LivaNova (NSDQ:LIVN) said last week that it picked up former Johnson & Johnson medical device group chief financial officer Thad Huston as its new CFO, effective May 20. Huston will replace former CFO Vivid Sehgal, who coordinated with Huston during the transition. Huston spent more than 25 years with Johnson & Johnson, and held various positions, […]
Vuzix
Smart eyewear dev Vuzix raises $6.6m
Video eyewear and smart glass supplier Vuzix said today it closed a $6.6 million underwritten offering of common stock. The Rochester, N.Y.-based company said it sold 1 million shares of common stock at $5.75 per share in the round, with a fully exercised over-allotment option for an additional 150,000 shares at the same price. Shares […]
Device tax spurs Hill-Rom to lay off 200 | Wall Street Beat
Hill-Rom Holdings (NYSE:HRC) said it will lay off about 3% of its workforce, or roughly 200 workers, as it maneuvers to confront the medical device tax set to go into effect next year.