HeartPort was once the darling of Wall St., as investors banked on the company's unique technology to dominate minimally-invasive cardiac surgery. But HeartPort has stumbled and its stock price has fallen, leading to a new CEO and a company restructuring.
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Denmark’s Orphazyme has raised more funds to market its lead product, the heat shock protein amplifier, arimoclomol, in the US and Europe, and to evaluate the compound for other lysosomal storage and neurodegenerative disorders.
Pacific Biosciences of California and Aziyo Biologics both acquire new finance chiefs; Illumina hires a new chief marketing officer; WishBone Medical president moves over to take helm at Electromedical Products International; and more.