Medical Devices
Search documents
Wall Street Analysts See a 26.42% Upside in West Pharmaceutical (WST): Can the Stock Really Move This High?
ZACKS· 2026-01-13 15:55
Core Viewpoint - West Pharmaceutical Services (WST) shares have shown a modest gain of 0.4% recently, closing at $272.91, with analysts suggesting a potential upside of 26.4% based on a mean price target of $345 [1][4]. Price Targets and Analyst Estimates - The mean estimate consists of 14 short-term price targets, with a standard deviation of $28.55, indicating variability among analysts [2]. - The lowest estimate is $285.00, suggesting a 4.4% increase, while the highest estimate is $390.00, indicating a potential surge of 42.9% [2]. - A low standard deviation signifies a strong consensus among analysts regarding the stock's price direction [9]. Earnings Estimates and Analyst Optimism - Analysts are increasingly optimistic about WST's earnings, as indicated by upward revisions in earnings estimates, which historically correlate with stock price movements [11]. - Over the past 30 days, one estimate has increased, leading to a 0.3% rise in the Zacks Consensus Estimate for the current year [12]. - WST holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate factors, suggesting strong potential for upside [13]. Conclusion on Price Targets - While the consensus price target may not be a reliable predictor of the stock's exact gains, it does provide a useful indication of the expected price movement direction [14].
Waters Corporation expands into biosciences and diagnostics
Yahoo Finance· 2026-01-13 15:18
Core Insights - Waters Corporation is acquiring Becton Dickinson's Biosciences and Diagnostic Solutions business to enhance its growth profile and expand its exposure to biologics, diagnostics, and regulated laboratory workflows [1] - The acquisition is expected to drive above-market growth and margin expansion over the coming years, as detailed at the JP Morgan Healthcare Conference [2] Financial Overview - BD's biosciences and diagnostic solutions unit is valued at approximately $3.3 billion, with an annual growth rate of roughly 5% from 2019 to 2024, and about 80% of its revenue is recurring [3] - Waters anticipates around $200 million in cost synergies within three years post-acquisition, with potential to exceed $300 million based on historical integrations [5] Strategic Rationale - The acquisition aligns with Waters' strategy to shift towards faster-growing and more defensible end markets, complementing its core strengths in analytical science [4] - The integration of BD's infrastructure is expected to enhance Waters' diagnostics strategy and expand its reach in therapeutic drug monitoring and clinical applications [4] Synergy Opportunities - Revenue synergies are projected from commercial execution, expansion into higher-growth adjacencies, and cross-selling, with high-growth adjacencies expected to generate about $150 million in incremental revenue by year five [6]
Conavi Medical Corp. Announces Closing of $12M Public Offering
Globenewswire· 2026-01-13 14:05
Core Viewpoint - Conavi Medical Corp. has successfully closed an equity offering, raising approximately $12 million to support the commercialization of its Novasight Hybrid system and other corporate purposes [1][2][4]. Group 1: Offering Details - The equity offering generated gross proceeds of approximately $12 million, with subscribers purchasing 26,666,670 common shares at a price of $0.45 per share [1][3]. - The proceeds will be utilized for obtaining US FDA 510(k) clearance for the Novasight Hybrid system and initiating a targeted market release in the United States, along with working capital and general corporate purposes [2][4]. Group 2: Company Background - Conavi Medical focuses on designing, manufacturing, and marketing imaging technologies for minimally invasive cardiovascular procedures, with its Novasight Hybrid system being the first to combine intravascular ultrasound (IVUS) and optical coherence tomography (OCT) [7]. - The first-generation Novasight Hybrid system has already received 510(k) regulatory clearance in the U.S., Canada, China, and Japan [7]. Group 3: Agent and Compensation - Bloom Burton Securities Inc. acted as the sole agent for the offering, receiving a total cash commission of approximately $701,479.49 and 1,558,843 compensation options, each allowing the purchase of one common share at $0.45 until January 13, 2028 [3][6].
Impulse Dynamics® Announces New Chief Financial Officer
Globenewswire· 2026-01-13 14:00
MARLTON, N.J., Jan. 13, 2026 (GLOBE NEWSWIRE) -- Impulse Dynamics®, a global medical device company committed to improving the lives of people with heart failure (HF), announced today the appointment of Richard J. Buchholz as its new Chief Financial Officer (CFO), effective March 2, 2026. “Rick is an accomplished executive with a proven track record in the medical device industry,” said Jason Spees, Chief Executive Officer at Impulse Dynamics®. “I am thrilled to welcome Rick to the Impulse Dynamics® team at ...
Picard / SynCardia Featured on the Cruxx of MedTech Podcast
Globenewswire· 2026-01-13 14:00
Core Insights - Picard Medical, Inc. has launched the Cruxx to MedTech Podcast, focusing on the SynCardia Total Artificial Heart (STAH) and the next-generation fully implantable Emperor device, highlighting patient experiences and management perspectives [1][2]. Company Overview - Picard Medical is the parent company of SynCardia Systems, which is the only provider of commercially available total artificial heart technology for patients with end-stage heart failure [4]. - The SynCardia Total Artificial Heart (STAH) is the first artificial heart approved by both the U.S. FDA and Health Canada, and it remains the only commercially available artificial heart in the U.S. and Canada [4]. - Over 2,100 implants of the STAH have been performed across 27 countries, making it the most widely used and studied artificial heart globally [4]. Product Differentiation and Market Opportunity - The podcast emphasizes the unique advantages of the STAH compared to other heart failure treatments and outlines the company's vision to provide a viable alternative to heart transplantation [2]. - The management of Picard Medical highlights the significant commercial opportunity arising from the global shortage of donor hearts, positioning the STAH as a critical solution for patients in need [2].
