Cardiovascular Device Update articles from May 2002

Cardiovascular Device Update archives from May 2002

New products spur the growing role of interventional cardiology.
May 1, 2002... CDU at the American College of Cardiology, Part 1 of 2 ATLANTA, Georgia -- The interventional cardiology products market, already one of the largest and fastest-growing segments of the medical device market worldwide, is becoming...

ACC was abuzz with ICDs, but SDB was generally overlooked.(American College of Cardiology conference; implantable cardioverter defibrillators; sleep-disturbed breathing)
May 1, 2002... ATLANTA, Georgia -- While this year's American College of Cardiology (ACC; Bethesda, Maryland) scientific sessions were abuzz with clinical studies on stents and implantable cardioverter defibrillators (ICDs), there was plenty of other...

Regional variations seen in MI incidence. (Report from Europe).(heart attack incidence linked to region)
May 1, 2002... There is a clearly recognizable gradient north to south in levels of coronary incidents registered in Europe and ascribed generally to cultural and dietary variations. The highest levels of incidence of myocardial infarct (MI) have been...

CardioGenesis (Foothill Ranch, California), a developer of transmyocardial revascularization and percutaneous myocardial revascularization products, reported raising a total of $2.8 million in two separate transactions. (Acquisitions).(Brief Article)
May 1, 2002... * CardioGenesis (Foothill Ranch, California), a developer of transmyocardial' revascularization and percutaneous myocardial revascularization products, reported raising a total of $2.8 million in two separate transactions. The company received...

DuraVest (Montreal, Quebec) said it has agreed to acquire all outstanding stock of Cardio Management Systems (CMS) in exchange for 5 million shares of DuraVest's common stock. (Acquisitions).(Brief Article)
May 1, 2002... * DuraVest (Montreal, Quebec) said it has agreed to acquire all outstanding stock of Cardio Management Systems (CMS) in exchange for 5 million shares of DuraVest's common stock. The acquisition is conditional upon DuraVest being able to...

Respironics (Pittsburgh, Pennsylvania) completed its purchase of Novametrix Medical Systems (Wallingford, Connecticut), a cardiorespiratory monitoring company that will now become a subsidiary of Respironics. (Acquisitions).(Brief Article)
May 1, 2002... * Respironics (Pittsburgh, Pennsylvania) completed its purchase of Novametrix Medical Systems (Wallingford, Connecticut), a cardiorespiratory monitoring company that will now become a subsidiary of Respironics. The stock-for-stock transaction...

`Cardiovascular' out of name, not mission. (Business Developments).(Society of Cardiovascular and Interventional Radiology is now called the Society of Interventional Radiology)
May 1, 2002... The Society of Cardiovascular and Interventional Radiology (SCVIR; Fairfax, Virginia) has dropped "Cardiovascular" from its name and is now the Society of Interventional Radiology (SIR). While dropping the word from its name, the group isn't...

Boston Scientific (BSX; Natick, Massachusetts) has entered into a series of agreements with SUB-Q (San Clemente, California), a privately held company that makes vascular sealing devices. (Agreements).(Brief Article)
May 1, 2002... * Boston Scientific (BSX; Natick, Massachusetts) has entered into a series of agreements with SUB-Q (San Clemente, California), a privately held company that makes vascular sealing devices. BSX said it has made an equity investment in SUB-Q,...

Cardiac Science. (Agreements).(Brief Article)
May 1, 2002... * Cardiac Science (Irvine, California), a manufacturer of automated public access defibrillators (AEDs), said it has been selected to outfit the city of Maastricht, the Netherlands, with its new Powerheart AEDs as part of the Netherlands' first...

CardioTech International (Woburn, Massachusetts) has concluded a technology transfer and license agreement with Credent Vascular Technologies (Wrexham, UK). (Agreements).(Brief Article)
May 1, 2002... * CardioTech International (Woburn, Massachusetts) has concluded a technology transfer and license agreement with Credent Vascular Technologies (Wrexham, UK). Total consideration to be paid by Credent to CardioTech for the purchase of the...

Hemosol. (Agreements).(to increase public offering)(Brief Article)
May 1, 2002... * Hemosol (Toronto, Ontario) has agreed to increase its public offering to $22.05 million. The underwriters will purchase 4.9 million units of company securities at a price of $4.50 per unit, with each unit consisting of one Hemosol common...

Vascular Architects (San Jose, California) has entered into an exclusive agreement with NOvoVascular (also San Jose) to develop a drug delivery stent for the treatment of peripheral vascular disease. (Agreements).(Brief Article)
May 1, 2002... * Vascular Architects (San Jose, California) has entered into an exclusive agreement with NOvoVascular (also San Jose) to develop a drug delivery stent for the treatment of peripheral vascular disease. The drug, a nitric oxide generator, will...

Inflammation culprit in heart disease model. (Market Updates).
May 1, 2002... A growing body of research appears to be altering the most common model of heart disease, one that depicts what happens to the human heart as similar to what happens in an old house. That model suggests that, like an aging bungalow, the...

BioHeart. (Personnel File).(reports staff additions)(Brief Article)
May 1, 2002... * BioHeart (Weston, Florida) reported several staff additions. Brenda Jones was named director, clinical support and physician relations specialist. She previously was a physician relations specialist at Arterial Vascular Engineering, now...

CompuMed. (Personnel File).(Brief Article)
May 1, 2002... * CompuMed (Los Angeles, California) said it not renew the employment agreement with Herbert Lightstone, president and CEO, that agreement expiring May 31. Lightstone will continue to serve as CEO until then, the company said. CompuMed is the...

Guidant. (Personnel File).(Brief Article)
May 1, 2002... * Ginger Graham has stepped down as group chairman at Guidant (Indianapolis, Indiana) to become an advisor to President and CEO Ronald Dollens. She will focus on business partnerships, recruitment and Guidant's women's health initiatives, the...

Novoste. (Personnel File).(Brief Article)
May 1, 2002... * Richard diMonda has been promoted from vice president, clinical and strategic development, to vice president, scientific affairs and strategic development, at Novoste (Norcross, Georgia). Pia Mikkelsen Lynch, MD, has been named vice...

Raytel Medical. (Personnel File).(Brief Article)
May 1, 2002... * Richard Bader, CEO and a director of Raytel Medical (San Mateo, California), has resigned after his attempt to buy the company was rejected by the Raytel board in favor of a bid by Israeli firm SHL.

CORx aims at heart of cardiac surgery. (Product Pipeline).(CardioVention receives additional product development funds)
May 1, 2002... CardioVention (Santa Clara, California) last month received FDA 510(k) clearance for an improved version of the traditional heart-and-lung machine that is the workhorse of the cardiac surgery arena. The company received 510(k) clearance from...