Vascular Dynamics said early this month it tapped former NuVasive Inc. (NSDQ:NUVA) exec and Ellipse Technologies CEO Ed Roschak as its new president and chief executive. Prior to joining Mountain View, Calif.-based Vascular Dynamics, Roschak served as prez and CEO of Ellipse Technologies, which he saw through a $410 million acquisition by NuVasive. He then took up […]
Cynosure inks $10M settlement with Tria Beauty
Tria Beauty raises $40M in an open-ended funding round
Cosmetic medical device company Tria Beauty Inc. has so far raised $40 million in an open-ended equity funding round, and 13 unnamed investors are contributing to the pot, according to regulatory documents.
The Pleasanton, Calif.-based company expects to wrap up the offering by 2015 with no cap on the total raised, according to company filings. Tria went public 1 year ago in an IPO underwritten by Morgan Stanley and Wells Fargo.
Report: Blackstone leads race for Allscripts | Wall Street Beat
Blackstone Group is said to be leading the bidding war for electronic medical records company Allscripts (NSDQ:MDRX) but the 2 sides are far from agreeing on a price, according to Reuters.
Citing 3 "people familiar with the matter," the news agency said a deal is "highly uncertain."
University of Michigan sues St. Jude Medical for breach of contract
The University of Michigan is suing St. Jude Medical (NYSE:STJ), accusing the medical device maker of failing to pay $4.3 million in royalties on sales of St. Jude’s Epic and Trifecta cardiovascular valves.
