Shares medical device maker ReWalk Robotics dropped 19 percent at Tuesday's open after the company reported a loss of $5.8 million with $9.1 million in cash left on its balance sheet.
Marlborough medical device company Hologic is suspending the marketing and distribution of a vaginal heating device after the company receiving a warning from the U.S. Food and Drug Administration.
Boston Scientific is showing no signs of slowing its aggressive acquisition strategy as the medical device giant is set to acquire a privately held obstructive disease firm for up to $160 million.
Hologic has appointed company veteran Karleen Oberton to chief financial officer to replace Bob McMahon, who is leaving the company for the same post of a California medical device firm.
Medical device company Oxford Immunotec neared a return to profitability in the first quarter, as revenue rose 12 percent, the company reported Tuesday.