May 15, 2016
Philips Volcano Activities at EuroPCR
At this year's EuroPCR meeting in Paris, Philips will be celebrating the one-year anniversary of its partnership (read "acquisition") of Volcano Corporation, making it the only cath lab imaging manufacturer able to offer intravascular options such as intravascular ultrasound (IVUS), fractional flow reserve (FFR) and its own proprietary non-adenosine functional measurement technology, iFR.
April 1, 2016
Philips Volcano Announces More Than 5,000 Coronary Artery Disease Patients Enrolled in iFR Outcomes Trials
Royal Philips (NYSE: PHG; AEX: PHIA) today announced that a combined total of more than 5,000 patients have been enrolled in three prospective clinical studies to assess the safety of deferring cardiovascular interventions using Philips Volcano’s proprietary iFR (instant wave-Free Ratio) pressure measurement technology versus conventional FFR (Fractional Flow Reserve) measurements.
April 12, 2015
iFR and iFR Scout to be Featured in Live Case from Hammersmith
Commentary from the Editor's Blog: If you've been wondering what iFR (Instant wave-Free Ratio) is, how it works, how it compares to FFR (Fractional Flow Reserve) and, most importantly, how it affects clinical outcomes, then click here to register for a free, online, interactive live case being done on Monday, April 13, 2:30pm-3:30pm London Time, 9:30am-10:30am New York Time).
March 30, 2015
Philips Appoints Healthcare Industry Veteran Robert Cascella to Lead Its Cluster of Global Imaging Businesses
Royal Philips (NYSE: PHG, AEX: PHIA) today announced the appointment of Mr. Robert Cascella to lead Philips' multi-billion euro cluster of Imaging businesses. These businesses capitalize on the rapidly transforming global healthcare industry, in particular in the areas of integrated diagnostic imaging and image-guided minimally invasive therapy solutions. He succeeds Gene Saragnese, who has decided to retire from Philips per May 1, 2015. Mr. Cascella will hold the title of Executive Vice President, Royal Philips.
March 12, 2015
Volcano Receives CE Mark for iFR Scout Pullback Software to Help Diagnose Serial Lesions and Diffuse Coronary Disease
Royal Philips (NYSE: PHG; AEX: PHIA), today announced that Volcano, a Philips business, has received CE Mark for the iFR Scout pullback software, a functional extension of its existing iFR Modality, optimized to assess serial lesions and diffuse coronary disease. Limited Market Release will commence immediately at leading European and Japanese medical centers. This software is currently pending 510(k) clearance at the US FDA. It is not available for sale in the US.
February 17, 2015
Philips Acquisition of Volcano Completed
As expected, Royal Philips (NYSE: PHG; AEX: PHIA) today completed its acquisition of San Diego-based Volcano Corporation, making Philips the only manufacturer of cardiovascular imaging systems to offer both angiographic (X-ray) and intravascular imaging and guidance options. The combination of Volcano's IVUS and FFR technology, along with Philips long-standing leadership in the interventional imaging field, promises to bring wider distribution of image-guided therapies.
February 5, 2015
Philips Extends Tender Offer Until February 17 to Acquire Volcano
Royal Philips (NYSE: PHG; AEX: PHIA) and Volcano Corporation (NASDAQ:VOLC) today announced that Philips' indirect wholly owned subsidiary Clearwater Merger Sub, Inc. is extending the expiration date for its previously announced tender offer until 9:00 a.m., Eastern Time, on February 17, 2015, for all outstanding shares of common stock of Volcano for USD 18.00 per Volcano share, without interest, less any applicable withholding of taxes.
January 29, 2015
Philips Extends Tender Offer Period to Acquire Volcano
Royal Philips (NYSE: PHG; AEX: PHIA) and Volcano Corporation (NASDAQ:VOLC) today announced that Philips' indirect wholly owned subsidiary Clearwater Merger Sub, Inc. is extending the expiration date for its previously announced tender offer until 12:00 midnight, Eastern Time, on February 5, 2015 (one minute after 11:59 p.m., Eastern Time, on February 4, 2015) for all outstanding shares of common stock of Volcano for USD 18.00 per Volcano share, without interest, less any applicable withholding of taxes.
January 21, 2015
Opsens Fiber Optic System Utilized by FFR Pioneers in Europe and Japan
Opsens Inc. (TSXV:OPS) recently announced that its innovative entry into the fractional flow reserve (FFR) market, the OptoWire and OptoMonitor, received its first use in Europe. The OptoWire system was granted CE Mark approval back in November. And the first use of this new system was significant in that the operator was one of the "founding fathers" of FFR, Dr. Bernard De Bruyne of the Cardiovascular Center Aalst in Belgium.
December 19, 2014
Philips Buys Volcano: It's About Money, Technology, and History
Commentary from the Editor's Blog: The acquisition of Volcano by Philips is a landmark event in the world of imaging. For years, Volcano's mantra was "angiography alone is not enough." Well now, angiography agrees and one of the largest manufacturers of cath labs will be offering IVUS, FFR and iFR modalities as part of its total imaging package. The potential spread of these technologies can only benefit patients, with better outcomes and more targeted procedures, and also save hospitals and healthcare systems money.
December 17, 2014
Philips to Acquire Volcano to Expand Global Leadership Position in Image-Guided Therapy Market
Royal Philips (NYSE: PHG; AEX: PHIA) and Volcano Corporation (NASDAQ:VOLC), a global leader in catheter-based imaging and measurement solutions for cardiovascular applications, today announced that they have entered into a definitive merger agreement. Pursuant to the agreement, Philips will commence a tender offer to acquire all of the issued and outstanding shares of Volcano for USD 18.00 per share, or a total equity purchase price of USD 1 billion (approx. EUR 800 million), to be paid in cash upon completion. The board of directors of Volcano has unanimously approved the transaction and recommends the offer to its shareholders. The transaction is expected to close in the first quarter of 2015.
December 16, 2014
Volcano: 1,000 iFR Systems in Use Worldwide
Volcano Corporation (NASDAQ: VOLC) has announced that 1,000 iFR ((instant wave-Free Ratio™) systems have now been activated worldwide. iFR was approved by the U.S. FDA in March of this year and is being used increasingly in cath labs to assist in decision-making (to stent or not to stent and, if so, which blockage is the correct one to stent).
November 26, 2014
FDA Approves HeartFlow FFR-CT: Non-Invasive Method for Determining Coronary Ischemia
The FDA today approved HeartFlow's FFR-CT software for measuring coronary blockages non-invasively. The current accuracy of FFR-CT to correctly differentiate significant blockages from those not needing revascularization is only in the mid-80% range. Yet the fact that a CT scan can be performed quickly, non-invasively, and with relatively low radiation doses, makes this procedure a significant contender to the extremely common nuclear stress test, and a potential game-changer in the diagnosis of coronary artery disease.
November 6, 2014
Fractional Flow Reserve: Measuring Pressures in the Marketplace
The FFR market has been a duopoly, split almost evenly between St. Jude Medical and Volcano Corporation. While these companies compete with each other, both have expressed upon occasion that the real challenge to increasing their sales and profits is not in gaining share from each other, but from expanding the field of FFR as a whole. However, some new smaller device companies are beginning to enter the marketplace. And the technology is slightly different: instead of pressure wires, these newer systems are utilizing fiber-optics.
October 29, 2014
Volcano Corporation Schedules Third Quarter Conference Call, Webcast
Volcano Corporation (Nasdaq: VOLC), a leading company focused on improving patient and economic outcomes on a global basis by developing and delivering innovative minimally invasive coronary and peripheral visualization, physiology diagnostics and therapies, today announced that it will report its operating results for the third quarter and first nine months of fiscal 2014 on Thursday, November 6. The company will hold a conference call to discuss its financial results and operating activities open to all interested parties at 2 p.m., Pacific Standard Time (5 p.m., Eastern Standard Time), Thursday, November 6.
October 20, 2014
Opsens Files To Become a New Player in the Fractional Flow Reserve Market
Moving from the macro to the micro: that's the pathway taken by Quebec-based Opsens, Inc., known for its fiber optic pressure and temperature sensing technology in the oil fields. The company has miniaturized its technology and applied it to FFR wires that can be threaded into the coronary arteries to help determine whether or not a blockage needs to be opened with a stent. The company has filed with the FDA for 510(k) pre-market notification, recently achieved approval in Japan and is currently sponsoring the O2 Pilot Study.
October 16, 2014
Fractional Flow Reserve and Ebola: Thresholds and Decision-Making
Commentary from the Editor's Blog: What do Ebola and Fractional Flow Reserve (FFR) have in common? Well, nothing, except that this week both events pointed to a lesson about the use of numbers, thresholds, guidelines and a physician's clinical judgement in making healthcare decisions.
October 8, 2014
ACIST Showcases Hi-Definition IVUS System
At last month's Transcatheter Cardiovascular Therapeutics meeting in Washington, DC, a new high-definition intravascular ultrasound (IVUS) system was demonstrated as part of two live case broadcasts. The system, manufactured by ACIST Medical of Eden Prairie, Minnesota, is billed as "hi-def" because it images at a frequency of 60mHz. Current systems image in the range of 20mHz and 45mHz.
October 3, 2014
FFR and iFR: Roadmapping Your Heart, With Traffic
What has become clearer in the past few years is that seeing is not believing. The angiogram may show a narrowing, but that narrowing may not be causing a reduced flow of blood to the heart, a.k.a. "ischemia." Stenting or bypassing such a "non-ischemic" narrowing may not be of much benefit to the patient, but it will add a small risk factor of stent restenosis or perhaps a surgical complication.
September 30, 2014
Infraredx Gains Approval in Japan for Its NIR/IVUS Coronary Imaging System
Infraredx has announced that they have received approval in Japan for their TVC Imaging System, the only FDA-approved device to visualize and identify the large lipid core plaques that are thought to be most likely to cause a heart attack. Japan makes up 50% of the worldwide intravascular imaging market. The company, which has partnered with the Japanese firm Nipro, sees this approval as a significant milestone in their expansion strategy.
September 29, 2014
Glenn vs. The Volcano: Engaged Sends a Letter to Volcano Corporation
(Updated September 30) Today saw a "volley across the bow" between Volcano Corporation (Nasdaq: VOLC), a major manufacturer of IVUS, FFR and iFR technologies, and Engaged Capital LLC, an investment firm which holds over two million shares, or 5.1%, of Volcano stock. Engaged founder Glenn W. Welling sent a letter to Volcano demanding that the company begin a search for a new CEO and find a buyer for the company. Volcano immediately issued a statement in response.
September 11, 2014
Volcano Announces Activities at TCT 2014
The annual Transcatheter Cardiovascular Therapeutics meeting (TCT) starts this weekend in Washington, DC and runs through Wednesday, September 17. During that time many hundreds of presentations on the entire range of interventional procedures and devices will be offered to the 10,000 plus attendees. While the main focus usually has been on devices such as drug-eluting stents, balloons, and transcatheter aortic valve replacements (TAVR), an area that has become increasingly important in recent years is that of functional measurement.
September 2, 2014
Two Year Data from FAME 2 Trial Shows Sustained Benefits of FFR-Guided PCI over Medical Treatment in Patients with Stable CAD
St. Jude Medical, Inc. (NYSE: STJ), a global medical device company, today announced primary outcome two-year data from the FAME 2 Trial which demonstrated sustained superiority with FFR-guided PCI using St. Jude Medical PressureWire™ technology in patients with stable coronary artery disease (CAD) compared to standard medical therapy alone.
September 2, 2014
Volcano Corporation Presentation At Morgan Stanley Conference To Be Webcast
Volcano Corporation (Nasdaq: VOLC) said today that it will be participating in the Morgan Stanley Healthcare conference on Tuesday, September 9. The presentation by Scott Huennekens, president and chief executive officer, will begin at 11:10 a.m., Eastern Daylight Time (8:10 a.m., Pacific Daylight Time).
August 7, 2014
Volcano Reports Second Quarter Results
Volcano Corporation (Nasdaq: VOLC) today reported results for the second quarter and first six months of 2014. The company also announced today that it will be seeking a divestiture of its Axsun Technologies, Inc. subsidiary. In addition, the company said that it and St. Jude Medical, Inc., (NYSE: STJ) have agreed to settle all existing litigation between the two companies.
August 5, 2014
Volcano Corporation Presentation At Canaccord Genuity Conference To Be Webcast
Volcano Corporation (Nasdaq: VOLC) said today that it will be participating in the Canaccord Genuity Growth Conference on Wednesday, August 13. The presentation by Scott Huennekens, president and chief executive officer, will begin at 1:30 p.m., Eastern Daylight Time (10:30 a.m., Pacific Daylight Time).
August 4, 2014
Medtronic Enters the FFR and IVUS Technology Field With ACIST Co-Promotion Agreement
Today Medtronic, Inc. (NYSE: MDT) and ACIST Medical Systems, Inc., a Bracco Group company, announced a strategic agreement to bring ACIST's FFR and IVUS products into U.S. cath labs. This collaboration marks the first time a major stent manufacturer will offer both FFR and IVUS technologies.
August 1, 2014
Volcano Corporation Announces Webcast Of Analyst Day
Volcano Corporation (Nasdaq: VOLC) will hold its 2014 Analyst Day on Monday, August 11, at the New York Hilton Midtown in New York City. A webcast of the event will begin at 8:30 a.m., Eastern Daylight Time (5:30 a.m., Pacific Daylight Time) and conclude at approximately 12 p.m., Eastern Daylight Time (9 a.m., Pacific Daylight Time).
July 28, 2014
Volcano Corporation Schedules Second Quarter Conference Call, Webcast
Volcano Corporation (Nasdaq: VOLC) today announced that it will report its operating results for the first quarter and first six months of fiscal 2014 on Thursday, August 7. The company will hold a conference call to discuss its financial results and operating activities open to all interested parties at 2 p.m., Pacific Daylight Time (5 p.m., Eastern Daylight Time), Thursday, August 7, hosted by Scott Huennekens, president and chief executive officer, and John Dahldorf, chief financial officer.
July 22, 2014
Boston Scientific Launches POLARIS™ Imaging System
Boston Scientific Corporation (NYSE: BSX) has initiated full commercial launch of the new POLARIS™ Imaging System. This system will support the Boston Scientific family of intravascular ultrasound (IVUS) catheters, including coronary, peripheral and intra-cardiac echo products. The POLARIS System offers enhanced ease-of-use and more powerful processing capabilities. Its modular design would also support the planned release of new Boston Scientific imaging products including a fractional flow reserve (FFR) wire, a new family of IVUS catheters, enhanced software features and better system control tools.
June 3, 2014
Volcano Corporation Schedules Conference Call, Webcast To Discuss iFR® Technology Market Opportunity
Volcano Corporation (Nasdaq: VOLC) said today that it will be holding a conference call and webcast to discuss the market expansion opportunity for its iFR (instant wave-Free Ratio™) technology on Thursday, June 5. The presentation by John Dahldorf, chief financial officer, and Joseph Burnett, executive vice president, coronary and systems business unit, will begin at 1:30 p.m., Pacific Daylight Time (4:30 Eastern Daylight Time).
Jun 2, 2014
Volcano Corporation Presentation At Goldman Sachs Healthcare Conference To Be Webcast
Volcano Corporation (Nasdaq: VOLC), a platform company providing and guiding minimally invasive therapies utilizing visualization, physiology or future technologies, said today that it will be participating in the Goldman Sachs 35th Annual Global Healthcare Conference on Tuesday, June 10. The presentation by John Dahldorf, chief financial officer, will begin at 11:20 a.m., Pacific Daylight Time (2:20 p.m., Eastern Daylight Time)
May 27, 2014
Volcano Corporation Announces Agreement To Acquire AtheroMed
Volcano Corporation (Nasdaq: VOLC) said today it has signed an agreement to acquire AtheroMed, Inc., a privately-held company that has developed the Phoenix® Atherectomy System used in the treatment of peripheral artery disease (PAD). The Phoenix, which received 510(k) clearance in January 2014 and has a CE Mark, enables physicians to treat PAD with a low profile peripheral atherectomy catheter that continuously removes diseased material as it is debulked. The device has reimbursement in the U.S. and select countries in Europe.
May 5, 2014
Volcano Corporation Presentation At Bank Of America Merrill Lynch 2014 Health Care Conference To Be Webcast
Volcano Corporation (Nasdaq: VOLC) said today that it will be participating in the Bank of America Merrill Lynch 2014 Health Care Conference on Tuesday, May 13. The presentation by John Dahldorf, chief financial officer, will begin at 4:20 p.m., Pacific Daylight Time (7:20 p.m., Eastern Daylight Time).
May 2, 2014
Volcano Reports First Quarter Results
Volcano Corporation (Nasdaq: VOLC) today reported results for the first quarter of 2014. For the quarter ended March 31, 2014, Volcano reported revenues of $94.5 million versus revenues of $93.2 million in the same period a year ago. On a constant currency basis, revenues increased four percent year-over-year after adjusting for a negative impact of approximately $2.7 million from foreign currency.
April 25, 2014
Volcano Announces Limited Market Release of SyncVision™ Technology System
Volcano Corporation (NASDAQ: VOLC) today announced the commencement of its limited market release of its FDA cleared and CE marked technology SyncVision™, with cases being performed in the U.S. and Europe. SyncVision™ is currently installed in multiple limited market release sites throughout U.S. and Europe. Volcano's SyncVision™ Technology System is an on-line image processing workstation for coronary catheterizations that allows the physician to navigate simultaneously on an angiogram and on an IVUS image in a single correlated view using co-registration of the Eagle Eye® Platinum catheter with x-ray angiography.
