The Essential Resource for the Medical Design Engineering Community
Stung by Widening Losses, Accuray Plans $75M Debt Offering
February 7, 2013 2:53 pm | by Mass Device | News | CommentsOn the heels of gaping losses and a more than 25% sales decline, Accuray announces plans for a $75 million debt round. Accuray (NSDQ:ARAY) plans to issue $75 million worth of convertible senior notes as it gears up to restructure its business after a year of widening losses. The Sunnyvale, Calif.-based medical device company said it will use the proceeds from the offering of debt due Feb. 1, 2018, to shore up its balance sheet.
Researchers Find a Genetic Marker for Aortic Valve Disease
February 7, 2013 2:13 pm | by Mass Device | News | CommentsA research consortium tracks down a genetic variant that doubles the risk of buildup in the aortic valve that can cause heart failure, stroke and sudden cardiac death. A team of researchers have pinpointed a gene that may be responsible for double a patient's risk of calcium buildup in the aortic valve, a condition linked with heart failure, stroke and sudden cardiac death. The finding may lead to new research and therapies, which are very limited for patients with narrowing, or stenosis, of the aortic valve.
Losses Soar, Shares Plummet for Accuray
February 7, 2013 2:09 pm | by Mass Device | News | CommentsAccuray's fiscal 2nd quarter sales plunge and its losses gape wider, sending share prices down almost 10% today. Accuray (NSDQ:ARAY) shares lost nearly 10% today after the medical device company reported soaring losses and a nearly 27% sales slide for its fiscal 2nd quarter. The Sunnyvale, Calif.-based company, which makes radiation oncology equipment, posted losses of $29.2 million, or 40¢ per share, on sales of $77.8 million for the 3 months ended Dec. 31, 2012.
Fully Automatic AED Plus from ZOLL Granted 510(k) Clearance by U.S. Food and Drug Administration
February 7, 2013 1:22 pm | by The Associated Press | News | CommentsCHELMSFORD, Mass.--(BUSINESS WIRE)--Feb 7, 2013--ZOLL Medical Corporation, a manufacturer of medical devices and related software solutions, announced today that it has received 510(k) clearance from the U.S. Food and Drug Administration to market and begin U.S. distribution of the new fully...
CT Scanner Delivers Less Radiation
February 7, 2013 12:33 pm | by Massachusetts Institute of Technology | News | CommentsFaster, more sensitive scans and better image processing may reduce the risk of x-ray-related cancers. A new CT scanner exposes patients to less radiation while providing doctors with clearer images to help with diagnoses, according to researchers at the National Institutes of Health.
Sorin Group Announces Preliminary Results for 2012
February 7, 2013 12:06 pm | by The Associated Press | News | CommentsMILAN--(BUSINESS WIRE)--Feb 7, 2013--At a meeting held today and chaired by Rosario Bifulco, the Sorin S.p.A. (MIL:SRN) Board of Directors analyzed the results for the fourth quarter 2012 and the preliminary unaudited consolidated results for the year of 2012. The final draft of the financial...
100 Watt AC-DC Power Supply
February 7, 2013 10:44 am | by MDT Staff | Power Sources Unlimited Inc. | Product Releases | CommentsPower Sources Unlimited, Inc. announces the NXT-100 series of ultra small AC-DC power supplies with extended temperature range that achieves unit start-up down to –40°C (-WT models).
Convection Cooled, Compact 300-Watt Power Supplies
February 7, 2013 10:40 am | by MDT Staff | Tdk - Lambda Americas | Product Releases | CommentsTDK Corporation announces the release of TDK-Lambda’s latest addition to its ZWS line of compact AC-DC power supplies. The new single-output ZWS300BAF series provides 300-watts with convection cooling.
Effective Drug-free Treatment for Migraine Published in NEUROLOGY
February 7, 2013 10:34 am | by PR Newswire | News | CommentsLIEGE, Belgium, February 7, 2013 /PRNewswire/ -- The American scientific journal NEUROLOGY publishes the positive results of the PREMICE clinical study on the effectiveness and safety of the CEFALY® medical device in the prevention of migraine. NEUROLOGY (official journal of the...
Square Shoulder Milling Cutters
February 7, 2013 10:14 am | by MDT Staff | Product Releases | CommentsTo continue the success of its Turbo 10 series of square shoulder milling cutters and provide manufacturers with increased machining flexibility in tough materials, Seco Tools is expanding the product line...
Micro Dosing Unit for Liquids
February 7, 2013 10:06 am | by MDT Staff | Burkert Fluid Control Systems | Product Releases | CommentsBürkert's new micro dosing unit Type 7615 – a high-precision diaphragm pump for exact dosing of liquids in the µl range – is the fluid technology specialist's latest addition to its product portfolio for analytical, bio-medical and medical applications.
Biosensors Collaborates with Terumo to Promote NoboriT in Japan
February 7, 2013 10:05 am | by The Associated Press | News | CommentsBiosensors International Group, Ltd., a developer, manufacturer and marketer of innovative medical devices, has announced a collaboration with Terumo Corporation to promote the NoboriT drug-eluting stent (DES) system at specific specialist cardiology centers in Japan.
Notable Solutions, Inc. Successfully Demonstrates Healthcare System Interoperability at IHE North American 2013 Connectathon
February 7, 2013 10:00 am | by The Associated Press | News | CommentsNotable Solutions, Inc., (NSi) a leading provider of paper and electronic data capture and print stream management solutions, announced today that it has successfully completed interoperability testing at the Integrating the Healthcare Enterprise (IHE) North...
Cardiva Medical, Inc. Announces FDA Approval for VASCADE Vascular Closure System
February 7, 2013 9:40 am | by PRNewswire | News | CommentsCardiva Medical, Inc. today announced that the U.S. Food and Drug Administration (FDA) has granted Premarket Approval (PMA) for the VASCADE Vascular Closure System (VCS). Clinical data from a prospective, multi-center, randomized 420 patient trial demonstrated that the VASCADE VCS is clinically and statistically superior in both safety and efficacy compared to manual compression...
Molex Brings Its Growing Portfolio Of Solutions For Next-Generation Medical Devices To MD&M West
February 7, 2013 9:07 am | by The Associated Press | Molex | News | CommentsLISLE, Ill.--(BUSINESS WIRE)--Feb 7, 2013--Molex Incorporated continues to tap into world-class interconnect expertise to develop solutions for next-generation healthcare devices. Molex, along with subsidiaries Affinity Medical Technologies LLC, Temp-Flex LLC and Polymicro Technologies, will...
