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The Gross Law Firm Notifies DexCom, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline – DXCM
Globenewswire· 2025-11-19 21:45
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of DexCom, Inc. regarding a class action lawsuit alleging misleading statements and undisclosed material changes to the company's glucose monitoring products, G6 and G7, which may have health implications for users [1][3]. Group 1: Allegations - The complaint claims that DexCom made unauthorized design changes to the G6 and G7 glucose monitoring products, which rendered them less reliable and posed health risks to users [3]. - It is alleged that the enhancements to the G7's reliability, accuracy, and functionality were overstated, and the company downplayed the severity of issues related to the G7 devices [3]. - The lawsuit suggests that these actions increased the risk of regulatory scrutiny and could lead to significant legal, reputational, and financial harm for DexCom [3]. Group 2: Class Action Details - The class period for the lawsuit is defined as January 8, 2024, to September 17, 2025, with a deadline for shareholders to register as lead plaintiffs by December 26, 2025 [3][4]. - Shareholders who register will receive updates on the case's progress through a portfolio monitoring software, and participation in the case incurs no cost or obligation [4]. Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and illegal business practices [5]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who have suffered losses due to misleading statements or omissions [5].
InspireMD to Participate in Upcoming Piper Sandler 37th Annual Healthcare Conference
Globenewswire· 2025-11-19 21:42
Core Viewpoint - InspireMD, Inc. is set to participate in a fireside discussion at the Piper Sandler 37th Annual Healthcare Conference on December 3rd, 2025, highlighting its focus on carotid stenting technology aimed at stroke prevention [1]. Company Overview - InspireMD, Inc. develops the CGuard® Prime carotid stent system, utilizing proprietary MicroNet™ mesh technology to establish its products as the industry standard for carotid stenting [2]. - The company aims to deliver exceptional acute results and long-term outcomes that are stroke-free, emphasizing its commitment to innovation in the healthcare sector [2]. - InspireMD's common stock is traded on Nasdaq under the ticker symbol NSPR, and the company actively shares important investor information on its website [2].
The Gross Law Firm Announces the Filing of a Securities Class Action on Behalf of Baxter International, Inc. (BAX) Shareholders
Globenewswire· 2025-11-19 21:40
Core Viewpoint - Baxter International, Inc. is facing a class action lawsuit due to allegations of issuing false and misleading statements regarding the safety and efficacy of its Novum LVP product, which has been linked to serious malfunctions and patient risks [3][4]. Summary by Sections Allegations - The complaint claims that Baxter's Novum LVP product had systemic defects leading to malfunctions such as underinfusion, overinfusion, and non-delivery of fluids, posing risks of serious injury or death to patients [3]. - Baxter was reportedly aware of multiple device malfunctions, injuries, and deaths related to these defects [3]. - The company's attempts to address these issues through customer alerts were deemed inadequate, as design flaws persisted [3]. - There was an increased risk that customers would be advised to take existing Novum LVPs out of service, and Baxter might halt all new sales of these pumps [3]. - Baxter's statements regarding the safety, efficacy, product rollout, customer feedback, and sales prospects of the Novum LVPs were characterized as materially false and misleading [3]. Class Action Details - The class period for the lawsuit is defined as February 23, 2022, to July 30, 2025 [3]. - Shareholders are encouraged to register for the class action by December 15, 2025, to potentially become lead plaintiffs [4]. - There is no cost or obligation for shareholders to participate in the case [4]. Law Firm Information - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and fraud [5]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [5].
The Gross Law Firm Reminds Inspire Medical Systems, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of January 5, 2026 – INSP
Globenewswire· 2025-11-19 21:38
Core Viewpoint - Inspire Medical Systems, Inc. is facing a class action lawsuit due to allegations of false statements regarding the launch of its new product, Inspire V, which reportedly failed to meet demand and lacked necessary preparations for a successful rollout [3][4]. Group 1: Allegations and Issues - The complaint alleges that the launch of Inspire V was poorly executed, with significant surplus inventory and reluctance from providers to adopt the new treatment [3]. - Defendants are accused of making misleading statements about the launch's success, despite failing to complete essential tasks such as training for treatment center customers and setting up necessary IT systems [3]. - Critical issues included the lack of updated claims processing software and the absence of Medicare reimbursement at the time of the product launch [3]. Group 2: Class Action Details - The class period for the lawsuit is defined as August 6, 2024, to August 4, 2025, with a deadline for shareholders to register as lead plaintiffs by January 5, 2026 [4]. - Shareholders who purchased shares during the specified timeframe are encouraged to register for the class action, which includes portfolio monitoring for case updates [4]. - Participation in the case does not incur any costs or obligations for the shareholders [4].
