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RXST CLASS REMINDER: Suffer Losses on Your RxSight, Inc. Investment? Contact BFA Law before the September 22 Court Deadline (NASDAQ:RXST)
GlobeNewswire News Room· 2025-08-23 11:08
NEW YORK, Aug. 23, 2025 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against RxSight, Inc. (NASDAQ: RXST) and certain of the Company’s senior executives for potential violations of the federal securities laws. If you invested in RxSight, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases-investigations/rxsight-inc-class-action-lawsuit. Investors have until September 22, 2025, to ask the Court to ...
Kirby McInerney LLP Announces Investigation Against AVITA Medical, Inc. on Behalf of Investors
GlobeNewswire News Room· 2025-08-22 21:52
Core Insights - AVITA Medical, Inc. is under investigation by Kirby McInerney LLP for potential violations of federal securities laws and unlawful business practices [1][3] - The company's second quarter 2025 financial results revealed a significant backlog in unpaid provider claims for its Recell procedures, which negatively impacted demand [3] - AVITA's share price dropped by approximately 21% following the announcement of the backlog, from $5.38 to $4.25 per share [3] Company Overview - AVITA Medical, Inc. is involved in the development and commercialization of wound care products, specifically the Recell system [3] - The company faced challenges due to contractors from the Centers for Medicare & Medicaid Services failing to timely adjudicate claims and assign appropriate pricing for its products [3] Financial Impact - The backlog of unpaid claims accumulated from January to June 2025, leading to uncertainty among providers and a reduction in Recell utilization during the first half of the year [3] - The decline in share price reflects investor concerns regarding the company's operational challenges and financial health [3]
NVCR Stock Slips Despite PMA Application to Treat Pancreatic Cancer
ZACKS· 2025-08-22 18:40
Company Overview - NovoCure Limited (NVCR) submitted a premarket approval (PMA) application to the FDA for Tumor Treating Fields (TTFields) therapy aimed at treating locally advanced pancreatic cancer, with a decision expected in the second half of 2026 [1][9] - The PMA submission is a significant milestone for NovoCure, likely enhancing its position in the global oncology market [2] Financial Performance - NovoCure currently has a market capitalization of $1.33 billion and a price-to-sales (P/S) ratio of 2.1, which is lower than the industry average of 5.8 [4] - In the last reported quarter, NVCR achieved an earnings surprise of 7.7% [4] - The company reported a 5.6% year-over-year increase in total net revenues for the second quarter of 2025, driven by active patient growth [8] Clinical Development - The PMA application is supported by the PANOVA-3 trial, which assessed TTFields therapy in combination with gemcitabine and nab-paclitaxel as a first-line treatment for adults with unresectable, locally advanced pancreatic adenocarcinoma [5] - The PMA for pancreatic cancer is submitted as a supplement to the existing PMA for Optune Lua, which is currently indicated for non-small cell lung cancer [6] Market Potential - The global pancreatic cancer treatment market is projected to grow from $2.92 billion in 2024 to $5.84 billion by 2030, at a compound annual growth rate (CAGR) of 12.3% [7] - Factors such as the rise in lifestyle-related diseases and an aging population are expected to drive market growth, presenting significant opportunities for NovoCure [7] Stock Performance - Following the announcement of the PMA submission, NVCR shares declined by nearly 1.3% [3] - Over the past year, NVCR's stock has decreased by 33.2%, compared to a 14% decline in the industry and a 13.8% gain in the S&P 500 [10]
BWAY Shares Rise on Strategic Investment in Neurolief's At-Home Care
ZACKS· 2025-08-22 18:30
Key Takeaways BrainsWay invested $5M in Neurolief to enter the at-home mental health treatment market.Neurolief's Proliv Rx targets treatment-resistant depression and awaits FDA approval.The deal includes future milestone-based funding and a call option for full acquisition.BrainsWay Ltd. (BWAY) recently took a strategic step to expand its reach in the mental health market through a $5 million investment in Neurolief Ltd., a developer of wearable, non-invasive neuromodulation devices. The investment positio ...
INVESTOR ALERT: Investigation of AVITA Medical, Inc. (RCEL) Announced by Holzer & Holzer, LLC
GlobeNewswire News Room· 2025-08-22 16:04
Core Insights - Holzer & Holzer, LLC is investigating AVITA Medical, Inc. for potential compliance issues with federal securities laws following a significant drop in stock price after the company reported second quarter results and revised its 2025 guidance [1] - AVITA experienced a "significant headwind" due to a temporary gap in Medicare Administrative Contractor payments for its RECELL® System, which negatively impacted demand [1] Financial Performance - AVITA reported its second quarter 2025 results on August 7, 2025, indicating challenges in its operations [1] - The company revised its 2025 guidance, reflecting the impact of the payment gap on its financial outlook [1] Market Reaction - Following the announcement of the second quarter results and the revised guidance, AVITA's stock price experienced a decline [1]
Insulet Gains 77.2% in a Year: What's Driving the Rally?