April 17, 2014
Volcano Corporation Schedules First Quarter Conference Call, Webcast
Volcano Corporation (Nasdaq:VOLC) announced that it will report its operating results for the first quarter of fiscal 2014 on Friday, May 2. The company will hold a conference call to discuss its financial results and operating activities open to all interested parties at 2 pm, Pacific Daylight Time (5 pm, Eastern Daylight Time), Friday, May 2, hosted by Scott Huennekens, president and chief executive officer, and John Dahldorf, chief financial officer.
March 19, 2014
FDA Approves Volcano's iFR® Pressure Measurement Modality for Use in Coronary Stent Guidance
This morning Volcano Corporation announced that the U.S. Food and Drug Administration has granted approval to the company's proprietary coronary pressure measurement modality, iFR (Instant wave-Free Ratio). iFR represents a significant advance in the field of functional measurement (FM), in which the actual flow pressures inside the coronary artery can be measured and the deficit caused by a coronary blockage or lesion can be accurately assessed.
March 3, 2014
Volcano Corporation Presentation At Barclays Conference To Be Webcast
Volcano Corporation (Nasdaq: VOLC) said today that it will be participating in the Barclays Global Healthcare Conference 2014 on Tuesday, March 11. The presentation by John Dahldorf, chief financial officer, will begin at 11:15 a.m., Eastern Daylight Time (8:15 a.m., Pacific Daylight Time).
February 27, 2014
Can Near-Infrared Imaging Predict Heart Attack Risk?
What causes a heart attack? Is it a physical narrowing in the coronary artery, a blockage that can be seen on angiography? Or is it more likely the eruption of a lipid-rich plaque, a so-called vulnerable plaque, that may not look significant in percent stenosis during a standard catheterization? Today MedStar Heart Institute and Infraredx announced enrollment of the first patient in the Lipid-Rich Plaque (LRP) Study, which will involve 100 centers worldwide and has a target enrollment of 9,000 patients. As Infraredx founder Dr. James Muller states, "Once completed, the LRP Study could redefine the role of intravascular imaging and lay the groundwork for changing standard protocol for managing coronary artery disease."
February 24, 2014
Volcano Reports Fourth Quarter Revenues Increase Six Percent On A Constant Currency Basis
Volcano Corporation (Nasdaq: VOLC) today reported results for the fourth quarter and all of 2013. For the quarter ended December 31, 2013, Volcano reported revenues of $103.3 million versus revenues of $102.5 million in the same period a year ago. On a constant currency basis, revenues increased six percent year-over-year after adjusting for a negative impact of approximately $5.5 million from foreign currency. The company reported a net loss on a GAAP basis of $20.5 million, or $0.38 per share, in the fourth quarter of 2013, versus net income of $2.5 million, or $0.04 per diluted share, in the same period a year ago.
February 4, 2014
Volcano Corporation Schedules Fourth Quarter Conference Call, Webcast
Volcano Corporation (NASDAQ: VOLC) today announced that it will report its operating results for the fourth quarter of fiscal 2013 on Monday, February 24. The company will hold a conference call to discuss its financial results and operating activities open to all interested parties at 2 p.m., Pacific Standard Time (5 p.m., Eastern Standard Time), Monday, February 24, hosted by Scott Huennekens, president and chief executive officer, and John Dahldorf, chief financial officer.
January 13, 2014
Volcano Corporation Announces Preliminary Fourth Quarter 2013 Revenues; Year-Over-Year Annual Revenues Increase Eight Percent On A Constant Currency Basis
Volcano Corporation (Nasdaq: VOLC) said today that it expects total revenues on a reported basis for the fourth quarter of 2013 will be approximately $103.3 million, bringing expected full year 2013 revenues on a reported basis to approximately $393.7 million—in line with most recent guidance. Revenues for the fourth quarter of 2013 reflect an increase of one percent and six percent on a reported basis and constant currency basis, respectively, compared to the fourth quarter a year ago.
January 6, 2014
Volcano Corporation Presentation At J.P. Morgan Conference To Be Webcast
Volcano Corporation (Nasdaq: VOLC) said today that it will be participating in the 32nd Annual J.P. Morgan Healthcare Conference on Wednesday, January 15. The presentation by Scott Huennekens, president and chief executive officer, will begin at 3:30 p.m., Pacific Standard Time (6:30 p.m., Eastern Standard Time).
December 2, 2013
Volcano Corporation Announces $200 Million Share Repurchase Authorization
Volcano Corporation (NASDAQ: VOLC) today announced that its Board of Directors has authorized a $200 million share repurchase program. The Company intends to fund share repurchases with cash on hand. As part of the program, Volcano will enter into a $100 million Accelerated Share Repurchase ("ASR") with J.P. Morgan Securities LLC ("JPMorgan"), as agent for JPMorgan Chase Bank, National Association, London Branch. Under the ASR agreement, Volcano will pay $100 million to JPMorgan and will receive from JPMorgan an initial delivery of 3,557,137 shares of Volcano's common stock.
November 13, 2013
Best Uses from SCAI for Intravascular Ultrasound, Fractional Flow Reserve and Optical Coherence Tomography Tools
This morning the Society for Cardiovascular Angiography and Interventions (SCAI) issued a guidance document for the use of three major intra-coronary diagnostic tools for use in stenting and angioplasty. Published in the society's journal, Catheterization and Cardiovascular Interventions, the document details the best use of intravascular Ultrasound (IVUS), Fractional Flow Reserve (FFR) and Optical Coherence Tomography (OCT) as they relate to the diagnosis and optimal placements of stents.
November 4, 2013
iFR Can Reduce Use of Adenosine, Saving Time and Costs in Assessing Need for Stents
When Fractional Flow Reserve (FFR) has been used as a decision-making tool in the DEFER, FAME and FAME II studies, the use of stenting declined by one-third, saving costs for the healthcare system and significantly improving outcomes for patients. One drawback to FFR, however, is that a vasodilator, such as adenosine, must be given to the patient to measure the blood flow accurately: this increases costs and often causes discomfort for the patient. In the past few years, however, a new measurement has been developed by researchers in London and is being commercialized by Volcano Corporation (NASDAQ: VOLC). Called iFR (Instantaneous wave-Free Ratio) a functional measurement of ischemia in an artery can be performed very quickly and without need for a vasodilating agent.
November 4, 2013
For Stent Procedures Intravascular Ultrasound (IVUS) Improves Outcomes and Reduces Complications: ADAPT-DES
Two-year results from the largest study to date of intravascular ultrasound (IVUS) use during angioplasty and stent placement were presented at the 25th Annual Transcatheter Cardiovascular Therapeutics meeting in San Francisco last week, and the numbers were pretty clear: IVUS use showed 53% less stent thrombosis, 38% lower rate of myocardial infarction (heart attack) and 34% less incidence of major adverse cardiac events (MACE).
November 4, 2013
Volcano Reports Third Quarter Results
Volcano Corporation (Nasdaq: VOLC), a leading developer and manufacturer of precision guided therapy tools designed to enhance the diagnosis and treatment of coronary and peripheral vascular disease, today reported results for the third quarter and first nine months of 2013. The company also today announced a strategic reprioritization and reallocation of resources within its distribution, research and development and clinical programs to focus on areas of strong projected growth in FFR (Fractional Flow Reserve), peripheral applications, coronary IVUS (Intravascular Imaging) driven by the ADAPT-DES clinical data and Axsun Medical.
October 28, 2013
Volcano Corporation Announces Third Quarter 2013 Revenues, Updated Revenue Guidance For Full Year 2013 And Preliminary Revenue Guidance For 2014
Volcano Corporation (Nasdaq: VOLC) said today that it expects revenues for the third quarter of 2013 on a reported basis will be approximately $95.8 million. This compares with revenues on a reported basis of $93.7 million in the same period a year ago. The company said that FX exchange rates had a negative impact of approximately $5.4 million compared to the third quarter a year ago.
October 27, 2013
Volcano Announces Upcoming Data Presentations from Large-Scale Studies on Physiology and Imaging Technologies at TCT 2013
Volcano Corporation (NASDAQ: VOLC) today announced several significant clinical data presentations and other activities related to its physiology and Intravascular Ultrasound (IVUS) technologies at the 25th Annual Transcatheter Cardiovascular Therapeutics (TCT) scientific symposium, being held in San Francisco from October 27 to November 1. The data include final results from the ADVISE II (ADenosine Vasodilator Independent Stenosis Evaluation) Registry, which will be presented in a Late-Breaking Clinical Trials session on October 30.
October 21, 2013
Volcano Corporation Schedules Third Quarter Conference Call, Webcast
Volcano Corporation (Nasdaq: VOLC) today announced it will report its operating results for the third quarter of fiscal 2013 on Monday, November 4. The company will hold a conference call to discuss its financial results and operating activities open to all interested parties at 2 p.m., Pacific Standard Time (5 p.m., Eastern Standard Time) Monday, November 4, hosted by Scott Huennekens, president and chief executive officer, and John Dahldorf, chief financial officer.
August 26, 2013
Volcano to Acquire Re-Entry Catheter from Medtronic
Volcano Corporation (Nasdaq: VOLC) is rapidly expanding its offerings for peripheral artery disease, today announcing an agreement with Medtronic (NYSE: MDT) to acquire Medtronic's Pioneer Plus product line of diagnostic ultrasound transducer and subcutaneous catheters.
August 10, 2013
Volcano Corp. CEO Issues Statement About George W. Bush's Stent Procedure
When news reports about former President George W. Bush receiving a coronary stent were published this past Tuesday, the blogosphere and twitterverse erupted. Much of the ensuing commentary and critique was directed at the circumstances and diagnostic pathway that led to Bush's angioplasty. Reacting to the many comments critiquing the decision to put a stent in Bush's artery, Scott Huennekens, the President and CEO of Volcano Corporation, one of two manufacturers of FFR catheters (St. Jude is the other), put out the following statement on Friday.
August 8, 2013
Volcano Corporation Presentation At Canaccord Genuity Conference To Be Webcast
Volcano Corporation (NASDAQ: VOLC) said today that it will be participating in the Canaccord Genuity 33rd Annual Growth Conference on Thursday, August 15. The presentation by Scott Huennekens, president and chief executive officer, will begin at 8:00 a.m., Eastern Daylight Time (5:00 a.m., Pacific Daylight Time).
August 5, 2013
Volcano Reports Second Quarter Results; Medical Segment Revenues Increase More Than 13 Percent On A Constant Currency Basis
Volcano Corporation (Nasdaq: VOLC) today reported results for the second quarter and first six months of 2013. For the quarter ended June 30, 2013, Volcano reported revenues of $101.3 million, an increase of six percent on a reported basis versus the same period a year ago and 12 percent on a constant currency basis after adjusting for a negative impact of approximately $5.5 million from foreign currency. Medical segment revenues increased more than seven percent and more than 13 percent on a reported and constant currency basis, respectively.
July 19, 2013
Volcano Corporation Schedules Second Quarter Conference Call, Webcast
Volcano Corporation (Nasdaq: VOLC) today announced it will report its operating results for the second quarter of fiscal 2013 on Monday, August 5. The company will hold a conference call to discuss its financial results and operating activities open to all interested parties at 2 p.m., Pacific Daylight Time (5 p.m., Eastern Daylight Time), Monday, August 5, hosted by CEO and president, Scott Huennekens, and CFO, John Dahldorf.
May 23, 2013
Volcano Announces Preliminary Results from the ADVISE II Study and Inclusion in the SYNTAX2 Trial During Hot Line Late Breaking Clinical Trial Sessions at EuroPCR 2013
Volcano Corporation (NASDAQ: VOLC) today announced preliminary results from the ADVISE (Adenosine Vasodilator Independent Stenosis Evaluation) II trial during the hot line late breaking clinical trial session at EuroPCR 2013. These prospective results confirm prior retrospective publications, and demonstrate the clinical usefulness of an iFR ®/Fractional Flow Reserve (FFR) Hybrid approach to simplify lesion assessment and to save the use of hyperemic drugs in a significant number of patients.
May 21, 2013
Verrata™ Pressure Guide Wire and iFR® (Instant Wave-Free Ratio™) Software Modality Will Be on Display at EuroPCR 2013
Volcano Corporation (NASDAQ: VOLC) today announced that it will demonstrate the Verrata™ Pressure Guide Wire and the iFR® (Instant Wave-Free Ratio™) modality throughout the week during the EuroPCR 2013 Congress in Paris, France. These two interventional tools are intended to help physicians guide more procedures and make more decisions based on actual heart function, rather than relying on the angiogram alone.
May 20, 2013
Volcano to Highlight its Physiology Expansion Efforts at EuroPCR 2013
Volcano Corporation (NASDAQ: VOLC) today announced it will highlight its efforts to expand research and innovation surrounding its physiology technologies, including its Fractional Flow Reserve (FFR) and iFR® (Instant Wave-Free Ratio™) technologies, via various clinical and educational presentations and events at EuroPCR 2013 in Paris.
May 2, 2013
Volcano Announces First Quarter Results
Volcano Corporation (Nasdaq: VOLC) today reported results for the first quarter of 2013. For the quarter ended March 31, 2013, Volcano reported revenues of $93.2 million, an increase of three percent on a reported basis versus the same period a year ago and eight percent on a constant currency basis after adjusting for a five percent negative impact from foreign currency. Medical segment revenues increased four percent and nine percent on a reported and constant currency basis, respectively.
March 14, 2013
Volcano Enters Microcatheter Market with Launch of Valet Microcatheter
Volcano Corporation (NASDAQ: VOLC) is best known for its angioplasty and stent optimization technologies of intravascular ultrasound (IVUS) imaging catheters, virtual histology (VH) software and its line of fractional flow reserve (FFR) functional measurement devices. Today the company announced the launch of an entirely new microcatheter product line, starting with the Valet® Microcatheter.
March 4, 2013
Volcano Corporation Announces Presentations At Upcoming Investor Conferences
Volcano Corporation (Nasdaq: VOLC) said today that it will be participating in two upcoming investor conferences. On Tuesday, March 12, the company will participate in the Barclays Global Healthcare Conference 2013, and on Monday, March 18, the company will participate in the 25th Annual Roth Conference.
February 26, 2013
Volcano Corporation Announces Webcast Of March Seventh Analyst Day
Volcano Corporation (Nasdaq: VOLC), a leading developer and manufacturer of precision guided therapy tools designed to enhance the diagnosis and treatment of coronary and peripheral vascular disease, will hold its 2013 Analyst Day on Thursday, March 7, at the NASDAQ MarketSite in New York City. A webcast of the event will begin at 10 a.m., Eastern Standard Time (7 a.m., Pacific Standard Time) and conclude at approximately 2 p.m., Eastern Standard Time (11 a.m., Pacific Standard Time).
February 21, 2013
Volcano Reports Fourth Quarter Revenue Up 10%; Fractional Flow Reserve Revenue Up 45% for Year
Volcano Corporation (NASDAQ: VOLC) today reported its fourth quarter revenue which was $102.5 million, up 10% over the same period last year. Leading the increased revenue were disposables in Volcano's fractional flow reserve business, which were up 45% on an annual basis. While the adoption of FFR has lagged behind the clinical data, Volcano's reported 45% increase in revenue definitely points to increasing use of this technology to optimize stent placement and decision-making.
February 11, 2013
Volcano Corporation Schedules Fourth Quarter Conference Call, Webcast
Volcano Corporation (Nasdaq: VOLC) today announced it will report its operating results for the fourth quarter of fiscal 2012 on Thursday, February 21. The company will hold a conference call to discuss its financial results and operating activities open to all interested parties at 2 p.m., Pacific Standard Time (5 p.m., Eastern Standard Time), Thursday, February 21.
February 1, 2013
Volcano Announces New iPad Teaching Application for Its Recently-Released Visions® PV .035 Digital IVUS Catheter
Volcano Corporation (Nasdaq: VOLC) today announced it has a new interactive educational tool to facilitate learning about IVUS-guided interventional procedures with its new Visions® PV .035 Digital IVUS Catheter. The new Aortic IVUS App for iPad, available on the Apple App Store, provides case examples with interactive education on the procedural workflow and image interpretation, and is intended for healthcare professionals involved in endovascular aortic procedures.
January 7, 2013 Volcano Corporation Announces Record Preliminary Fourth Quarter 2012 Revenues
Volcano Corporation (Nasdaq: VOLC) said today that it expects total revenues for the fourth quarter of 2012 will be approximately $102.5 million, bringing expected full year 2012 revenues to approximately $381.9 million.
December 27, 2012
Volcano Corporation Presentation At J.P. Morgan Conference To Be Webcast
Volcano Corporation (Nasdaq: VOLC) said today that it will be participating in the 31st Annual J.P. Morgan Healthcare Conference on Tuesday, January 8, 2013. The presentation by Scott Huennekens, president and CEO, will begin at 11 a.m., Pacific Standard Time (2 p.m., Eastern Standard Time). (Read
more...)
