1. Volcano Corporation Estimates Regulatory Approval for its OCT Cardiology System in 2011 but Potential Engineering, Regulatory, and Legal Issues Remain

    Explore Article Optical Coherence Tomography News (Jul 31 2010)

    Volcano Corporation Estimates Regulatory Approval for its OCT Cardiology System in 2011 but Potential Engineering, Regulatory, and Legal Issues Remain ...d had European and Japanese approvals even before that. Following two corporate acquisitions (CardioSpectra and Axsun Technology), Volcano now has over three years of OCT development under its belt and it is...... relationship with Lightlab on 1/11/09. Eric Swanson was a paid consultant and equity holder of Axsun Technologies but no longer owns any equity and ceased any official relationship with Axsun on 1/11/09. Eric ... (Read Full Article)

    Comment on Article Mentions:   LightLab Imaging   Axsun Technologies   Daniel J. Starks

  2. Volcano Reports 44 Percent Increase in Fourth Quarter Revenues

    Explore Article PR Newswire (Mar 3 2010)

    Volcano Reports 44 Percent Increase in Fourth Quarter Revenues ...n the fourth quarter a year ago. Revenues for the fourth quarter of 2009 included $5.8 million from Axsun Technologies, Inc., which Volcano acquired in the fourth quarter of 2008, and contributed $578,000 in revenues i......-process research and development charges of $14.0 million resulting from milestones related to the CardioSpectra, Inc. and Novelis, Inc. acquisitions. Excluding stock-based compensation expense of $2.7 millio... (Read Full Article)

    Comment on Article Mentions:   Axsun Technologies   Volcano   Scott Huennekens

  3. Volcano Reports 22 Percent Increase in Third Quarter Revenues

    Explore Article ptca.org (Nov 6 2009)

    Volcano Reports 22 Percent Increase in Third Quarter Revenues ...lion in the third quarter of 2008. Revenues for the third quarter of 2009 include $4.6 million from Axsun Technologies, Inc., which Volcano acquired at the end of 2008, and for which the company recorded no revenues in......09. Excluding in-process research and development costs of $12.4 million related to the Novelis and CardioSpectra transactions, $2.9 million in due diligence, legal and accounting expenses related to an acquisitio... (Read Full Article)

    Comment on Article Mentions:   Axsun Technologies   Volcano   Scott Huennekens

  4. Volcano Posts Q3 Loss; Backs FY09 View; Makes $11M milestone payment to Cardiospectra

    Explore Article RTTNews (Nov 5 2009)

    ... year's revenues of $44.1 million. Revenues for the third quarter of 2009 include $4.6 million from Axsun Technologies, Inc., which Volcano acquired (RTTNews) - Volcano Corporation (VOLC: News ) reported a third-quar......3, if it is required to make a milestone payment of approximately $11.0 million, relating to former CardioSpectra stockholders, and record a one-time charge to in-process research and development. The Street curre... (Read Full Article)

    Comment on Article Mentions:   Volcano   Axsun Technologies   CardioSpectra

  5. Volcano Reports 22 Percent Increase in Third Quarter Revenues

    Explore Article Reuters.com (Nov 5 2009)

    ...9. Excluding in-process research and development costs of $12.4 million related to the Novelis and CardioSpectra transactions, $2.9 million in due diligence, legal and accounting expenses related to an acquisit......lion in the third quarter of 2008. Revenues for the third quarter of 2009 include $4.6 million from Axsun Technologies, Inc., which Volcano acquired at the end of 2008, and for which the company recorded no revenues in... (Read Full Article)

    Comment on Article Mentions:   Axsun Technologies   Siemens   Volcano

  6. Lightlab Imaging, Axsun Technologies, and Volcano Corporation in Legal Dispute

    Explore Article Optical Coherence Tomography News (Mar 12 2009)

    Lightlab Imaging, Axsun Technologies, and Volcano Corporation in Legal Dispute ... 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 Ja......is based on technology licensed from the University of Texas and Dr. Thomas Milner, a co-founder of CardioSpectra. On May 27, 2008, Lightlab Volcano Corporation's recent Securities and Exchange Commission 10-k ... (Read Full Article)

    Comment on Article Mentions:   LightLab Imaging   Axsun Technologies   Scott Huennekens

  7. Volcano Reports Full Year Revenues Increase 31 Percent

    Explore Article news.prnewswire.com (Feb 17 2009)

    ...re in-process research and development charges of $26.2 million related to Volcano's acquisition of CardioSpectra, Inc., that was completed in December 2007. Weighted average shares for the fourth quarter of 2008 ......d product development programs, clinical trials and regulatory activities. Revenues attributable to Axsun Technologies, Inc., which the company acquired at the end of 2008 and will operate as a wholly-owned subsidiary,... (Read Full Article)

    Comment on Article Mentions:   Axsun Technologies   CardioSpectra   Scott Huennekens

  8. Volcano Corporation Makes Big Bets on Optical Coherence Tomography: Projects OCT Cardiology & Related Markets At More Than $1B

    Explore Article Optical Coherence Tomography News (Jan 17 2009)

    Volcano Corporation Makes Big Bets on Optical Coherence Tomography: Projects OCT Cardiology & Related Markets At More Than $1B ...r 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 addi......stin) 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 performanc... (Read Full Article)

    Comment on Article Mentions:   Axsun Technologies   Volcano   CardioSpectra

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