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Dr. Vignesh Rajah Appointed as SERB Pharmaceuticals’ Chief Medical Officer
Globenewswire· 2025-11-17 08:15
London, UK, Nov. 17, 2025 (GLOBE NEWSWIRE) -- SERB Pharmaceuticals is pleased to announce the appointment of Dr. Vignesh Rajah as its Chief Medical Officer (CMO). Dr. Rajah brings over two decades of global experience leading medical and clinical organisations in US and European pharmaceutical and biotech companies.  This strategic appointment marks a significant milestone in SERB’s growth journey. As CMO, Dr. Rajah will play a pivotal role in advancing the company’s scientific and medical capabilities, sup ...
Penumbra, Inc. (NYSE:PEN) Maintains Strong Market Position Amidst Competition
Financial Modeling Prep· 2025-11-07 00:18
Core Insights - Penumbra, Inc. is a key player in the medical device industry, focusing on innovative solutions for neuro and vascular conditions, particularly in stroke treatment [1] - Evercore ISI has reaffirmed its "Outperform" rating for Penumbra, adjusting the price target from $285 to $286, reflecting confidence in the company's growth potential [2][6] - Institutional interest in Penumbra is increasing, with significant investments from firms like Spire Wealth Management and First Horizon Advisors Inc., indicating strong confidence in the company's future performance [3][6] Stock Performance - Penumbra's stock has experienced a notable increase of 16.89%, translating to a rise of $38.09, with a trading range today between $261.17 and $272 [4][6] - Over the past year, the stock has fluctuated significantly, reaching a high of $310 and a low of $221.26, showcasing its volatility and growth potential [4] - The current stock price is $263.62, showing a slight decrease but remaining within a healthy range [2] Market Position - Penumbra has a market capitalization of approximately $10.28 billion and a trading volume of 684,099 shares, underscoring its significance in the medical device industry [5] - The company's ability to attract institutional investors and maintain a strong market presence highlights its potential for continued success [5]
Sonoma Pharmaceuticals to Exhibit at MEDICA 2025 in Düsseldorf
Accessnewswire· 2025-11-06 21:01
BOULDER, CO / ACCESS Newswire / November 6, 2025 / Sonoma Pharmaceuticals, Inc. (Nasdaq:SNOA), a global healthcare leader developing and producing patented Microcyn® technology-based stabilized hypochlorous acid (HOCl) products for a wide range of applications, including wound care, eye, oral and nasal care, dermatological conditions, podiatry, and animal health care, today announced that it will be exhibiting at MEDICA 2025 in Düsseldorf, Germany, November 17-20, 2025. MEDICA is one of the largest and most ...
MannKind Commemorates Alfred E. Mann’s 100th Birthday with New Scholarship Program Supporting Young Adults Living with Diabetes
Globenewswire· 2025-11-06 14:00
Core Points - MannKind Corporation, in partnership with Alfred E. Mann Charities and The Diabetes Link, launched the Centennial Al Mann Scholarship to honor the legacy of its founder Alfred E. Mann, distributing $100,000 in scholarship funds to support young adults living with diabetes pursuing higher education in life sciences [1][2][8] - The scholarship program aims to empower students aged 18-22 with type 1 or type 2 diabetes, providing up to $10,000 per recipient, distributed in annual installments of $2,500 [3][4] - The initiative reflects Alfred E. Mann's commitment to improving human life through medical advancement and philanthropy, continuing his vision of giving back to the community [2][5] Company Overview - MannKind Corporation is a biopharmaceutical company focused on transforming chronic disease care through innovative, patient-centric solutions, particularly in cardiometabolic and orphan lung diseases [6][7] - The company has a history of developing breakthrough medical devices and treatments, including the inhaled insulin product Afrezza, which was brought to market with a significant investment of nearly $1 billion by Alfred E. Mann [5][6] Partnership and Community Impact - The partnership with The Diabetes Link aims to expand access to higher education for young adults with diabetes, addressing the rising costs of college and easing financial burdens [5][12] - The Diabetes Link is a national nonprofit organization dedicated to empowering young adults living with diabetes through peer support and resources, envisioning a future where they thrive in their personal and professional lives [12]
AngioDynamics to Participate in the UBS Global Healthcare Conference
Businesswire· 2025-10-27 20:30
Core Insights - AngioDynamics, Inc. will participate in the UBS Global Healthcare Conference on November 10, 2025, with CEO Jim Clemmer and CFO Stephen Trowbridge presenting [1] - The company's NanoKnife System has been recognized as one of TIME's 2025 Best Inventions, highlighting its innovative impact on healthcare [6] Financial Performance - For the first quarter of fiscal year 2026, AngioDynamics reported net sales of $75.7 million, reflecting a year-over-year growth of 26.1% in the medical technology sector [7]
What You Need To Know Ahead of Boston Scientific's Earnings Release
Yahoo Finance· 2025-10-06 14:09
Core Insights - Boston Scientific Corporation (BSX) has a market capitalization of $144.2 billion and specializes in innovative medical devices across various interventional medical specialties [1] - The company is expected to announce its fiscal Q3 2025 earnings on October 22, with analysts predicting an adjusted EPS of $0.71, reflecting a 12.7% increase from the previous year [2] - For fiscal 2025, the anticipated adjusted EPS is projected to be $2.98, an 18.7% increase from $2.51 in fiscal 2024 [3] Stock Performance - Over the past 52 weeks, BSX shares have increased by 14.5%, underperforming the S&P 500 Index's 17.1% rise but outperforming the Health Care Select Sector SPDR Fund's 4.6% decline [4] - Following the Q2 2025 earnings report, BSX shares surged by 4.5% after announcing an adjusted EPS of $0.75 and revenue of $5.1 billion, along with a raised profit outlook for 2025 [5] Analyst Ratings - The consensus rating for BSX stock is "Strong Buy," with 27 out of 32 analysts recommending this rating, while the average price target is $126.16, indicating a potential upside of 30.5% from current levels [6]
