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AMS gains Laserscope

This article was originally published in The Gray Sheet

Executive Summary

American Medical Systems announces July 20 it has completed its $715 mil. acquisition of Laserscope, complementing its TherMatrx microwave system for nonobstructive benign prostatic hyperplasia with Laserscope's Greenlight surgical laser (1"The Gray Sheet" June 12, 2006, p. 10)...

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People In Brief

Spine Wave names CFO: Carmen Diersen signs on as CFO at orthopedic start-up Spine Wave, effective Sept. 1. Diersen will resign from American Medical Systems (AMS) where she helped guide five acquisitions during her CFO tenure, including AMS' $715 mil. purchase of Laserscope in July (1"The Gray Sheet" July 24, 2006, In Brief). Prior to AMS, Diersen spent 12 years in the cardiac rhythm management and spinal surgery businesses at Medtronic. Spine Wave has raised $90 mil. in funding to date, including a Series C financing worth $36.5 mil. this year. The Conn.-based firm plans a full U.S. launch of the StaXx XD expandable vertebral body replacement device this fall. The company is also developing the NuCore injectable nucleus and the StaXx FX fracture repair system. AMS appointed Jill Burchill as interim CFO...

American Medical Buys Laserscope For GreenLight Obstructive BPH Treatment

American Medical Systems will expand its benign prostatic hyperplasia treatment offerings to include operating room-based obstructive BPH therapy with Laserscope's GreenLight surgical laser system under a June 5 acquisition agreement

Fragrance Creators Association Launches Online ‘Conservatory’ To Bolster Consumer Confidence

The North American trade organization’s new website offers consumers a gateway into the world of fragrance. Providing a “deep dive” into 50 fragrance ingredients, as well as overviews of perfumery, key regulations, and industry safety practices and sustainability efforts, the site extends FCA’s work to engage and inform consumers at a time of growing interest in manufactured scents.




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