RESULTS ROUND-UP: Cyberonics boost; HeartWare still making loss; Lombard keeps building in US
This article was originally published in Clinica
Executive Summary
Neuromodulation specialist Cyberonics, which has just agreed to merge with Sorin, got a further boost by seeing its top and bottom lines both expand during its third fiscal quarter. The company’s sales increased 6% to $72.1m, while net income grew to $16.5m, from $13.9m during the same period last year.
You may also be interested in...
What are the hottest innovations from Israel?
Israel is well-known as a medtech hot-spot, with a focus on academic research and strong government support helping the country punch well above its weight when it comes to innovative devices.
EuroPCR: St Jude and Philips talk up rival intravascular imaging techs
St Jude Medical had a heavy focus on its intravascular imaging offering at this year’s EuroPCR meeting, presenting data supporting its optical coherence tomography (OCT) technology. OCT provides intravascular images to help assess culprit lesions, which can improve stent selection and deployment, according to St Jude.
EuroPCR: Medtronic's drug-coated balloon keeps rising
A big topic at this year’s EuroPCR, held in Paris on 19-22 May, was drug-coated balloons (DCBs). One of the leaders in the field, Medtronic, presented positive data from two studies of its IN.PACT Admiral balloon, which could support an expanded indication for the device.