December 5, 2012
Volcano Corporation Prices Offering Of $400 Million 1.75% Convertible Senior Notes Due 2017
Volcano Corporation (NASDAQ: VOLC) today announced the pricing of its public offering of $400 million aggregate principal amount of 1.75% convertible senior notes due December 1, 2017 registered under the Securities Act of 1933, as amended. Prior to August 7, 2017, the notes will be convertible only upon certain circumstances and during certain periods. (Read
more...)
December 3, 2012
Volcano Corporation To Offer $350 Million Convertible Senior Notes Due 2017
Volcano Corporation (NASDAQ: VOLC) today announced its intention to offer, subject to market and other conditions, $350 million principal amount of convertible senior notes due December 1, 2017 in an offering registered under the Securities Act of 1933, as amended. Prior to August 7, 2017, the notes will be convertible only upon certain circumstances and during certain periods. (Read
more...)
December 3, 2012
Volcano Corporation Announces Agreement To Acquire Crux Biomedical
Volcano Corporation (Nasdaq: VOLC) said today it has signed an agreement to acquire Crux Biomedical, a privately-held company that has developed a highly differentiated inferior vena cava (IVC) filter -- the Crux VCF System -- to treat pulmonary embolisms (PE's). (Read
more...)
December 2, 2012
Fractional Flow (Chart) Reserve
Best medical practices for angioplasty and stent placement are a moving target because no sooner than a guideline is published it can be changed by the results of a more recent study. And the SCAI Ad Hoc PCI Consensus Statement posted online just three days ago is no exception. (Read
more...)
November 23, 2012
Volcano Corporation Signs Agreement to Acquire Sync-Rx Ltd.
Volcano Corporation (Nasdaq: VOLC) today announced that it has entered into a definitive agreement to acquire Sync-Rx Ltd., a privately-held company based in Israel that develops advanced software applications that optimize and facilitate transcatheter cardiovascular interventions using automated online image processing. It is anticipated the transaction will close within the next 30 days. (Read
more...)
November 16, 2012
Volcano Corporation Presentation At Piper Jaffray Conference To Be Webcast
Volcano Corporation (NASDAQ: VOLC) said today that it will be participating in the 24th Annual Piper Jaffray Healthcare Conference on Tuesday, November 27.
The presentation by Scott Huennekens, president and chief executive officer, will begin at 8:30 a.m., Eastern Standard Time (5:30 a.m., Pacific Standard Time). (Read
more...)
November 14, 2012
Largest Prospective Study Shows IVUS-Guided Stent Placement Improves Patient Outcomes with Current Generation of Stents
Results from 3,349 patients, the largest study of its kind, show that stent procedures guided by intravascular ultrasound (IVUS) resulted in better patient outcomes and fewer complications at 30 days and 12 months compared to procedures without IVUS, and were safe. (Read
more...)
October 25, 2012
Volcano Corporation Schedules Third Quarter Conference Call, Webcast
Volcano Corporation (NASDAQ: VOLC) today announced it will report its operating results for the third quarter of fiscal 2012 on Tuesday, November 6. The company will hold a conference call to discuss its financial results and operating activities open to all interested parties at 2 p.m., Pacific Standard Time (5 p.m., Eastern Standard Time), Tuesday, November 6. (Read
more...)
October 25, 2012
Volcano Announces Previous St. Jude Medical Products Infringe Volcano Patent and Jury Verdicts in Patent Trials with St. Jude Medical
Volcano Corporation announced today that St. Jude Medical agreed that previous versions of its PressureWire® products infringed Volcano's 6,976,965 patent (a pressure sensing guide wire patent). In addition, a jury in the federal district court in Delaware has issued a verdict in St. Jude Medical's favor in the Company's ongoing patent lawsuit with St. Jude Medical, finding that St. Jude Medical's PressureWire® products do not infringe three of Volcano's patents. (Read
more...)
October 23, 2012
Volcano Announces Global Launch of PrimeWire Prestige® PLUS Pressure Guide Wire with AcuSense™ Technology
Volcano Corporation (Nasdaq: VOLC) today announced the global launch of the PrimeWire Prestige® PLUS pressure guide wire with AcuSense™ technology, which allows for more precise measurements when distal pressure is monitored for longer periods of time. (Read
more...)
October 19, 2012
Volcano to Highlight New Technologies and Clinical Study Results at TCT 2012
Volcano Corporation (NASDAQ: VOLC) today announced plans to highlight its functional measurement technologies and clinical study results related to Intravascular Ultrasound (IVUS) catheters and Fractional Flow Reserve (FFR) guide wires, at the Transcatheter Cardiovascular Therapeutics (TCT) conference being held in Miami from October 22nd - 26th, 2012. (Read
more...)
October 16, 2012
Infraredx and Philips Announce Collaboration to Develop a New Standard of Catheterization Lab Integration for True Vessel Characterization
The companies today announced they have signed a joint development and collaboration agreement that is focused on integrating Infraredx's true vessel characterization (TVC) Imaging System with Philips' Allura Xper catheterization (cath) lab imaging systems. This collaboration is intended to enable seamless access to the TVC Imaging System with Philips' Allura X-ray systems. (Read
more...)
October 4, 2012
Volcano Announces CE Mark and 510(k) Clearance for New Visions® PV .035 Digital IVUS Catheter
Volcano Corporation said today it has received clearance to market its new Visions® PV .035 Digital IVUS Catheter in both the US and Europe. The new intravascular ultrasound catheter is designed to image large vessels and facilitate the use of less iodinated contrast in endovascular procedures. (Read
more...)
September 15, 2012
Results of the ADVISE Registry Published
Commentary from the Editor's Blog: A new method for the functional measurement of intracoronary pressures and the severity of blockages has been developed by researchers at Imperial College in London. Called Instant Wave-Free Ratio™ (iFR) it does not require injection of a vasodilator drug, such as adenosine. The comprehensive results of the ADVISE Registry (ADenosine Vasodilator Independent Stenosis Evaluation) were recently presented at EuroPCR by Dr. Davies in May and have now been published online ahead of print in EuroIntervention. (Read
more...)
August 29, 2012
Volcano Corporation Presentation At Stifel Nicolaus Conference To Be Webcast
Volcano Corporation (NASDAQ: VOLC) said today that it will be participating in the Stifel Nicolaus 2012 Healthcare Conference on Wednesday, September 5. The presentation by John Dahldorf, chief financial officer, will begin at 9:10 a.m., Eastern Daylight Time (6:10 a.m., Pacific Daylight Time). (Read
more...)
August 29, 2012
Medtronic and Volcano Pen Strategic Alliance to Offer Cardiac Cath Labs Stents, Balloons, Guide Wires, IVUS, FFR and More
This alliance means that hospital systems can now be supplied via a single contract not only the fastest-growing drug-eluting stent in the U.S. (and best-selling DES worldwide), the Resolute Integrity, but also the market-leading intravascular ultrasound (IVUS) system to help place that stent accurately, as well as the fractional flow reserve (FFR) tools to help decide if stenting is the best treatment for the patient, as the FAME and FAME 2 trials have shown. (Read
more...)
August 28, 2012
New England Journal of Medicine Publishes FAME II Trial Results Revealing Better Patient Outcomes with FFR-Guided Cardiac Stenting
St. Jude Medical, Inc. (NYSE:STJ) today announced results of the FAME II Trial demonstrating that patients with FFR-guided stenting plus the best available medical therapy had superior outcomes to those treated with medical therapy alone. Results published online in the New England Journal of Medicine (NEJM) and presented at the ESC Congress 2012 revealed that use of the PressureWire(tm) (technology used to measure blood flow restriction in the coronary arteries) yielded an 86 percent relative risk reduction for unplanned re-admission to the hospital with urgent revascularization in patients with stable coronary artery disease. (Read
more...)
August 28, 2012
Society for Cardiovascular Angiography and Interventions (SCAI) Statement on FAME 2
The FAME 2 trial will improve treatment strategies for patients with stable ischemic heart disease. FAME 2 indicates that angioplasty and stenting (also known as percutaneous coronary intervention, or PCI) plus the best available medications results in better outcomes than medications alone for patients who have significant blockages in their heart arteries, as measured by a test known as Fractional Flow Reserve (FFR). (Read
more...)
August 28, 2012
FAME 2 Published in the New England Journal of Medicine; Volcano participates in the $84M NIH-Sponsored ISCHEMIA Trial
Volcano Corporation (NASDAQ: VOLC) today celebrated the publication of the results of the FAME 2 trial in the New England Journal of Medicine (NEJM). Volcano also announced participation in the next major international functionally-guided study—ISCHEMIA that will include the newest PrimeWire® PRESTIGE PLUS Pressure Guidewires. (Read
more...)
August 7, 2012
Volcano Corporation Presentation At Canaccord Genuity Conference To Be Webcast
Volcano Corporation (NASDAQ: VOLC) said today that it will be participating in the Canaccord Genuity 32nd Annual Growth Conference on Tuesday, August 14. The presentation by Scott Huennekens, president and chief executive officer, will begin at 10:30 a.m., Eastern Daylight Time (7:30 a.m., Pacific Daylight Time). (Read
more...)
August 2, 2012
Volcano Corporation Reports 13% Growth In Second Quarter Revenues
Volcano Corporation (NASDAQ: VOLC) today said revenues for the second quarter of 2012 increased 13 percent over second quarter revenues a year ago. Moreover the revenue from fractional flow reserve disposables increases 38%, demonstrating tremendous growth in a technology that is being increasingly adopted by hospital systems. (Read
more...)
July 23, 2012
Volcano Corporation Schedules Second Quarter Conference Call, Webcast
Volcano Corporation (NASDAQ: VOLC) today announced it will report its operating results for the second quarter of fiscal 2012 on Thursday, August 2. The company will hold a conference call to discuss its financial results and operating activities open to all interested parties at 2 p.m., Pacific Daylight Time (5 p.m., Eastern Daylight Time), Thursday, August 2, hosted by Scott Huennekens, president and chief executive officer, and John Dahldorf, chief financial officer. (Read
more...)
June 12, 2012
Stent Decision-Making Using Functional Measurement: Fractional Flow Reserve (FFR) and Instant Wave-Free Ratio™ (iFR®) - What's in a Number?
Preliminary data, presented at this year's EuroPCR meeting, show increasingly that functional measurement is a critical part of the therapeutic decision-making process for cardiologists: whether to stent a blocked coronary artery or instead triage a patient to medical therapy alone. The first results from the FAME II Study were made available and a new tool for functional measurement was discussed: the technology of Instant Wave-Free Ratio™ (iFR®) which allows measurements similar to FFR but does not need to use adenosine. (Read
more...)
June 12, 2012
Volcano Corporation Presentation at Wells Fargo Conference to be Webcast
Volcano Corporation (NASDAQ: VOLC) said today that it will be participating in the Wells Fargo Securities 2012 Healthcare Conference on Tuesday, June 19. The presentation by John Dahldorf, chief financial officer, will begin at 9:30 a.m., Eastern Daylight Time (6:30 a.m., Pacific Daylight Time). (Read
more...)
June 10, 2012
Can Using IVUS (Intravascular Ultrasound) Prevent Stent Thrombosis?
Commentary from the Editor's Blog: A recent paper, published online before print in SCAI's journal, Catheterization and Cardiovascular Interventions, yet again adds to the evidence that intravascular ultrasound (IVUS) imaging during PCI can improve stent placement and expansion in a way that may prevent stent thrombosis (ST). (Read
more...)
June 1, 2012
Patient Alert: Proof That Having a Stent Placed Using Fractional Flow Reserve is Better for You!
In January 2012 a major trial called FAME II was stopped after only two-thirds of patients were enrolled -- because the data showed clearly that results for stable angina patients, whose stents were placed using this latest guidance technology, were so superior that regulators determined it was "unethical" to assign patients to the group getting drug treatment only, without stenting! (Read
more...)
May 24, 2012
Volcano Corporation Presentation At Jefferies Conference To Be Webcast
Volcano Corporation (NASDAQ: VOLC), a leading developer and manufacturer of precision guided therapy tools designed to enhance the diagnosis and treatment of coronary and peripheral vascular disease, said today that it will be participating in the Jefferies 2012 Global Healthcare Conference on Monday, June 4. The presentation by John Dahldorf, chief financial officer, will begin at 8 a.m., Eastern Daylight Time (5 a.m., Pacific Daylight Time). (Read
more...)
May 21, 2012
Volcano's Proprietary iFR® Functionality Demonstrates Excellent Results in Presentations at EuroPCR 2012
Three datasets were presented for the first time at EuroPCR that expand the clinical data supporting Volcano's proprietary Instant Wave-Free Ratio™ Functionality (iFR® Functionality). The goal of iFR® Functionality is to provide a functional, lesion-specific assessment in seconds, without injecting a vasodilator drug to induce stress on the heart. (Read
more...)
May 15, 2012
FAME II: Should Fractional Flow Reserve (FFR) Be Mandatory?
Commentary from the Editor's Blog: Earlier today, the opening day of EuroPCR, Dr. Bernard De Bruyne presented preliminary results from the FAME II trial which tested the diagnostic power of Fractional Flow Reserve to guide PCI (stenting) of the coronary arteries. He concluded in his remarks: "Whether a patient needs PCI, or is better off with medical treatment, the data thus far reveal that treatments based on FFR guidance provide superior outcomes." (Read
more...)
May 15, 2012
FAME II Trial Demonstrates FFR-Guided PCI Superior to Medical Treatment in Preliminary Findings
St. Jude Medical, Inc. (NYSE:STJ), a global medical device company, today announced that data from the FAME II trial demonstrated a significant difference in the need for urgent revascularization when Fractional Flow Reserve (FFR)-guided assessment was used to direct treatment in patients with stable coronary artery disease. These highly statistically significant results validate the profound role that FFR-guided therapy has in improving patient outcomes. (Read
more...)
May 14, 2012
Fractional Flow Reserve and Intravascular Imaging on Stage at EuroPCR
Starting tomorrow, the largest European meeting of interventional cardiologists begins in Paris, and for four days, physicians will be watching demonstrations, live cases and lectures about a wide range of technologies and techniques -- and Intravascular Imaging and Guidance will be a topic on many physician's minds, as more and more data is presented, demonstrating how these imaging modalities can make percutaneous coronary interventions (PCI) better. (Read
more...)
May 14, 2012
Volcano to Highlight its Leadership in Precision Guided Therapy at EuroPCR 2012
Volcano Corporation (NASDAQ: VOLC) today announced its plans to highlight its extensive product portfolio, strong product pipeline, and presentations on Fractional Flow Reserve (FFR) and Instant Wave-Free Ratio™ Functionality (iFR™) at EuroPCR 2012, a major cardiology meeting being held in Paris from May 15-18. (Read
more...)
May 14, 2012
St. Jude Medical Continues Strong Show of PCI Optimization Technologies at EuroPCR
St. Jude Medical, Inc. today announced it will display a number of technologies from the company's wide array of clinical solutions and launch its next-generation PressureWire™ Fractional Flow Reserve (FFR) assessment guidewire at EuroPCR 2012. (Read
more...)
May 7, 2012
Volcano Corporation Presentation At JMP Securities Conference To Be Webcast
Volcano Corporation (NASDAQ: VOLC) said today that it will be participating in the 11th Annual JMP Securities Research Conference on Monday, May 14. The presentation by John Dahldorf, chief financial officer, will begin at 10:30 a.m., Pacific Daylight Time (1:30 p.m., Eastern Daylight Time). (Read
more...)
May 3, 2012
Volcano Corporation Presentation At Deutsche Bank Conference To Be Webcast
Volcano Corporation (NASDAQ: VOLC) said today that it will be participating in the Deutsche Bank 37th Annual Health Care Conference on Tuesday, May 8. The presentation by John Dahldorf, chief financial officer, will begin at 4:10 p.m., Eastern Daylight Time (1:10 p.m., Pacific Daylight Time). (Read
more...)
May 2, 2012
Volcano Corporation Reports 12% Increase in 1st Quarter Revenues
For the quarter ended March 31, 2012, Volcano reported revenues of $90.4 million versus revenues of $81.0 million in the first quarter a year ago. Year-over-year medical segment revenues increased 15 percent in the first quarter of 2012. (Read
more...)
April 23, 2012
Abbott and St. Jude Medical Broaden Alliance for Cardiovascular Products in the United States
Abbott (NYSE: ABT) and St. Jude Medical (NYSE: STJ) today announced Choice Alliance, a multi-year joint initiative that provides mutual U.S. customers access to a robust portfolio of interventional cardiology, cardiac rhythm management, electrophysiology and intravascular imaging and diagnostic technologies. (Read
more...)
April 23, 2012
Volcano Corporation Schedules First Quarter Conference Call, Webcast
Volcano Corporation (NASDAQ: VOLC), a leading developer and manufacturer of precision guided therapy tools designed to enhance the diagnosis and treatment of coronary and peripheral vascular disease, today announced it will report its operating results for the first quarter of fiscal 2012 on Wednesday, May 2. The company will hold a conference call to discuss its financial results and operating activities open to all interested parties at 2 p.m., Pacific Daylight Time, (5 p.m., Eastern Daylight Time), Wednesday, May 2. (Read
more...)
March 5, 2012
Volcano Corporation Presentation at Roth Conference to be Webcast
Volcano Corporation (NASDAQ: VOLC) said today that it will be participating in the Roth Capital 24th Annual Orange County Growth Stock Conference on Monday, March 12. The presentation by John Dahldorf, chief financial officer, will begin at 9 a.m., Pacific Daylight Time (12 p.m., Eastern Daylight Time). (Read
more...)
