Medical Appliances & Equipment
(VOLC) Volcano Corporation Stays Neutral
Recently, we have reaffirmed our Neutral recommendation on Volcano Corporation (VOLC). Although we are concerned about the company’s disappointing fourth quarter 2012 and conservative outlook for 2013, strong pipeline development...2May2013 | vitalstocks | Comments Off | Continued
(STJ) Will St. Jude Beat Earnings this Quarter?
St. Jude Medical Inc. (STJ) is set to report its first-quarter 2013 results before the opening bell on Wednesday, Apr 17. Let us see how things are shaping up prior to the announcement. In the last quarter, the medical device...27Apr2013 | vitalstocks | Comments Off | Continued
(ISRG) Intuitive Surgical Earnings Preview
Intuitive Surgical (ISRG), the leader in robotic surgery, is set to report its first-quarter 2013 results on Apr 18, 2013. Let’s see how things are shaping up prior to the announcement. In the last quarter, the company posted...27Apr2013 | vitalstocks | Comments Off | Continued
(CUTR) Biolase Gets U.S. Food & Drug Administration Nod for EPIC 10S
Recently, a pioneer in manufacturing and distributing dental lasers, BIOLASE, Inc. (BIOL) obtained regulatory clearance from the U.S. Food & Drug Administration (FDA) for its EPIC 10S soft tissue diode laser. Last month the company...23Apr2013 | vitalstocks | Comments Off | Continued
(STJ) St. Jude Medical Begins EnligHTN II Trial
St. Jude Medical Inc. (STJ) has initiated the EnligHTN II trail with the enrolment of first patient to further evaluate its renal denervation technology in treating uncontrolled hypertension. This follows the successful EnligHTN I...16Feb2013 | Shawn | Comments Off | Continued
(VAR) Varian Medical Systems Receives FDA Clearance
Oncology and X-Ray products company Varian Medical Systems (VAR) recently revealed that it has received FDA 510(k) clearance for its Edge radiosurgery offering. This is Varian’s latest system for carrying out radiosurgery using modern...29Jan2013 | Shawn | Comments Off | Continued
(STJ) St. Jude Medical’s Products Earn CE Mark Approval
St. Jude Medical (STJ) has received CE Mark approval for two of its devices viz. the AMPLATZER Amulet Left Atrial Appendage Occluder and the ViewFlex Xtra Intracardiac Echocardiography (ICE) Catheter. Both the products were unveiled...26Jan2013 | Shawn | Comments Off | Continued
(VOLC) Volcano Presents Preliminary Fourth Quarter Results
Going by the preliminary results, Volcano Corporation (VOLC) expects to report revenues of $102.5 million for the fourth quarter of fiscal 2012, up 10% year over year (up 12% at constant exchange rate or CER). However, the result...15Jan2013 | Shawn | Comments Off | Continued
(MASI) Another Client Win for Masimo
Masimo Corporation (MASI), a leader in non-invasive monitoring technology, recently announced that the University of North Carolina (UNC) Hospitals in Chapel Hill have adopted Masimo SET pulse oximetry. This marks Masimo’s second...1Jan2013 | Shawn | Comments Off | Continued
(STJ) St. Jude Medical Wins CE Mark Approval for Assura
Medical devices major, St. Jude Medical (STJ) recently won the European CE Mark approval for its line of implantable cardioverter defibrillators (ICDs) and cardiac resynchronization therapy defibrillators...4Dec2012 | vitalstocks | Comments Off | Continued
(SMA) Symmetry Medical’s Surgical Subsidiary Gains Ground in Italy
Symmetry Surgical, a subsidiary of orthopedic implants and instruments maker Symmetry Medical Inc. (SMA) recently inked an exclusive agreement in Italy with Biocommerciale Srl. Per the agreement, Biocomerciale...4Dec2012 | vitalstocks | Comments Off | Continued
(ALGN) Align Technology’s Preliminary Third Quarter Sales Disappoint
A major player in the malocclusion market, Align Technology’s (ALGN) shares plunged 7.47% to close at $35.41 yesterday, following the release of its preliminary third quarter results that missed the Zacks Consensus Estimates on...12Nov2012 | vitalstocks | Comments Off | Continued
(ARAY) FDA Clears Accuray’s CyberKnife M6
Renowned radiosurgery systems maker, Accuray Incorporated (ARAY) recently received the U.S. Food and Drug Administration (“FDA”) 510(k) approval for its new Cybernife M6 Series. This innovative series is capable of treating large,...6Nov2012 | vitalstocks | Comments Off | Continued
(STJ) St. Jude Medical Earnings Preview
Medical device major, St. Jude Medical (STJ) is slated to announce its third quarter results before the opening bell on Wednesday, October 17. The current Zacks Consensus Estimate for the third quarter is 80 cents, representing estimated...31Oct2012 | vitalstocks | Comments Off | Continued
(ISRG) Intuitive Surgical Earnings Preview
Intuitive Surgical (ISRG) is slated to report its third quarter results on Tuesday, October 16, 2012. The current Zacks Consensus Estimate for the third quarter is $3.48, representing an estimated 14.1% annualized growth. First...12Oct2012 | vitalstocks | Comments Off | Continued
(CNMD) Conmed Lowered to Underperform
