Proteor acquires Freedom Innovations’ prosthetics assets, Bringing strep tests into the home in the new telehealth era, Neocis raises $72M for Yomi robotic dental implant aid. Given the $49.50 average price target, shares could soar 150% in the next year. Notably, Medtronic announced that Geoff Martha, the current executive vice president (EVP) of the company’s Restorative Therapies Group (RTG), will take over the reins effective Apr 27, 2020. I don't pick stocks on politics, but was shocked to see how a majority of our Action Alerts PLUS holdings would perform if Joe Biden wins the White House. Meanwhile, Brett Wall, the present senior vice president and president of RTG’s Brain Therapies division, will be appointed as EVP and group president of RTG in November 2019. “The Board is extremely grateful to Omar for his outstanding leadership — as the company’s annual revenues have doubled and its market capitalization has increased by more than $100 billion during his tenure,” said Scott Donnelly, Medtronic’s lead director and CEO of Textron Inc. “We are confident Omar’s contributions to Medtronic will continue as executive chairman.”, Donnelly said Martha “has demonstrated his unique ability to lead, innovate and drive results.”, Martha said in a statement he was “humbled and grateful.”. Fast Track Designation gives PYPD an advantage in that it increases the frequency of communication with the FDA. The implant is currently being observed in a pivotal investigational device exemption study comparing it… […], Proteor USA announced that it has agreed to acquire a significant portion of Freedom Innovations’ lower limb prosthetics portfolio from Otto Bock. Today, it employs more than… […], Orchid Orthopedic Solutions (Holt, Mich.) announced this week that ConMed and Zimmer veteran Nate Folkert has taken over the corner office at the orthopedic medical device industry supplier. It should be a good Q3 earnings season, and earnings still matter.”Bearing this in mind, our focus turned to three stocks backed by Raymond James, with the firm’s analysts noting that each could skyrocket over 100% from current levels. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Contributing to his bullish stance, MRX already has a very large safety database as it has been evaluated in several studies across multiple indications (NASH, ALGS and PFIC).Additionally, the Phase 2 INDIGO study demonstrated a statistically significant pruritus improvement (ItchRO scale) in the overall PFIC2 population, as well as strong and sustained improvements in serum bile acid (sBA) level, ItchRO score, height z-score and PedsQL (quality of life metric) for 6 responder patients that all had a form of the disease characterized by non-truncating bile salt export pump (BSEP) protein. MarzAA is a next-generation SQ FVIIa designed as a potential treatment for hemophilia A or B with inhibitors, and DalcA is an SQ FIX designed for hemophilia B.“With two Phase 3-ready assets addressing a significant market opportunity and shares currently trading at an enterprise value of ~$2 million, CBIO remains substantially undervalued in our view. Geoff Martha is Chief Executive Officer of Medtronic, the world’s leading medical technology company, with $29 billion in annual revenue, more than 90,000 employees, and operations reaching more than 150 countries worldwide. The primary endpoint is prevention of deep or superficial surgical site infection, as determined by a blinded review committee within 30 days post abdominal surgery.Wilbur expects the application of D-PLEX100 locally to the wound site combined with its extended release through thousands of bilayers of polymers and lipids to yield increased efficacy and safety over the current standard of care (SoC), which usually involves an antibiotic IV before an incision.It should be noted that SHIELD I remains on track to enroll 600-900 patients across 60 centers globally, starting with centers in Israel and Europe before continuing to the U.S. “Management sees minimal anticipated impacts from the COVID-19 pandemic for this trial, and robust top line data (expected in late 2021) coupled with the benefits from the Fast Track Designation may be enough to obtain early approval for the drug,” Wilbur commented.As SHIELD II is set to initiate in late 2020, with it serving as the second potential confirmatory Phase 3 trial, Wilbur sees an exciting opportunity on the table.It should come as no surprise, then, that Wilbur sides with the bulls. (To watch Wilbur’s track record, click here)What does the rest of the Street have to say? Prior to Medtronic, Martha spent 19 years handling a variety of business development, strategic marketing and sales management roles at GE Healthcare and GE Capital. Joe Carlson writes about medical technology in Minnesota for the Star Tribune. "Translation: 'Can we put enough lipstick on this pig to lure enough gullible individual investors into this stock to prop up the price enough for insiders to dump their shares?'" Medtronic currently has a Zacks Rank #2 (Buy). Why Goldman Sachs Is Raising Tesla's Price Target, Here are five stocks to own for the 5G network buildout, Mortgage rates drop to new low, but borrowers miss the memo, Why DraftKings Stock May Be A Riskier Gamble Than You Think, Fastly Warns Third-Quarter Revenue Will Miss as TikTok Usage Comes up Short, Is GE Stock A Buy? He held one of the most difficult roles at Medtronic PLC as the head of integration and global strategic planning as the company acquired health care tech and supply company Covidien PLC in a $49 billion deal that transformed both companies, and relocated Medtronic’s legal headquarters from Minnesota to Ireland. Fuller to realign business units to respond to customers more quickly, Plymouth's Tile Shop plans to delist shares from Nasdaq, Eden Prairie's C.H. CEO Pay Ratio 238:1 Board of Directors in Medtronic plc For its 2020 fiscal year, Medtronic plc, listed the following board members on its annual proxy statement to the SEC. Every October, the Social Security Administration (SSA) announces its annual changes to the Social Security program for the coming year. Here are the Social Security changes that were announced in Oct. 2020 and take effect on Jan. 1, 2021, according to the SSA's annual fact sheet. We will remove this and make the changes needed. The acquisition of Covidien brought a raft of low-tech medical supplies like wound dressings (which were spun out to Cardinal Health as part of a $6 billion deal in 2017) along with cutting-edge products that can do things like image the insides of diseased lungs and apply an array of surgical staples. If that wasn’t enough, no clinical events were witnessed and 2 out of 7 patients came off of the transplant waiting list.Seedhouse added, “This data is further supported by natural history data from the NAPPED consortium, which shows 100% 15-year native liver survival in biliary diversion patients with sBA levels controlled to below 102µmol/L.”Everything that MIRM has going for it convinced Seedhouse to put a Strong Buy rating on the stock. Our technology will match you with the best lenders at super low rates. Investors could be pocketing a massive gain of 317%, should this target be met in the twelve months ahead. Some investors had been expecting another executive named Mike Coyle to be appointed the next CEO, since Coyle leads Medtronic’s largest business group, the Cardiac and Vascular Group, Biegelsen wrote. Medtronic CEO on new remote patient monitoring systems Geoff Martha, CEO of Medtronic, joins “Squawk Alley” to discuss the impact of coronavirus and new remote patient …

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