SAN DIEGO, June 19, 2017 (GLOBE NEWSWIRE) — REVA Medical, Inc. (ASX:RVA) (“REVA” or the “Company”) announces that it has closed the second tranche and, therefore, has completed the financing transaction announced in April 2017 and approved by the Company’s shareholders on June 1, 2017. Completion occurred on June 16, […]
Financial
Evasc Neurovascular Banks $10 Million Venture Financing
VANCOUVER, June 15, 2017 /PRNewswire/ – Evasc Neurovascular Enterprises ULC announced that it has closed a CAD $10 million Series A venture capital financing round, led by Yonghua Investment Management Co., Ltd. (“Yonghua Capital”) of Shanghai, China. Several of Evasc’s existing investors also participated in the financing. Together with previous […]
BioTelemetry Reaches Key Milestone In Tender Offer For LifeWatch Corp
MALVERN, Pa. and ZUG, Switzerland, June 09, 2017 (GLOBE NEWSWIRE) — BioTelemetry, Inc. (NASDAQ:BEAT), the leading wireless medical technology company focused on the delivery of health information to improve quality of life and reduce cost of care, announced today that during the main offer period which ended on June 8, 2017, […]
Abbott (ABT) Declares 374th Consecutive Quarterly Dividend
ABBOTT PARK, Ill., June 9, 2017 /PRNewswire/ — The board of directors of Abbott (NYSE: ABT) today declared a quarterly common dividend of 26.5 cents per share. This marks the 374th consecutive quarterly dividend to be paid by Abbott since 1924. The cash dividend is payable Aug. 15, 2017, to […]
Corindus Vascular Robotics Reports First Quarter 2017 Results
WALTHAM, Mass.–(BUSINESS WIRE)–Corindus Vascular Robotics, Inc. [NYSE MKT: CVRS], a leading developer of precision vascular robotics, today reported financial results for the quarter ended March 31, 2017. Recent Highlights and Accomplishments Realized revenue of $0.8 million in the first quarter 2017 Backlog of an additional $3.0 – $3.5 million in […]
Endologix Reports First Quarter 2017 Financial Results
IRVINE, Calif.–(BUSINESS WIRE)–Endologix, Inc. (NASDAQ:ELGX), a developer and marketer of innovative treatments for aortic disorders, today announced financial results for the three months ended March 31, 2017. “We are pleased with our progress during the quarter and our solid start to the year. Our top-line performance was driven by continued […]
Cardiovascular Systems Reports Fiscal 2017 Third-Quarter Financial Results
ST. PAUL, Minn.–(BUSINESS WIRE)–Cardiovascular Systems, Inc. (NASDAQ: CSII): Cardiovascular Systems, Inc. (CSI) (NASDAQ: CSII), a medical device company developing and commercializing innovative interventional treatment systems for peripheral and coronary artery disease, today reported financial results for its fiscal third quarter ended March 31, 2017. The company’s third-quarter revenues were $52.1 […]
Bay Area’s Outset Medical Banks $76.5 Million for Innovative Dialysis Technology
SAN JOSE, Calif.–(BUSINESS WIRE)–Outset Medical, a commercial-stage company delivering first-of-its-kind technology into the $13 billion global dialysis market, today announced $76.5 million in Series C equity funding. A new investor, funds advised by T. Rowe Price Associates, Inc., led the round, which also included participation from existing investors Fidelity Management […]
Biomerics to Create 380+ New Jobs in $38.5 Million HQ Expansion
Biomerics Announces New Corporate Headquarters SALT LAKE CITY, Utah, May 1, 2017 /PRNewswire-USNewswire/ — Biomerics, a leading medical device manufacturer for the cardiovascular market, announced today it will relocate to a new corporate headquarters in Salt Lake City, UT. The 230,000 square foot facility will be located in the International […]
TransEnterix (TRXC) Announces Pricing Of $24.9 Million Public Offering Of Common Stock And Warrants
RESEARCH TRIANGLE PARK, N.C.–(BUSINESS WIRE)–TransEnterix, Inc. (NYSE MKT:TRXC) (“TransEnterix”), a medical device company that is pioneering the use of robotics to improve minimally invasive surgery, announced the pricing of its public offering of units, each consisting of one share of the Company’s common stock, one Series A warrant to purchase […]