1. Articles in category: Other Business News

    937-960 of 1034 « 1 2 ... 37 38 39 40 41 42 43 »
    1. Lightlab Imaging, Axsun Technologies, and Volcano Corporation in Legal Dispute

      Lightlab Imaging, Axsun Technologies, and Volcano Corporation in Legal Dispute
      Volcano Corporation's recent Securities and Exchange Commission 10-k filing announced a suit by Lightlab Imaging against Axsun Technologies and Volcano Corporation. Some background information that may be relevant to this court case: On January 7, 2009 Lightlab Imaging filed suit against Axsun Technologies and Volcano Corporation in the Business Litigation Section of the Superior Court of Massachusetts. On December 10, 2007, Volcano, a leading supplier in Intravascular Ultrasound (IVUS) equipment acquired startup company CardioSpectra for ~$55M ($25M plus an additional ~$30M earnout). According to the press release, "CardioSpectra's unique OCT imaging system is expected to complement Volcano's ...
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    2. Volcano & Axsun Sued by Lightlab Imaging

      Volcano & Axsun Sued by Lightlab Imaging
      On January 7, 2009, LightLab Imaging Inc., or LightLab, filed a complaint against Volcano and its wholly-owned subsidiary, Axsun, in the Superior Court of Massachusetts, Suffolk County, seeking injunctive relief and unspecified damages. LightLab’s complaint alleges that Volcano interfered with LightLab’s development and supply agreement with Axsun and its advantageous business relationship with Axsun, engaged in unfair competition, engaged in unfair or deceptive acts or practices and engaged in misappropriation and wrongful use of LightLab’s confidential information and trade secrets. LightLab’s complaint alleges that Axsun breached its development and supply agreement with LightLab, breached the implied ...
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    3. Lantis Laser CEO to Appear On AOL Finance Small Cap Show Produced by Agoracom

      Lantis Laser CEO to Appear On AOL Finance Small Cap Show Produced by Agoracom
      DENVILLE, N.J., March 11, 2009 (GLOBE NEWSWIRE) -- Lantis Laser Inc. (Other OTC:LLSR.PK - News) (http://www.lantislaser.com), announced today that its President & CEO, Mr. Stan Baron, can be heard all this week on the AOL Small Cap Show produced by AGORACOM Investor Relations. Mr. Baron will be discussing the company's latest developments including making the transition from the Pink Sheets to the OTCBB; the timing of commercial rollout of its OCT (Optical Coherence Tomography) and NIR (Near Infrared Transillumination) products, and how OCT/NIR will impact the dental industry
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    4. Lantis Laser CEO to Appear On AOL Finance Small Cap Show Produced by Agoracom

      DENVILLE, N.J., March 11, 2009 (GLOBE NEWSWIRE) -- Lantis Laser Inc. (Pink Sheets:LLSR) (http://www.lantislaser.com), announced today that its President & CEO, Mr. Stan Baron, can be heard all this week on the AOL Small Cap Show produced by AGORACOM Investor Relations.
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    5. UK-based OCT and nano-imaging firms attract investment for growth

      MARCH 9, 2009--Two British companies--NanoSight Ltd. (Amesbury, UK ) and Michelson Diagnostics (Kent, UK)--say that despite the economic downturn, they have raised investment money that will fuel growth for the coming year. Michelson is a developer of optical coherence tomography (OCT) devices, and NanoSight produces a family of instruments for the visualizing and sizing nanoparticles.
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    6. Lantis Announces President's Investor Update On Strategic Achievements

      Lantis Laser Inc. (Pink Sheets:LLSR) (http://www.lantislaser.com), announced today that Stan Baron, President & CEO, released an official Update Letter to shareholders. Lantis is developing ground breaking light-based diagnostic imaging technology for application in dentistry.
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    7. Imalux® Corporation and Preventive Oncology International®, Inc. Differentiate Grades of Pre-Invasive Cervical Dysplasia with Niris Optical Coherence Tomography Imaging System

      Imalux® Corporation and Preventive Oncology International®, Inc. Differentiate Grades of Pre-Invasive Cervical Dysplasia with Niris Optical Coherence Tomography Imaging System

      Imalux Corporation and Preventive Oncology International, Inc. (POI) conducted two studies to determine the diagnostic efficacy of “real time” Optical Coherence Tomography (OCT). The first study was held in December 2007 and the second in April 2008. Both IRB-approved studies took place in China in partnership with the Peking University Shenzhen Hospital and the Renmin Hospital in Buyi-Miao Autonomous District of Guizhou Province. Two thousand (2000) women participated in the studies and approximately two thousand eight hundred (2,800) OCT images were taken and were compared to diagnostic impression and pathologic findings to determine the accuracy of OCT. The studies ...

