April 9, 2015 by Brad Perriello
ViewRay postponed its initial public offering with which it planned to raise $52 million for its MRI-guided radiation therapy technology, Renaissance Capital reported.
Oakwood Village, Ohio-based ViewRay had planned to float 4 million shares at $12 to $14 apiece. Read more
April 13, 2015 by Val Kennedy
GI Dynamics said it conducted a 1-for-10 reverse stock split in an effort to boost its flagging share price.
Investors were paid cash for any resulting fractional shares, while options, restricted stock units and warrants were rounded to the next whole unit, Lexington, Mass.-based GI Dynamics said. Read more
April 8, 2015 by Brad Perriello
BSD Medical, which earlier this year rebranded as Perseon Corp. in a bid to focus on its core microwave ablation business, said today that it won an expanded 510(k) clearance from the FDA for its MicroThermX device.
The new indication for the soft tissue ablation system covers laparoscopic ablation procedures using image guidance, Salt Lake City-based Perseon said. PRSN shares jumped 15.2% today to 38¢ apiece on the news. Read more
April 9, 2015 by Val Kennedy
Cardiac imaging specialist Positron Corp. said it conducted a 1-for-400 reverse stock split yesterday.
As a result of the transaction, shareholders received one common share for every 400 shares they held. The split was held at market open yesterday. Read more
At DeviceTalks Boston, Tyler Shultz will give attendees an inside look at Theranos and how he was able to sound the alarm after he realized the company was falling apart. Shultz will take attendees behind the story that everyone is talking about: the rise and fall of Elizabeth Holmes and her diagnostic company, Theranos.
Join Shultz and 1,000+ medical device professionals at the 8th annual DeviceTalks Boston.