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vascularsolutions

Vascular Solutions recall of Langston dual lumen catheter is Class I

April 30, 2020 By Sean Whooley

The FDA issued a notice today warning that its recall of the Vascular Solutions Langston dual lumen catheter is identified as Class I, the most serious kind of recall. Vascular Solutions, a Teleflex (NYSE:TFX) subsidiary, designed the Langston dual lumen catheter for the rapid delivery of dye into blood vessels during medical imaging tests, allowing physicians to […]

Filed Under: Catheters, Food & Drug Administration (FDA), Imaging, Recalls, Regulatory/Compliance Tagged With: FDA, Teleflex, Teleflex Medical, vascularsolutions

Medtech M&A: The 10 biggest deals so far in 2017

June 29, 2017 By Fink Densford

Over the past several years, the healthcare industry as a whole has experienced an abundance of mergers and acquisitions – major players are buying up their peers in deals ranging from millions to billions.  The trend is continuing, and the healthcare playing field continues to be shaped by these mega-transactions. For the medical device industry, […]

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Filed Under: Blog, Business/Financial News, Mergers & Acquisitions Tagged With: Abbott, becton dickinson, Boston Scientific, C.R. Bard, Cardinal Health, Codman Neuro, Cynosure Inc., Edwards Lifesciences, Hologic, Integra LifeSciences, Johnson and Johnson, Medtronic, Novadaq, stjudemedical, Stryker, Symetis, Teleflex, Valtech Cardio, vascularsolutions

Teleflex says Venture Cath recall is FDA Class I

June 23, 2017 By Fink Densford

Teleflex (NYSE:TFX) subsidiary Vascular Solutions today updated on a voluntary recall of its Venture Catheters over issues with excess material on the devices, saying that the FDA labeled it as a Class I recall, it’s most serious designation for recalls. Class I recall designations, the FDA’s most serious classification of recall, are used when there is a […]

Filed Under: Cardiovascular, Catheters, Food & Drug Administration (FDA), Recalls, Vascular Tagged With: Teleflex, vascularsolutions

Teleflex’s Vascular Solutions recalls Venture catheters

June 7, 2017 By Brad Perriello

Teleflex (NYSE:TFX) subsidiary Vascular Solutions is recalling its Venture line of catheters after discovering a manufacturing defect that could cause embolisms. “After an internal investigation, VSI has concluded there is a potential for excess material used to manufacture the catheter to be present within the inner lumen of the distal catheter tip. It is possible that the excess […]

Filed Under: Cardiovascular, Catheters, Recalls Tagged With: Peripheral, Teleflex, vascularsolutions

Failure to thrive: Lessons learned from medtech innovations that missed the mark

March 17, 2017 By Chris Newmarker

Some of the medical device industry’s most heralded disruptors wound up being its biggest failures. Here’s what we can learn from their mistakes. Fink Densford, Associate Editor No one in medtech sets out to fail. No one invests in building a device believing that, despite years of research and development, it won’t make the cut. […]

Filed Under: Business/Financial News, Diagnostics, Food & Drug Administration (FDA), Metal-on-Metal, Orthopedics, Recalls, Research & Development Tagged With: Johnson and Johnson, Kablooe Design, Medgineering, MedTech, metal-on-metal hips, Sedasys, Theranos, vascularsolutions

Teleflex wins FDA nod for Trapliner cath, sees shares rise on Street-topping Q4, FY2016 earnings

February 23, 2017 By Fink Densford

Teleflex (NYSE:TFX) today said it won FDA 510(k) clearance for its TrapLine Catheter and saw shares tick up upon the release of 4th quarter and full fiscal year 2016 earnings that beat expectations on The Street. The company’s TrapLine catheter was developed by Vascular Solutions, which Teleflex officially acquired last week. The TrapLiner is intended for use in conjunction with guide […]

Filed Under: 510(k), Business/Financial News, Cardiovascular, Catheters, Food & Drug Administration (FDA), MassDevice Earnings Roundup, Regulatory/Compliance, Vascular Tagged With: Teleflex, vascularsolutions

Vascular Solutions shareholders approve $1B Teleflex takeover

February 17, 2017 By Brad Perriello

The $1 billion takeover of Vascular Solutions (NSDQ:VASC) by Teleflex (NYSE:TFX) is slated to close today after Vascular Solutions shareholders yesterday approved the deal. The $56-per-share sale brings a portfolio of more than 90 coronary and peripheral vascular devices under the Teleflex umbrella. When the deal was announced last December, Teleflex CEO Benson Smith said that part of the acquisition’s […]

Filed Under: Mergers & Acquisitions, Vascular, Wall Street Beat Tagged With: Teleflex, vascularsolutions

Vascular Solutions shareholders sue to block $1B Teleflex buyout

February 1, 2017 By Brad Perriello

A group of Vascular Solutions (NSDQ:VASC) shareholders last week sued to block a $1 billion buyout by Teleflex (NYSE:TFX), arguing that the deal undervalues Vascular Solutions and locks out any competing bids. The purported class action, filed Jan. 27 in the U.S. District Court for Minnesota, alleges that the $56-per-share Teleflex deal is an “inadequate consideration” for Vascular Solutions. “Among […]

Filed Under: Legal News, Mergers & Acquisitions, Wall Street Beat Tagged With: Teleflex, vascularsolutions

How Howard Root guided Vascular Solutions to a $1B buyout – and beat federal prosecutors

January 25, 2017 By Fink Densford

Fresh from a huge legal win over the U.S. Justice Dept., Howard Root guided Vascular Solutions to a $1 billion buyout. Here’s what he learned about leadership along the way. It’s been a banner year in many ways for Vascular Solutions. Apart from top-line growth of some 17%, the company was named to the Forbes […]

Filed Under: Legal News, Mergers & Acquisitions, Vascular Tagged With: Howard Root, vascularsolutions

Teleflex puts up $1B for Vascular Solutions

December 2, 2016 By Fink Densford

Teleflex (NYSE:TFX) said today it will pay approximately $1 billion to acquire Vascular Solutions (NSDQ:VASC). Through the deal, Teleflex will pick up all outstanding shares of Vascular Solutions at $56 per share, in cash. Boards of both companies have approved the deal, which is expected to close during the 1st half of 2017. “We are extremely excited […]

Filed Under: Mergers & Acquisitions, Vascular Tagged With: Teleflex, vascularsolutions

Legal win leaves Vascular Solutions CEO Root weary of the corner office

October 24, 2016 By Fink Densford

After being acquitted of federal felony charges for off-label marketing and a prosecution that spanned 5 years, Vascular Solutions (NSDQ:VASC) CEO Howard Root said he’s still recovering from the strain of battling federal prosecutors. TJSmith, a lawyer, said if it wasn’t for his previous life in the field of law he would have cracked under the pressure […]

Filed Under: Legal News Tagged With: vascularsolutions

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