February 22, 2012
Volcano Reports 14 Percent Increase in Fourth Quarter Revenues; Medical Segment Revenues Grow 20 Percent
For the quarter ended December 31, 2011, Volcano reported revenues of $92.7 million versus revenues of $81.2 million in the fourth quarter a year ago. Year-over-year medical segment revenues increased 20 percent in the fourth quarter of 2011. Industrial segment revenues in the fourth quarter declined 70 percent versus a year ago, due to reduced spending in the telecommunications sector. (Read
more...)
February 9, 2012
Volcano Corporation Schedules Fourth Quarter Conference Call, Webcast
Volcano Corporation (NASDAQ: VOLC) today announced it will report its operating results for the fourth quarter of fiscal 2011 on Wednesday, February 22. The company will hold a conference call to discuss its financial results and operating activities open to all interested parties at 2 p.m., Pacific Standard Time, (5 p.m., Eastern Standard Time), Wednesday, February 22, hosted by Scott Huennekens, president and chief executive officer, and John Dahldorf, chief financial officer. (Read
more...)
January 21, 2012
FAME II Is Not the "Anti-COURAGE": Stents and Angioplasty in the Spotlight
There's been much talk this week, given the news that the FAME II clinical trial ended enrollment early, due to ethical concerns that were generated by the fact that patients randomized to Optimal Medical Therapy (OMT) alone were returning to the hospital in significant numbers for "urgent revascularization." So is this a reversal of the COURAGE trial results? Not according to the principal investigators of both the FAME II trial AND the COURAGE trial, whom I have spoken with in the past 48 hours. (Read
more...)
January 18, 2012
Does FAME II Trump COURAGE? FFR: Key to Stents and Angioplasty
Commentary from the Editor's Blog: St. Jude Medical (NYSE:STJ) announced that it is stopping enrollment in its FAME II trial after only 2/3 of the planned patients were included. Why? Because the interim data so clearly favor the use of Fractional Flow Reserve (FFR) to guide stenting (PCI) in stable angina patients that the independent Data Safety Monitoring Board (DSMB) for the trial has concluded that it would be unethical to continue to randomize patients to optimal medical therapy (OMT) alone. Wait a minute! Did they say that using optimal medical therapy alone was unethical for the treatment of stable angina patients? That's pretty big news! (Read
more...)
January 18, 2012
Independent Data Safety Monitoring Board Recommends St. Jude Medical's FAME II Clinical Trial Stop Enrollment Following Positive Interim Analysis
St. Jude Medical, Inc. (NYSE:STJ) announced today that an interim analysis of the FAME II trial has found a highly statistically significant reduction in the need for hospital readmission and urgent revascularization when Fractional Flow Reserve (FFR)-guided assessment was used to direct treatment in patients with coronary artery disease. As a result of the positive interim analysis, the FAME II independent Data Safety Monitoring Board (DSMB) has recommended investigators stop patient enrollment in this trial as the DSMB considers it unethical to continue to randomize patients to optimal medical therapy (OMT) alone. (Read
more...)
January 9, 2012
Volcano Corporation Announces Preliminary 4QTR Revenues for 2011
Volcano Corporation (NASDAQ: VOLC) said today it expects total revenues for the fourth quarter of 2011 will be approximately $92.7 million, bringing expected full year 2011 revenues to approximately $343.5 million. (Read
more...)
January 3, 2012
Volcano Corporation Presentation at J.P. Morgan Conference to be Webcast
Volcano Corporation (NASDAQ: VOLC) said today that it will be participating in the 30th Annual J.P. Morgan Healthcare Conference on Tuesday, January 10. The presentation by Scott Huennekens, president and chief executive officer, will begin at 9:30 a.m., Pacific Standard Time. (Read
more...)
December 7, 2011
ADVISE: New Tool May Help Determine Stent and Angioplasty Appropriateness
Results of ADVISE, a pilot study testing the validity of concept of a new adenosine-free assessment of stenosis severity, were published today in the Journal of the American College of Cardiology as an expedited manuscript. This proof of concept study also provided a correlation of iFR against fractional flow reserve (FFR). The r value in 157 stenoses measured was 0.90, virtual equivalence. (Read
more...)
December 4, 2011
Stents, Angioplasty and PCI: The Uncertainty Principle (MEDICARE Style)
The question of the day, regarding whether or not to stent a coronary artery, is now being brought to the forefront by the U.S. government in the form of a Medicare "Demonstration Project". And by "brought to the forefront", I mean MONEY! -- as in "we won't pay you if we determine that the stent procedure was inappropriate." (Read
more...)
December 2, 2011
Women's Heart Disease and Intravascular Ultrasound (IVUS)
More evidence that intravascular imaging is critically important -- a broadcast on CBS affiliate WGCL-TV in Atlanta shows how a type of coronary narrowing more typical in women may not be seen on a standard angiogram because it's evenly distributed along the arterial wall or channel and doesn't appear as a "spike" or sudden narrowing -- yet it may be restricting the flow of blood to the heart just the same. (Read
more...)
November 29, 2011
iFR: A New Way to Judge Stents and Angioplasty for Coronary Blockages?
iFR is a faster and less invasive way of determining whether or not a blockage is ischemia-producing. It does not require adenosine infusion and it removes virtually all of the objections that a cardiologist may have to using functional measurement, rather than angiography alone. (Read
more...)
November 22, 2011
Volcano Corporation Announces Presentations at Upcoming Investor Conferences
Volcano Corporation (NASDAQ: VOLC) said today that it will be participating in two upcoming investor conferences. On Tuesday, November 29, the company will participate in the 23rd Annual Piper Jaffray Health Care Conference. On Tuesday, December 6, the company will participate in the Canaccord Genuity 6th Annual Cardiovascular, Aesthetics and Metabolic Disorders Conference. (Read
more...)
November 14, 2011
ADVISE Study Results Demonstrate the Instant Wave-Free Ratio™, a Vasodilator-Free Measure of Stenosis Severity, is Comparable to FFR
Volcano Corporation (NASDAQ: VOLC) and Imperial College London jointly announced the results of the ADVISE (ADenosine Vasodilator Independent Stenosis Evaluation) study during a Late Breaking Clinical Trial session at the Transcatheter Therapeutics Conference (TCT 2011) in San Francisco. The results have also been accepted for publication in the Journal of the American College of Cardiology. ADVISE assessed the ability of an investigational product called instant wave-Free Ratio™ (iFR™), to provide a measurement of the severity of a coronary stenosis that is similar to fractional flow reserve (FFR), the gold standard for assessing ischemia, without the need for pharmacologic vasodilation. (Read
more...)
November 9, 2011
Upgraded ACCF/AHA/SCAI Guidelines Reinforce Benefits of Volcano's Precision Guided Therapy Technologies
Volcano Corporation (NASDAQ: VOLC) supports the elevation of Intravascular Ultrasound (IVUS) and Fractional Flow Reserve (FFR) technologies in the updated clinical guidelines for the management of patients undergoing percutaneous coronary intervention (PCI). The update was issued earlier this week by the American College of Cardiology Foundation (ACCF), American Heart Association (AHA), and Society for Cardiovascular Angiography and Interventions (SCAI). (Read
more...)
November 4, 2011
Volcano Corporation Announces Upcoming Presentation of Late-Breaking Clinical Trial Results and FFR Product Launch at TCT 2011
Volcano Corporation (NASDAQ: VOLC) today announced that results from the ADVISE (ADenosine Vasodilator Independent Stenosis Evaluation) clinical trial, sponsored by Volcano, will be presented in a Late-Breaking Session at Transcatheter Cardiovascular Therapeutics (TCT 2011), which is taking place from November 7-11 in San Francisco. Volcano also announced it is launching a new fractional flow reserve (FFR) pressure wire, the PrimeWire PRESTIGE™ PLUS, Volcano's newest FFR wire and the third pressure guidewire it has introduced in the last three years. (Read
more...)
October 31, 2011
Volcano Reports 18% Increase in Total Third Quarter Revenues
Volcano Corporation (NASDAQ: VOLC) said today that revenues for the third quarter of 2011 increased 18 percent versus the third quarter of 2010. For the quarter ended September 30, 2011, Volcano reported revenues of $85.8 million versus revenues of $72.9 million in the third quarter a year ago. (Read
more...)
October 28, 2011
Fractional Flow Reserve (FFR) Guides Stent Treatment for So-Called "Widow Maker" Artery
The results of this study show that a significant number of patients with a proximal Left Anterior Descending (LAD) blockage do not need angioplasty or bypass surgery and can be treated safely with medical therapy only. (Read
more...)
October 28, 2011
Volcano Corporation Appoints Leslie V. Norwalk and Dr. Eric J. Topol to Board of Directors
Volcano Corporation (NASDAQ: VOLC), a leading developer and manufacturer of precision guidance therapy tools designed to enhance the treatment of coronary and peripheral vascular disease, today announced the appointment of Leslie V. Norwalk, Esq., and Eric J. Topol, M.D., to the company's board of directors. (Read
more...)
October 27,
2011
Volcano
Corp Schedules Events for TCT 2011
Volcano Corporation has scheduled several events for this year's Transcatheter
Cardiovascular Therapeutics (TCT) meeting, being held November 7-11 in San
Francisco. These events will be highlighting their intravascular guidance technologies,
in particular a new adenosine-free FFR technique. (Read
more...)
October 17,
2011
Volcano
Corporation Schedules Third Quarter Conference Call, Webcast
Volcano Corporation (NASDAQ: VOLC), a leading developer and manufacturer of
precision intravascular therapy guidance tools designed to enhance the diagnosis
and treatment of coronary and peripheral vascular disease, today announced
that it will report its operating results for the third quarter of fiscal 2011
on Monday, October 31. (Read
more...)
October 6, 2011
Intravascular
Ultrasound (IVUS) Imaging Reveals Hidden Heart Attack Culprit
In Women
A heart attack can occur in a coronary
artery that looks completely normal on angiography, long
considered the "gold standard" of
coronary imaging. But newer techniques, such as intravascular
ultrasound (IVUS) and cardiac magnetic
resonance (CMR) imaging, were able to reveal the cause of the incident: plaque
disruption. (Read
more...)
September 27, 2011
New
Techniques Can Help Doctors Decide Who Needs A Stent
Two emerging technologies can help doctors determine more precisely when and
where to place a stent. Sometimes called “Intravascular Guidance Tools,” Intravascular
Ultrasound (IVUS) and Fractional Flow Reserve (FFR) are images and measurements
that give the doctor a closer look inside the artery, and more information
about how well blood is flowing through the artery to the heart. (Read
more...)
September 27, 2011
FFR:
Why Isn't Everyone Using It?
Guidelines give FFR an "A", leaders in interventional cardiology say it is "a
very important tool". Studies show it reduces "inappropriate stenting" and
saves money. So why do less than 20% of PCIs take advantage of FFR? (Read
more...)
September 27, 2011
An
IVUS State of Mind
Images we see form a construct in our brains of what may be reality. For half-a-century,
the 2-D shadow images of the coronary arteries, as served up by the "gold standard" of
angiography, have informed cardiologists as to what a stenosis is. But newer
intravascular imaging modalities have challenged those black-and-white renderings
and are yielding a new, more accurate way to "see" and think about coronary
artery lesions: "an IVUS state of mind". (Read
more...)
September 1, 2011
Volcano
Corporation Announces Presentations at Upcoming Investor
Conferences
Volcano Corporation (NASDAQ: VOLC), a leading developer and manufacturer of
precision intravascular diagnosis and therapy guidance tools designed to enhance
the treatment of coronary and peripheral vascular disease, said today that
it will be participating in two upcoming investor conferences on September
7 and 8. (Read
more...)
August 2, 2011
Volcano
Corporation Presentation at Canaccord Genuity Conference
to be Webcast
Volcano Corporation (NASDAQ: VOLC) said today that it will be participating
in the 2011 Canaccord Genuity Growth Conference on Tuesday, August 9. The presentation
by Scott Huennekens, president and chief executive officer, will begin at 11
a.m., Eastern Daylight Time (8 a.m., Pacific Daylight Time). (Read
more...)
August 1, 2011
Volcano Reports
22 Percent Increase in Second Quarter Medical Segment Revenues
and Earnings per share of $0.09
Volcano Corporation (NASDAQ: VOLC) said today that revenues
for the second quarter of 2011 increased 14 percent versus the second quarter
a year ago in total, including a 22 percent increase in medical segment revenues
versus the second quarter a year ago. "During the quarter, we continued to
successfully drive our initiatives to achieve market share gains and increase
utilization for our core FM (Functional Management) and IVUS (Intravascular
Ultrasound) offerings. Year-over-year revenues from the sale of IVUS and FM
disposables increased 22 percent and 54 percent, respectively," said Scott
Huennekens, president and chief executive officer of Volcano. (Read
more...)
July 18, 2011
Volcano
Corporation Schedules Second Quarter Conference Call, Webcast
Volcano Corporation (NASDAQ: VOLC) today announced that it will report its
operating results for the second quarter of fiscal 2011 on Monday, August 1.
The company will hold a conference call to discuss its financial results and
operating activities open to all interested parties at 2 p.m., Pacific Daylight
Time (5 p.m., Eastern Daylight Time), Monday, August 1, hosted by Scott Huennekens,
president and chief executive officer, and John Dahldorf, chief financial officer. (Read
more...)
June 17, 2011
Volcano
Corporation Presentation at Wells Fargo Conference to be
Webcast
Volcano Corporation (NASDAQ: VOLC) said today that it will be participating
in the 2011 Wells Fargo Securities Healthcare Conference on Wednesday, June
22. The presentation by John Dahldorf, chief financial officer, will begin
at 9:30 a.m., Eastern Daylight Time (6:30 a.m., Pacific Daylight Time). (Read
more...)
June 10, 2011
Volcano
Corporation Presentation at William Blair Conference to
be Webcast
Volcano Corporation (NASDAQ: VOLC) said today that
it will be participating in the William Blair & Company 31st Annual Growth
Stock Conference on Thursday, June 16. The presentation by Scott Huennekens,
president and chief executive officer, will begin at 8:40 a.m., Central Daylight
Time (9:40 a.m., Eastern Daylight Time). (Read
more...)
May 31, 2011
Volcano Corporation
Presentation at Goldman Sachs Conference to be Webcast
Volcano Corporation (NASDAQ: VOLC), a leading developer and manufacturer of
precision intravascular diagnosis and therapy guidance tools designed to enhance
the treatment of coronary and peripheral vascular disease, said today that
it will be participating in the Goldman Sachs 32nd Annual Global Healthcare
Conference on Wednesday, June 8. (Read
more...)
May 28, 2011
Boston
Scientific Recalls iCross™ Intravascular Ultrasound (IVUS)
Coronary Imaging Catheters
Boston Scientific Corporation (NYSE: BSX) announced on Friday that it is voluntarily
recalling all of its iCross™ Coronary Imaging Catheters due to reports of catheter
tip detachments caused by embrittlement of the catheter material. The company
reports that the recall affects almost 30,000 units distributed in the United
States, Puerto Rico, Trinidad, Tobago and the American Virgin Islands. (Read
more...)
May 26, 2011
Statement
From Volcano Corporation on Latest St. Jude Lawsuit
Volcano Corporation (NASDAQ: VOLC) commented on a new lawsuit filed May 24,
2011 by St. Jude Medical in a Delaware court, reprising many of the claims
that were recently decided (in Volcano's favor) by a Massachusetts court. Volcano
stated that it "denies these unfounded allegations. Volcano firmly believes
that this latest lawsuit has no merit, and looks forward to the opportunity
to proving so in court." (Read
more...)
May 16, 2011
Volcano
to Highlight its Precision Guided Therapy Technologies
at EuroPCR
Volcano Corporation (NASDAQ: VOLC) today announced its participation in the
Paris course for Revascularization (EuroPCR) from May 17 - 20. Volcano's focus
will be on highlighting the strength of its product portfolio, which includes
innovative devices like the Vascular Imaging Balloon Catheter (VIBE® RX), and
its sponsorship of a symposium that highlights the use and value of Precision
Guided Therapy in clinical practice today. (Read
more...)
May 4, 2011
Volcano
Corporation to Supply Intravascular Ultrasound Technology
to Covidien for Integration with Plaque Excision Systems
Volcano Corporation (NASDAQ: VOLC) today announced the signing of a supply
agreement with ev3, a Covidien company, under which Volcano will supply its
proprietary Intravascular Ultrasound (IVUS) technology for use in ev3's Plaque
Excision Systems. Utilizing the digital IVUS transducer incorporated in Volcano's
market leading EagleEye® catheter product line, this new product will be capable
of running on Volcano's global installed base of 5,000 systems. (Read
more...)
May 4, 2011
Volcano
Achieves 22 Percent Increase in First Quarter Revenues;
Sales Growth, Margin Expansion Drive Profitability
Volcano Corporation (NASDAQ: VOLC) said today that revenues in the first quarter
of 2011 increased 22 percent versus revenues in the first quarter of 2010.
For the quarter ended March 31, 2011, Volcano reported revenues of $81.0 million,
compared with revenues of $66.6 million in the first quarter a year ago, and
gross margin was 65.6 percent in the first quarter of 2011 compared to gross
margin of 60.0 percent in the first quarter a year ago. (Read
more...)
