Teleflex (NYSE: TFX) today reported fourth-quarter results that beat the consensus forecast on Wall Street, predicting continued growth amid a headwind from last year’s respiratory business divestiture. The Wayne, Pennsylvania–based critical care and surgical tech company earned $128.1 million, or $2.70 per share, off sales of $761.9 million for the quarter ended Dec. 31, 2021, […]
Teleflex
Teleflex wins FDA clearance for expanded indications of CTO specialty catheters, guidewires
Teleflex (NYSE:TFX) today announced that it received FDA clearance for expanded indication for its specialty catheters and coronary guidewires for use in crossing chronic total occlusion percutaneous coronary interventions (CTO PCI). Devices that are included in the expanded indication are the Teleflex GuideLiner V3 catheter, TrapLiner catheter, Turnpike catheters, Spectre guidewire, Raider guidewire, Bandit guidewire, Warrior […]
Teleflex recalls some Arrow-Trerotola over-the-wire PTD kits
Teleflex (NYSE:TFX) announced that it initiated a worldwide recall of its Arrow-Trerotola over-the-wire PTD (percutaneous thrombolytic device) kit. Wayne, Pennsylvania-based Teleflex designed the Arrow-Trerotola (PTD) catheter in conjunction with the Arrow rotator drive unit to allow for the mechanical declotting of the native arterio-venous (AV) fistulae and synthetic dialysis graft. The company initiated the recall […]
The best places to work for medtech sales reps in 2022
Teleflex (NYSE:TFX), ConMed (NSDQ:CNMD) and Medtronic (NYSE:MDT) topped the list of best places to work in medtech sales in 2022, according to a MedReps.com survey of medical sales representatives. The 11th annual MedReps survey polled over 2,300 MedReps professionals to determine which medtech sales companies are most sought-after in the industry. Overall, pay and leadership were the most important […]
Teleflex beats The Street in Q3 but warns of COVID-19 headwinds
Teleflex (NYSE: TFX) today reported third-quarter results that beat the consensus forecast on Wall Street but lowered its full-year revenue guidance as the COVID-19 pandemic affects sales across product lines. The Wayne, Pennsylvania–based critical care and surgical tech company reported profits of $199.2 million, or $4.20 per share, on sales of $700.3 million for the […]
Teleflex raises guidance on respiratory sale headwinds, beats Street in Q2
Teleflex (NYSE:TFX) today posted Street-beating second-quarter financial results and increased its guidance for the full year. The Wayne, Pa.–based critical care and surgical tech company posted profits of $83.2 million, or $1.76 per share, on sales of $713.5 million for the three months ended June 27, 2021, increasing its bottom-line by more than six times […]
MedTech 100 roundup: New all-time best reached
Once again, the medtech industry has soared to new heights, eclipsing its all-time best performance by the tiniest of margins. MassDevice‘s MedTech 100 Index — which includes stocks of the world’s largest medical device companies — finished the week (July 2) at 114.59 points. It was just 0.01 points ahead of the 114.58-point mark set in […]
Teleflex completes respiratory asset sale to Medline
Teleflex (NYSE:TFX) announced that it completed the divestiture of a significant portion of its respiratory business to Medline Industries. Wayne, Pa.-based Teleflex announced last month that it agreed to sell a significant portion of its respiratory business to Medline for $286 million, reduced by $12 million of working capital to be retained by Teleflex. The […]
DTW Podcast: How AtriCure built a big business in Afib; A deep look into Abbott’s new Coronary imaging platform
In this week’s episode of the DeviceTalks Weekly Podcast, Dr. Nick West, CMO & divisional VP of global medical affairs at Abbott’s vascular business, discusses the European launch of the company’s new coronary imaging platform. Dr. West explains how the AI-powered platform works and the benefits it offers for decision-making during coronary stenting procedures. He […]
MedTech 100 roundup: More growth ahead?
A turgid month for the medtech industry might be drifting into the past after the past week indicated a slight turnaround as summer nears. MassDevice‘s MedTech 100 Index — which includes stocks of the world’s largest medical device companies — finished the week at 107.74 points, marking a 1.4% rise from the 106.22-point mark set one […]
Teleflex selling some respiratory assets to Medline
Teleflex (NYSE:TFX) announced today that it agreed to sell a significant portion of its respiratory business to Medline Industries for $286 million. Total consideration for the sale amounts to $286 million, reduced by $12 million of working capital to be retained by Teleflex, according to a news release. Assets set to be divested generated revenues […]