Financial

Recora Announces $20M in Series A Funding and Unveils Cardiac Recovery Program for Health Systems, Medical Groups and Health Plans

NEW YORK, March 21, 2022 (GLOBE NEWSWIRE) — Recora today emerged from stealth to announce $20M in Series A funding while also unveiling Recora’s Cardiac Recovery Program for health systems, medical groups and health plans. The heavily oversubscribed round was led by SignalFire with participation from Valor Equity Partners and existing investor Pear […]

NAMSA Announces Intent to Acquire Contract Research Organization, ÅKRN

Acquisition to Enhance Cardiovascular Expertise and Regional Presence in Europe TOLEDO, Ohio & MADRID–(BUSINESS WIRE)–NAMSA, a world leading MedTech Contract Research Organization (CRO) offering global end-to-end development services, announced today its intent to acquire ÅKRN Scientific Consulting, a prominent European Medical Device CRO based in Madrid, Spain. ÅKRN, founded in 2018, […]

Venus Medtech appoints Shakeel Osman as Senior VP of Sales Europe to drive commercialization of TPVR system

HANGZHOU, China, March 18, 2022 /PRNewswire/ — On March 18th, 2022, Venus Medtech (Hangzhou) Inc. (“Venus Medtech”, 2500.HK), a leading provider of integrated solutions for structural heart disease in China, announced the appointment of Shakeel Osman as Senior Vice President of Sales Europe, responsible for the commercialization of congenital heart devices. At present, the company’s transcatheter […]

Lexicon Enters Into Loan Facility With Oxford Finance for Up to $150 Million to Support Planned Commercialization of Sotagliflozin

THE WOODLANDS, Texas, March 17, 2022 (GLOBE NEWSWIRE) — Lexicon Pharmaceuticals, Inc. (Nasdaq: LXRX) today announced it entered into a loan facility with Oxford Finance LLC that provides up to $150 million in borrowing capacity designed primarily to support commercial preparations and the potential launch of sotagliflozin in heart failure. “This loan […]

Transparency Notifications from Shareholders

GHENT, Belgium, March 18, 2022 (GLOBE NEWSWIRE) — Sequana Medical NV (Euronext Brussels: SEQUA) (the “Company” or “Sequana Medical“), an innovator in the treatment of diuretic-resistant fluid overload in liver disease, malignant ascites and heart failure, announces today that it received transparency notifications from the shareholders listed below, notifying the number of voting […]

Medtronic appoints new Operating Unit Presidents

Que Dallara joins as EVP & President, Diabetes Mike Marinaro named President, Surgical Robotics Dr. Kweli Thompson named President, Cardiac Rhythm Management DUBLIN, March 17, 2022 /PRNewswire/ — Medtronic plc (NYSE:MDT), a global leader in healthcare technology, today announced leadership transitions for three of its Operating Units – Diabetes, Surgical Robotics, and Cardiac Rhythm Management – […]

Liquidia Corporation Reports Full-Year 2021 Financial Results and Provides Corporate Update

– Received tentative FDA approval of YUTREPIA™ (treprostinil) inhalation powder – Expanded use of Treprostinil Injection to include subcutaneous administration – Preparing to launch YUTREPIA in late-2022 pending final FDA approval – Company to host webcast and conference call today at 8:30 a.m. ET MORRISVILLE, N.C., March 17, 2022 (GLOBE NEWSWIRE) — Liquidia Corporation […]

CinCor Pharma to be Added to Russell 2000® and Russell 3000® Indexes

BOSTON, March 17, 2022 (GLOBE NEWSWIRE) — CinCor Pharma, Inc. (NASDAQ: CINC), a clinical-stage biopharmaceutical company focused on developing its lead clinical candidate, CIN-107, for the treatment of hypertension and other cardio-renal diseases, today announced that the Company will be added to the Russell 2000® and Russell 3000® Indexes, effective on Friday, […]