Today, we would like to share with you a biotech company from Georgia – CryoLife , which is doing interesting work in the area of Cardiovascular Medical Devices and Tissues.
CryoLife Inc. (NYSE:CRY) is engaged in medical device manufacturing and distribution, and in the processing and distribution of implantable human tissues for cardiac and vascular surgeries. The Company operates in two segments: Medical Devices and Preservation Services.
- The Medical Devices segment sells BioGlue, BioFoam, PerClot, CardioGenesis cardiac laser therapy, Hemodialysis Reliable Outflow (HeRO) Graft, and ProCol Vascular Bioprosthesis (ProCol).
- The Preservation Services segment preserves cardiac and vascular tissues. The Company’s surgical sealants and hemostats include BioGlue Surgical Adhesive (BioGlue), BioFoam Surgical Matrix (BioFoam), and PerClot, an absorbable powdered hemostat, which the Company distributes internationally for Starch Medical, Inc. (SMI). Its CardioGenesis cardiac laser therapy product line includes a laser console system and single-use, fiber-optic handpieces. Continue reading CryoLife Inc – Cardiovascular Medical Device Company
FOR IMMEDIATE RELEASE – December 7, 2016 – LAKELAND, Fla – Publix Super Markets is issuing a voluntary recall for certain Publix Premium Pancake and Waffle Mixes after being informed by the supplier that milk powder used as an ingredient may contain Salmonella.
The mixes were sold at Publix stores in Florida, Georgia, Alabama, South Carolina, Tennessee and North Carolina. All lot codes of the following items are affected by this recall:
Item Description Size GTIN
Publix Premium Banana-Flavored Chocolate Chip Pancake& Waffle Mix 16 Oz. 4141503503
Publix Premium Pumpkin Pancake & Waffle Mix 16 Oz. 4141503703
Publix Premium Blueberry Flavored Pancake & Waffle Mix 16 Oz. 4141503603
Salmonella is a bacterium that can cause diarrhea, fever, and abdominal cramps and most individuals recover without treatment. In some cases, diarrhea may be so severe that the patient needs to be hospitalized. The elderly, infants, and those with impaired immune systems are more likely to have a severe illness. Continue reading Publix Recalls Publix Premium Pancake and Waffle Mixes Due To Possible Salmonella Contamination
Pfizer announced $14 billion deal for cancer drug developer Medivation. The offer price of $81.50 per share in cash, is a 21 percent premium to Medivation share closing price of Friday, and is significantly higher than the $52.50 per share offered earlier this year by French competitor Sanofi.
Nasdaq Biotechnology Index ETF (IBB) gained more than 2 percent Monday morning, for its best performance in almost a month. Biotech stocks have been languishing for last few months for a variety of reasons. After Medivation, which was trading up about 20 percent, it was led by Regeneron, Incyte, Celgene and BioMarin — themselves all potentially targets of takeover speculation, whether or not they are actually targets for takeovers. Celgene is also, and more frequently, cited as a potential buyer. Reference: CNBC article