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    8. Pioneering technology can detect glaucoma

      There are only about 30 OCT machines across the country and waiting for a hospital appointment to use the machine can be time-consuming. The machine can also detect retinal detachments, circulation disorders and even signs of diabetes. A session on the OCT and Optomap machines is not part of a routine eye test but is sometimes recommended by opticians if there is a particular concern.
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    9. Volcano Corporation Announces Webcast of February 25th Analyst Day

      SAN DIEGO, Feb. 20 /- Volcano Corporation (Nasdaq: VOLC ), a leader in the development, manufacturing and sales of products for the diagnosis and treatment of coronary and peripheral artery disease, will hold its 2009 Analyst Day on Wednesday, February 25, at the NASDAQ MarketSite in New York City. The webcast will begin at 10 a.m., Eastern Standard Time (7 a.m., Pac...
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    10. Topcon 3-D Measurement Software Granted FDA Clearance

      Topcon Medical Systems, Inc. (Paramus, NJ), has received FDA clearance for the enhanced 3D OCT-1000 TrueMap Measurement Software as an addition to the previously cleared 3D OCT-1000 Optical Coherence Tomography System, according to a company news release. The software allows users to view four layers of the retina, including the inner limiting membrane, the photoreceptor inner and outer segment junction, retinal pigment epithelium, and Bruch's membrane. In addition, the software is compatible with the Stratus 1 OCT system (Carl Zeiss Meditec, Dublin, CA). The cost of the 3D OCT-1000 TrueMap Measurement Software is included in the cost of the ...
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    11. Volcano Reports Full Year Revenues Increase 31 Percent

      FOURTH QUARTER REVENUES INCREASE 23 PERCENT SAN DIEGO, Feb. 17 /PRNewswire-FirstCall/ -- Volcano Corporation (Nasdaq: VOLC), a leader in the development, manufacturing and sales of products for the diagnosis and treatment of coronary and peripheral artery disease, today reported that revenues for the full year 2008 increased 31 percent over full year 2007 and that revenues for the fourth quarter of 2008 increased 23 percent over revenues in the fourth quarter of 2007. For the year ended December
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    12. Volcano Corporation Schedules Fourth Quarter Conference Call, Webcast

      SAN DIEGO, Feb. 6 /PRNewswire-FirstCall/ -- Volcano Corporation (Nasdaq: VOLC), a leader in the development, manufacturing and sales of products for the diagnosis and treatment of coronary and peripheral artery disease, today announced that it will report is operating results for the fourth quarter and all of fiscal 2008 on Tuesday, February 17. The company will hold a conference call to discuss its financial results and operating activities open to all interested parties at 2 p.m., Pacific Stan
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    13. Michelson Diagnostics issues preliminary specs for clinical handheld OCT probe

      Michelson Diagnostics issues preliminary specs for clinical handheld OCT probe
      JANUARY 26, 2009--Michelson Diagnostics (London, UK) has issued a preliminary specification for its clinical optical coherence tomography (OCT) probe and processing system, which the company demonstrated this past weekend at the SPIE's BiOS exhibition. The system, named Vivosight, will be available with two probe versions--one with X-Y scanning to enable 3D mapping of flat tissue such as skin, and the other with a rigid endoscope for internal applications.
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    14. Michelson Diagnostics singled out as high-growth company

      Uk-based Michelson Diagnostics has been singled out as a company with high growth potential by two leading investor organisations. The European Tech Tour Association held its first MedTech Tour Summit in November 2008 to bring together Europe’s most innovative medical technology companies with leading venture capitalists and leading industry professionals. Michelson Diagnostics was one of just 24 start-up companies selected from 240 candidates, by an expert panel of investors, to present at the event. The MedTech Tour Summit attracted big name US investors, including Medtronic, Johnson & Johnson, Edwards Lifesciences, and Boston Scientific, as well as US venture capitalists from ...
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    15. OPKO Receives FDA 510(k) Clearance for Spectral OCT SLO Combination Imaging System

