Shares of Volcano were down nearly 10% on Wall Street in late-day trading Friday, after the medical device company revised its sales and earnings guidance downwards, a day after a tough 4th-quarter earnings release. The San Diego, Calif.-based firm said it expects to turn 8¢-11¢ earnings per share on $406 million-$412 million in sales.
Lumenis Limited is recalling certain models of VersaCut Morcellator devices to correct its labeling. There is a potential for air embolisms to occur if the aspiration tubing is hooked up backwards to the aspiration control box housing. This product may cause serious adverse health consequences, including death.
Johnson & Johnson subsidiary DePuy Orthopaedics is in hot water again, this time due to a limb preservation system sleeve that's being pulled out of surgery suites in a recall rated Class 1 by the FDA. The diaphyseal sleeve is used to reconnect tissues during joint surgery.
California neurostimulation devices maker NeuroPace crept 1 step closer to an FDA win for its epilepsy implant with near-unanimous approval from the FDA's Neurological Devices Advisory Panel. The expert panelists today voted unanimously that the RNS implantable neurostimulator demonstrated safety in clinical trials...
AACR President-elect Charles L. Sawyers, M.D. is among the 11 winners. PHILADELPHIA — The American Association for Cancer Research congratulates the recipients of the first Breakthrough Prize in Life Sciences. Nine of the 11 recipients are members of the AACR, including President-elect Charles L. Sawyers, M.D.
Masimo shares are down more than 1% since the medical device company reported its full-year and 4th-quarter results Feb. 14. The Irvine, Calif.-based firm finished 2012 strong, reporting profits of $15.0 million, or 26¢ per share, on sales of $132.2 million for the 3 months ended Dec. 31, 2012. That represents an 18% sales bump from the same quarter last year.
California mobile health services company Sanitas won FDA clearance for its Wellaho system, a proprietary mobile and online platform providing a link between patients and healthcare providers. The Wellaho platform is "an outpatient management system for chronically ill patients," according to the company's website.
LAPORTE, Ind. , Feb. 22, 2013 /- DLI, a leading manufacturer of rugged tablets, in-vehicle computers, and mobile POS devices today announced the release of three new medical-grade rugged devices - DLI 7200M Rugged Healthcare PDA, DLI 8800M Rugged Healthcare Tablet & DLI 9000M Rugged Healthcare Tablet.
TEKO have launched the new TEKNET-T enclosures which have been designed for hand-held electronics with large displays. Typical applications include medical devices.
The new Able VRB Gear Reducer is an excellent alternative for OEMs that need a cost-effective, high-performance gear reducer. The high-precision and torque handling capabilities are an ideal fit for medical equipment.
Orthopedic devices maker Orthofix makes big strides in its profit margin expansion program, but suffers setbacks in sales due to obstacles in international markets. Medical device maker Orthofix (NSDQ:OFIX) posted huge growth for its bottom line in both the 4th quarter and full year of 2012, but reported sliding sales and projected slow growth for the year ahead.
The Auto-Lock is an internal retention mechanism that actually hooks to the pins of power supply inlets and resists any axial force unless the Auto-Lock mechanism is released.
Porex offers P3 Technology, a new venting capability for ethylene oxide (EtO) sterilization in medical device packaging applications. The initial offering will be specialty porous PTFE films that are outstanding sterile barriers with high airflow.
NAPLES, Fla. , Feb. 22, 2013 /- Falls River Group LLC announces they have been engaged by Imalux Corporation, manufacturer of the FDA cleared, Niris 1300e imaging system, to pursue strategic relationships for the company in order to increase the widespread use of the system. A newly developed application...
FRISCO, Texas--(BUSINESS WIRE)--Feb 22, 2013--Greatbatch, Inc. (NYSE: GB) today announced that Thomas J. Hook, president and CEO, and Michael Dinkins, senior vice president and CFO, will participate in the 2013 RBC Capital Markets Healthcare Conference in New York, New York on Wednesday, February...