Dror Secures Israeli Regulatory Approval to Market and Sell Its Next Generation Smile Correction Solution
Globenewswire· 2026-01-13 14:00
AMAR regulatory approval will allow the Company to launch ZSmile in Israel in 2026 as a precursor to a larger product launch in the US and EuropeJERUSALEM, Jan. 13, 2026 (GLOBE NEWSWIRE) -- Dror Ortho-Design, Inc. ("Dror" or the "Company") (OTC PINK: DROR), a pioneer in AI-powered orthodontic solutions, today announced that its second-generation ZSmile platform has received regulatory approval from the Israeli Ministry of Health's AMAR Division, the authority responsible for medical device regulation in Isr ...
What's Powering J&J's MedTech Growth Ahead of Q4 Release?
ZACKS· 2026-01-13 13:50
Core Insights - Johnson & Johnson's (JNJ) MedTech segment accounts for approximately 36% of total revenues and focuses on high-growth markets, particularly in cardiovascular interventions [2][3] MedTech Segment Performance - Sales in the MedTech business have improved over the past two quarters, driven by acquisitions of Abiomed and Shockwave, as well as growth in Surgical Vision and wound closure [4] - The MedTech segment is expected to maintain strong momentum in Cardiovascular, Surgery, and Vision, supported by the adoption of newly launched products [4] Challenges and Strategic Moves - J&J faces challenges in the Chinese market due to the volume-based procurement (VBP) program, which is impacting sales [5] - The company plans to separate its Orthopaedics franchise into a standalone company, DePuy Synthes, to enhance growth and margins [6] Future Outlook - J&J anticipates better growth in the MedTech business by 2026, driven by new product launches and a focus on high-growth markets [7] - The company expects a compound annual growth rate (CAGR) of around 5.4% for the MedTech unit over the next three years [8] Competitive Landscape - J&J's MedTech unit competes with major players like Medtronic, Abbott, Stryker, and Boston Scientific, each specializing in various medical device sectors [9][10] Financial Performance - J&J's shares have outperformed the industry, rising 44.9% over the past year compared to a 21.9% increase in the industry [12] - The company's shares are currently trading at a price/earnings ratio of 18.22, higher than the industry average of 17.56 [14] Earnings Estimates - The Zacks Consensus Estimate for J&J's 2026 earnings has slightly increased from $11.47 to $11.48 over the past 30 days [15]
SS Innovations Announces Preliminary Unaudited Revenue for Fourth Quarter and Full Year 2025
Globenewswire· 2026-01-13 13:30
Core Viewpoint - SS Innovations International, Inc. anticipates strong revenue growth driven by increased unit sales of its SSi Mantra surgical robotic system, with significant growth expected in both the fourth quarter and full year of 2025 [1][3]. Financial Performance - For the fourth quarter of 2025, the company expects revenue of approximately $15.0 million, representing an 85% increase from $8.1 million in the fourth quarter of 2024 [7]. - For the full year 2025, the company expects revenue of approximately $43.0 million, which is a 108% increase from $20.6 million in 2024 [7]. - The cumulative installed base of the SSi Mantra reached 168 units as of December 31, 2025, marking a 158% increase from 65 units as of December 31, 2024 [2]. Product Development and Market Expansion - The SSi Mantra surgical robotic system is designed to be cost-effective and user-friendly, with advanced features such as modular robotic arms and a 3D 4K monitor [6]. - The company is committed to expanding its market presence in India, the United States, and Europe, with expectations for FDA review and EU CE marking certification in the first half of 2026 [3].
AVITA Medical: Pre-J.P. Morgan Update Highlights 2025 Revenue Growth, New Debt Facility, and 2026 Growth Outlook
Globenewswire· 2026-01-13 13:25
Core Insights - AVITA Medical, Inc. announced preliminary financial results for Q4 and fiscal year 2025, along with an outlook for fiscal year 2026, highlighting a shift from stabilization to growth execution [1][2] Financial Performance - Total net revenues for Q4 2025 were approximately $17.6 million, a decrease from $18.4 million in Q4 2024 [6] - Total revenues for the full year 2025 were approximately $71.6 million, an increase of about 11% compared to $64.3 million in 2024, aligning with the company's revised revenue guidance [6] - Full year 2026 revenue is expected to be in the range of approximately $80 to $85 million, representing growth of approximately 12% to 19% compared to 2025 [6] Capital Structure and Financing - The company closed a five-year credit facility with Perceptive Advisors, providing up to $60 million in capital, with an initial funding of $50 million [2][4] - The proceeds from the credit facility will be used to repay outstanding debt and support the growth of the acute wound care portfolio [2][4] - The new credit facility includes trailing twelve-month (TTM) revenue covenants, with an initial TTM revenue covenant set at $68.5 million for Q1 2026 and $73 million for the full year 2026 [3] Clinical and Commercial Developments - The Cohealyx-I study is fully enrolled, and the PermeaDerm-I study has surpassed 75% enrollment as of December 2025, with data expected later in 2026 [6] - The company is positioned to leverage its differentiated position in acute wound care for value creation through commercial execution and clinical advancement [4]
SciSparc To Buy IP Rights For Endoscopic Systems And Medical Cameras
RTTNews· 2026-01-13 13:00
SciSparc Ltd. (SPRC), Tuesday announced a definitive agreement to acquire a treasury of patents, trademarks and intellectual property rights for innovative endoscopic systems and medical cameras, including the MUSE system, from Xylo Technologies Ltd. The company will issue an amount of its common shares to Xylo in consideration for the acquired assets.Upon closing of the deal, SciSparc intends to commence commercialization of these patented technologies immediately, which is expected to boost rapid market ...