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Zynex

COVID-19 upends medtech’s financial outlook

April 7, 2020 By Sean Whooley

The uncertain times brought on by the COVID-19 pandemic have affected businesses worldwide, and several sectors of medtech industry are projecting hits to their bottom lines. A number of companies have announced decisions to withdraw financial guidance, cut hours and/or staff, among other major business decisions. Initial impacts of the global pandemic on Wall Street […]

Filed Under: Business/Financial News, Cardiovascular, Clinical Trials, Contract Manufacturing, Diabetes, Diagnostics, Featured, Genomics/Molecular Diagnostics, Health Technology, Imaging, Implants, MassDevice Earnings Roundup, Patient Monitoring, Wall Street Beat Tagged With: Check-Cap, coronavirus, COVID-19, Cutera Inc., Endologix, Hologic, Iradimed Corp, Livongo, Myomo Inc, Natus Medical Inc., NovoCure, Penumbra Inc., Shockwave Medical, Silk Road Medical Inc., Zynex

Huennekens out, Azarbarzin in at Verb Surgical | Personnel Moves, July 24, 2019

July 24, 2019 By Brad Perriello

Veteran medtech executive Scott Huennekens is out as CEO of Verb Surgical, the robot-assisted surgery joint venture between Johnson & Johnson (NYSE:JNJ) and Google parent Alphabet (NSDQ:GOOGL), which today installed Kurt Azarbarzin in the corner office. Azarbarzin, himself a medical device industry longtimer, was co-founder & CEO of SurgiQuest until its 2016 acquisition by ConMed (NSDQ:CNMD), where he was named […]

Filed Under: Business/Financial News, Featured, Robotics Tagged With: Alphabet (Google), currenthealth, Hologic, Johnson and Johnson, maxqai, micronsolutions, NeuroPace, Optum, Personnel Moves, Sorrel Medical, Tactile Systems Technology, Verb Surgical, Zynex

Zynex gains on Street-beating Q1 numbers

May 1, 2019 By Nancy Crotti

Zynex (NSDQ:ZYXI) shares jumped today on a double-digit first-quarter profit gain, beating Wall Street’s estimated sales and earnings forecasts. Lone Tree, Colo.-based Zynex reported profits of $2.4 million, or 7¢ per share, on sales of $9.2 million for the quarter ended March 31, for a bottom-line gain of 22.3% on sales growth of 33.7% compared with […]

Filed Under: Business/Financial News, MassDevice Earnings Roundup, Wall Street Beat Tagged With: Zynex

Cantel Medical taps ex-Cardinal Health COO Fotiades for CEO | Personnel Moves, March 5, 2019

March 5, 2019 By Brad Perriello

 Cantel Medical taps ex-Cardinal Health vet for CEO Cantel Medical (NYSE:CMD) said today that it named former Cardinal Health (NYSE:CAH) COO George Fotiades to be its new president & CEO, replacing Jorgen Hansen effective immediately. Fotiades will retain his seat on Cantel’s board, the Little Falls, N.J.-based company said. “On behalf of the board, I am very […]

Filed Under: Blog Tagged With: Activ Surgical, BioDirection, Cantel Medical Corp., cathworks, CHF Solutions Inc., Globus Medical, Misonix, Personnel Moves, sciton, Sensus Healthcare LLC, Zynex

Zynex uplists on Nasdaq

February 8, 2019 By Fink Densford

Zynex said yesterday that it has uplisted its common shares onto the Nasdaq Capital Market. The Englewood, Colo.-based company said that its shares have already been approved to be listed on the Nasdaq Capital Market and are expected to begin trading under its existing symbol, “ZYXI”, beginning February 12. “We are excited to reach this […]

Filed Under: Business/Financial News, Wall Street Beat Tagged With: Zynex

J-Pac names new CFO, ops VP | Personnel Moves

February 17, 2016 By Brad Perriello

J-Pac Medical said it named former GI Supply finance chief Michael Dolge to be its new CFO and tapped Phil Littlefield, a medtech veteran, to be its vice president of operations. Somersworth, N.H.-based J-Pac, which makes implantable textiles and offers packaging and manufacturing services to the medical device industry, said Dolge’s resume includes stints at […]

Filed Under: Business/Financial News Tagged With: Abiomed, conformis, Corindus Vascular Robotics, Evolent Health, J-Pac Medical, Nuvasive, Personnel Moves, Potrero Medical, Presbia, Velano Vascular, Zynex

OmniGuide vet Avila gets picked as new IlluminOss CEO | Personnel Moves

October 15, 2015 By Fink Densford

IlluminOss Medical said today it picked ex-OmniGuide sales & marketing veep Manny Avila as its new chief exec. Prior to his time as sales & marketing veep with OmniGuide, Avila served as veep of commercial operations and surgical solutions in Europe for Covidien, and had management roles at Aspect Medical, Synthes Inc. and Haemonetics (NYSE:HAE), IlluminOss […]

Filed Under: Business/Financial News Tagged With: Abiomed, Accuray Inc., Aortica, Boston Scientific, Bovie Medical Corp., Corindus Vascular Robotics, Hillrom, IlluminOss Medical Inc., Johnson and Johnson, OmniGuide, Philips, Zynex

Hill-Rom hires energy exec Strobel for CFO | Personnel Moves

October 27, 2014 By Brad Perriello Leave a Comment

Hill-Rom hires energy exec Strobel for CFO | Personnel Moves

Hill-Rom Holdings (NYSE:HRC) said it looked to the energy industry to replace James Saccaro as CFO, naming BlueStar Energy’s former CFO Steven Strobel to the position.

Filed Under: News Well Tagged With: AdvaMed, Clayton, CryoLife, Dubilier & Rice, GE Healthcare, Hansen Medical Inc., Hillrom, ITraumaCare, Personnel Moves, Sotera Wireless, Spine Wave, Zynex

Covidien promotes Hanson to group president role | Personnel Moves

July 22, 2014 By Brad Perriello Leave a Comment

Covidien promotes Hanson to group president role | Personnel Moves

Filed Under: News Well Tagged With: Covidien, Cutera Inc., Echo Therapeutics Inc., InspireMD, iStar Medical SA, MicroCHIPS Inc., Nonin Medical Inc., Personnel Moves, Stryker, Zynex

FDA meeting over uterine surgical device and cancer risk sparks debate | Regulatory news for the week of July 14, 2014

July 15, 2014 By MassDevice Leave a Comment

Debate heats up during FDA meeting over uterine surgical device and cancer risk

July 11, 2014 by Ingrid Mezo

Filed Under: Food & Drug Administration (FDA), News Well, Regulatory/Compliance Tagged With: Center for Devices and Radiological Health (CDRH), China Food & Drug Administration (CFDA), Cook Medical, Merit Medical Systems, Zynex

FDA flags Zynex Medical over chronic pain devices

July 9, 2014 By Brad Perriello Leave a Comment

FDA flags Zynex Medical over NexWave chronic pain device

Filed Under: Food & Drug Administration (FDA), News Well, Pain Management, Regulatory/Compliance Tagged With: Warning Letter, Zynex

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