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Distalmotion secures $150m to expand robotic surgery system in US
Yahoo Finance· 2025-11-19 09:48
Distalmotion has closed a Series G funding round totalling $150m to expedite the expansion of its soft tissue robotic surgery system, DEXTER, in the US. The funds will also be directed to support product and clinical development efforts that are currently underway. The round was spearheaded by Revival Healthcare Capital, with participation from inside investors. A central aspect of Distalmotion’s strategy is to target the Ambulatory Surgery Center (ASC) segment in the US. DEXTER has already been in cli ...
ROSEN, REGARDED INVESTOR COUNSEL, Encourages Baxter International Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - BAX
Newsfile· 2025-11-19 03:44
Core Viewpoint - Rosen Law Firm is encouraging investors of Baxter International Inc. to secure legal counsel before the December 15, 2025 deadline for a securities class action related to the company's stock performance during the specified class period [2][3]. Group 1: Class Action Details - Investors who purchased Baxter common stock between February 23, 2022, and July 30, 2025, may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [3]. - The lawsuit alleges that Baxter misled investors by failing to disclose systemic defects in the Novum IQ Large Volume Pump, which led to serious risks for patients [6]. - Specific claims include that Baxter was aware of multiple malfunctions and injuries related to the Novum LVP, and that their remedial measures were inadequate [6]. Group 2: Legal Representation - Investors are advised to select qualified legal counsel with a proven track record in securities class actions, as many firms may not have the necessary experience or resources [5]. - Rosen Law Firm has a history of successful settlements in securities class actions, including a notable settlement against a Chinese company and significant recoveries for investors in recent years [5]. - The firm has been recognized for its performance in the field, being ranked highly for the number of securities class action settlements [5].
ROSEN, SKILLED INVESTOR COUNSEL, Encourages Inspire Medical Systems, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - INSP
Newsfile· 2025-11-19 00:36
Core Viewpoint - Rosen Law Firm is encouraging investors of Inspire Medical Systems, Inc. to secure legal counsel before the January 5, 2026 deadline for a securities class action lawsuit related to the company's stock performance during the specified class period [2][4]. Group 1: Class Action Details - The class period for the lawsuit is from August 6, 2024, to August 4, 2025, during which investors may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [3][6]. - A class action lawsuit has already been filed, and investors wishing to serve as lead plaintiffs must act by January 5, 2026 [4][8]. Group 2: Allegations Against Inspire Medical - The lawsuit alleges that Inspire Medical misrepresented and failed to disclose critical information regarding the Inspire V sleep apnea device, including its market demand and the necessary steps for its launch [6]. - Defendants are accused of issuing materially false and misleading statements that led investors to believe in strong demand for the Inspire V device, resulting in investor damages when the true situation was revealed [6]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest securities class action settlement against a Chinese company [5]. - The firm has been consistently ranked among the top firms for securities class action settlements and has recovered hundreds of millions of dollars for investors [5].
ROSEN, A GLOBAL AND LEADING LAW FIRM, Encourages DexCom, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - DXCM
Newsfile· 2025-11-19 00:29
Core Viewpoint - Rosen Law Firm is encouraging investors of DexCom, Inc. to secure legal counsel before the December 29, 2025 deadline for a class action lawsuit related to securities purchased between July 26, 2024, and September 17, 2025 [2][3]. Group 1: Class Action Details - Investors who purchased DexCom securities during the specified Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [3]. - The lawsuit alleges that DexCom made unauthorized design changes to its G6 and G7 continuous glucose monitoring systems, which rendered them less reliable and posed health risks to users [6]. - The defendants are accused of making false statements regarding the reliability and functionality of the G6 and G7 devices, leading to increased regulatory scrutiny and potential financial harm [6]. Group 2: Legal Representation - Investors are advised to select qualified legal counsel with a proven track record in securities class actions, as many firms may not have the necessary experience or resources [5]. - Rosen Law Firm has a history of successful settlements in securities class actions, having recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone [5]. - The firm has been recognized for its leadership in securities class action settlements, ranking No. 1 in 2017 and consistently in the top 4 since 2013 [5].
Merit Medical Systems: A Better Setup Here (NASDAQ:MMSI)
Seeking Alpha· 2025-11-18 22:32
Core Insights - Merit Medical Systems, Inc. (MMSI) is identified as a quality business with strong organic growth and positive clinical trial results, indicating potential investment opportunities [1]. Group 1: Company Performance - MMSI has demonstrated robust organic growth, which is a positive indicator for its future performance [1]. - The company has achieved favorable outcomes in clinical trials, further enhancing its investment appeal [1]. Group 2: Investment Opportunities - The service "Value in Corporate Events" focuses on major corporate events such as earnings reports, M&A, and IPOs, providing actionable investment ideas [1]. - The investment group covers approximately 10 major events monthly, aiming to identify the best opportunities for investors [1].
Stocks Slide as Tech Weakens Ahead of Nvidia Earnings | Closing Bell
Youtube· 2025-11-18 21:44
And right now we are 2 minutes away from the end of the trading day. Romaine Bostick alongside Katie Greifeld, taking you through to that closing bell with a global simulcast. It starts now.Carol Massar, Tim Stenovec joined us from the radio booth. Welcome to our audiences across all of our Bloomberg platforms, including our partnership with YouTube. A very consequential day in markets on a very consequential week.A big focus on earnings, a big focus on geopolitics in Washington, and of course, a big focus ...
