Workflow
Medical Technology
icon
Search documents
Medtronic announces appointment of MiniMed chief financial officer ahead of intended separation into standalone company
Prnewswire· 2025-07-08 12:45
Core Viewpoint - Medtronic plc has appointed Chad Spooner as the chief financial officer (CFO) of MiniMed, ahead of its planned separation into a standalone public company, effective July 14, 2025 [1][5]. Company Overview - Medtronic is a global leader in healthcare technology, headquartered in Galway, Ireland, with a mission to alleviate pain, restore health, and extend life [8]. - The company employs over 95,000 people across more than 150 countries and addresses 70 health conditions through various technologies and therapies [8]. Leadership Appointment - Chad Spooner brings over 25 years of financial leadership experience in healthcare, consumer, and industrial sectors, previously serving as CFO at BIC and holding senior finance roles at General Electric and other companies [2][4]. - His appointment is seen as crucial for driving transformation and growth as MiniMed prepares for independence [3][4]. MiniMed Separation - Medtronic announced that MiniMed will be the name of the new standalone company, honoring its 40-year legacy in diabetes care [3]. - The separation is expected to be completed within 18 months of the initial announcement, subject to customary conditions and legal requirements [5]. Mission and Vision - MiniMed's mission is to make diabetes management more predictable, enhancing the lives of individuals with diabetes through advanced technology and support [7].
iCAD Announces Proxy Advisory Firms ISS and Glass Lewis Recommend Stockholders Vote “FOR” Proposed Acquisition by RadNet, Inc.
Globenewswire· 2025-07-08 12:00
Core Viewpoint - iCAD, Inc. is set to be acquired by RadNet, Inc. in an all-stock transaction, with independent proxy advisory firms recommending stockholders vote "FOR" the acquisition [1][3][4] Group 1: Acquisition Details - The acquisition aims to enhance the deployment of iCAD's ProFound AI breast health solutions within RadNet's DeepHealth portfolio, thereby improving access to early breast cancer detection [2] - The transaction has been reviewed by ISS and Glass Lewis, who concluded it is in the best interests of iCAD stockholders, citing a reasonable review of alternatives and the implied premium [3] Group 2: Board Recommendations - iCAD's Board of Directors unanimously recommends that stockholders vote "FOR" the merger and related matters at the upcoming Special Meeting [4] Group 3: Voting Information - Stockholders of record as of May 16, 2025, are eligible to vote, with instructions provided in the Proxy Statement [4]
Inspira in High-Level Government Talks to Advance National Integration of the ART100 and Establish a Global Distribution Framework
Globenewswire· 2025-07-07 12:50
Core Insights - Inspira Technologies is engaged in high-level discussions with a government health authority outside the U.S. to integrate its FDA-cleared ART100 system into national emergency infrastructure and establish a global distribution framework [1][2][5] - The meeting scheduled for July 8, 2025, aims to define key terms and a roadmap for this strategic collaboration, initiated by the government seeking next-generation medical technologies [2][3] - The government involved has extensive commercial ties and diplomatic channels, which will be leveraged to enhance the profitability of a recent $22.5 million purchase order received by Inspira [3][4] Company Overview - Inspira Technologies specializes in advanced respiratory support and real-time blood monitoring solutions, with its ART100 system approved for cardiopulmonary bypass in the U.S. and ECMO procedures outside the U.S. [6] - The company is also developing the INSPIRA ART500, a next-generation system for oxygenation while patients remain awake, and advancing the HYLA blood sensor platform for continuous, non-invasive monitoring [6] - Recent internal shifts within the company may align with broader industry trends such as consolidation, cross-sector collaboration, and potential strategic partnerships [6]
CapsoVision Announces Pricing of Initial Public Offering
Globenewswire· 2025-07-02 01:08
Core Points - CapsoVision, Inc. has announced the pricing of its initial public offering (IPO) of 5,500,000 shares at $5.00 per share, with trading expected to begin on July 2, 2025 [1] - The offering is projected to generate gross proceeds of approximately $27.5 million before deducting underwriting discounts and commissions [2] - The company has granted underwriters a 30-day option to purchase an additional 825,000 shares at the IPO price [2] Company Overview - CapsoVision is a commercial-stage medical technology company focused on advanced imaging and AI technologies for capsule endoscopy solutions [1][4] - The flagship product, CapsoCam Plus®, is a wire-free capsule endoscope that provides high-resolution visualization of the small bowel [4] - The upcoming product, CapsoCam Colon, aims to facilitate non-invasive colon imaging and polyp detection, with plans to expand across various gastrointestinal indications [4]
Resmed to Report Fourth Quarter Fiscal 2025 Earnings on July 31, 2025
Globenewswire· 2025-07-01 20:05
Company Overview - Resmed is set to release its financial and operational results for the fourth quarter of fiscal year 2025 on July 31, 2025, after the NYSE closes [1] - The company is dedicated to creating innovative health technologies that enhance the quality of life for individuals in 140 countries [2] - Resmed's vision includes empowering people to achieve better sleep and breathing through personalized home healthcare solutions [2] Earnings Webcast Details - Following the earnings release, Resmed management will host a webcast to discuss the results and other forward-looking information [1] - The earnings webcast will be accessible via a specific link, with no outside phone lines used for access [1] - A replay of the webcast will be available on Resmed's investor relations website approximately two hours after the live event [2] Contact Information - For investor inquiries, Resmed provides a dedicated contact number and email [3] - Media inquiries can also be directed to a specific contact number and email [3] - Additional details regarding the webcast timing and international access are provided [3][4]
Boston Scientific announces conference call discussing second quarter 2025 results