ZACKS· 2025-08-22 14:55
Core Insights - Insulet Corporation (PODD) has experienced significant share price growth of 77.2% over the past year, outperforming the industry growth of 4.6% and the S&P 500 Composite's increase of 14.3% [1][8] - The company is recognized for its strong fundamentals and growth opportunities, making it a solid investment option at present [1] Company Overview - Insulet develops and markets the Omnipod System, a continuous insulin delivery system designed for individuals with insulin-dependent diabetes, which includes the Omnipod and the next-generation Omnipod DASH [2] - The company reports revenues through three segments: U.S. Omnipod, International Omnipod, and Drug Delivery, with the latter involving partnerships with pharmaceutical companies for customized drug delivery [3] Growth Drivers - Insulet's share price growth is supported by strategic market expansion, including FDA clearance for the Omnipod 5's type 2 label expansion, which has broadened the addressable market to over 5.5 million U.S. patients [4][5] - The Omnipod 5 system has shown strong performance, with significant growth in new customer starts and revenue across all business segments in Q2 2025 [5][8] - The introduction of Omnipod Discover, a digital platform for personalized data management and patient engagement, further enhances the company's consumer-focused innovation strategy [6] Financial Performance - Insulet reported a second-quarter operating profit of $121.1 million, reflecting a 122.2% year-over-year increase, with operating margins expanding by 750 basis points [9] - The company ended Q2 2025 with cash and cash equivalents of $1.12 billion and current debt of $461 million, indicating strong financial stability [9] Market Challenges - Insulet faces potential vulnerabilities due to macroeconomic volatility, including geopolitical conflicts and supply chain disruptions, which may impact product costs [10] - The competitive landscape and regulatory conditions in the markets may limit the company's ability to implement price increases or other cost-driving strategies [11] Earnings Estimates - The Zacks Consensus Estimate for Insulet's 2025 EPS has increased by 6% to $4.59 in the past 30 days, with an earnings yield of 1.4%, outperforming the industry's -0.8% [12]
Should Boston Scientific Stock Be in Your Portfolio Right Now?
ZACKS· 2025-08-22 14:55
Core Insights - Boston Scientific's second-quarter 2025 performance was significantly influenced by its international expansion, particularly in emerging markets, despite facing challenges from currency fluctuations and a tough macroeconomic environment [1][9]. Financial Performance - Year-to-date, Boston Scientific's shares have increased by 18.1%, outperforming the industry and S&P 500, which grew by 7.5% and 8.6% respectively [2]. - The company has a market capitalization of $155.90 billion and has consistently beaten earnings estimates over the past four quarters, with an average surprise of 8.11% [2]. Growth Drivers - The company is focusing on expanding its presence in emerging markets, which showed a robust revenue growth of 12.1% year-over-year in the second quarter of 2025 [3]. - In the EMEA region, sales grew by 1.8% operationally, while the Asia Pacific region saw a significant sales increase of 15.4%, driven by strong performance in China, Japan, Australia, and New Zealand [4]. - The MedSurg segment is a key growth area, with Urology sales increasing by 28% and Endoscopy business growing by 8% globally, supported by strong product performance [5][8]. Challenges - Boston Scientific is exposed to currency fluctuations, with 40% of its sales coming from international markets, leading to a 1.2% revenue headwind in Q2 2025 due to unfavorable foreign exchange rates [7][8]. - The company is also facing macroeconomic challenges, including geopolitical tensions and supply chain disruptions, which are expected to impact profitability and result in a tariff cost of approximately $100 million for the full year 2025 [9]. Future Outlook - The Zacks Consensus Estimate for 2025 earnings per share has increased by 2.1% to $2.91, with revenue estimates set at $19.49 billion, reflecting a 16.4% increase from the previous year [10].
4 Medical Devices Behemoths to Buy Amid Extensive AI Applications
ZACKS· 2025-08-22 13:06
Key Takeaways Boston Scientific leverages AI in heart diagnostics, arrhythmia mapping and coronary imaging.Johnson & Johnson integrates AI in robotic surgery, digital analytics and connected operating rooms.GE HealthCare and Tempus AI advance AI-powered imaging, precision medicine and clinical decision tools.Rising demand for precision and personalized medicine has significantly augmented the need for artificial intelligence (AI)-enabled medical devices to deliver highly individualized diagnostics and treat ...
Inspira Receives U.S. Patent Approval for the ART500 Core Technology, Key Patent Positions the Company to Dominate $20 Billion Estimated Market
Globenewswire· 2025-08-22 12:45
RA'ANANA, Israel, Aug. 22, 2025 (GLOBE NEWSWIRE) -- Inspira™ Technologies OXY B.H.N. Ltd. (NASDAQ: IINN) ("Inspira," "Inspira Technologies," or the "Company"), a pioneer in innovative life- support and diagnostic technologies, has received U.S. Patent approval for low flow rates extracorporeal oxygenation system and methods of use. This patent represents the core technology of the ART500 device, a key asset in the Company's strategy to penetrate the $20 billion estimated market for advanced respiratory supp ...
The Best High-Yield Healthcare Stock to Invest $1,000 in Right Now
The Motley Fool· 2025-08-22 08:10
Normal or not, Medtronic's headwinds are very real. It has to do something (that something will be discussed in point 3). I'm confident that management will figure out what needs to be done and, more to the point, successfully get it done. My confidence comes from the company's dividend history, with Medtronic having increased its dividend for 48 consecutive years. That's just two years shy of Dividend King status. You have to have a strong business model that gets executed well in both good times and bad t ...