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Haemonetics Corporation (HAE) Launches PerQseal Elite, Advancing Minimally Invasive Vascular Care
Yahoo Financeยท 2025-09-18 14:39
Core Insights - Haemonetics Corporation is identified as one of the most oversold healthcare stocks in 2025, focusing on blood and plasma management technologies to enhance healthcare efficiency through innovative medical devices [1] Group 1: Product Launch and Innovation - In 2025, Haemonetics launched the PerQseal Elite vascular closure system, which received European CE Mark approval. This device is fully bioresorbable and sutureless, designed for large-bore vascular access sites used in procedures like TAVR and EVAR [2] - The PerQseal Elite device deploys from inside the vessel, leaving no residual materials, thus restoring the vessel to its natural state and improving procedural control. This launch reflects a trend towards minimally invasive, bioresorbable devices that enhance patient outcomes and procedural efficiency [2] Group 2: Financial Performance - Haemonetics reported its first-quarter fiscal 2026 results on August 7, 2025, with an earnings per share (EPS) of $1.10, exceeding analyst estimates by $0.09. However, revenue declined by 4.4% year-over-year to $321.39 million [3] - Despite the revenue decline, the company demonstrated resilience in profitability and operational performance, indicating its capability to navigate challenging market conditions [3] Group 3: Leadership and Strategic Focus - In early 2025, Haemonetics made strategic leadership appointments, including Frank Chan as Executive Vice President and Chief Operating Officer, and Roy Galvin as Executive Vice President and Chief Commercial Officer. These appointments aim to strengthen operational excellence and expand commercial reach [4]