The Latest Medical Devices Articles from Streetwise Reports


Telemedicine Tech Firm Poised to Generate $11 Million of Revenue

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Reliq Health Technologies signs contracts with three new clients for its proprietary remote healthcare delivery and care tracking platform, which has particularly significant implications during the era of the COVID-19 pandemic. read more >

Medical Device Company's Improved Fundamentals Offer Multiple Expansion Potential

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ROTH Capital Partners LLC commented in a research report that it is maintaining its "Buy" rating and raising its FY/22 revenue estimates for Dynatronics Corp. to $41 million after the firm pre-announced Q4/21 revenue figures that exceeded prior estimates. read more >

Third Implantation of Device Firm's Total Artificial Heart That 'Could Save Many Patients Who May Die'

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An H.C. Wainwright & Co. report noted that Carmat's Aeson implant "could save many patients who may die, due to [a] shortage of donor hearts, while waiting for a heart transplant." read more >

Dermatological Device Company to Acquire Laser System Firm

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An H.C. Wainwright report noted that "this deal is an opportunity for STRATA Skin Sciences to substantially increase its long-term, recurring revenue base." read more >

Diagnostics Firm Readies for Pivotal FDA Study of Device That Detects Bacterial Lung Infections

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Promising early results and a new line of equity support Avisa Diagnostic’s drive for IDE approval of its rapid-response breath test for pneumonia, TB, CF, and other lung ailments. read more >

STAAR Shares Burst Higher after Firm Posts 77% Increase in Q2 Net Sales and Raises FY Outlook

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Shares of STAAR Surgical Co. traded 20% higher after the company reported Q2/21 financial results highlighting a 93% YoY increase in net sales of its Implantable Collamer® Lenses. read more >

Coverage Initiated on Company with a 'Genuine Physiological Heart Replacement Therapy'

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The investment thesis for the device company Carmat, whose therapy "allows patients to live with almost normal quality of life," is presented in an H.C. Wainwright & Co. report. read more >

Biopharma Partners with NIH to Advance Women's Hormone-Free Contraceptive

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A Roth Capital Partners report calls this a "very cost-effective and strategic move" for Daré Bioscience. read more >

Zynex Shares Rise as Firm Notches Significant Q2 Order Growth and Raises EBITDA Outlook

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Zynex Inc. shares traded 10% higher after the electrotherapy medical device maker reported a 247% YoY growth in orders during Q2/21 and raised the range for its EBITDA estimates in the quarter by $1.2 million. read more >

Pulse Bio Shares Beat Higher on Launch of CellFX NPS System in Canada

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Pulse Biosciences shares traded 27% higher after the company announced it secured a $50 million private placement one day after it reported the first CellFX® procedure using its proprietary Nano-Pulse Stimulation technology had been performed in Canada. read more >

Second Sight Shares Shine Brightly After Firm Posts Orion Study Results

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Second Sight Medical Products Inc. shares traded 25% higher after the company reported the results from a two-year study of its Orion Visual Cortical Prosthesis System. read more >

AbbVie's Allergan Aesthetics to Acquire Soliton for $550 Million

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Soliton Inc. shares traded 25% higher after the company reported it had agreed to be acquired by AbbVie Inc.'s Allergan Aesthetics for $22.60 per share in an all cash transaction. read more >

CryoLife Shares Trade 18% Higher on Q1 Financial Results

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Shares of CryoLife Inc. set a new 52-week high intraday price after the company reported that total revenues in Q1/21 increased by 7% YoY to $71.1 million. read more >

Nano-X Imaging Receives Go Ahead from FDA for Single Source Digital X-Ray

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Shares of Nano-X Imaging Ltd. traded 17% higher after the company reported that the FDA has granted 510(k) approval for its single source ARC digital x-ray. read more >

Shockwave Medical Reports 100% Increase in Preliminary Q1 Revenue

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Shockwave Medical Inc. shares gained 19% after the company announced that sales of its recently launched C2 Coronary IVL System are growing steadily and are driving revenue growth. read more >
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