All posts in Financial

MiMedx Group Q1 Net Sales at $37M

MiMedx Group has reported first quarter net sales at $3.7 million, with net loss at $1 million. During the first quarter, the company launched its AmnioFix Injectable nationwide, which is an allograft composed of micronized amniotic tissues for reducing inflammation and …

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Med-tech trends: Styker, Medtronic, Covidien, St. Jude, Boston Scientific the most talked about device makers in April

MassDevice.com looks at the internet chatter surrounding the medical device industry with some of most searched-for companies of the last month.
 

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MassDevice.com looked at some

Is Johnson & Johnson eyeing Edwards, St. Jude?

Johnson & Johnson, already the world's largest health products maker, could have its eye on Edwards Lifesciences and St. Jude Medical as potential acquisitions, analysts say.
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Exactech Hip & Knee Revenue Up, Spine Drops 13%

Exactech reported net income of $3.3 million during the first quarter of 2012, a slight increase over the same period in 2011.

The increased income was driven by

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Biomet Sales Encouraging for Industry

Biomet, Inc. reported a 5% increase in sales for the company's third fiscal quarter on April 11. Like the groundhog, Punxsutawney Phil of Pennsylvania, the company's sales are

15 of the Most Profitable Orthopedic & Spine Device Companies in 2011

Here are 15 of the most profitable orthopedics- and spine-focused medical device companies in 2011 based on financial reports. Companies that report based on the fiscal were reported

One man hands money to businessman

Healthcare drew more angel investment than any other industry last year

Angel investors are flocking to healthcare. A new report shows that healthcare companies received a greater percentage (37 percent) of angel investment dollars than startups from any

MAKO Surgical Corp. : Reports Operating Results for the Fourth Quarter and Full Year 2011

MAKO Surgical Corp. Reports Operating Results for the Fourth Quarter and Full Year 2011 Fourth Quarter and Full Year 2011 Highlights Fourth quarter revenue totaled $32.9 million, a 122% increase over

DJO

Blackstone’s DJO Seeks $630 Million of Debt to Refinance

DJO Finance LLC, the Blackstone Group LP-owned maker of orthopedic devices, is seeking to amend $943 million of loans to push out maturities and replace existing debt. The company

Medtronic

Medical device tax to cost Medtronic about $125M to $175M annually

It appears that Medtronic (NYSE: MDT) is assuming that all the efforts to repeal the medical device taxare not going to amount to much and that companies will have

Wright Medical 4Q Income Drops 86%

CEO Robert Palmisano feels results are stronger than expected and emphasizes growing foot and ankle business.
Wright Medical Group reported a tough 2011 with net income for fourth-quarter 2011

Texas Court Rules Zimmer’s Implant-Specific Instruments Fall Under Tax Exemption

A Texas court of appeals recently ruled that Zimmer's specialized instruments are exempt from sales and use taxes under the current tax code, according to a Ryan 

Exactech Announces Preliminary 2011 Sales of $205.4 Million and 4th Quarter 2011 Sales of $53.1 Million

GAINESVILLE, Fla., Jan 31, 2012 (BUSINESS WIRE) -- Exactech, Inc. EXAC +0.40% , a developer and producer of bone and joint restoration products for hip, knee, shoulder, spine and

money

Study: Venture investment rose 22% in 2011

Venture capitalists opened their wallets wider in 2011, investing $28.4 billion, up 22 percent, in 3,673 deals, up 4 percent, according to a MoneyTree Report today. Fourth-quarter investments totaled

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J.P. Morgan – Get Your Meet On!

Good morning all! We just returned home from our trip to San Francisco where we attended the J.P. Morgan Healthcare conference. We made several observations and thought we