Valeant Pharmaceuticals To Acquire Synergetics USA

LAVAL, Quebec, Sept. 2, 2015  Valeant Pharmaceuticals International, Inc. (NYSE: VRX and TSX: VRX) today announced that its affiliate has entered into a definitive agreement under which Valeant will acquire Synergetics USA, Inc. (NASDAQ:SURG ) for $6.50 per share in cash. In addition to the upfront cash payment, Synergetics stockholders will receive additional cash payments of up to $1.00 per share if specified sales milestones are achieved following the closing.  The transaction is expected to close in the fourth quarter of 2015 and is subject to customary closing conditions and regulatory approvals.

"The addition of Synergetics' portfolio of instruments and devices will further enhance Bausch + Lomb's presence around the world in the rapidly evolving field of vitreoretinal surgery," stated J. Michael Pearson, chairman and chief executive officer of Valeant.  "We are committed to delivering a valuable and broad array of surgical devices and instruments to serve the needs of the surgical retina community and their patients."

Stereotaxis Awarded U.S. Patent Covering Transmission of Data for Odyssey(R) Solutions

ST. LOUIS, Sept. 1, 2015 -- Stereotaxis, Inc. (STXS), a global leader in innovative technologies for the treatment of cardiac arrhythmias, today announced that the U.S. Patent and Trademark Office issued U.S. Patent No. 9,111,016 to the Company entitled "Management of Live Remote Medical Display." This patent allows for the future development of features within the Odyssey(R) Information Management Solution that optimize data transmission across a network to a high-resolution display facilitating the management of medical procedures.

"We are pleased to receive this strategic patent, which could variously be applied to data generated when performing many different types of procedures within hospitals," said William C. Mills, Stereotaxis Chief Executive Officer. "As the amount of high-resolution video, imaging, and graphics being transmitted across hospital networks continues to grow, the ability to optimize and manage bandwidth usage becomes increasingly important.

Westmead Hospital Research Provides Significant Data Supporting the Ablation Effectiveness of Stereotaxis Magnetic Navigation

ST. LOUIS, Aug. 27, 2015  -- Stereotaxis, Inc. (STXS) and Westmead Hospital in Australia today announced findings of a recent study comparing the stability of a Niobe(R) remote magnetic navigation system catheter group and a manually controlled catheter group in a validated cardiac wall motion simulator.

"The Niobe system has long demonstrated an enhanced safety profile in comparison to conventional ablations, but its efficacy with lesion creation in highly mobile cardiac regions has not been adequately studied," said Pramesh Kovoor, M.D., Ph.D., Director of Cardiac Services at Westmead Hospital and Associate Professor at the University of Sydney. "We were pleasantly surprised with the results of our research, which provided strong evidence of faster, deeper lesion formation utilizing the Niobe system, due to constant catheter contact in the presence of simulated heart wall motion. As a practitioner, this translates into the potential for more precise, effective ablations in unstable regions of the heart, which could lead to improved patient outcomes and shorter procedure times."

BioLife Solutions Customer TiGenix Phase 3 Clinical Trial Meets Primary Endpoint

HypoThermosol® Cell Storage/Shipping Media to be Used in Commercial Manufacturing of Allogeneic Expanded Stem Cells for Complex Perianal Fistula in Crohn's Disease Patients

BOTHELL, Wash., Aug. 31, 2015 -- BioLife Solutions, Inc. (BLFS), the leading developer, manufacturer and marketer of proprietary clinical grade cell and tissue hypothermic storage and cryopreservation freeze media and a related cloud hosted biologistics cold chain management app for smart shippers ("BioLife" or the "Company"), today announced that its customer TiGenix NV, an advanced biopharmaceutical company focused on developing and commercializing novel therapeutics from its proprietary platforms of allogeneic expanded stem cells, recently disclosed that its lead compound Cx601 met the primary endpoint in the Phase III ADMIRE-CD trial of complex perianal fistula in Crohn's Disease patients.

Accuray Awarded Multi-System Order by 21st Century Oncology

SUNNYVALE, Calif., Aug. 21, 2015  -- Accuray Incorporated (ARAY) announced today it has received a multi-system order from 21st Century Oncology for one CyberKnife® M6™ and four TomoHDA™ Systems. These are the latest generation CyberKnife and TomoTherapy Systems, and are used worldwide to provide extremely precise radiation treatments for cancerous and non-cancerous tumors throughout the body. The TomoTherapy Systems will replace conventional linear accelerators in single vault freestanding centers, reinforcing the TomoTherapy's value as a mainstream radiation therapy device. Accuray booked the order in its first fiscal quarter of 2016.

"This latest transaction by 21st Century is the most recent example of a multiple unit order for Accuray systems," said Joshua H. Levine, president and chief executive officer of Accuray. "Whether clinicians choose to order both the CyberKnife and TomoTherapy Systems or multiple units of a single system, we believe these orders speak to the high degree of flexibility and precision our systems provide and growing market interest in our customer-driven solutions."

Videos / Webinars

View all videos

Stockjunction Members

View All Members