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HeartWare taps ex-Medtronic exec Oesterle for board | Personnel Moves
HeartWare International (NSDQ:HTWR) is looking to get in on Dr. Stephen Oesterle, an Ex-Medtronic (NYSE:MDT) exec who moved to the venture capital firm New Enterprise Associates last Sept., saying this...
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Allergan acquires Zeltiq Aesthetics in $2.48B deal
Allergan (NYSE:AGN) said today that it will pay $2.48 billion for Zeltiq Aesthetics Inc. (NSDQ:ZLTQ) and its portfolio of body-contouring products. Zeltiq’s FDA-approved CoolSculpting system uses a...
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Allergan closes $2.4B Zeltiq acquisition
Allergan (NYSE:AGN) said today that it closed its $2.48 billion acquisition of Zeltiq Aesthetics Inc. (NSDQ:ZLTQ) and its portfolio of body-contouring products. Zeltiq’s FDA-approved CoolSculpting...
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Zeltiq handed FDA clearance for fat reduction device
Zeltiq landed 510(k) clearance from the Food & Drug Administration for its fat reducing device. The Pleasanton, Calif. based medical device developer’s CoolSculpting system works by cooling flabby...
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Boston University lands $13.6M to study cancer detection tools | Funding Roundup
Boston University School of Medicine landed a $13.6 million grant from the U.S. Defense Dept. lung cancer research program to study technologies focused on the early detection of lung cancer. The...
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Goldman pans Wall Street’s med-tech estimates
Wall Street’s overall take on sales and earnings forecasts for medical device makers this year is too high, according to Goldman Sachs (NYSE:GS) analyst David Roman, who sees The Street’s 4th-quarter...
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Heart docs claim harassment for exposing poor patient care | Legal News
Drs. Singh and Ihnken A group of California cardiologists filed a lawsuit against Santa Clara Valley Medical Center, alleging that they were harassed out of their jobs after they complained about a...
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GMI Ratings adds Boston Scientific to risky bet list | Wall Street Beat
A rating agency specializing in evaluating risky investments added Boston Scientific (NYSE:BSX) to its "Risk List," citing the ongoing fallout from its ill-starred Guidant buyout, its accounting and...
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St. Jude Medical rebounds after “Greek tragedy”| Wall Street Beat
Shares of St. Jude Medical (NYSE:STJ) clawed back some of the value lost yesterday in what 1 waggish analyst termed a “Greek tragedy.” STJ shares closed down 3.3% yesterday at $39.96 when the company...
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Biolase CEO Pignatelli touts $1 salary | Earnings Roundup
Biolase Technology (NSDQ:BLTI) CEO Federico Pignatelli agreed to another year at a $1 salary as the dental laser maker met Wall Street’s 4th-quarter forecast with a whopping 35% top-line bump....
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Ex-Stryker CEO MacMillan earned $9.5M in 2011 | Personnel Moves
Stryker’s (NYSE:SYK) former CEO, Stephen MacMillan, walked away from a pay package worth more than $9.5 million last year, SEC filings show. MacMillan’s pay included more than $1.3 million in salary,...
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Imaging3 loses director, president & COO Sohn | Personnel Moves
Imaging3 (OTC:IMGG) president & COO resigned "to pursue other interests," according to a regulatory filing, leaving the mobile fluoroscopy device maker without a replacement. Sohn, whose...
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J&J veteran Donald Casey takes helm of medical segment at Cardinal Health |...
Cardinal Health appointed Donald Casey Jr. to lead its $9 billion medical products and services division, effective next week. Casey is a 24-year Johnson & Johnson (NYSE:JNJ) veteran, starting in...
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CardioInsight chief Arless replaced by 2-man “office of the president”|...
CardioInsight chairman & CEO Steve Arless resigns, to be replaced by 2-man "office of the president" CardioInsight Technologies chairman & CEO Steve Arless resigned suddenly, to be replaced...
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Edwards CEO Mussallem announces stock plans | Personnel Moves
Edwards’ CEO Mussallem exercises stock options Edwards Lifesciences (NYSE:EW) chairman & CEO Michael Mussallem will this month begin exercising stock options that were nearing expiration through...
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University of Michigan sues St. Jude Medical for breach of contract
The University of Michigan is suing St. Jude Medical (NYSE:STJ), accusing the medical device maker of failing to pay $4.3 million in royalties on sales of St. Jude’s Epic and Trifecta cardiovascular...
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Mako Surgical shareholders file 6 lawsuits in 4 months after stock dives
Mako Surgical (NSDQ:MAKO) shareholders have filed 6 lawsuits in the last 4 months, accusing the company of misstating the company’s sales and financial outlook in order to artificially inflate its...
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By the numbers: The aesthetic medical device market picks up during the 2nd...
The market for aesthetic medical devices gained some ground during the 2nd quarter, a MassDevice.com analysis shows, although healthy sales growth didn’t necessarily translate into healthy bottom...
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Zeltiq makes it official with interim CEO | Personnel Moves
Zeltiq seals the deal with interim CEO Zeltiq (NSDQ:ZLTQ) appointed Mark Foley the official president & CEO, a position he’s held on an interim basis since former president & CEO Gordie Nye...
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Weight-loss: Zeltiq Aesthetics launches new CoolCurve applicator for...
California-based medical technology company Zeltiq (NSDQ:ZLTQ) launched CoolCurve+, a new applicator platform for its CoolSculpting system to help physicians to "treat more body shapes." Unlike...
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Accuray details new CEO appointment | Personnel Moves
Accuray details new CEO’s position California-based medical device maker Accuray (NSDQ:ARAY) earlier this month announced Joshua Levine, aged 54, as its new president & CEO following the...
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Spanish court denies Zeltiq, Mass. General in patent suit against Clinipro
Zeltiq (NSDQ:ZLTQ) said the Mercantile Court in Spain denied its bid for a preliminary injunction against Clinipro in a joint lawsuit filed with Mass. General Hospital against the French medical...
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