Medtronic Raises Guidance After Posting Earnings and Revenue Above Estimates
Financial Modeling Prep· 2025-11-18 21:33
Core Insights - Medtronic plc reported second-quarter fiscal 2026 results that exceeded analyst expectations, leading to a more than 4% increase in share price intra-day [1] - The company raised its full-year outlook, driven by strong performance in its cardiovascular division [1] Financial Performance - Adjusted EPS for the quarter was $1.36, surpassing the consensus estimate of $1.31 [1] - Total revenue reached $9 billion, exceeding expectations of $8.87 billion, marking a 6.6% year-over-year increase, or 5.5% on an organic basis [1] Cardiovascular Division - The Cardiovascular Portfolio was the primary driver of growth, reporting a 10.8% revenue increase [2] - Revenue from Cardiac Ablation Solutions surged by 71%, with a remarkable 128% growth in the U.S., attributed to high demand for pulsed field ablation products [2] - This performance represented the strongest cardiovascular revenue results in over a decade, excluding pandemic-related distortions [2] Future Outlook - Based on first-half momentum, Medtronic raised its fiscal 2026 organic revenue growth forecast to approximately 5.5%, up from the previous estimate of 5.0% [3] - The company also increased its full-year adjusted EPS guidance to a range of $5.62–$5.66, compared to the prior range of $5.60–$5.66, aligning with analyst consensus [3]
Baxter International, Inc. (BAX) Class Action Lawsuit: Levi & Korsinsky Reminds Investors of December 15, 2025 Deadline
Newsfile· 2025-11-18 21:26
Core Viewpoint - A class action securities lawsuit has been filed against Baxter International, Inc. to recover losses incurred by shareholders due to alleged securities fraud between February 23, 2022, and July 30, 2025 [2][4]. Group 1: Lawsuit Details - The lawsuit alleges that Baxter's Novum LVP product had systemic defects leading to malfunctions such as underinfusion, overinfusion, and non-delivery of fluids, posing serious risks to patients [3]. - It is claimed that Baxter was aware of multiple device malfunctions, injuries, and deaths related to these defects [3]. - Baxter's attempts to address these issues through customer alerts were deemed inadequate, as design flaws persisted and continued to harm patients [3]. - The lawsuit suggests that there was an increased risk of customers being instructed to take Novum LVPs out of service and that Baxter would 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 allegedly materially false and misleading [3]. Group 2: Next Steps for Affected Shareholders - Shareholders who suffered losses during the specified timeframe are encouraged to learn about their rights to seek recovery, with no cost or obligation to participate [4]. Group 3: Legal Representation - Levi & Korsinsky LLP is highlighted as a nationally-recognized securities litigation firm with a strong track record in securing recoveries for shareholders [5]. - The firm has been ranked among the top securities litigation firms in the United States for seven consecutive years [5].
Profound Medical Celebrates The Hong Center’s 200th Independent TULSA Procedure for Prostate Disease
Globenewswire· 2025-11-18 21:15
Core Insights - Dr. Y. Mark Hong has achieved a significant milestone by performing 200 TULSA Procedures™ independently, establishing a new model for MRI-guided prostate therapy [1][2][3] - The TULSA Procedure utilizes Profound Medical's TULSA-PRO system, which is AI-powered and allows for precise ablation of prostate tissue while preserving surrounding structures [2][6] - The TULSA Procedure is a non-invasive treatment option that has shown high success rates, rapid recovery, and minimal complications, positioning it as a potential first-line treatment for prostate cancer [4][7] Company Overview - Profound Medical Corp. is a commercial-stage medical device company focused on developing AI-powered, MRI-guided, incision-free therapies for tissue ablation [5] - The TULSA-PRO system combines real-time MRI, AI-enhanced planning, and robotic ultrasound technology, making it a unique offering in the prostate treatment market [6] - Profound is also exploring additional markets for its Sonalleve platform, which is CE marked and FDA approved for various non-invasive treatments [8]
Profound Medical Celebrates The Hong Center's 200th Independent TULSA Procedure for Prostate Disease
Globenewswire· 2025-11-18 21:15
Core Insights - Profound Medical Corp. has achieved a significant milestone with the TULSA Procedure, marking the first 200 procedures performed independently by a urologist without radiologist involvement, establishing a new model for MRI-guided prostate therapy [1][2][3] Company Overview - Profound Medical Corp. is a commercial-stage medical device company focused on developing and marketing AI-powered, MRI-guided, incision-free therapies for the ablation of diseased tissue [5][6] - The company is commercializing the TULSA-PRO® system, which combines real-time MRI, AI-enhanced planning, and robotically-driven ultrasound for precise prostate treatment [6][7] TULSA Procedure Details - The TULSA Procedure is a clinically proven treatment for prostate disease that utilizes robotically controlled ultrasound to ablate prostate tissue while preserving surrounding structures [2][6] - This procedure is performed in a single session, takes a few hours, and does not require hospitalization, with most patients reporting quick recovery [6][7] - The TULSA Procedure is designed to treat a wide range of prostate conditions, including low-, intermediate-, and high-risk prostate cancer, benign prostatic hyperplasia (BPH), and salvage therapy for radio-recurrent localized prostate cancer [6][8] Clinical Impact - Dr. Y. Mark Hong's independent execution of the TULSA Procedure demonstrates that urologists can safely perform the entire procedure, achieving excellent outcomes without the need for radiologist collaboration [2][3] - The procedure has shown to result in high cure rates, rapid recovery, and preservation of urinary and sexual function, with no procedural blood loss [3][4] Future Outlook - Dr. Hong believes that the TULSA Procedure represents the future of prostate disease treatment and may eventually replace radical prostatectomy as the first-line option for prostate cancer [4]