May 4, 2011
Volcano
Corporation Presentation at Bank of America Merrill Lynch Conference
to be Webcast
Volcano Corporation (NASDAQ: VOLC), a leading developer and manufacturer of
precision intravascular diagnosis and therapy guidance tools designed to enhance
the treatment of coronary and peripheral vascular disease, said today that
it will be participating in the Bank of America Merrill Lynch Health Care Conference
on Wednesday, May 11. (Read
more...)
April 29, 2011
St. Jude Medical
Sponsored Study Determines FFR Can Improve Health while
Reducing Economic Burden to German Healthcare System
St. Jude Medical, Inc. (NYSE:STJ), a global medical device company, today announced
that an analysis of the benefits to using a Fractional Flow Reserve (FFR)-guided
intervention strategy found that the technology can improve patient outcomes
while saving millions of Euros. The analysis demonstrates that routine use
of FFR could reduce the number of deaths and heart attacks of German citizens
while also saving a potential 14,000,000EUR in 2011 and 2012. (Read
more...)
April 25, 2011
Volcano Corporation Schedules First Quarter Conference Call, Webcast
Volcano Corporation (NASDAQ: VOLC), a leading developer and manufacturer of precision intravascular therapy guidance tools designed to enhance the diagnosis and treatment of coronary and peripheral vascular disease, today announced that it will report its operating results for the first quarter of fiscal 2011 on Wednesday, May 4. (Read more...)
April 5, 2011
Volcano
Announces the Introduction of the PrimeWire PRESTIGE® Pressure
Guide Wire in Japan
Volcano Corporation (NASDAQ: VOLC) today announced it has received clearance
to market the PrimeWire PRESTIGE® pressure guide wire in Japan. In addition
to accurately measuring intravascular pressure via Fractional Flow Reserve
(FFR), the PrimeWire PRESTIGE® pressure guide wire delivers superior handling
with a frontline tip design, enhanced torque and more support. (Read
more...)
April 2, 2011
Volcano
Corporation Announces Presentations at American College
of Cardiology 2011
Volcano Corporation (NASDAQ: VOLC) today announced its participation in the
60th Annual Scientific Session of the American College of Cardiology (ACC)
from April 2nd to April 5th, 2011 in New Orleans. (Read
more...)
March 10, 2011
Volcano
Corporation Presentation at Roth Capital Conference to
be Webcast
Volcano Corporation (Nasdaq: VOLC) said today that
it will be participating in the Roth 23rd Annual Orange County Growth Stock
Conference on Monday, March 14. (Read
more...)
March 8, 2011
Volcano
Corp CEO Scott Huennekens to Ring NASDAQ Bell
Tomorrow Volcano Corporation (NASDAQ:VOLC) holds its 2011 Analyst Day at the
NASDAQ MarketSite in New York City and, to start the festivities off, President
And Chief Executive Officer Scott Huennekens will ring the NASDAQ Stock Market
Opening Bell. (Read
more...)
March 4, 2011
Volcano
Announces the Introduction of the Eagle Eye® Platinum
Digital IVUS Catheter at the 20th PCI Live Demonstration
Course in Kurashiki
Volcano Corporation (Nasdaq: VOLC) announced today that it received clearance
to market the Eagle Eye® Platinum digital IVUS catheter in Japan. Full
market release of Eagle Eye® Platinum in Japan is expected in the second
quarter of 2011. This state-of-the-art catheter offers all of the benefits
of the predecessor
Eagle Eye® Gold catheter, plus improved deliverability and the convenience
of additional radiopaque markers. (Read
more...)
March 1, 2011
Volcano
Corporation Announces Webcast of March 9th Analyst Day
Volcano Corporation (Nasdaq: VOLC) will hold its 2011 Analyst Day on Wednesday,
March 9, at the NASDAQ MarketSite in New York City. The webcast will begin
at 10 a.m., Eastern Standard Time (7 a.m., Pacific Standard Time) and conclude
at 2 p.m., Eastern Standard Time (11 a.m., Pacific Standard Time). (Read
more...)
February 23, 2011
Volcano Reports
Record Revenue and GAAP Profitability for 2010
Volcano Corporation (Nasdaq: VOLC), a leading developer and manufacturer of
precision intravascular diagnosis and therapy guidance tools designed to enhance
the treatment of coronary and peripheral vascular disease, today reported record
revenues for the fourth quarter and all of fiscal 2010. (Read
more...)
February 14, 2011
Laser
Wars: Volcano Vindicated on OCT Trade Secret Suit
Last week the Superior Court of Massachusetts entered a Final Judgment in the
latest round of "Laser Wars" being waged between Volcano Corporation and St.
Jude Medical. Both companies "lasered up" a few years ago...and that has led
to their "lawyering up" -- remember "Stent Wars"? So here's what happened.... (Read
more...)
February 14, 2011
Volcano Corporation
Schedules Fourth Quarter Conference Call, Webcast
Volcano Corporation (Nasdaq: VOLC) will report its operating results
for the fourth quarter and all of fiscal 2010 on Wednesday, February 23.
The company will hold a conference call to discuss its financial results and
operating activities open to all interested parties at 2 p.m., Pacific Standard
Time, (5 p.m., Eastern Standard Time), Wednesday, February 23, hosted by Scott
Huennekens, president and chief executive officer, and John Dahldorf, chief
financial officer. (Read
more...)
February 10, 2011
Final
Superior Court Ruling on Trade Secret Lawsuit Favors Volcano
Corporation and Its Axsun Subsidiary
Scott Huennekens, President and CEO of Volcano stated, "After two-plus
years of litigation, we are gratified by the Court's decision. Neither Volcano
nor Axsun used any of LightLab's purported trade secrets in Volcano's development
of its OCT System, or Axsun's OCT tunable laser. With LightLab's trade secret
allegations now behind us, we will continue to focus our energy on developing
key products that improve patient care." (Read
more...)
February 8, 2011
Fractional
Flow Reserve: A "How-To" Guide for Cardiologists
In the December 1 issue of Catheterization and Cardiovascular Interventions,
a team, headed by Dr. Bernard De Bruyne of Belgium, published a "how-to" guide
on FFR titled, "Practical tips and tricks for the measurement of fractional
flow reserve". (Read
more...)
January 31, 2011
OCT
Wars: St. Jude Versus the Volcano
Commentary from the Editor's Blog: It used to
be "Stent Wars", but now we are seeing "OCT
Wars", today at least, when a decision from the Massachusetts
Superior Court was looked at in two entirely different
ways. (Read
more...)
January 31, 2011
Massachusetts
Court Rules in Favor of Volcano and Against St. Jude Medical
Subsidiary in Trade Secrets Case
Volcano Corporation (Nasdaq: VOLC) said today that the Superior Court of Massachusetts
has issued a decision that ruled in favor of Volcano and its wholly-owned subsidiary
Axsun Technologies, Inc., and against LightLab Imaging, Inc., on all of LightLab's
remaining claims for trade secret misappropriation. The 11-page decision also
rejected LightLab's request for injunctive relief. This ruling follows prior
Court rulings, in October 2010 and December 2009, that rejected other LightLab's
trade secret misappropriation claims. LightLab Imaging is a wholly-owned subsidiary
of St. Jude Medical, Inc. (Read
more...)
January 31, 2011
St. Jude Medical Announces Superior Court Ruling in Trade Secret Lawsuit Involving Its OCT Business and Volcano Corporation and Axsun Technologies
St. Jude Medical, Inc. (NYSE:STJ) today announced that the Superior Court of Massachusetts has issued rulings in outstanding litigation between LightLab Imaging Inc. (acquired last year by St. Jude Medical), Volcano Corporation (Nasdaq: VOLC) and its subsidiary Axsun Technologies, Inc. The rulings find that Volcano Corporation and Axsun Technologies violated a Massachusetts law against engaging in unfair competition and unfair or deceptive acts or practices, through a pattern of inappropriate conduct directed at key technology used in the company's Optical Coherence Tomography (OCT) product platform. (Read more...)
January 19, 2011
PROSPECT
Study Published in NEJM Demonstrates That Volcano's IVUS
and VH® IVUS Technologies Can Assess Risk of a Future Clinical
Event Better Than Using Angiography Alone
Results from the PROSPECT (Providing Regional Observations to Study Predictors
of Events in the Coronary Tree) study, first presented at the TCT meeting in
2009, were published today in The New England Journal of Medicine, with supplemental
material that was not part of the original presentation. Results showed that
grayscale intravascular ultrasound (IVUS) and Volcano's proprietary VH® IVUS
tissue characterization software enable physicians to more accurately assess
the risk of individual blockages than the use of the current standard-of-care
angiographic imaging alone. (Read
more...)
January 10, 2011
Volcano
Corporation Announces Preliminary Record Revenues for Fourth
Quarter 2010 and Full Year 2010
Volcano Corporation (Nasdaq: VOLC) said today that it expects total revenues
for the fourth quarter of 2010 will be approximately $81.0 million, bringing
expected full year 2010 revenues to approximately $294.0 million. The company's
revenue expectations for fiscal 2010 compare with prior guidance for revenues
of $286.0-$290.0 million and reflect year-over-year revenue growth of approximately
29 percent. (Read
more...)
January 4, 2011
Volcano
Corporation Presentation at J.P. Morgan Conference to be
Webcast
Volcano Corporation (Nasdaq: VOLC) said today that it will be participating
in the 29th Annual J.P. Morgan Healthcare Conference on Tuesday, January 11.
The presentation by Scott Huennekens, president and chief executive officer,
will begin at 9 a.m., Pacific Standard Time (12 p.m., Eastern Standard Time). (Read
more...)
December 16, 2010
Fractional
Flow Reserve (FFR) Makes Stent Procedures More Cost Effective
-- and Better!
A report in this week's Circulation, the Journal of the American Heart
Association, analyzes data from the highly-impactful FAME study and concludes: "Economic
evaluation of the FAME study reveals that FFR-guided percutaneous coronary
intervention in patients with multivessel coronary disease is one of those
rare situations in which a new technology not only improves outcomes but also
saves resources." (Read
more...)
December 7, 2010
Fractional
Flow Reserve and Stents
Interventional cardiologist William Fearon of Stanford sat down with Angioplasty.Org
recently to talk about a better way to judge if a patient might benefit from
a stent. Instead of looking at the x-ray angiogram and saying, "That's a 70%
blockage -- let's put a stent in there and you'll feel much better," Dr. Fearon
advocates the use of a thin pressure wire which actually measures the flow
through the narrowing. The technology is called Fractional Flow Reserve or
FFR. (Read
more...)
December 7, 2010
Interview
with William Fearon, MD
Co-principal investigator at Stanford of the FAME and FAME II studies and leader
in the use of Fractional Flow Reserve (FFR) offers his assessment of FFR as
a diagnostic tool for stenting (or not) and gives us a preview of FAME II,
which is basically the COURAGE trial, guided by FFR. Also Dr. Fearon discusses
some exciting developments in using pressure wires to measure microvasculature
function. (Read
more...)
December 1, 2010
Volcano
Corporation Presentation at Canaccord Genuity Conference
to Be Webcast
Volcano Corporation (Nasdaq: VOLC) said today that it will be participating
in the 5th Annual Canaccord Genuity Cardiovascular, Diabetes & Obesity
Conference on Tuesday, December 7. The presentation by John Dahldorf, chief
financial officer, will begin at 11:30 a.m., Pacific Standard Time (2:30 p.m.,
Eastern Standard Time). (Read
more...)
November 23, 2010
Volcano
Corporation Presentation at Piper Jaffray Health Care Conference
to be Webcast
Volcano Corporation (Nasdaq: VOLC), a leading developer and manufacturer of
precision intravascular diagnosis and therapy guidance tools designed to enhance
the treatment of coronary and peripheral vascular disease, said today that
it will be participating in the 22nd Annual Piper Jaffray Health Care Conference
on Tuesday, November 30. The presentation by Scott Huennekens, president and
chief executive officer, will begin at 2:30 p.m., Eastern Standard Time (11:30
a.m., Pacific Standard Time). (Read
more...)
November 3, 2010
Volcano
Reports 35% Increase in Third Quarter Revenues
Volcano Corporation (Nasdaq: VOLC) said today that revenues in the third quarter
of 2010 increased 35 percent over revenues in the same period a year ago. The
company's profitability on a GAAP basis improved $9.6 million year-over-year
as it reported net income of $5.6 million in the third quarter of 2010. (Read
more...)
October 27, 2010
To
Stent or Not to Stent: That is the Question!
Dr. Mark Midei has now launched a countersuit against his former employer.
At issue is whether or not he placed over 500 stents unnecessarily. Is there
a better way to make these decisions? Yes. Fractional Flow Reserve. (Read
more...)
October 26, 2010
Volcano
Corporation Schedules Third Quarter Conference Call, Webcast
Volcano Corporation (Nasdaq: VOLC), a leading developer and manufacturer of
precision intravascular therapy guidance tools designed to enhance the diagnosis
and treatment of coronary and peripheral vascular disease, today announced
that it will report its operating results for the third quarter and first nine
months of fiscal 2010 on Wednesday, November 3. (Read
more...)
October 6, 2010
Massachusetts
Court Rules in Favor of Volcano and Against St. Jude Subsidiary
In a 16-page decision, the Court rejected LightLab's claims for protection
of five alleged trade secrets relating to laser technologies, and denied all
of LightLab's requests for permanent injunctions. The ruling followed a two-week
trial on five of a number of trade secret claims alleged by LightLab. A trial
on the remaining trade secret claims has not yet been scheduled. (Read more...)
October 5, 2010
Go
With the Flow: Fractional Flow Reserve, That Is
Commentary from the Editor's Blog: Last November,
the AHA/ACC/SCAI updated their official guidelines, giving
Fractional Flow Reserve (FFR) a Class "A" level of evidence.
This past August, the European Society of Cardiology updated
their official guidelines, boosting FFR to the highest
possible endorsement. However, only about 15% of cath labs
in the U.S. use this technology. So why aren't more using
FFR, a functional measurement device which has been proven
to reduce healthcare costs? (Read
more...)
October 4, 2010
IVUS
for Every Stent and Angioplasty?
Why does Dr. Pichard use IVUS on every angioplasty? Why is "spot-stenting" better
than stenting "normal-to-normal"? Read the complete interview with the Director
of the Cath Lab at Washington Hospital Center. (Read
more...)
September 22, 2010
Volcano
Reacts Positively to the New European PCI Guidelines That
Raise FFR-Guided PCI to a Class I, Level of Evidence a
Recommendation
The new guidelines recommend FFR to help detect ischemic-related lesions,
when an imaging stress test is not available. There are both clinical and
economic benefits to FFR. The FAME study demonstrated that adhering to
an FFR-guided regimen
for multi-vessel disease is cost-beneficial to the hospital and payers by
reducing material costs by $675 per patient, lowering average length of hospitalization
by 0.3 days and reducing the total patient treatment cost at 12-months by
more than $2,000. (Read
more...)
September 21, 2010
TCT 2010 Volcano
Investor Event at TCT and Sessions of Interest
On Thursday, September 23 at 10:00am, Volcano will be hosting an investor and
analyst event at this year's TCT. The keynote speaker will be Dr. Barry Rutherford,
a leading interventional cardiologist,
who will
be
discussing
the
limitations
of angiography and that its use alone is not sufficient in the diagnosis and
treatment of patients. Dr. Rutherford is director of the Interventional Cardiology
Research Program at the Mid America Heart Institute of Saint Luke’s Hospital
in Kansas City.
In addition, Scott Huennekens, Volcano’s President and Chief Executive Officer,
will provide a brief Q&A session will follow the formal presentations. (Read
more...)
September 21, 2010
Volcano
Drives Innovation Forward With Three New U.S. Product Launches
at TCT 2010
Volcano Corporation (Nasdaq: VOLC) today announced the company's plans to launch
Eagle Eye® Platinum, PrimeWire PRESTIGE™, and the s5™/s5i™ 3.2.1 Software at
the Transcatheter Cardiovascular Therapeutics (TCT) Meeting from September
21 - 25 in Washington DC. "At TCT this year, Volcano is launching three major
new products designed to make FFR and intravascular imaging faster and easier," said
Joe Burnett, Executive Vice President of Marketing. "In an economic environment
that has challenged innovation, we are pleased to be in a position where we
can talk about not one, but three new products. It is this track record of
innovation, and our unique, integrated system that combines both imaging and
FFR, that has helped us earn the number one market share position in the U.S." (Read
more...)
September 21, 2010
Volcano Announces
It Will End Distribution Agreement with Fukuda
Volcano Corporation (Nasdaq: VOLC), said today it has
reached an agreement with Fukuda Desnhi Co., Ltd. to end its distribution agreement
in Japan. This transaction follows the successful transition of its distribution
from Goodman to direct in Japan in July 2009. Fukuda, which distributes Volcano
IVUS offerings to the cardiology market only, currently serves approximately
180 centers and accounts for approximately 20 percent of Volcano's revenues
in Japan--and approximately five percent of the company's total revenues. The
transition will take effect on December 1, 2010. (Read
more...)