Orchestra BioMed Announces Publication of AVIM Therapy Clinical Data in JACC: Advances Demonstrating Potential to Improve Cardiac Function in Patients with Hypertension and Diastolic Dysfunction
Globenewswire· 2025-08-14 12:00
Core Viewpoint - Orchestra BioMed announced the publication of clinical data demonstrating that AVIM therapy significantly improves cardiac function in patients with hypertension and diastolic dysfunction, which are key contributors to heart failure with preserved ejection fraction (HFpEF) [1][2]. Group 1: Clinical Data and Findings - The publication titled "Effects of AtrioVentricular Interval Modulation (AVIM) Therapy in Subjects with Hypertension and Diastolic Dysfunction" reports a retrospective treatment-blinded analysis of MODERATO II patients [2]. - AVIM therapy significantly reduced systolic blood pressure (SBP) and improved echocardiographic markers of diastolic dysfunction, which is a common comorbidity in patients with isolated systolic hypertension [2][7]. - Key findings include a reduction in office SBP by 12.1±12.8 mmHg and ambulatory SBP by 8.3±9.7 mmHg over six months, both statistically significant (p<0.01 vs baseline) [8]. Group 2: Expert Commentary - Dr. Marat Fudim emphasized the clinical link between long-standing hypertension, diastolic dysfunction, and the development of HFpEF, noting that AVIM therapy may address this unmet medical need by providing sustained blood pressure reductions and improving ventricular compliance [4]. - Dr. Avi Fischer highlighted the potential of AVIM therapy to offer a differentiated, device-based approach for earlier intervention in disease progression, targeting both elevated systolic blood pressure and impaired diastolic function [4]. Group 3: Ongoing Studies and Future Directions - AVIM therapy is currently being evaluated in the BACKBEAT global pivotal study, which aims to support potential U.S. regulatory approval for use in pacemaker-indicated patients with uncontrolled hypertension [4][11]. - The BACKBEAT study will assess the safety and efficacy of AVIM therapy in patients with systolic blood pressure above target despite anti-hypertensive medication [11].
Stryker to announce financial results for its second quarter of fiscal year 2025
GlobeNewswire News Room· 2025-07-01 12:00
Core Points - Stryker will report its financial results for the second quarter of fiscal year 2025 on July 31, 2025 [1] - A press release with summary financial information will be available at approximately 4:05 p.m. ET on the same day [1] - The company will host a webcast at 4:30 p.m. ET to discuss the second quarter results, with an archive available two hours after the live call [2] Company Overview - Stryker is a global leader in medical technologies, focusing on improving healthcare through innovative products and services in MedSurg, Neurotechnology, and Orthopaedics [3] - The company impacts over 150 million patients annually through its offerings [3]
Sanara MedTech(SMTI) - 2025 Q1 - Earnings Call Presentation
2025-06-13 08:55
Company Overview - Sanara MedTech's market capitalization is $2782 million, based on 89 million common shares outstanding as of May 14, 2025, and a share price of $3130[9] - The company's net revenue for the trailing twelve months (TTM) is $916 million, with a net loss of $116 million and an adjusted EBITDA of $30 million[9] - Sanara MedTech operates through two business segments: Sanara Surgical and Tissue Health Plus[9] Sanara Surgical Segment - The relevant surgical solutions market opportunity is $10 billion[7, 13] - Sanara Surgical achieved $867 million in net revenue in 2024, representing a 33% year-over-year growth[23] - The segment has expanded its distribution network to over 350 distributors, a 40% increase year-over-year, and has access to over 4,000 hospital access points, a 33% increase year-over-year[23] Tissue Health Plus Segment - The chronic wound care market represents a $100 billion+ annual expenditure[12, 48] - The Tissue Health Plus segment is targeting a $115-$277 billion total addressable market (TAM) within the Medicare Advantage segment, focusing on 308 million wound patients[52] - The company estimates that 40-66% healing rates for chronic wounds (vs 90%+ potential)[46] Financial Performance - Sanara MedTech's net revenue for Q1 2025 was $234 million, a 26% increase year-over-year compared to $185 million in Q1 2024[56, 57, 72] - Consolidated adjusted EBITDA for Q1 2025 was $07 million, a 111% increase year-over-year[59] - For the full year 2024, Sanara Surgical's adjusted EBITDA increased by 73% year-over-year[62]
Penumbra Introduces the Ruby® XL System - the Longest, Largest, and Softest Coil on the Market for Vascular Embolization
Prnewswire· 2025-06-05 13:00
Core Viewpoint - Penumbra, Inc. has received FDA clearance for the Ruby® XL System, which is the longest, largest, and softest coil available for vascular embolization, aimed at improving procedural efficiency and patient outcomes [1][2]. Product Features - The Ruby XL System includes three innovative technologies: Ruby XL, POD® XL, and Packing Coil XL, all designed for use with a 0.035" diagnostic catheter [2][8]. - Ruby XL coils can achieve sizes up to 40mm and lengths up to 70 cm, providing more volume per coil than any other on the market, potentially leading to cost savings [2][10]. - The POD XL features a hybrid design with three-in-one coil occlusion technology, suitable for high-flow vessels, while Packing Coil XL utilizes liquid metal wave shape technology for dynamic adjustment to vessel sizes [8][10]. Market Position - With the introduction of the Ruby XL System, Penumbra expands its Ruby portfolio, offering one of the most comprehensive embolization product lines available to physicians [3][4]. - The company emphasizes its commitment to innovation in developing technologies for challenging medical conditions, including ischemic stroke and venous thromboembolism [4].