SAN DIEGO, Nov. 14, 2011 /PRNewswire/ — Volcano Corporation (NASDAQ: VOLC), a leading developer and manufacturer of precision guidance therapy tools designed to enhance the treatment of coronary and peripheral vascular disease, and Imperial College London jointly announced the results of the ADVISE (ADenosine Vasodilator Independent Stenosis Evaluation) study during a Late Breaking Clinical Trial session at the Transcatheter Therapeutics Conference (TCT 2011) in San Francisco. The results have also been accepted for publication in the Journal of the American College of Cardiology…
Volcano Corp.
TCT 2011: Medtronic’s Resolute DES just as effective as Abbott’s market-leading Xience V
Baxter CEO Parkinson cashes in, reaps $14 million | Wall Street Beat
Robert Parkinson Jr., chairman & CEO of Baxter International (NYSE:BAX), added 20 percent to his paycheck total from last year by cashing in on stock options for the first time.
Parkinson, 60, who earned $11.5 million last year, netted $14.1 million last month after exercising the options and selling stock.
Volcano’s Q3 profits plunge 50 percent | Earnings Roundup
Volcano Corp. (NSDQ:VOLC) are down 4.4 percent this morning after the medical device company reported its third-quarter numbers yesterday, beating Wall Street’s expectations despite plunging profits, but lowering the top end of its sales guidance for the rest of the year.
The San Diego-based medical device maker posted profits of $2.6 million, or 5 cents per share, on sales of $85.8 million for the three months ended Sept. 30.
Supreme Court denies Stryker, Volcano’s Q3 profits plunge 50 percent, Surgical robot brings precision to eye surgery | MassDevice.com +3
Say hello to MassDevice +3, a bite-sized view of the top three med-tech stories of the day. This latest feature of MassDevice.com’s coverage highlights our three biggest and most influential stories from the day’s news to make sure you’re up to date on the headlines that continue to shape the medical device industry.
If you read nothing else today, make sure you’re still in the know with MassDevice +3.
Volcano’s Q3 profits plunge 50 percent
Volcano Corp. (NSDQ:VOLC) are down 4.4 percent this morning after the medical device company reported its third-quarter numbers yesterday, beating Wall Street’s expectations despite plunging profits, but lowering the top end of its sales guidance for the rest of the year.
The San Diego-based medical device maker posted profits of $2.6 million, or 5 cents per share, on sales of $85.8 million for the three months ended Sept. 30.
FLASH: BSX COO to step down by end of year | Personnel Moves
Boston Scientific Corp. (NYSE:BSX) COO Samuel Leno announced his retirement as executive VP and chief operating officer after three years with med-tech giant.
Leno made the announcement internally on Friday, Oct. 28, according to documents filed with the SEC.
Leno joined Boston Scientific in June 2007 as executive VP of finance and information systems and CFO. In March 2010, he was appointed executive VP and COO.
MassDevice Big 100 Regional Roundtable West featuring Michael Mussallem, Scott Huennekans and Joe E. Kiani set for December 12
MassDevice.com is proud to announce the MassDevice Big 100 Regional Roundtable West, an event slated for Dec. 12, 2011, in Irvine, Calif., recognizing cutting-edge leadership and innovation in the medical device field in southern California.
Volcano backs out of building
Volcano Corp. (NSDQ:VOLC) won’t be putting down roots in Massachusetts after all, having cancelled a $7.5 million bid for a building in Billerica.
The building, at 1 Fortune Drive, is still home to San Diego, Calif.-based Volcano’s subsidiary Axsun Technologies Inc, which develops micro-electro-mechanical optical engines for medical imaging and telecommunications.
Hologic touts record revenues | Earnings Roundup
Hologic Inc. (NSDQ:HOLX) reported growth in sales and booming earnings its third quarter ended June 25, driven by increased revenues in its breast health sector, which includes its 3D mammography system.
Breast health revenues grew 8 percent to $205 million, compared to $189 million during the same period last year.
Volcano Corp. goes bi-coastal
Volcano Corp. (NSDQ:VOLC) put down a $250,000 deposit on the $7.5 million purchase of a building in Billerica, Mass.
The building, at 1 Fortune Drive, was already home to Volcano subsidiary Axsun Technologies Inc. The company is headquartered in San Diego, Calif., but the new building gives them a foothold on the east coast.