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Medical Equipment, Supplies & Distribution

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Japan Lifeline postpones unit merger date to April 1, 2017

Wednesday, 2 Nov 2016 12:35am EDT

Japan Lifeline Co Ltd <7575.T>: Says it will merge its unit JUNKEN MEDICAL Co Ltd on April 1, 2017 .In the previous merger plan, it says the merger effective on Jan. 1, 2017.

Well Lead Medical dissolves unit

Thursday, 20 Oct 2016 05:40am EDT

Well Lead Medical Co Ltd <603309.SS>:Says it merged and dissolved a wholly owned Guangzhou-based jewelry industrial subsidiary.

Health monitoring systems provider Sinocare halts assets restructuring

Tuesday, 18 Oct 2016 07:38am EDT

Sinocare Inc <300298.SZ> :Says it halts assets restructuring plan.

Sweden's Getinge says plans to split up business

Tuesday, 18 Oct 2016 06:59am EDT

Getinge : Further developed and focused strategy, and preparation for distribution of Patient & Post-Acute Care to shareholders of Getinge . Says Getinge has decided to focus on two business areas, Acute Care Therapies and Surgical Workflows . Says board of directors intends to propose to an extraordinary general meeting a distribution of Patient & Post-Acute Care, formerly Extended Care, to Getinge's shareholders . Says should EGM approve board's proposal, aim is to complete listing not later than during Q1 of 2018 . Says following a split, both companies will have a more concentrated focus, with more opportunities to continue to develop products and solutions to meet customer needs and thereby help solve healthcare challenges .Says financial targets for both companies will be determined and presented as part of preparation work.

Value Added Technology to merge with VATECH Global

Tuesday, 18 Oct 2016 06:14am EDT

Value Added Technology Co Ltd <043150.KQ> : Says it will merge with its wholly owned unit VATECH Global . Says merger ratio is 1:0 between the company and VATECH Global .Merger effective date is Dec. 26 and expected registered date is Dec. 29.

Kawasumi Laboratories to merge with wholly owned subsidiary

Thursday, 29 Sep 2016 02:00am EDT

Kawasumi Laboratories Inc <7703.T>: Says it will merge with its wholly owned subsidiary, which has been engaged in the manufacturing and sales of injection molding components in Oita prefecture, Japan . Effective date April 1, 2017 .Says the company will be the surviving company and the subsidiary will be dissolved.

Lombard Medical reports Q2 loss per share $0.42

Monday, 22 Aug 2016 04:00pm EDT

Lombard Medical Inc : Reports 2016 second quarter, six-month financial results and provides update on strategic initiatives . Q2 loss per share $0.42 . Q2 revenue $3.8 million versus I/B/E/S view $3.8 million . Q2 earnings per share view $-0.40 -- Thomson Reuters I/B/E/S . Board of directors has engaged Cain Brothers as its investment banker to begin a process of exploring strategic alternatives . Exploring strategic alternatives, including a potential sale of company or disposition of certain assets . Company will also be evaluating additional financing opportunities . Allocating resources to support new Altura AAA stent graft system and Intelliflex LP delivery system for Aorfix in European Union, Japan and other international markets . Due to suspension of US commercial operation, says "prudent" to amend revenue guidance for year to between $13 million and $15 million .Aorfix sales force in us has been eliminated and majority of commercial operations have transitioned to company's facility in UK.

Merit Medical reports sales up 9.4% for the quarter ended June 30, 2016

Wednesday, 27 Jul 2016 04:00pm EDT

Merit Medical Systems Inc : During upcoming quarters, we expect to complete restructuring and integration of DFINE operations . "We anticipate that we will introduce two new hero products during Q3" . Merit medical reports sales up 9.4% for the quarter ended June 30, 2016 . Q2 Non-GAAP earnings per share $0.26 . Q2 GAAP earnings per share $0.16 . Q2 revenue $151.1 million versus I/B/E/S view $147.8 million .Q2 earnings per share view $0.24 -- Thomson Reuters I/B/E/S.

Kawanishi Holdings announces merger between two units

Thursday, 30 Jun 2016 02:45am EDT

Kawanishi Holdings Inc <2689.T>: Says a Okayama-based wholly owned unit, which is engaged in selling medical equipment, will undertake a merger with another wholly owned unit, which is engaged in selling medicine and medical machines, on Jan. 4, 2017 .Says the unit engaged in selling medicine and medical machines will be dissolved after the merger.

Japan Lifeline to merge wholly owned unit JUNKEN MEDICAL Co Ltd

Tuesday, 28 Jun 2016 03:00am EDT

Japan Lifeline Co Ltd <7575.T>: Says it will merge a wholly owned unit JUNKEN MEDICAL Co Ltd on Jan. 1, 2017 .Says JUNKEN MEDICAL Co Ltd will be dissolved after the merger.

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