We downgrade our recommendation for Conmed Corporation (CNMD) to ‘Underperform’, driven by difficult hospital capital equipment spending environment and management’s lowered sales guidance outlook. Both revenues and earnings...10Oct2012 | vitalstocks | Comments Off | Continued
(CNMD) Conmed Corporation – Bear of the Day
We downgrade our recommendation on Conmed Corporation (CNMD) to Underperform. Its earnings and revenues for the second quarter missed the Zacks Consensus Estimates. All business segments, except the Arthroscopy business, hampered...9Oct2012 | vitalstocks | Comments Off | Continued
(ALGN) Align Technology Speaks on Growth Prospects
Recently, Align Technology (ALGN) participated at the Morgan Stanley Healthcare Conference where the Vice President, Finance and Chief Financial Officer of Align, Kenneth Arola clearly spoke about the company’s key focus areas and...8Oct2012 | vitalstocks | Comments Off | Continued
(CLSN) Celsion Progresses with ThermoDox
Celsion Corporation (CLSN) recently announced that the independent Data Monitoring Committee (DMC) completed its last intermediate review of the pivotal phase III HEAT study being conducted with ThermoDox for hepatocellular carcinoma...8Oct2012 | vitalstocks | Comments Off | Continued
(STJ) St. Jude Medical Reports Positive Data
Medical devices major, St. Jude Medical, Inc. (STJ) recently announced results from a large-scale clinical study of peripheral nerve stimulus (PNS) of the occipital nerve for managing pain and disability associated with chronic migraine,...8Oct2012 | vitalstocks | Comments Off | Continued
(SNN) MedTech Industry Stock Outlook – October 2012 – Zacks Analyst Interviews
The global medical devices industry is fairly large, intensely competitive and highly innovative. A regulated industry, MedTech is spread across different segments including cardiology, cardiovascular, neuro, orthopedic and aesthetic devices. The US medical devices industry relies largely on an aging...4Oct2012 | vitalstocks | Comments Off | Continued
(ALGN) Align Technology Incorporated – Bull of the Day
Align Technology, Inc. (ALGN) reported a strong second quarter with both revenues and earnings sailing past the Zacks Consensus Estimates, on the back of its flagship product, Invisalign. Growth was boosted by increased patient visits...2Oct2012 | vitalstocks | Comments Off | Continued
(STJ) St. Jude Medical Realigns Units – Cuts Jobs
Medical devices major, St. Jude Medical, Inc. (STJ) recently announced that it will consolidate its four operating segments into two units as a part of its cost-cutting measure to leverage future growth. The company also changed the...18Sep2012 | vitalstocks | Comments Off | Continued
(SIRO) Sirona Dental Systems Introduces CEREC Omnicam
Dental technology leader Sirona Dental Systems, Inc. (SIRO) recently introduced its latest intraoral camera, CEREC Omnicam. This new product is slated to enhance the company’s leading-edge CEREC CAD/CAM systems. CEREC Omnicam...27Aug2012 | vitalstocks | Comments Off | Continued
(HNSN) Hansen Medical Boosts Intellectual Pproperty Portfolio
Hansen Medical (HNSN), a global developer and manufacturer of intravascular robotics, recently announced the expansion of its intellectual property portfolio on the back of 30 additional patents in the U.S. since January 2011. The...26Aug2012 | vitalstocks | Comments Off | Continued
(CRY) CryoLife Initiates Dividend
CryoLife, Inc. (CRY), a medical devices company which specializes in preserving and processing tissues, recently announced that its Board has approved the initiation of quarterly cash dividend of 2.5 cents per share. The company foresees...22Aug2012 | vitalstocks | Comments Off | Continued
(SIRO) Sirona Dental Systems Brings Schick 33 to America
Dental technology leader Sirona Dental Systems, Inc. (SIRO) recently announced the launch of a novel intraoral digital sensor and image management system, the Schick 33. Patterson Dental, a unit of Patterson Companies...22Aug2012 | vitalstocks | Comments Off | Continued
(ZMH) Zimmer Holdings Posts Mixed Second Quarter – Tightens View
Zimmer Holdings (ZMH) reported earnings per share (“EPS”) of $1.22 in the second quarter of fiscal 2012 compared with $1.06 in the year-ago quarter. After taking into account certain one-time items, adjusted EPS came in at $1.34,...22Aug2012 | vitalstocks | Comments Off | Continued
(GB) Greatbatch’s Second Quarter Earnings Mixed – Profit Drops
Greatbatch, Inc. (GB) reported second-quarter 2012 adjusted (excluding one-time items) earnings per share of 43 cents, in line with both the Zacks Consensus Estimate and the year-ago adjusted earnings. Profits (as reported) plunged...22Aug2012 | vitalstocks | Comments Off | Continued
(ISRG) Intuitive Surgical Analyst Remains Neutral on Shares
We maintain our recommendation for Intuitive Surgical (ISRG) at Neutral. Earnings per share for the second quarter of $3.75 easily beat the Zacks Consensus Estimate. Profit grew 31.9% year over year to $154.9 million. Intuitive...21Aug2012 | vitalstocks | Comments Off | Continued