September 20, 2010
Volcano Corporation Files Counterclaim Asserting St. Jude Infringes Three Volcano Patents; Answers St. Jude's Patent Infringement Claims
Volcano Corporation today said that it believes the patent infringement claims brought against the company by St. Jude Medical Systems AB and its affiliated companies are without merit. In a filing made today in the United States District Court for the District of Delaware, Volcano denies allegations that its PrimeWire(R) products infringe any valid claim of St. Jude's asserted patents. Moreover, as described in detail in its answer, Volcano believes that two of the asserted St. Jude patents are unenforceable because they were obtained through acts of fraud on the United States Patent and Trademark Office (USPTO). (Read more...)
September 15, 2010
Volcano
Corporation Prices $100 Million 2.875 Percent Convertible
Senior Notes Due 2015
Volcano Corporation (Nasdaq: VOLC) today announced the pricing of its offering
of $100 million aggregate principal amount of 2.875 percent convertible senior
notes due September 1, 2015 registered under the Securities Act of 1933, as
amended. Prior to June 1, 2015, the notes will be convertible only upon certain
circumstances. (Read
more...)
September 13, 2010
Volcano Corporation
to Offer $100 Million Convertible Senior Notes Due 2015
Volcano Corporation (Nasdaq: VOLC) today announced its intention to offer,
subject to market and other conditions, approximately $100 million principal
amount of convertible senior notes due September 1, 2015 in an offering registered
under the Securities Act of 1933, as amended (the "Securities Act"). Prior
to June 1, 2015, the notes will be convertible only upon certain circumstances.
Upon conversion, holders will receive up to the principal amount of the notes
in cash and any excess conversion value in shares of Volcano's common stock. (Read
more...)
September 1, 2010
InfraReDx Receives FDA Clearance for LipiScan IVUS Coronary Imaging System
LipiScan IVUS is the first cardiac catheter to combine intravascular ultrasound
(IVUS) and near-infrared (NIR) spectroscopy to help cardiologists identify
and characterize the plaques that complicate stenting and are associated with
acute coronary events. The NIR spectroscopy identifies the chemical content
of the plaques; the IVUS provides an image of plaque structure and stent features.
The Company expects to conduct a broad commercial launch of the system within
the U.S. by year-end 2010, and anticipates regulatory approval and launch in
Europe during 2011. (Read
more...)
August 31, 2010
New 2010 ESC Guidelines for Percutaneous Coronary Interventions Reinforce Importance of FFR in Treatment of Coronary Artery Disease
The ESC guidelines, which are intended to assist health care providers in clinical
decision making, now classify FFR-guided treatment as "Class I, with level
of evidence A." Level of evidence A is the highest level available, requiring
the most clinical evidence, and is awarded only when data has been derived
from multiple randomized clinical trials or meta-analyses. Class I indicates
a general agreement that a given treatment or procedure is beneficial, useful,
and effective. (Read
more...)
August 9, 2010
The Un-Stent
Wars: Call Out the Fractional Flow Reserves
Commentary from the Editor's Blog: St. Jude
Medical (NYSE: STJ) is suing Volcano Corporation (Nasdaq: VOLC)
over
five patents used in St. Jude's Fractional Flow Reserve
(FFR) PressureWire. What is FFR and why is it the subject of this lawsuit? (Read
more...)
August 3, 2010
Volcano Corporation
Presentation at Canaccord Genuity Growth Conference to
be Webcast
Volcano Corporation (Nasdaq: VOLC), a leading developer and manufacturer of
precision intravascular therapy guidance tools designed to enhance the diagnosis
and treatment of coronary and peripheral vascular disease, said today that
it will be participating in the 30th Annual Canaccord Genuity Growth Conference
on Tuesday, August 10. (Read
more...)
July 30, 2010
Volcano
Reports Record Quarterly Revenues and Profitability
The company reports on its 2nd Quarter, ending June 30, showing that year-to-date
revenues increased 36%. The company also announced an advanced Forward-Looking
Imaging Technology acquisition. (Read
more...)
July 27, 2010
Volcano Will Strongly Defend
Against St. Jude Lawsuit
Volcano Corporation (Nasdaq: VOLC) stated today that it will vigorously defend
against the patent infringement lawsuit filed against it by St. Jude Medical
in federal district court in Delaware. Volcano believes that the claims against
it are entirely without merit, and looks forward to vindicating its rights
in court. (Read
more...)
July 27, 2010
St. Jude Medical
Files Patent Infringement Lawsuit Against Volcano Corporation
in the U.S.
St. Jude Medical, Inc. (NYSE:STJ), a global medical device company, announced
today that it has filed a lawsuit against Volcano Corporation for patent infringement.
The suit, which involves five St. Jude Medical patents and seeks injunctive
relief and monetary damages, was filed in the United States District Court
for the District of Delaware. (Read more...)
July 20, 2010
Volcano Corporation
Schedules Second Quarter Conference Call, Webcast
Text Volcano Corporation (Nasdaq: VOLC), today announced that it will
report its operating results for the second quarter and first six months of
fiscal 2010 on Friday, July 30. The company will hold a conference call to
discuss its financial results and operating activities open to all interested
parties at 5:30 a.m., Pacific Daylight Time (8:30 a.m., Eastern Daylight Time),
Friday, July 30, hosted by Scott Huennekens, president and chief executive
officer, and John Dahldorf, chief financial officer. (Read
more...)
June 23, 2010
To Stent or
Not To Stent: Fractional Flow Reserve (FFR) Trumps Angiography
in Diagnosing Blockages up to 90%
The authors of a new study pubished in JACC conclude: "In patients with multivessel
CAD, coronary angiography is an inappropriate tool to identify ischemia-producing
stenoses
as detected
by
the
FFR. This discrepancy
between angiographic and functional stenosis severity is not only present in
the 50% to 70% stenosis range but also in the 71% to 90% stenosis range." (Read
more...)
May 27, 2010
Stent
Helpers: IVUS, OCT and FFR -- Intravascular Tools At EuroPCR
Commentary from the Editor's Blog: Three intravascular
imaging/therapeutic modalities have been making news this
month, both in the U.S. and in Paris at the EuroPCR meeting
ending tomorrow. They are Optical Coherence Tomography
(OCT), Intravascular Ultrasound (IVUS) and Fractional Flow
Reserve (FFR). (Read
more...)
May 26, 2010
Volcano
Introduces VIBE™ RX - the World’s Only Vascular Imaging
Balloon Catheter
Volcano Corporation (NASDAQ: VOLC) announced today that it has received CE
Mark approval for the VIBE™ RX Vascular Imaging Balloon Catheter. The company
also announced that it has completed its first clinical cases with the VIBE™ RX
in New Zealand. A single VIBE™ RX Catheter can quickly access, prepare, and
assess challenging lesions. IVUS guidance provides precise, targeted balloon
dilatation with immediate confirmation of interventional results. (Read
more...)
May 25, 2010
St.
Jude Medical Enrolls First Patient in FAME II Clinical
Trial to Study Use of Fractional Flow Reserve Technology
in Patients With Stable Coronary Artery Disease
St. Jude Medical, Inc. (NYSE:STJ) announced
today at EuroPCR that the first patient was enrolled in the FAME II (Fractional
Flow Reserve (FFR)-Guided Percutaneous Coronary Intervention Plus Optimal Medical
Treatment vs. Optimal Medical Treatment Alone in Patients with Stable Coronary
Artery Disease) trial. The goal of the FAME II trial is to study the role of
Fractional Flow Reserve (FFR) in the treatment of stable coronary artery disease
by comparing the clinical outcomes, safety and cost effectiveness of percutaneous
coronary intervention (PCI) guided by FFR plus optimal medical treatment (OMT)
to OMT alone. (Read
more...)
May 24, 2010
Volcano
Announces Plans to Introduce Multiple New Products at EuroPCR
2010
Volcano Corporation (Nasdaq: VOLC) announced today the company's plans to highlight
its new product launches, presence in live cases, and participation in late
breaking trials during EuroPCR from May 25 - 28 in Paris. (Read
more...)
May 20, 2010
Physicians
Cite Positive First Clinical Experience with Volcano's
Eagle Eye® Platinum Digital IVUS Catheter
Volcano Corporation (Nasdaq: VOLC) announced today the completion of the first
clinical cases using the new Eagle Eye® Platinum digital IVUS catheter. The
procedures were performed in seven centers within the United States. Commercial
launch of Eagle Eye® Platinum in the U.S. is expected in June 2010. (Read
more...)
May 20, 2010
Volcano
Announces Positive Clinical Experience With Its Second
Generation OCT Catheter, Prepares for U.S. Regulatory Study
Volcano Corporation (Nasdaq: VOLC) announced today the successful completion
of Optical Coherence Tomography (OCT) cases with Volcano's second generation
OCT catheter and system. Pending IDE approval, Volcano plans to use this OCT
system in the US and South America as part of VOILA, a U.S. regulatory trial
during 2010. Commercial release of Volcano's OCT system is expected in Europe
in early 2011 and in the U.S. in mid-2011. (Read
more...)
May 19, 2010
St.
Jude Medical to Acquire LightLab Imaging
St. Jude Medical stated that its acquisition of Optical Coherence Tomography
technology will provide the company with a product platform to compete in
and potentially
expand
$500
million
coronary
imaging market. (Read
more...)
May 19, 2010
Volcano Announces 510(k) Clearance,
CE Mark Approval, and First Clinical Use for the PrimeWire PRESTIGE™ Pressure Guide Wire
Volcano Corporation (Nasdaq: VOLC) announced today it received both 510(k)
clearance and CE Mark approval for its PrimeWire PRESTIGE™ Pressure
Guide Wire for use with patients who have both single-vessel and multi-vessel
disease.
This next generation pressure wire is compatible with Volcano's full suite
of integrated multi-modality consoles and stand-alone physiology systems as
well as various hemodynamic monitoring systems. (Read
more...)
May 5, 2010
LightLab Imaging
Announces FDA Clearance of C7-XR(TM) Coronary OCT Products
in the United States
LightLab Imaging, Inc.
has received clearance from the US FDA for
the C7-XR Imaging System and companion C7 Dragonfly Imaging Catheter. These
products, incorporating LightLab's latest generation Frequency Domain OCT (FD-OCT™)
technology, are currently approved in over 35 countries in Europe and Asia,
and have been used by leading hospitals to perform high resolution imaging
of vessel and lumen morphology in thousands of coronary interventions to date. (Read
more...)
May 5, 2010
Volcano
Corporation Presentation at Bank of America Merrill Lynch
Health Care Conference to Be Webcast
Volcano Corporation (Nasdaq: VOLC) said today that it will be participating
in the Bank of America Merrill Lynch Health Care Conference on Tuesday, May
11. The presentation by Scott Huennekens, president and chief executive officer,
will begin at 9:20 a.m., Eastern Daylight Time (6:20 a.m., Pacific Daylight
Time). (Read
more...)
May 3, 2010
Volcano
Reports 36 Percent Increase in First Quarter Revenues
Volcano Corporation (Nasdaq: VOLC), a leading developer and manufacturer of
precision intravascular therapy guidance tools designed to enhance the diagnosis
and treatment of coronary and peripheral vascular disease, said today that
revenues for the first quarter of 2010 increased 36 percent over the first
quarter of 2009. (Read
more...)
April 27, 2010
See
One, Score One for Stents
Commentary from the Editor's Blog: Two technologies
working together -- IVUS lets you see what the lesion looks
like, and the AngioSculpt balloon lets you do something
to improve the outcome of the stenting. (Read
more...)
April 27, 2010
Volcano
Announces Distribution Agreement With AngioScore for the
AngioSculpt® PTCA Scoring Balloon Catheter in Japan
Scott Huennekens, President and CEO of Volcano stated, "This relationship
between Volcano and AngioScore now combines two technologies: Visualization
with Volcano's intravascular imaging products to build a lesion specific strategy;
and tailored therapy with the AngioSculpt Scoring Balloon Catheter to deliver
a targeted treatment for that specific type of lesion. This concept of precision-guided
therapy using intravascular imaging has already taken hold in Japan where the
technique is used in more than 70% of all PCI procedures. Our distribution
of the AngioSculpt device now gives us access to both parts of the equation
- imaging and therapy." (Read
more...)
April 26, 2010
Volcano
Corporation Schedules First Quarter Conference Call, Webcast
The company will hold a conference call to discuss its financial results and
operating activities open to all interested parties at 2 p.m., Pacific Daylight
Time, (5 p.m., Eastern Daylight Time), Monday, May 3, hosted by Scott Huennekens,
president and chief executive officer, and John Dahldorf, chief financial officer. (Read
more...)
March 12, 2010
Volcano
Expands Access to FFR with Ability to Integrate with the
Majority of Hemodynamic Monitoring Systems
The value of Fractional Flow Reserve in guiding PCI (percutaneous coronary
interventions) has been shown in the FAME studies, as well as others. Yet the
number of labs using FFR shows that it is an underused modality. Integrating
FFR into standing hemodynamic monitoring systems simplifies the use of this
valuable tool. Today Volcano announced that it is offering FFR
technology integrated with the existing systems manufactured by GE, Siemens,
McKesson, and Mennen. (Read
more...)
March 11, 2010
Volcano Announces
Activities at the ACC 2010
The company announced its activities today at Annual Scientific Sessions of
the American College of Cardiology (ACC) Conference taking place in Atlanta
from March 14th to March 16th. Presentations and new product launches will
continue Volcano's mission to demonstrate the limitations of angiography and
the value of IVUS, FFR and OCT. (Read
more...)
March 3, 2010
Functional
Measurement Functioning Well at Volcano
Volcano Corporation (Nasdaq: VOLC) announced its fourth quarter results earlier
today. And if the company's results are any indication, both IVUS and functional
measurement (FM) technologies are increasingly finding a place in the interventional
cardiologist's armamentarium. Volcano's sales of IVUS catheters were up 29%,
but their FFR measurement product was up a whopping 92% over the previous fourth
quarter. (Read
more...)
March 3, 2010
Volcano
Reports 44% Increase in Fourth Quarter Revenues
Volcano Corporation (Nasdaq: VOLC) said today that
revenues for the quarter ended December 31, 2009, were $71.0 million, an increase
of 44 percent versus revenues of $49.3 million in the fourth quarter a year
ago. Revenues for the fourth quarter of 2009 included $5.8 million from Axsun
Technologies, Inc., which Volcano acquired in the fourth quarter of 2008, and
contributed $578,000 in revenues in the fourth quarter a year ago. The Company
also reported that IVUS disposable sales grew 29%, while FM (Functional Measurement)
disposable revenues increased 92%. (Read
more...)
February 24, 2010
Volcano
Corporation Schedules Fourth Quarter Conference Call, Webcast
The company will hold a conference call to discuss its financial results and
operating activities open to all interested parties at 2 p.m., Pacific Standard
Time, (5 p.m., Eastern Standard Time), Wednesday, March 3, hosted by Scott
Huennekens, president and chief executive officer, and John Dahldorf, chief
financial officer. (Read more...)
February 11, 2010
IVUS
vs. FFR -- Boston Style
Is Intravascular Ultrasound (IVUS) really "10 times better" than
Fractional Flow Reserve (FFR)? Boston Scientific thinks so. (Read
more...)
February 9, 2010
Volcano
Has AAA Week: Accused, Approved and Acquired
Commentary from the Editor's Blog: Volcano Corporation
(Nasdaq: VOLC) has had a pretty interesting week, from
a jury ruling against the company to an FDA approval and
a significant product acquisition. (Read
more...)
February 9, 2010
Volcano
Receives FDA Clearance to Market the Eagle Eye® Platinum
Digital IVUS Catheter
Volcano Corporation (Nasdaq: VOLC), announced today that
it has received 510(k) clearance from the U.S. Food and
Drug Administration (FDA) to market the Eagle
Eye® Platinum digital IVUS catheter in the United States. This state-of-the-art
catheter offers all of the benefits of the predecessor Eagle Eye® Gold catheter,
plus improved deliverability and the convenience of additional radiopaque markers. (Read
more...)
February 9, 2010
Volcano
Corporation Completes Acquisition of Lumen Biomedical's
Xtract™ Thrombus Aspiration Catheter
Volcano Corporation (Nasdaq: VOLC), a leading developer and manufacturer of
precision intravascular therapy guidance tools designed to enhance the diagnosis
and treatment of coronary and peripheral vascular disease, announced today
that it has acquired the Xtract™ Thrombus Aspiration Catheter device line from
Lumen Biomedical. (Read
more...)
February 5, 2010
Volcano
Corporation Announces Litigation Status
Volcano Corporation (Nasdaq: VOLC) today announced that the jury in the litigation
filed by Lightlab Imaging, Inc. on January 7, 2009 in the Superior Court of
Massachusetts, Suffolk County reached a verdict against Volcano and its wholly
owned subsidiary, Axsun Technologies. (Read
more...)
January 11, 2010
Volcano
Corporation Announces Preliminary Record Revenues for Fourth
Quarter 2009; Total Year Revenues are Expected to Exceed
Prior Guidance
Volcano Corporation (Nasdaq: VOLC) said today that it expects total revenues
for fiscal 2009 will be approximately $228.0 million, with revenues in the
fourth quarter of fiscal 2009 expected to be approximately $71.0 million, reflecting
year-over-year revenue growth of approximately 33 percent. (Read
more...)
January 5, 2010
Volcano
Corporation Presentation at J.P. Morgan Conference to be
Webcast
Volcano Corporation (Nasdaq: VOLC) said today that it will be participating
in the 28th Annual J.P. Morgan Healthcare Conference on Tuesday, January 12.
