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BioWorld - Monday, July 13, 2026
Home » Topics » Medical technology

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Product Briefs

May 12, 2016

Daily M&A

May 12, 2016

Other News to Note

May 12, 2016

Keeping you up to date on recent developments in Orthopedics

May 12, 2016

To prevent abuse, China drafts new rules on administration of expensive devices

May 12, 2016
By Cornelia Zou

Senate report shines harsh spotlight on POD influence on decisions

May 12, 2016
By Liz Hollis

Appointments and advancements

May 12, 2016

Financings

May 12, 2016

Euro valuation tailwinds spur German med-tech sales surge of 11 percent to a record $32 billion

May 11, 2016
By John Brosky

Penumbra beats Q1 expectations, driven by neuro and peripheral vascular growth

May 11, 2016
By Amanda Pedersen
Revenue growth in both neurovascular and peripheral vascular products drove Penumbra Inc. to beat analyst expectations in the first quarter. The Alameda, Calif.-based company reported total revenue of $57.9 million in the quarter (up 48.7 percent, or 51.0 percent on a constant currency basis), exceeding consensus of $53.1 million. Penumbra said revenue from sales of neuro products grew 30.4 percent (or 32.8 percent on a constant currency basis) to $41.3 million and peripheral vascular product sales grew 127.9 percent (or 130.0 percent on a constant currency basis) to $16.6 million in the first quarter.
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