Financial

Novartis delivers solid Q3 results, with strong growth in Innovative Medicines. Announces strategic review of Sandoz

Ad hoc announcement pursuant to Art. 53 LR Q3 net sales grew +5% (cc¹, +6% USD) Innovative Medicines grew +7% (cc, +8% USD) Strong performance of key growth drivers: Entresto (+44% cc), Cosentyx (+22% cc), Kesimpta (USD 109 million), Jakavi (+26% cc), Zolgensma (+28% cc), Promacta/Revolade (+18% cc) and Kisqali (+27% cc) Sandoz declined -2% (cc, -1% USD), affected by continued pricing pressures. Ex-US […]

ScottCare Signs Distribution Agreement With Ninety One, Expands Partnership

CLEVELAND–(BUSINESS WIRE)–ScottCare Cardiovascular Solutions (www.scottcare.com) announced that it has signed an agreement with Ninety One Holding, Inc. (www.91.life) to become a principal distributor for Ninety One’s cloud software platform for cardiac implanted device monitoring, effectively expanding the partnership between the two firms. Currently, ScottCare’s 24/7 remote cardiac monitoring service, Ambucor, […]

ilumivu Announces Acquisition of Cardiogram and Series A Investment Round to Accelerate Personalized Decision Support Solutions for Healthcare

-The acquisition and funding will support commercialization of the company’s personalized decision support solutions to serve millions of seniors and their caregivers via mobile applications, with a special focus on Medicare Advantage ASHEVILLE, N.C., Oct. 21, 2021 /PRNewswire/ — ilumivu, Inc., a pioneer in predictive and personalized healthcare intervention software utilized at university […]

Abbott Reports Third-Quarter 2021 Results; Achieves Strong Double-Digit Earnings Growth and Raises Guidance

– Third-quarter sales growth of 23.4 percent; organic sales growth of 22.4 percent – GAAP diluted EPS from continuing operations growth of 69.6 percent; adjusted diluted EPS growth of 42.9 percent – Global COVID-19 testing-related sales were $1.9 billion in the third quarter – Excluding COVID-19 testing-related sales, third-quarter sales […]

CinCor Pharma Appoints Mason Freeman, M.D., as Executive VP, Clinical Development

CINCINNATI, Oct. 19, 2021 (GLOBE NEWSWIRE) — CinCor Pharma, Inc. (“CinCor”) today announced the appointment of Mason W. Freeman, M.D., as Executive Vice President, Clinical Development responsible for leading all clinical development at CinCor. “Mason will be guiding the clinical development programs for CIN-107 for multiple potential indications, including hypertension,” […]

Nuwellis Selected as a Recipient of the Governor’s International Trade Award

Nuwellis recognized as a Minnesota company that has shown exceptional progress and success in foreign markets EDEN PRAIRIE, Minn., Oct. 19, 2021 (GLOBE NEWSWIRE) — Nuwellis, Inc. (NASDAQ: NUWE) was honored last week with the 2021 Governor’s International Trade Award by Minnesota Governor Tim Walz. This award honors Minnesota companies that are […]

Cardisio GmbH Completes €3.5 Million Investment

Veteran Silicon Valley Technology Investors Lead Funding Round to Further Develop and Market Cardisio’s Unique Method for Heart Disease Screening FRANKFURT, Germany, Oct. 19, 2021 /PRNewswire/ — Cardisio GmbH, developers of the world’s first non-invasive, highly accurate screening method for heart diseases, today announced completion of its largest investment round to date. […]

Mentice receives order of total SEK 7.0 million from ABBOTT

STOCKHOLM, Oct. 18, 2021 /PRNewswire/ — Mentice AB (publ) a leading supplier of high-technology solutions for simulation in the medical sector with focus on endovascular procedures, has through its fully owned subsidiary Mentice Inc entered into an agreement with ABBOTT Inc. to provide simulation solutions for training of interventional devices. The order covers systems that will be offered […]