      OPKO Health, Inc. OPK today announced that it has received 510(k) clearance from the U.S. Food and Drug Administration (“FDA”) to begin marketing in the United States its Spectral OCT SLO Combination Imaging System. Currently marketed internationally by the Company’s subsidiary, OPKO Instrumentation, LLC, the Spectral OCT SLO is the product of more than a decade of innovation in the field of combination imaging. High-resolution images are produced with inner retinal choroid and vitreous detail that allow for improved monitoring of ophthalmic disease progression or regression
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      Mentions: Optos
    16. Topcon granted FDA clearance for OCT measurement software

      Paramus, NJ—Topcon Medical Systems has received FDA clearance for its enhanced 3D optical coherence tomography (OCT) measurement software (OCT-1000 TrueMap) as an addition to its previously cleared OCT system (3D OCT-1000), according to a prepared statement. The software, according to the company, is designed to allow physicians to visualize four layers of the retina: the inner limiting membrane, the IS/OS junction, the retinal pigment epithelium, and Bruch’s membrane. The software also can import and read data from a time-domain OCT device (Stratus, Carl Zeiss Meditec).
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    17. Volcano Corporation Makes Big Bets on Optical Coherence Tomography: Projects OCT Cardiology & Related Markets At More Than $1B

      Volcano Corporation Makes Big Bets on Optical Coherence Tomography: Projects OCT Cardiology & Related Markets At More Than $1B
      Volcano Corporation, a leading company in the IVUS, seems to be a big believer in the OCT cardiology market and is backing that belief with big bets. Last year Volcano acquired CardioSpectra (a 2 year old startup company out of the University of Texas at Austin) for $63M ($25M plus an additional $38M earn out). See article. More recently Volcano acquired Axsun Technologies (a leading company in micro-optical systems technology) for $21.5M mainly for their high performance compact swept-source laser. See article. A laser their main OCT competitor Lightlab Imaging (a leading company in the OCT space) claimed to ...
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    18. OCT will be a draw at show

      Zeiss, Grafton, Haag Streit and Topcon will exhibit their latest scanners, which enable practices to provide in-depth pre-screening and clinical care for charges of between £25 and £150 for a four-minute procedure. Andy Yorke, managing director of Topcon said: 'The ability to look beyond the retinal surface into the sub-retinal layers presents us with diagnostic opportunities not seen before and provides the clinician with the ability to detect eye diseases much earlier.'
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    19. Michelson Diagnostics Release Preliminary Specifications for Clinical Hand-Held OCT Probe

      Michelson Diagnostics Release Preliminary Specifications for Clinical Hand-Held OCT Probe
      Michelson Diagnostics has issued a preliminary specification for its clinical Optical Coherence Tomography (OCT) probe and processing system, which the company says is planned for launch in late spring 2009. The new OCT system has been given the name ‘Vivosight’. Preliminary specifications for the new release can be seen here. Two variants of the new Vivosight probe are specified, one is a version with X-Y scanning, to enable 3D mapping of flat tissue such as skin, and the other is a version equipped with a rigid endoscope, suitable for internal applications. The unique multi-beam design provides double the image resolution ...
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    20. LightLab's cardiac OCT progress sets stage for new developments

      JANUARY 7, 2009--LightLab Imaging (Westford, MA), producer of optical coherence tomography (OCT) systems for diagnosing and treating heart disease, reports installation of >300 OCT systems in 20 countries, a 45% increase in per-system catheter use, >10,000 imaging procedures performed, and status as "the only reimbursed intravascular OCT imaging product in the world." The company will soon announce a major clinical study in the US.
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    21. Lightlab Imaging Leads Global Advancement of Intracoronary Imaging

      Finishes 2008 with More Than 300 Systems in 20 Countries and a 45% Increase in Per-System Catheter Utilization. Total OCT Image Procedures Performed Surpass 10,000 Westford, MA, January 5, 2009 -- LightLab Imaging Inc. today announced several important developments in the field this past year that
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    22. OCT market on track despite recession

      A year ago, Greg Smolka predicted that the market for optical coherence tomography (OCT) would keep growing, passing the $800 million mark by 2012. And then the recession swooped in. Not to worry, says Smolka, vice president of the industrial, military and space business unit at Vectron International in Hudson, N.H. He authored a comprehensive market report on OCT technology titled “Optical Coherence Tomography – Technology, Markets, and Applications: 2008-2012” in February 2008. But he doesn’t think today’s economic downward spiral will kill the OCT market.
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    937-960 of 1034 « 1 2 ... 37 38 39 40 41 42 43 »
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