Cardiovascular Device Update articles from July 2002

Cardiovascular Device Update archives from July 2002

Disease monitoring, minimally invasive therapy stimulate market.
July 1, 2002... ATLANTA, Georgia -- New technologies often drive major changes in the various segments of the medical device market, resulting in the emergence of new competitors and altering the way in which patients are managed. The cardiology sector is...

With public access push, AED space has huge growth potential.(automatic external defibrillators)
July 1, 2002... As evidenced by numerous presentations at many of the spring 2002 medical conferences, there is a growing realization that time to defibrillation is the key to decreasing the incidence of sudden cardiac deaths in the U.S. In previous years, the...

French replace heart valve without surgery. (Report from Europe).
July 1, 2002... A surgical team at the Centre Hospitalier Universitaire of Rouen (Rouen, France), led by Professor Alain Cribier, has placed an artificial aortic heart valve in a 57-year-old patient who was judged as inoperable using classical heart valve...

Arrhythmia Research Technology (ART; Fitchburg, Massachusetts) said its wholly owned subsidiary, Micron Acquisition, has entered into a non-binding letter of intent to purchase certain operating assets of Select Engineering (also Fitchburg), a privately held company, for a price approximately $5.85 million. (Acquisitions).(Brief Article)
July 1, 2002... * Arrhythmia Research Technology (ART; Fitchburg, Massachusetts) said its wholly owned subsidiary, Micron Acquisition, has entered into a non-binding letter of intent to purchase certain operating assets of Select Engineering (also Fitchburg),...

Onux Medical (Hampton, New Hampshire) has acquired Shape Medical, a company that has developed a platform technology that enables metallic memory sutures to be delivered through a small-gauge needle. (Acquisitions).(Brief Article)
July 1, 2002... * Onux Medical (Hampton, New Hampshire) has acquired Shape Medical, a company that has developed a platform technology that enables metallic memory sutures to be delivered through a small-gauge needle. Onux said it plans to commercialize and...

Radiance Medical Systems (Irvine, California) said a special meeting of its shareholders approved the acquisition of Endologix (also Irvine). (Acquisitions).(Brief Article)
July 1, 2002... * Radiance Medical Systems (Irvine, California) said a special meeting of its shareholders approved the acquisition of Endologix (also Irvine). The combined company, which will be named Endologix, will focus on the development and marketing of...

Pact builds new space in valve replacement. (Business Developments).(agreement between Percutaneous Valve Technologies and 3F Therapeutics)
July 1, 2002... Just as heart disease continues undiminished, so do the opportunities for mining new therapeutic sectors in the cardiovascular arena. Such an opportunity is being developed through the recent agreement between Percutaneous Valve Technologies...

Angiotech Pharmaceuticals (Vancouver, British Columbia) has granted a two-year license extension to its corporate partner, Cook (Bloomington, Indiana). (Agreements).(Brief Article)
July 1, 2002... * Angiotech Pharmaceuticals (Vancouver, British Columbia) has granted a two-year license extension to its corporate partner, Cook (Bloomington, Indiana), essentially identical in nature to that provided to its other corporate partner, Boston...

Corgenix Medical (Denver, Colorado) said it has dropped its plan to acquire Affinity Biologicals (Hamilton, Ontario) and instead will form a partnership with that firm in the area of vascular disease diagnostics. (Agreements).(Brief Article)
July 1, 2002... * Corgenix Medical (Denver, Colorado) said it has dropped its plan to acquire Affinity Biologicals (Hamilton, Ontario) and instead will form a partnership with that firm in the area of vascular disease diagnostics. Douglas Simpson, president of...

Toshiba America Medical Systems (TAMS; Tustin, California) has been awarded a contract from the Veterans Affairs National Acquisition Center (VANAC) to supply diagnostic X-ray and vascular systems to VA Medical Centers, clinics and other federal agencies. (Agreements).(Brief Article)
July 1, 2002... * Toshiba America Medical Systems (TAMS; Tustin, California) has been awarded a contract from the Veterans Affairs National Acquisition Center (VANAC) to supply diagnostic X-ray and vascular systems to VA Medical Centers, clinics and other...

Zoll Medical (Burlington, Massachusetts), a manufacturer of noninvasive cardiac resuscitation devices, and GE Medical Systems Information Technologies (GEMSIT; Milwaukee, Wisconsin), have signed an exclusive multi-year distribution agreement for the sale of the new Zoll AED Plus automated external defibrillator (AED) to physicians' offices and clinics throughout the U.S. (Agreements).(Brief Article)
July 1, 2002... * Zoll Medical (Burlington, Massachusetts), a manufacturer of noninvasive cardiac resuscitation devices, and GE Medical Systems Information Technologies (GEMSIT; Milwaukee, Wisconsin), have signed an exclusive multi-year distribution agreement...

Docs: diabetes a key risk factor for CVD. (Market Updates).(cardiovascular disease)
July 1, 2002... While the general public probably has become increasingly aware of the key roles played by high blood pressure, high cholesterol smoking and obesity in cardiovascular disease, they are less likely to understand the role of diabetes as a...

Corazon Technologies. (Personnel File).(Geoffrey Dillon named chief operating officer)(Brief Article)
July 1, 2002... * Geoffrey Dillon has been named chief operating officer of Corazon Technologies (Menlo Park, California). He has been executive vice president of the company since January, prior to which he was vice president of global sales and marketing at...

Heartlab. (Personnel File).(four staff members elected to management positions)(Brief Article)
July 1, 2002... * Four staff members of Heartlab (Westerly, Rhode Island) have been named to management positions within the company. Richard Petrocelli, chief operating officer and chief legal counsel, has been named president. Matthew Aitkenhead, a software...

HeartStent. (Personnel File).(Robert Emery appointed medical director)(Brief Article)
July 1, 2002... * Robert Emery, MD, has been appointed medical director of HeartStent (Minneapolis, Minnesota), an emerging medical device company developing ventriculocoronary perfusion products and procedures for minimally invasive treatment of coronary...

Quinton Cardiology Systems. (Personnel File).(Mike Matysik named senior vice president and chief financial officer)(Brief Article)
July 1, 2002... * Mike Matysik has been named senior vice president and chief financial officer for Quinton Cardiology Systems (Bothell, Washington). Matysik formerly was executive vice president and chief financial officer of DMX Music. Quinton Cardiology is...

Trial data positive on revelation TX for AF. (Product Pipeline).(atrial fibrillation treatment trial data raport)
July 1, 2002... Cardima (Fremont, California) reported preliminary data from its Revelation Tx Phase III trial for the treatment of atrial fibrillation (AF), indicating that 97% of patients had a greater than or equal to 50% reduction in AF episodes, and 50%...