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Johnson & Johnson Lost Its Court Battle But Won The Q2 Match
Monday, July 24, 2023 - 12:04pm | 768Last Thursday, Johnson & Johnson (NASDAQ: JNJ) has topped earnings estimates and uplifted its full-year guidance on the back of a strong medtech sales momentum. The healthcare conglomerate reported strong results with plenty of legal anxiety in the air owed to thousands of lawsuits claiming its...
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PW Medtech's Buying Spree: Diversification Or Insider Story?
Thursday, January 13, 2022 - 1:01pm | 1349Key takeaways: After buying a related peer in November, PW Medtech acquired a human tissue regeneration and repair product developer last week at a high premium The company’s performance has been affected by the pandemic, and it may hope the new acquisitions will lower such risk through...
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Philips Accelerates Stroke Diagnosis And Treatment, Inks Strategic Partnership With MedTech NICO.LAB
Wednesday, July 7, 2021 - 3:39pm | 205Royal Philips (NYSE: PHG) announced a strategic partnership agreement with NICO.LAB, a MedTech stroke care company, significantly advancing Philips’ commitment to improving outcomes for people who suffer a stroke. This partnership brings a cloud-based, end-to-end...
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Why A Northstar Analyst Is Bullish On This Disruptive MedTech Company
Thursday, July 1, 2021 - 5:30pm | 255A strong value proposition and high retention rate have turned Northland Capital Markets bullish on Biotricity, Inc (OTC: BTCY). The Biotricity Analyst: Analyst Jason Wittes initiated coverage on Biotricity with an Outperform rating, setting a share price target of $7. The Biotricity Takeaways:...
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Fintech Focus Roundup For May 16, 2021
Sunday, May 16, 2021 - 8:00am | 772Public Launches SPAC Pages, Allowing Users Transparency Into The Popular Space Public, a commission-free trading app and investing social network, announced the addition of SPAC Pages, a place where members can learn about key investors, acquisition plans, and at which stage a particular SPAC is...
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Fintech Focus For May 13, 2021
Wednesday, May 12, 2021 - 5:34pm | 1867Quote To Start The Day: “Man is the cruelest animal.” Source: Friedrich Nietzsche One Big Thing In Fintech: In addition to new venues, more new order types are likely in the US equity market this year. The US Securities and Exchange Commission has approved the introduction of periodic...
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MedTech Spotlight: BIOHM Health Launches Interactive Gut Assessment Tool
Wednesday, May 12, 2021 - 1:15pm | 462BIOHM Health, a total microbiome company, is launching an online interactive gut assessment tool. What Happened: BIOHM Health, founded by Dr. Afif Ghannoum, said it's the first company that addresses the gut’s total microbiome of both bacteria and fungi. “BIOHM Health started with...
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MedTech Round Up: Update On Lucira Health, Second Sight Medical ClearPoint Neuro, Medtronic, Sientra
Wednesday, May 12, 2021 - 12:47pm | 816Lucira Health Inc (NASDAQ: LHDX) has announced that its Lucira Check IT COVID-19 test kit is now available on Amazon.com in the US. Each Lucira Check IT test kit provides a PCR quality test result at home in 30 minutes or less. The product costs $55. Price Action: LHDX shares...
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Why SmileDirectClub Is Suing NBCUniversal For $2.8B
Monday, May 18, 2020 - 8:35pm | 371SmileDirectClub Inc (NASDAQ: SDC) said Monday afternoon it's seeking approximately $2.8 billion in damages from Comcast Corporation's (NASDAQ: CMCSA) NBCUniversal. What Happened At NBC News At the heart of the lawsuit is NBC's Feb. 13 episode of "Nightly News", which...
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3M To Acquire Private Medtech Company Acelity For $6.7B
Thursday, May 2, 2019 - 10:35am | 4743M Co (NYSE: MMM) shares, which came under significant selling pressure following its disappointing first-quarter results April 25 and downward adjustment of full-year guidance, were seeing incremental weakness Thursday after the company announced a multibillion-dollar M&A deal. What Happened...
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Analysts Review Stryker's Q1: 'The Underlying Business Momentum Remains Strong'
Wednesday, April 24, 2019 - 3:24pm | 421Medical technology and orthopedic implant company Stryker Corporation (NYSE: SYK) reported an earnings beat Tuesday, and three sell-side analysts remain bullish on the stock. Stryker reported quarterly earnings of $1.88 per share, beating the consensus estimate of $1.84 and up about 12...
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Silk Road Medical's IPO: What You Need To Know
Thursday, April 4, 2019 - 9:32am | 403Silk Road Medical Inc will hit the Nasdaq under ticker SILK on Thursday. Here’s what you should know before making a bid. The Offering Silk Road said it would issue nearly 4.7 million shares between $15 and $17. The offering represents 16.3 percent of outstanding shares. Late Wednesday, the...
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Medigus Considers Expanding Portfolio To The Field Of CBD, Medical Marijuana Outside The US
Thursday, February 14, 2019 - 10:45am | 250Shares of Medigus Ltd. (NASDAQ: MDGS), an Israel-based medical device company that focuses on developing minimally invasive endo-surgical tools, gained more than 11 percent early Thursday morning after saying it's eyeing the medical marijuana industry. Medigus said in a press release it's...
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CAS Medical Surges As Edwards Lifesciences Agrees To Buy Medtech Company In $100M Deal
Tuesday, February 12, 2019 - 11:50am | 402CAS Medical Systems Inc (NASDAQ: CASM) shares are rising by one-half of their value Tuesday after Edwards Lifesciences Corp (NYSE: EW), a manufacturer of heart valves and other medical devices, announced an agreement to buy the company. What Happened CAS Medical is a medical tech company...
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BTIG Says Buy The Dip In Medtronic
Tuesday, January 15, 2019 - 4:00pm | 381Shares of medical technology company Medtronic PLC (NYSE: MDT) were flirting with the $100 per share mark for parts of 2018, but have since come down to a level that should be taken advantage of by investors, according to BTIG. The Analyst Analyst Sean Lavin upgraded Medtronic from...