Financial

Zimmer Biomet Announces Quarterly Dividend for Fourth Quarter of 2018

WARSAW, Ind., Dec. 12, 2018 /PRNewswire/ -- Zimmer Biomet Holdings, Inc. (NYSE and SIX: ZBH), a global leader in musculoskeletal healthcare, today announced that its Board of Directors has approved the payment of a quarterly cash dividend to stockholders for the fourth quarter of 2018. The cash dividend of $0.24 per share is payable on January 31, 2019 to stockholders of record as

By |2018-12-13T17:42:32+00:00December 13th, 2018|Financial|

EDGe Surgical Secures $4 Million in Series A Financing

December 12, 2018 CHICAGO--(BUSINESS WIRE)--EDGe Surgical, Inc., a privately held medical device company dedicated to innovative precision measurement solutions for orthopedic surgery, announced today that it has completed $4 million in financing. The Series A round includes $3 million raised plus a convertible note, bringing total funding secured by the company to $5.7 million, all

By |2018-12-13T15:08:30+00:00December 13th, 2018|Financial|

Appeals Court OKs $248m Stryker win over Zimmer Biomet

DECEMBER 12, 2018 / BY FINK DENSFORD The U.S. Court of Appeals for the Federal Circuit this week affirmed Stryker‘s (NYSE:SYK) enhanced $248 million win in a surgical tool patent case against Zimmer Biomet (NYSE:ZBH). The Federal Circuit court affirmed the judgement in a per curiam ruling dated on Monday, according to recently released court documents. The damages in the case were previously enhanced due

By |2018-12-12T18:05:11+00:00December 12th, 2018|Financial|

Institutional Investors to Pump $200B More Into Healthcare Infrastructure

By Fred Donovan December 10, 2018 - Global institutional investors are forecast to increase their investment in healthcare infrastructure by $200 billion over the next five years. For its report, the Octopus Group surveyed more than 100 global institutional investors with a total of $6.8 trillion in assets under management. The institutions said they currently allocated 6.1 percent of

By |2018-12-11T18:10:28+00:00December 11th, 2018|Financial|

The $49 billion/year of waste in healthcare spending we can solve

December 8, 2018 / Peter Nichol It is estimated that 30% of healthcare costs are lost to waste in the system. These costs get passed on to the insurer and ultimately the patients. With healthcare bills being the leading cause of personal bankruptcies in the country (60%) that 30% is the difference between solvency and destitution

By |2018-12-10T16:33:10+00:00December 10th, 2018|Financial|

Stryker increases dividend 11%, declaring a $0.52 per share quarterly dividend

December 04, 2018  Kalamazoo, Michigan, Dec. 04, 2018 (GLOBE NEWSWIRE) -- Kalamazoo, Michigan – December 4, 2018 – Stryker Corporation (NYSE:SYK) announced that its Board of Directors has declared a quarterly dividend of $0.52 per share payable on January 31, 2019 to shareholders of record at the close of business on December 31, 2018, representing

By |2018-12-04T22:55:34+00:00December 4th, 2018|Financial|

PMC board approves $7.7 million expansion of orthopedic program

December 2, 2018 / Special to the Herald Times / By DOC WATSON MEEKER, CO | The primary emphasis of the Nov. 27 Pioneers Medical Center board meeting was the future vision held by both staff and board in the areas of orthopedics as well as hospital expansion. In preparation for that discussion, Development Director Margie Joy outlined

By |2018-12-04T20:14:57+00:00December 4th, 2018|Financial|

Stryker announces pricing of €2.25 billion senior notes offering

Kalamazoo, Michigan, Nov. 27, 2018 (GLOBE NEWSWIRE) -- Stryker (NYSE:SYK) announced today that it has priced the following notes: (i) €550 million aggregate principal amount of the Company’s 1.125% Notes due 2023 (the “2023 Notes”), (ii) €750 million aggregate principal amount of the Company’s 2.125% Notes due 2027 (the “2027 Notes”), (iii) €650 million aggregate

By |2018-11-27T21:02:27+00:00November 27th, 2018|Financial|

Medicrea Announces $30 Million Senior Secured Notes Issue and a Warrants Issue wholly subscribed by Perceptive Advisors

November 27, 2018 LYON, France & NEW YORK--(BUSINESS WIRE)--The Medicrea Group (Euronext Growth Paris: FR0004178572- ALMED ; OTCQX Best Market – MRNTY & MRNTF), pioneering the transformation of spinal surgery through Artificial Intelligence, predictive modeling and patient specific implants with its UNiD™ ASI (Adaptive Spine Intelligence) proprietary software platform, services and technologies, today announced the

By |2018-11-27T20:18:12+00:00November 27th, 2018|Financial|

Verrix Completes Initial Close on $8 Million Funding Round to Advance Sterility Assurance Technology for Hospitals

November 27, 2018 SAN CLEMENTE, Calif.--(BUSINESS WIRE)--Verrix, a medical device company developing solutions for rapid and accurate sterilization confirmation, has completed an initial close on a Series B funding round for $8 million, which will bring the company’s total funds raised to $17.5 million. The Series B funding will allow the company to finalize development,

By |2018-11-27T17:18:49+00:00November 27th, 2018|Financial|