The presentation by Scott Huennekens, president and chief executive officer,
will begin at 2 p.m., Pacific Standard Time, (5 p.m., Eastern Standard Time). (Read
more...)
January 5, 2010
Volcano
Corporation Announces Receipt of CE Mark for Its OCT Imaging
System and Catheter
Volcano Corporation (Nasdaq: VOLC) announced today receipt of CE mark for their
OCT (Optical Coherence Tomography) imaging system and catheter. Volcano's OCT
product line is expected to complement its existing line of IVUS imaging catheters
and pressure guide wires used for coronary imaging and lesion assessment. (Read
more...)
December 22, 2009
Volcano
Corporation Commends the Elevation of FFR to Level of Evidence
A in New PCI Guidelines
Based on the strength of the latest clinical data supporting the usage of Fractional
Flow Reserve (FFR), the American Heart Association (AHA), the American College
of Cardiology (ACC), and the Society for Cardiovascular Angiography and Interventions
(SCAI) elevated the level of evidence for FFR in their guidelines from Level
B to Level A, the highest level possible. The guidelines
suggest that FFR can be useful to evaluate intermediate blockages in coronary
arteries, determine which lesions will benefit from stenting, and which should
be treated with medical therapy alone. (Read
more...)
December 15, 2009
Volcano
Announces Installed Base Growth Milestone
Volcano Corporation (Nasdaq: VOLC), a leading developer of precision intravascular
therapy guidance tools - including Fractional Flow Reserve (FFR), Intravascular
Ultrasound (IVUS), Forward Looking IVUS and Optical Coherence Tomography (OCT)
- designed to enhance the diagnosis and treatment of coronary and peripheral
vascular disease, announced today the placement of over 2,500 s5 family consoles
worldwide. The s5 family of consoles was first launched in April 2006, with
more than 1,000 systems placed in the last 12 months alone. (Read
more...)
December 4, 2009
Axsun
Technologies, A Wholly-Owned Subsidiary of Volcano Corporation,
Announces Breakthrough Integrated Light Source Architecture
for Optical Coherence Tomography (OCT) Imaging
Axsun Technologies, Inc., a wholly-owned subsidiary of Volcano Corporation
(Nasdaq: VOLC), today announced the initial development and successful testing
of its novel integrated High Definition Swept Source -- or HDSS(tm) -- which
is based on a non-laser source of photons. The HDSS is expected to enable high
resolution at unprecedented speeds in medical imaging systems. Axsun believes
this proprietary optical engine design raises the bar on imaging speed and
overcomes fundamental limitations of laser-based designs for swept source OCT
light sources. (Read
more...)
November 25, 2009
Fractional
Flow Reserve (FFR) Recognized in Guidelines, Not So Much
In Reimbursement
Commentary From the Editor's Blog: Lower costs
and a third less heart attacks and deaths. FFR should be
in every cath lab, right? Yet currently penetration of
this technology in the U.S. is only 5%. (Read
more...)
November 25, 2009
Fractional
Flow Reserve (FFR) Gains in Updated ACC/AHA/SCAI Guidelines
The use of Fractional Flow Reserve (FFR) to determine whether or not to treat
a coronary blockage with angioplasty or stents has received a boost from the
newly released "Focused Updates to the ACC/AHA/SCAI Guidelines on Percutanous
Coronary Intervention." (Read
more...)
November 24, 2009
Volcano Corporation
Presentation at Piper Jaffray Conference to be Webcast
Volcano Corporation (Nasdaq: VOLC), a leader in the development, manufacture
and sales of products for the diagnosis and treatment of coronary and peripheral
artery disease, said today that it will be participating in the 21st Annual
Piper Jaffray Health Care Conference on Tuesday, December 1. (Read
more...)
November 9, 2009
Volcano
Corporation Presentation at Canaccord Adams Conference
to Be Webcast
Volcano Corporation (Nasdaq: VOLC), a leader in the development, manufacture
and sales of products for the diagnosis and treatment of coronary and peripheral
artery disease, said today that it will be participating in the Third Annual
Canaccord Cardiovascular Conference on Tuesday, November 10. (Read
more...)
November 5, 2009
Volcano Reports
22 Percent Increase in Third Quarter Revenues
Volcano Corporation (Nasdaq: VOLC) today reported revenues of $53.9 million
for the third quarter of fiscal 2009.
The results for the quarter ended September 30, 2009, represent an increase of
22 percent over revenues of $44.1 million in the third quarter of 2008. (Read
more...)
September 24, 2009
Results
From Landmark PROSPECT Trial Demonstrate the Ability of
Volcano's VH® IVUS Imaging to Identify Plaques Most Likely
to Cause Heart Attacks
PROSPECT results presented today include the landmark finding that angiographically
mild lesions with certain morphologic features on grayscale and VH IVUS present
with a 3 year cardiac event rate of 17%, versus other morphologies (indistinguishable
by conventional angiograms) with three year event risks of less than 1%. (Read
more...)
September 23, 2009
Volcano
Corporation Praises FAME Study Results
The results of the prospective, multi-center trial at 12-months, originally
published in the New England Journal of Medicine in 2009, demonstrate that
patients with multi-vessel coronary artery disease who were treated by FFR
guidance had a 34% reduction in death and myocardial infarction (MI) compared
to angiographic guidance alone. The clinical benefit of FFR-guidance at two
years showed the sustained reduction in death and heart attacks of 34%. (Read
more...)
September 10, 2009
Volcano
Corp. Announces Events at TCT Meeting
Volcano Corporation (Nasdaq: VOLC), a leader in the fields of Intravascular
Ultrasound (IVUS) and Functional Measurement (FM) today announced a wide variety
of events taking place at this year's Transcatheter Cardiovascular Therapeutics
(TCT) meeting in San Francisco. A wide spectrum of activities will demonstrate
how these technologies can improve the results obtained from angioplasty and
stenting, and includes late-breaking clinical trials, symposia with panels
of experts, live case demonstrations and an investor event. (Read
more...)
September 1,
2009
Volcano
Corporation Presentation at Weisel Conference to be Webcast
Volcano Corporation said today that it will be participating in the Thomas
Weisel Partners Healthcare Conference 2009 on Wednesday, September 9.
The presentation by John Dahldorf, chief financial officer, will begin at 8 a.m.,
Eastern Daylight Time (5 a.m., Pacific Daylight Time). (Read
more...)
August 25, 2009
Volcano
Corporation and Siemens Healthcare Announce Global Resale
Agreement for Volcano IVUS/FFR Systems
Volcano Corporation (Nadsaq: VOLC), announced today that it has entered into
a non-exclusive, global resale agreement with Siemens Healthcare, a sector
of Siemens AG (NYSE: SI). Under this agreement, Siemens will resell Volcano-branded
s5i IVUS/FFR systems and accessories alongside Siemens' Artis family of X-ray
systems. (Read
more...)
August 7, 2009
Volcano
Corporation Presentation At Canaccord Adams Conference
To Be Webcast
Volcano Corporation (Nadsaq: VOLC), a leader in the development, manufacturing
and sales of products for the diagnosis and treatment of coronary and peripheral
artery disease, said today that it will be participating in the Canaccord Adams
29th Annual Global Growth Conference on Thursday, August 13. (Read
more...)
August 4, 2009
Volcano Reports
30 Percent Increase in Second Quarter Revenues
Volcano's CEO Scott
Huennekens states, "IVUS disposable revenues in the quarter were $31.8 million,
a record quarter for this business, and a 26 percent increase over the second
quarter a year
ago. FM revenues in the quarter were a record $7.2 million, with FM disposable
revenues increasing 75 percent over the second quarter a year ago. In addition,
we continued our successful IVUS/FM console placement initiatives, placing
233 consoles versus 178 a year ago, an increase of 31 percent.... These results
portray the value of our technology innovation, effective sales and marketing
programs and the growing recognition among clinicians that IVUS and FM can
play an important role in the diagnosis
and treatment of patients. (Read
more...)
July 27, 2009
Volcano
Corporation Schedules Second Quarter Conference Call, Webcast
Volcano Corporation (Nasdaq: VOLC) will hold a conference call to discuss its
financial results and operating activities open to all interested parties at
2 p.m., Pacific Daylight Time (5 p.m., Eastern Daylight Time), Tuesday, August
4, hosted by Scott Huennekens, president and chief executive officer, and John
Dahldorf, chief financial officer. (Read
more...)
July 8, 2009
Volcano Achieves
Major Milestone in Japan Direct Sales Initiative With Signing
of Termination Agreement With Goodman
Volcano Corporation said today it has signed a termination
agreement with its largest distributor in Japan, Goodman Company, Ltd. This
agreement, which took effect today, will enable Volcano to accelerate
its transition to a direct sales force in the market to support its
intravascular ultrasound (IVUS) and Functional Measurement (FM) consoles
and disposables, as well as products currently in development. (Read
more...)
July 5, 2009
Interview
with Giulio Guagliumi, MD About Optical Coherence Tomography
and Stents
Dr. Giulio Guagliumi, an internationally recognized leader in the use of Optical
Coherence Tomography (OCT) in the coronary arteries, practices in the Cardiovascular
Department of Ospedali Riuniti di Bergamo in Bergamo, Italy. Dr. Guagliumi
has been published in numerous peer-reviewed journals and is principal investigator
in several clinical trials assessing the performance of stents inside the coronary
artery, using OCT imaging. In this interview, he discusses the dynamic changes
occurring with this technology. (Read
more...)
May 25, 2009
Meeting
to Highlight Use of New Imaging Technologies for Guiding
Stent and Angioplasty Procedures
This week marks one of the first courses to focus exclusively on the range
of innovative intravascular imaging and measurement technologies that have
been gaining in use over the past couple of years. "OCT, IVUS, FFR: When, Where,
How" will be held on May 28 and 29 in Bergamo, Italy. The course will utilize
the newest innovations in Optical Coherence Tomography(OCT), Intravascular
Ultrasound (IVUS), Virtual Histology (VH) and Fractional Flow Reserve (FFR)
and how they can be used to optimize percutaneous procedures, such as angioplasty
and stenting. (Read
more...)
May 19, 2009
Optical Coherence
Tomography (OCT) Presentations by Volcano at EuroPCR 2009
Volcano Corporation (Nasdaq: VOLC) today highlights its technology leadership
position in the emerging field of Optical Coherence Tomography (OCT) at the
EuroPCR conference in Barcelona, Spain. Volcano's wholly owned subsidiary,
Axsun, has developed what we believe to be a truly revolutionary new class
of ultra-miniaturized external cavity lasers that are expected to power the
highest performance OCT systems for intracoronary and other medical imaging
segments. (Read more...)
May 19, 2009
New
Intravascular Ultrasound (IVUS) Study of Underexpanded
Stents, Thrombosis and Restenosis
A study, published in the current issue of JACC Interventions, details 120
drug-eluting stent cases as viewed by intravascular ultrasound (IVUS) in order
to examine characteristics that may lead to in-stent restenosis (ISR) or stent
thrombosis. The researchers found that in cases of thrombosis, the proximal
parts of many of the stents were inadequately expanded. An accompanying editorial
suggests greater use of IVUS and more attention to detail can reduce the number
of these adverse clinical events. (Read
more...)
May 18, 2009
Volcano
Announces Worldwide Exclusive Distribution Agreement With
Lumen Biomedical for Xtract™ Thrombus Aspiration
Catheter
Volcano Corporation (Nasdaq: VOLC) today announced an exclusive worldwide distribution
agreement to initiate the formal launch of the Xtract™ thrombus aspiration
catheter, manufactured by Lumen Biomedical. The Xtract thrombus aspiration
catheter is available for immediate sale in the U.S. and Europe. This marks
Volcano's entry into what some believe is a $70+ million aspiration market. (Read
more...)
May 13, 2009
Volcano
Corporation Presentation at JMP Conference to be Webcast
Volcano Corporation (Nasdaq: VOLC) said today that it will be participating
in the Eighth Annual JMP Securities Research Conference on Monday, May 18.
The presentation by John Dahldorf, chief financial officer, will begin at 3:00
p.m., Pacific Daylight Time (6:00 p.m., Eastern Daylight Time). (Read
more...)
May 6, 2009
Volcano
Corporation Presentation at Bank of America/Merrill Lynch
Conference to be Webcast
Volcano Corporation (Nasdaq: VOLC) said today that it will be participating
in the Bank of America and Merrill Lynch 2009 Health Care Conference on Thursday,
May 14. The presentation by Scott Huennekens, president and chief executive
officer, will begin at 11:20 a.m., Eastern Daylight Time (8:20 a.m., Pacific
Daylight Time). (Read
more...)
May 5, 2009
Volcano
Reports 1st Quarter Revenues of $49 Million; IVUS and FM
Businesses Grew 24%
Volcano Corp. (VOLC) reports a greater loss over the same period in 2008, due
mainly to lower margins and the strength of the dollar. However, revenue of
intravascular ultrasound and functional measurement products grew 24%. (Read
more...)
May 4, 2009
Effectiveness
in Stenting
As Volcano's CEO Scott Huennekens writes in an op-ed piece, there's a whole
toolbox of devices and techniques that are candidates for "comparative effectiveness" in
that they may be able to increase the success of interventional procedures
-- or even target patients who need these procedures more accurately. (Read
more...)
April 27, 2009
Volcano
Corporation Schedules First Quarter Conference Call, Webcast
Volcano Corporation (Nasdaq: VOLC), a leader in the development, manufacturing
and sales of products for the diagnosis and treatment of coronary and peripheral
artery disease, today announced that it will report its operating results for
the first quarter of fiscal 2009 on Tuesday, May 5. (Read
more...)
March 27, 2009
Volcano
Announces the Availability of Integrated Fractional Flow
Reserve Technology on All Major Cardiovascular X-ray Angiography
Systems
Volcano Corporation (Nasdaq: VOLC), a leader in the development, manufacturing
and sales of products for the diagnosis and treatment of coronary and peripheral
artery disease, today announced the availability of its integrated Fractional
Flow Reserve (FFR) technology on all major cardiovascular x-ray systems: GE,
Philips, Siemens and Toshiba. (Read
more...)
March 27, 2009
Volcano
Announces Schedule of Events at the ACC 2009, Integration
into Indec and Medis Software Platforms
Joe Burnett, Vice President of Marketing at Volcano commented, "Three years
ago, you could flip through the ACC program and see a couple of presentations
on intravascular assessment using IVUS or FFR. This year, there are more than
50 presentations, case reviews and abstracts focused on FFR, IVUS, OCT, Forward-Looking
IVUS, and VH® IVUS plaque composition. Word is getting out that more precise
guidance during PCI is important, and the sheer number of talks focused on
higher resolution tools, highlight the increased demand for access to these
technologies. (Read
more...)
March 26, 2009
ACC
2009 Sessions on Intravascular Imaging and Functional Measurement
The upcoming American College of Cardiology Annual Scientific Sessions, being
held in Orlando, Florida from March 28-31 is featuring more than 50 presentations,
case reviews and abstracts focused on intravascular imaging and functional
measurement modalities, such as Fractional Flow Reserve (FFR), Intravascular
Ultrasound (IVUS, Optical Coherence Tomography (OCT), as well as newer technologies,
like Forward-Looking IVUS and VH plaque composition. (Read
more...)
February 20, 2009
Volcano
Corporation Announces Webcast of February 25th Analyst
Day
Volcano Corporation (Nasdaq: VOLC) will hold its 2009 Analyst Day on Wednesday,
February 25, at the NASDAQ MarketSite in New York City. The webcast will begin
at 10 a.m., Eastern Standard Time (7 a.m., Pacific Standard Time) and conclude
at 2 p.m., Eastern Standard Time (11 a.m., Pacific Standard Time). (Read
more...)
February 17, 2009
Volcano
Reports Full Year Revenues Increase 31 Percent
Volcano Corporation (Nasdaq: VOLC), a leader in the development, manufacturing
and sales of products for the diagnosis and treatment of coronary and peripheral
artery disease, today reported that revenues for the full year 2008 increased
31 percent over full year 2007 and that revenues for the fourth quarter of
2008 increased 23 percent over revenues in the fourth quarter of 2007. (Read
more...)
February 12, 2009
Volcano
CEO to Present at Roth Capital Partners Conference; Webcast
Announced
Volcano Corporation (Nasdaq: VOLC), a leader in the development, manufacturing
and sales of products for the diagnosis and treatment of coronary and peripheral
artery disease, said today that it will be participating in the Roth Capital
Partners 21st Annual Growth Stock Conference on Wednesday, February 18. (Read
more...)
February 6, 2009
Volcano Corporation
Schedules Fourth Quarter Conference Call, Webcast
Volcano Corporation (Nasdaq: VOLC), a leader in the development,
manufacturing and sales of products for the diagnosis and treatment
of coronary and peripheral artery disease, today announced that
it will report is operating results for the fourth quarter and
all of fiscal 2008 on Tuesday, February 17. (Read more...)
January 20, 2009
Volcano
Highlights Commitment, Market Acceptance of FFR Product
Line
Volcano Corporation (Nasdaq: VOLC), a leader in the development, manufacturing
and sales of products for the diagnosis and treatment of coronary and peripheral
artery disease, today commented on the increased demand for their FFR and IVUS
capable consoles, as well as their FFR pressure guide wires. Since announcement
of the FAME study results at the TCT in October, the FFR option for Volcano's
s5i integrated imaging console was included in more than 90% of all new orders. (Read
more...)
