FDA approves laser by PLC Systems for drilling holes in heart to fight pain

Article Abstract:

PLC Systems Inc. has been given approval by the Food and Drug Administration (FDA) to sell a laser designed to drill holes in the heart as part of a surgical process. The process reduces pain for coronary disease patients. PLC will now be able to market its Heart Laser System. The system drills tiny holes in parts of the heart that experience poor blood flow. The company claims that nearly 75% of the 192 patients treated by the system felt a major drop in the amount of chest pain.

Comment:

Given approval by FDA to sell a laser designed to drill holes in heart as part of surgical process

Product information, Electromedical and Electrotherapeutic Apparatus Manufacturing, New Products/Services, Lasers for Medicine, Medical lasers, PLC Systems Inc.

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Arch near pact to take over paging rival

Article Abstract:

Arch Communications Group Inc. has agreed to acquire MobileMedia Corp. for approximately $479 million. The deal will entail a cash and stock transaction. The acquisition will create the second-largest paging company in the US. The newly-combined entity will have over seven million subscribers and over $800 million in revenues. MobileMedia is running under bankruptcy reorganization.

Comment:

Arch Communications Group Inc. to acquire MobileMedia Corp. for approximately $479 million

Asset sales & divestitures, Acquisitions & mergers, Paging Services, Paging, Arch Communications Group Inc., MobileMedia Corp.

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