Financial Results, Patent Issues, Listing Transfers, Acquisitions, and Healthcare Conference Schedules - Research Report on Smith & Nephew, Align, Stereotaxis, Wright, and Volcano
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NEW YORK, August 30, 2013 /PRNewswire/ --
Today, Investors' Reports announced new research reports highlighting Smith & Nephew plc (NYSE: SNN), Align Technology, Inc. (NASDAQ: ALGN), Stereotaxis, Inc. (NASDAQ: STXS), Wright Medical Group, Inc. (NASDAQ: WMGI), and Volcano Corporation (NASDAQ: VOLC). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Smith & Nephew plc Research Report
On August 1, 2013, Smith & Nephew plc (Smith & Nephew) reported Q2 FY 2013 financial results (period ended June 29, 2013). In Q2 FY 2013, the Company achieved revenue of $1.1 billion, up 4.4% YoY. The Company also reported adjusted EPS of 18.0 cents, up 0.6% YoY, and basic EPS of 14.3 cents, down 55.9% YoY, during the quarter. "The on-going implementation of our Strategic Priorities underpinned our performance in the quarter. We generated stand-out contributions from our areas of focused investment in the Emerging and International Markets and Negative Pressure Wound Therapy. As expected Orthopaedic Reconstruction had a slow quarter and we anticipate a better second half," said Olivier Bohuon, CEO of Smith & Nephew. The Full Research Report on Smith & Nephew plc - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-28/SNN]
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Align Technology, Inc. Research Report
On August 26, 2013, Align Technology, Inc. (Align) announced the enforcement of permanent injunctions granted by a patent chamber of the District Court of Dusseldorf in the Federal Republic of Germany against Ortho Caps GmbH (Ortho Caps) and Rasteder KFO Spezial-Labor GmbH (Rasteder KFO). According to the Company, the District Court's decision comes in response to patent infringement lawsuits filed by Align against both Ortho Caps and Rasteder KFO in December 2011, asserting that both have infringed Align's patents by making, offering to sell, and selling their respective clear aligner therapy systems in Germany. Align further informed that the permanent injunctions were based on the Dusseldorf Court's finding that Ortho Caps and Rasteder KFO have separately infringed the German parts of European Patents EP 2 263 599, EP 2 263 598, EP 1 369 091 as well as EP 1 143 872. The Full Research Report on Align Technology, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-28/ALGN]
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Stereotaxis, Inc. Research Report
On August 16, 2013, Stereotaxis, Inc. (Stereotaxis) announced that the NASDAQ Listing Qualifications Panel on August 15, 2013 has granted approval to the Company's request to transfer its listing to The NASDAQ Capital Market from The NASDAQ Global Market. The Company further reported that pursuant to the approval, Stereotaxis' securities will trade on the NASDAQ Capital Market with effect from August 19, 2013. The Full Research Report on Stereotaxis, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-28/STXS]
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Wright Medical Group, Inc. Research Report
On August 21, 2013, Wright Medical Group, Inc. (Wright) announced that it will participate in the Baird 2013 Health Care Conference, to be held at the New York Palace Hotel in New York, on Wednesday, September 11, 2013. Wright's CFO Lance Berry will represent the Company at the conference at 11:25 a.m. ET. In other news dated August 20, 2013, the Company announced that it will participate in the Morgan Stanley Global Healthcare Conference to be held at the Grand Hyatt Hotel on September 10, 2013 in New York. Wright's President and CEO Robert Palmisano will present on behalf of the Company on the scheduled date at 8:35 a.m. ET. The Full Research Report on Wright Medical Group, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-28/WMGI]
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Volcano Corporation Research Report
On August 26, 2013, Volcano Corporation (Volcano) announced that it has signed an agreement to acquire the Pioneer Plus diagnostic ultrasound transducer and percutaneous catheter from Medtronic, Inc. (Medtronic). According to the Company, the transaction is structured as an asset purchase and it expects the deal to close by the end of August 2013, subject to customary closing conditions. "With the completion of this transaction, the Pioneer Plus device will represent a further expansion of our peripheral therapeutics product line," said Scott Huennekens, President and CEO of Volcano. Huennekens continued, "At the end of 2012, we acquired the Crux Vena Cava Filter (VCF) System, a highly differentiated inferior vena cava (IVC) filter. We are readying a full market launch for the Crux device in the first half of 2014, while continuing our development program to combine our IVUS technology with the Crux VCF System." The Full Research Report on Volcano Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-28/VOLC]
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