S&P 500 Snaps Four-Day Losing Streak Ahead of Nvidia Earnings | Closing Bell
Youtube· 2025-11-19 21:32
Company Performance - Nvidia's stock is currently trading at approximately $86 per share, with a price target of $270 over the next 12 months, indicating a significant potential upside [2][3] - Lowe's reported a profit that exceeded expectations, driven by consumer spending on home renovations, and adjusted its full year profit target to approximately $2.25 per share [9] - Alphabet's shares increased by about 3% during the session, bolstered by positive reviews for its newly released Gemini AI model, contributing to a 55% rise in shares this year [13][15] Market Overview - The Dow Jones Industrial Average rose by 41 points, or roughly 0.1%, while the S&P 500 added about 25 points, or 0.4%, and the Nasdaq indices were up approximately 0.6% [6] - The S&P 500 saw 305 names decline, while 194 gained ground, with technology sector participation up by about 0.9% [7][8] Sector Performance - Energy sector stocks declined by 1.3%, while utilities and real estate also underperformed [8] - Eversource Energy shares fell by more than 12% after regulators denied its request to sell its subsidiary, raising concerns about potential household bill increases [18] M&A Activity - Abbott Laboratories' shares fell by 3% following reports of a potential acquisition of Exact Sciences Corp, which saw its shares rise by 23.7% [22][23] Regulatory Environment - The U.S. government is pushing Congress to remove provisions from a defense spending bill that would restrict chip exports, impacting companies' ability to sell high-end chips to China [25][29]
Penumbra, Inc. to Present at the Piper Sandler 37th Annual Healthcare Conference
Prnewswire· 2025-11-19 21:30
Core Insights - Penumbra, Inc. is scheduled to present at the Piper Sandler 37th Annual Healthcare Conference on December 3, 2025, at 8:00 am ET [1] - The company is recognized as the world's leading thrombectomy company, focusing on innovative technologies for medical conditions such as ischemic stroke and venous thromboembolism [2] Company Overview - Penumbra, Inc. specializes in developing advanced technologies for challenging medical conditions, including ischemic stroke and acute limb ischemia [2] - The company's portfolio includes computer-assisted vacuum thrombectomy (CAVT), aimed at efficiently removing blood clots [2] - Penumbra operates in over 100 countries, supporting healthcare providers to enhance patient outcomes and quality of life [2] Upcoming Events - The presentation at the Piper Sandler conference will be accessible via a webcast on the company's website, available for at least two weeks post-event [1]
Exact Sciences Stock Jumps on Reported Deal Interest From Abbott Laboratories
Barrons· 2025-11-19 21:27
Core Insights - Abbott Laboratories is reportedly nearing a deal to acquire another company [1] Company Summary - Abbott Laboratories is a conglomerate involved in various sectors, indicating a strategic move to expand its portfolio through acquisitions [1]
Vivos Therapeutics Reports Significant Revenue Growth During the Third Quarter 2025
Globenewswire· 2025-11-19 21:20
Core Insights - Vivos Therapeutics reported a 78% sequential revenue growth in Q3 2025, driven by the first full quarter of operations from the Sleep Center of Nevada acquisition, with a year-over-year revenue increase of 76% [2][4] - The strategic pivot from a dental distribution model to direct affiliations and acquisitions of medical sleep practices is yielding positive results, as evidenced by the revenue contributions from the Sleep Center of Nevada [2][4] - The company is optimistic about growth potential in the Las Vegas area and plans to expand its model into other major markets [2][6] Financial Performance - Q3 2025 revenue reached $6.8 million, up from $3.9 million in Q3 2024, while revenue for the nine months ended September 30, 2025, was $13.6 million compared to $11.3 million in the same period of 2024 [4][23] - Gross profit for Q3 2025 was $3.9 million, reflecting an increase from $2.3 million in Q3 2024, with gross margins at 58% compared to 60% in the previous year [4][11] - Operating expenses rose to $8.7 million in Q3 2025, a 74% increase from $5.0 million in Q3 2024, primarily due to increased headcount and expenses related to the SCN acquisition [11][23] Strategic Initiatives - The acquisition of the Sleep Center of Nevada has introduced new revenue streams, contributing $2.2 million in diagnostic sleep testing revenue and $1.3 million in treatment center revenue during Q3 2025 [4][23] - Vivos is implementing an updated sleep practice affiliation model to collaborate with sleep centers that prefer not to be acquired, allowing them to offer Vivos' diagnostic and treatment options [5][6] - The company is actively seeking similar management agreements in other major markets to expand its reach and service offerings [6] Market Outlook - Vivos anticipates significant local market growth potential in Las Vegas, with patient bookings extending into February 2026 as they work to enhance operations and capacity [2][4] - The company plans to continue adding new sleep optimization teams in 2026, which is expected to reduce cash burn and pave the way for profitable operations [3][11]
Meihua International Announces 1-For-100 Reverse Share Split
Globenewswire· 2025-11-19 21:05
Core Points - Meihua International Medical Technologies Co., Ltd. announced a reverse share split at a ratio of 1-for-100, effective November 24, 2025, to comply with Nasdaq's minimum bid price requirement of $1.00 per share [1][2][4] Group 1: Reverse Share Split Details - The reverse share split will change the par value of Class A ordinary shares from $0.0005 to $0.05 per share [2] - The number of issued and outstanding Class A ordinary shares will decrease from approximately 56 million to approximately 0.56 million [4] - No fractional shares will be issued; fractional interests will be rounded up to the nearest whole number [3] Group 2: Shareholder Information - VStock Transfer, LLC is designated as the exchange agent and will provide instructions to shareholders regarding the exchange of share certificates [5][6] - Shareholders holding shares in book-entry form or brokerage accounts do not need to take any action for the reverse share split [5] Group 3: Company Overview - Meihua is a manufacturer of Class I, II, and III disposable medical devices, with over 1,000 products for domestic sales and more than 120 products exported to over 30 countries [7] - The company has received international "CE" certification and ISO 13485 system certification, and is registered with the FDA for over 20 Class I products [7]
Ceribell to Participate in the Piper Sandler 37th Annual Healthcare Conference
Globenewswire· 2025-11-19 21:05
Core Insights - CeriBell, Inc. is focused on transforming the diagnosis and management of serious neurological conditions [3] - The company will present at the Piper Sandler 37 Annual Healthcare Conference on December 3, 2025 [2] Company Overview - CeriBell has developed the Ceribell System, a point-of-care electroencephalography (EEG) platform designed for acute care settings [3] - The Ceribell System combines portable hardware with AI-powered algorithms for rapid diagnosis and continuous monitoring of neurological conditions [3] - The system is FDA-cleared for detecting suspected seizure activity and is currently used in intensive care units and emergency rooms across the U.S. [3] - CeriBell is headquartered in Sunnyvale, California [3]