Stem cell therapy firm Aldagen withdraws plans for $80M IPO

Stem cell therapy company Aldagen is pulling back on its plans for an initial public stock offering.The Durham, North Carolina-based company said in a Tuesday filing with the Securities and Exchange Commission that it is withdrawing its IPO plans “due to market conditions.” The company in 2009 filed a registration statement seeking to raise more [...]

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SpineForm raising $1M for scoliosis device

SpineForm has raised more than half of a hoped for $1 million to further development of a scoliosis-treating medical device.The company has raised $539,000 in equity from 14 investors, according to a regulatory filing with the U.S. Securities and Exchange Commission (SEC).The latest SEC document is an amendment to a filing from last year in [...]

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Nascent Surgical raises $200,000 for smoke filtering device

Nascent Surgical LLC raised $223,000 from the sale of equity, according to documents filed with the Securities and Exchange Commission.

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Boston Scientific inherits Guidant’s $525 million tax bill

The Internal Revenue Service wants Boston Scientific to pony up $525.1 million plus interest on back taxes owed by BSX subsidiary Guidant Corp.

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SEC charges duo with insider trading of medical companies’ stocks

The Securities & Exchange Commission charges Brett Cohen and David Meyers in an alleged insider trading scheme involving shares of Exact Sciences Corp. and Sequenom Inc. that netted more than $600,000.The federal Securities & Exchange Commission charged a Baltimore business consultant and his uncle in Cleveland of an insider trading scheme that netted the pair [...]

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Minnesota device maker BridgePoint Medical raises $1m

BridgePoint Medical Inc. has raised $1 million from the sale of debt and stock warrants, according to documents filed with the Securities and Exchange Commission.The company, based in Plymouth, Minnesota, is developing balloon catheter system to treat chronic coronary and peripheral total occlusions, a condition in which clots frequently clog blood vessels.Last year, European regulators [...]

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Boston Scientific cuts lost sales figures

Expanded earnings filings with the Securities and Exchange Commission show Boston Scientific Corp. trimming estimates of lost sales by $200 million.Officials at Boston Scientific Corp. (NYSE:BSX) revealed that a snafu with the U.S. Food & Drug Administration, which led to a month-long suspension of ICD sales last spring will cost the company $300 million in [...]

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Epocrates to try $75 million IPO again

Epocrates, a developer of mobile drug reference tools, registers for a $75 million initial public offering — again.Epocrates Inc. plans to go public — again.The company last week filed for an initial public offering that could bring in as much as $75 million, according to a Securities & Exchange Commission filing. [...]

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DOJ looks into Oracle buyout of Phase Forward

The U.S. Dept. of Justice is investigating Oracle Corp.’s proposed $685 million buyout of Phase Forward Inc.The U.S. Dept. of Justice is investigating Oracle Corp.’s (NSDQ:ORCL) $685 million bid to acquire Phase Forward Inc. (NSDQ: PFWD), according to a filing with the Securities and Exchange Commission.The Waltham, Mass.-based clinical trial data management [...]

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Wisconsin’s Superior Health Linens raises $1.5M for hospital laundry services

Health care laundry company Superior Health Linens LLC has raised $1.5 million in equity, according to a regulatory filing.

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