Prnewswire· 2025-07-01 12:00
Core Viewpoint - Boston Scientific Corporation will host a conference call to discuss its financial results and business highlights for the second quarter of 2025 on July 23, 2025 [1] Group 1: Financial Results Announcement - The conference call will take place at 8:00 a.m. ET and will be led by the CEO Mike Mahoney and CFO Jon Monson [1] - A news release with the financial results will be issued prior to the conference call on the same day [1] Group 2: Webcast Information - A live webcast and replay of the event will be available at the company's investor relations website [2] - The replay will be accessible approximately one hour after the event concludes [2] Group 3: Company Overview - Boston Scientific is a global leader in medical technology, focusing on innovative solutions that improve patient health [3] - The company has been advancing medical science for over 45 years, providing a wide range of devices and therapies for various complex diseases [3]
3 Safe Buy-and-Hold Dividend Stocks With Strong Balance Sheets
MarketBeat· 2025-07-01 11:02
Core Insights - Dividend yield is a key metric for identifying dividend stocks, reflecting the amount of a company's dividend as a percentage of its stock price, which can fluctuate daily [1] - A strong balance sheet, indicated by a low debt-to-equity ratio, is essential for long-term dividend sustainability [2][3] Company Summaries Costco - Costco has a dividend yield of 0.53% with an annual dividend of $5.20 and a 22-year track record of dividend increases [5] - The company has delivered a total return of over 266% over the past five years, with a debt-to-equity ratio of 0.21%, indicating strong financial health [6] - Investors should focus on the 12.7% average dividend growth over the last three years rather than the current yield [7] Archer-Daniels-Midland (ADM) - ADM boasts a dividend yield of 3.86% with an annual dividend of $2.04 and a 53-year history of dividend increases [8] - The company's debt-to-equity ratio stands at 0.34%, suggesting a stable dividend outlook [8] - However, ADM's growth is closely tied to commodity prices, which are cyclical, making it less defensive compared to consumer staples [9] Medtronic - Medtronic has a dividend yield of 3.26% with an annual dividend of $2.84 and a 49-year history of dividend increases [11] - The company is well-positioned in the aging population market and in AI and machine learning, with a debt-to-equity ratio of around 0.53% [12][13] - Despite its potential, Medtronic is not currently highlighted as a top buy by analysts, indicating some caution among investors [14]
Microbot Medical® Added to the Russell Microcap® Index
Globenewswire· 2025-06-30 12:30
Core Insights - Microbot Medical Inc. has been added to the Russell Microcap Index, effective June 30, 2025, enhancing its visibility in the market [1][2] - The inclusion reflects the company's strong execution and momentum, particularly in relation to its LIBERTY Endovascular Robotic System and ongoing FDA interactions [2] - The Russell US Indexes reconstitution captures the 4,000 largest US stocks, and membership in the Russell Microcap Index ensures automatic inclusion in relevant growth and value style indexes [2][3] Company Overview - Microbot Medical is a pre-commercial stage medical technology company focused on redefining endovascular robotics to improve patient care globally [4] - The company has developed the world's first single-use, fully disposable endovascular robotic system, aiming to overcome traditional barriers to advanced robotic systems [4] Market Context - Russell indexes are widely utilized by investment managers and institutional investors, serving as benchmarks for approximately $10.6 trillion in assets as of June 2024 [3]
Gentherm Expands Strategic Partnership with DUOMED to Enhance Distribution Across Europe
Globenewswire· 2025-06-27 12:00
Core Insights - Gentherm expands its partnership with DUOMED into France, enhancing patient temperature management technologies across Europe [1][2] - DUOMED will distribute Gentherm's full patient temperature management portfolio, including the Astopad and Vytil-branded systems [2] - The partnership aims to leverage DUOMED's strong presence and relationships in Europe to improve healthcare delivery [3][4] Company Overview - Gentherm is a global leader in thermal management and pneumatic comfort technologies, with a diverse product range in automotive and medical sectors [5] - In 2024, Gentherm reported annual sales of approximately $1.5 billion and secured $2.4 billion in new automotive business awards [5] - DUOMED, part of the Palex group, specializes in medical technology sales, consultancy, and support, focusing on high-quality solutions for healthcare professionals [6] Product Insights - The Astopad resistive warming system and Vytil-branded convective warming system are key offerings in the partnership [2] - Early feedback from French clinicians indicates a preference for Vytil blankets due to their superior quality compared to competitors [4] - Vytil products are recognized for their quality, safety, and value, with a focus on usability and innovation [7]
Global Healthcare Technology Leader Selects Kneat
Globenewswire· 2025-06-26 21:09
Core Insights - Kneat.com, inc. has signed a multi-year Master Services Agreement with a leading healthcare technology and diagnostics company to digitize and automate validation and quality processes [1][2] - The healthcare technology company employs over 50,000 people and operates manufacturing facilities in more than a dozen countries [2] - The agreement will initially focus on digitizing Commissioning, Qualification, and Validation workflows at several key manufacturing sites [2][3] Industry Trends - The trend towards digital validation in the life sciences sector is accelerating, with 93% of organizations either using or planning to use digital validation, up from 86% in 2024 [3] - Digital validation is recognized for delivering speed to market, scalable compliance, and a foundation for future automation and AI innovations [3] Company Performance - Kneat Solutions is noted for its efficiency in validation and compliance through its digital validation platform, Kneat Gx, which is fully certified and compliant with industry standards [4] - Customer studies indicate that Kneat Gx can reduce documentation cycle times by up to 40% and speed to market by up to 20% [4]