January 17, 2009
FAME: "Back
to the Future"
The leading story about stents this past week has been the publication of the
FAME study and how a new St. Jude Medical device that measures blood pressures
inside the artery can reduce the number of unnecessary angioplasty and stent
procedures. Well...it's not a new device; it's definitely not a new concept;
and St. Jude doesn't exactly get the credit for it either, since their chief
role was to acquire the company that created the product. But it is an important
study! (Read
more...)
January 15, 2009
Better
Outcomes for Stents When Fractional Flow Reserve (FFR)
is Used
One-third fewer stents were used in the FFR group and the difference in outcomes
at one year were significant: the FFR group showed a 28% lower incidence of
major adverse cardiac events (repeat procedure to open the artery, heart attack
or death) -- 18.3% vs. 13.2%. The implication in these results is that placing
stents in lesions that are not responsible for ischemia is not only not necessary,
but may cause worse outcomes. (Read
more...)
January 15, 2009
Interview
with Nico H. J. Pijls, MD, PhD
Angioplasty.Org conducts an exclusive interview with Dr. Nico Pijls, co-principal investigator of the FAME study (Fractional Flow Reserve vs. Angiography
for Multivessel Evaluation) published today in the New England Journal
of Medicine.
The study concludes that "Routine measurement of FFR in patients with multivessel
coronary artery disease who are undergoing PCI with drug-eluting stents significantly
reduces the rate of the composite end point of death, nonfatal myocardial infarction,
and repeat revascularization at 1 year." (Read
more...)
January 7, 2009
Volcano
Announces Closing of Axsun Technologies Acquisition
Volcano Corporation (Nasdaq: VOLC), a leader in the development, manufacturing
and sales of products for the diagnosis and treatment of coronary and peripheral
artery disease, said today that it has closed its previously announced acquisition
of Axsun Technologies, Inc. (Read more...)
January 6, 2009
Volcano
Corporation Presentation at J.P. Morgan Conference to be
Webcast
Volcano Corporation (Nasdaq: VOLC), a leader in the development, manufacturing
and sales of products for the diagnosis and treatment of coronary and peripheral
artery disease, said today that it will be participating in the 27th Annual
J.P. Morgan Healthcare Conference on Wednesday, January 14. (Read
more...)
December 23, 2008
Volcano Announces
Acquisition of Axsun Technologies, Inc.
Volcano Corporation said today that it has entered into a definitive agreement
to acquire Axsun Technologies, Inc., a privately-held company that is a leading
developer and manufacturer of lasers and optical engines used in medical Optical
Coherence Tomography (OCT) imaging systems and advanced photonic components
and subsystems used in other industrial applications. (Read
more...)
December 9, 2008
Interview
with Szilard Voros, MD
Virtual Histology IVUS allows the cardiologist to see not only the plaque inside
the artery, but what the composition of that plaque is. We discuss this new
technology with one of the leading researchers in the field. (Read
more...)
December 2, 2008
Volcano
Corporation: Intravascular Imaging Ascending
In the midst of a recession, Volcano Corporation has shown a 19% increase in
its stock value over the past six months. Its only competitor in the U.S. market
suffered a 55% decrease. Why? (Read
more...)
November 24, 2008
Volcano
Corporation Presentation at Piper Jaffray Conference to
Be Webcast
Volcano Corporation (Nasdaq: VOLC), a leader in the development, manufacturing
and sales of products for the diagnosis and treatment of coronary and peripheral
artery disease, said today that it will be participating in the 20th Annual
Piper Jaffray Health Care Conference on Tuesday, December 2. (Read
more...)
November 5, 2008
78%
Increase in Intravascular Ultrasound Systems Sales Boosts
Volcano Quarterly Growth by 40%
For the quarter ended September 30, 2008, Volcano reported revenues of $44.1
million versus revenues of $31.5 million in the same period a year ago. The
company said that its financial performance was driven by a 78 percent increase
in intravascular ultrasound (IVUS) system revenues and a 29 percent increase
in IVUS disposable revenues year-over-year. (Read
more...)
November 5, 2008
Volcano
Corporation To Report Third Quarter Results Today During
Conference Call, Webcast
Volcano Corporation (Nasdaq: VOLC) will report its operating results for the
third quarter and first nine months of fiscal 2008 on Wednesday, November 5.
The company will hold a conference call to discuss its financial results and
operating activities open to all interested parties at 2 p.m., Pacific Standard
Time (5 p.m. Eastern Standard Time). (Read
more...)
October 22, 2008
ODESSA
Trial Looks Inside Drug-Eluting Stents With Optical Coherence
Tomography (OCT)
(Updated) The results of ODESSA showed that OCT could indeed accurately measure
strut coverage and NIH. An interesting data point was confirmation of the differences
in the currently available DES. ODESSA looked at Cypher, Taxus, Endeavor and
Bare Metal stents. The results showed that at six months, virtually all the
struts of the Endeavor stent were covered -- the healing was even more complete
than with bare metal stents, which reinforces reports of little or no very
late stent thrombosis with the Endeavor. At the same time, an inverse relationship
was observed between strut coverage and growth of neo-intimal hyperplasia (NIH)
-- the Endeavor had the highest NIH growth of the DES (also called Late Loss)
while the Cypher stent had the least Late Loss, but the highest number of uncovered
struts. (Read
more...)
October 15, 2008
Volcano
Corporation Announces Launch of PrimeWire™ Pressure
Guidewire and s5-FFR Option for Existing Fleet of s5 IVUS
Consoles
Volcano Corporation (Nasdaq: VOLC) today announced the launch of the PrimeWire™ Pressure
Guidewire, and the s5-FFR Option for its existing installed base of s5 and
s5i imaging consoles in the U.S. The PrimeWire is Volcano's newest pressure
guidewire, capable of measuring pressure gradients across a lesion to determine
the ischemic nature of the stenosis, and can also help determine the extent
to which the blockage is flow-limiting. (Read
more...)
October 13, 2008
Volcano Corporation
Announces Schedule of Events for TCT (Transcatheter Cardiovascular
Therapeutics Conference) 2008
The company has announced a wide range of events including live case transmissions,
symposia to highlight new products and the clinical utility of Volcano technologies
including FFR, IVUS, VH IVUS, OCT and Forward-Looking IVUS (Read
more...)
October 6, 2008
Volcano Corporation
Relocating Corporate Headquarters to San Diego
The new corporate headquarters is located in the Carmel Valley area of San
Diego and now houses corporate executives, marketing, finance, accounting,
corporate human resources, legal and catheter engineering. The company intends
to expand its operations in San Diego in the future. The company's core research
and development, manufacturing, operations, quality and local human resources
functions will remain in Volcano's facilities in Rancho Cordova, CA. (Read
more...)
September 20, 2008
Volcano
Corporation Schedules Events for 2008 TCT Transcatheter
Cardiovascular Therapeutics Meeting
Volcano Corporation (Nasdaq: VOLC), a leading manufacturer of intravascular
ultrasound (IVUS) and functional measurement (FM) technology, has scheduled
several events to be held during the 2008 TCT meeting in Washington DC, being
held October 12-17, 2008 at the Washington Convention Center. (Read
more...)
September 15, 2008
Volcano
Announces Resignation of Olav Bergheim from Board of Directors
The Company announced today that Olav B. Bergheim, the Volcano's chairman of
the
board,
will resign from the board of directors effective as of the close of business
on January 1, 2009. A co-founder of Volcano, Bergheim is the managing director
of Fjord Ventures LLC, a venture capital firm he founded, and has served as chairman
of Volcano's board since 2001. (Read
more...)
September 2,
2008
Volcano's
Virtual Histology Imaging Allows Major Drug Study (IBIS-2)
to Measure "Vulnerable Plaque"
Volcano's VH® IVUS technology is being used in an imaging study of GlaxoSmithKline's
novel investigational compound, Darapladib. Dubbed the IBIS-2 (Integrated
Biomarker and Imaging Study) the study results demonstrate the benefits
of VH® IVUS
in drug development. (Read
more...)
July 29, 2008
Volcano Corporation
Schedules Second Quarter Conference Call and Webcast
Volcano Corporation (Nasdaq: VOLC), a leading manufacturer and developer of
intravascular ultrasound (IVUS), functional measurement (FM) and Optical Coherence
Tomography (OCT) products designed to enhance the diagnosis and treatment of
coronary and peripheral vascular disease, today announced that it will report
its operating results for the second quarter and first six months of fiscal
2008 on Tuesday, August 5. (Read
more...)
July 8, 2008
Intravascular
Ultrasound (IVUS) May Reduce Drug-Eluting Stent Thrombosis
by a Third
A provocative study in the current issue of the European Heart Journal concludes
that: "IVUS guidance during DES implantation has the potential to influence
treatment strategy and reduce both DES thrombosis and the need for repeat revascularization." The
results were striking, surprising even the investigators. At 12 months, definite
stent thrombosis had occurred in 0.7% of the patients in whom intravascular
ultrasound guidance had been utilized, but in patients where IVUS was not used,
the stent thrombosis rate was 2.0%, almost three times higher. (Read
more...)
June 28, 2008
Interview
with Ron Waksman, MD, FACC
Our IVUS Center features a discussion about an important new study,
just published in the European Heart Journal, showing that IVUS guidance
can improve outcomes with drug-eluting stents, including significantly lower
rates
of stent thrombosis. (Read
more...)
June 3, 2008
When
Can I Stop Taking Plavix? -- A New Imaging Modality May Help
Patients and Physicians Determine Optimal Duration of Antiplatelet
Therapy in the Not-Too-Distant Future
(Updated) The question on the minds of a great
many patients who have had a drug-eluting stent implanted
is: "When can I stop taking Plavix? When will my drug-eluting
stent be completely healed?" It's THE question of the day,
and no one is really sure of the answer. However, a new
imaging technology, called Optical Coherence Tomography
or OCT, may help with this issue in the not-too-distant
future.. (Read
more...)
May 19, 2008
Volcano
Corporation Presentation at JMP Conference to be Webcast
Volcano Corporation (Nasdaq: VOLC), a provider of intravascular ultrasound
(IVUS), functional measurement (FM) and Optical Coherence Tomography (OCT)
products designed to enhance the diagnosis and treatment of coronary and peripheral
vascular disease, said today that it will be participating in the Seventh Annual
JMP Securities Research Conference on Tuesday, May 20. (Read
more...)
May 19, 2008
Volcano
Announces Acquisition of Novelis, Inc.
Novelis' Forward-Looking IVUS technology platform is expected to enable Volcano
to offer an expanded line of minimally invasive diagnostic and therapeutic
devices, especially in the area of chronic total occlusions (CTO). (Read
more...)
May 15, 2008
Intravascular
Ultrasound (IVUS) Use Growing with Integration into Routine
Cath Lab Imaging
Intravascular Ultrasound, or IVUS, is an imaging technology that looks at arteries
from the inside out. Invented two decades ago, IVUS recently has been gaining
in usage due to safety concerns about stent thrombosis and proper stent placement
during angioplasty. (Read
more...)
May 12, 2008
Volcano
Announces Placement of 1,000th s5 and s5i IVUS Imaging
System; Presence at the EuroPCR08 will highlight choice
of different modalities available on single integrated
imaging platform
Scott Huennekens, President and Chief Executive Officer
of Volcano, commented, "Reaching
this milestone as quickly as we have is a clear indication of the clinical
adoption of IVUS and FFR, and the competitiveness of our product. More
and more physicians are using intravascular imaging to measure lesion
significance and improve PCI technique. The ease of use and flexibility
of our newest systems have been very well received. These new systems
are gaining traction with both new IVUS users, as well as those who are
looking to replace their legacy IVUS technology." (Read
more...)
May 8, 2008
Volcano
Corp Announces First Human Use of the Volcano Optical
Coherence Tomography (OCT) Imaging Catheter
Volcano Corporation (Nasdaq: VOLC) announced today the first human procedure
using the Volcano OCT Imaging catheter. The procedure was performed by
Dr. Patrick Serruys at the Thoraxcenter, in Rotterdam, Netherlands. Volcano
OCT will complement its existing line of IVUS imaging catheters and pressure
guidewires used for coronary imaging and lesion assessment. (Read
more...)
May 7, 2008
Volcano
Reports 24 Percent Increase in First Quarter Revenues;
IVUS Disposable Revenues Increase 30 Percent
Volcano Corporation (Nasdaq: VOLC), a leading manufacturer and developer
of intravascular ultrasound (IVUS), functional measurement (FM) and Optical
Coherence Tomography (OCT) products designed to enhance the diagnosis
and treatment of coronary and peripheral vascular disease, today reported
results for the first quarter of fiscal 2008. (Read
more...)
May 5, 2008
Volcano
Announces Participation in SATURN Clinical Trial Sponsored
by AstraZeneca
SATURN is a 104-week, parallel-group, multicentre, double-blind, Phase
IIIb intravascular ultrasound (IVUS) imaging study of approximately 1,300
patients at 170 centres This study by AstraZeneca is designed to measure
the impact of CRESTOR™ (rosuvastatin) 40 mg and atorvastatin (Lipitor®)
80 mg on the progression of atherosclerosis in high risk patients. SATURN
will compare the effects of these two statins on the ability to decrease
progression or induce regression of atherosclerosis, the main cause of
cardiovascular disease, following two years of treatment in patients
with coronary artery disease. (Read
more...)
April 29, 2008
Volcano
Corporation Schedules First Quarter Conference Call,
Webcast
Volcano Corporation (Nasdaq: VOLC), a leading manufacturer and developer
of intravascular ultrasound (IVUS), functional measurement(FM) and Optical
Coherence Tomography (OCT) products designed to enhance the diagnosis
and treatment of coronary and peripheral vascular disease, today announced
that it will report its operating results for the first quarter of fiscal
2008 on Wednesday, May 7. (Read
more...)
March 31, 2008
Volcano
Corporation Announces North America Resale Agreement
with Royal Philips Electronics
Volcano Corporation, leading manufacturer of intravascular ultrasound
(IVUS), announced today that it has entered into a non-exclusive, resale
agreement covering North America with Royal Philips Electronics. Under
this agreement, Philips will resell Volcano-branded s5i IVUS systems
and accessories alongside of the Philips Allura Xper FD X-ray systems. (Read
more...)
March 28, 2008
Volcano
Announces U.S. and European Launch of Rotational IVUS
and Integrated FFR
Volcano Corporation, a leading manufacturer and developer of intravascular
ultrasound (IVUS), functional measurement (FM) and Optical Coherence
Tomography (OCT) products designed to enhance the diagnosis and treatment
of coronary and peripheral vascular disease, announced today the U.S.
and European launch of the s5-Revo and s5-FFR (fractional flow reserve)
options for the s5i integrated Imaging platform. (Read
more...)
March 27, 2008
Intravascular
Ultrasound (IVUS) Events at American College of Cardiology
Annual Meeting
Intravascular ultrasound (IVUS) is scheduled to be part of 29 separate
sessions at this weekend's annual meeting of cardiologists in Chicago.
In addition, IVUS will be used by interventionalists who will be performing
14 live procedures, to be broadcast to the Convention Center at McCormick
Place from Lenox Hill Hospital in New York, and other medical centers
in California, London, Germany, Japan and Australia. (Read
more...)
March 12, 2008
Volcano
Corporation Presentation at Cowen Healthcare Conference
to be Webcast
Volcano Corporation (Nasdaq: VOLC), a leading provider of intravascular
ultrasound (IVUS) and functional measurement (FM) products designed to
enhance the diagnosis and treatment of coronary and peripheral vascular
disease, will be participating in the Cowen and Company 28th Annual Health
Care Conference on Monday, March 17. The presentation by president and
CEO, Scott Huennekens, will begin at 3:15 p.m., Eastern Daylight Time
(12:15 Pacific Daylight Time). (Read
more...)
February 12, 2008
Volcano
Reports 35% Increase in Quarterly Revenues; IVUS Disposable
Revenues Increase 46%
"This growth in our IVUS business occurred despite a sluggish global PCI
market. We believe the ease of use and integration provided by our s5 family
of consoles, along with a growing volume of data demonstrating the value of IVUS
in stenting procedures, is driving our increased market presence in the IVUS
arena," he added. "We are encouraged by what appear to be recent favorable
trends in stenting procedures and believe this will further the growth of our
IVUS offerings," he continued. (Read
more...)
February 7, 2008
Volcano
Announces FDA 510(k) Clearance of Revolution Rotational
Catheter and FFR for the s5i Integrated IVUS Console
These two new product offerings now enable rotational IVUS and FFR to
operate on the same integrated Volcano s5 Imaging System as Volcano's
previous line of phased array IVUS catheters and functionality. For the
first time, physicians can choose among three powerful diagnostic tools
-- all on the same integrated IVUS platform. (Read
more...)
December 10, 2007
Volcano
Announces Agreement to Acquire CardioSpectra
Volcano Corporatio, a provider of intravascular ultrasound (IVUS) and
functional measurement (FM) products designed to enhance the diagnosis
and treatment of vascular and structural heart disease, said today that
it has reached a definitive agreement to acquire CardioSpectra, Inc.,
a privately-held company developing innovative Optical Coherence Tomography
(OCT) technology. CardioSpectra's unique OCT imaging system is expected
to complement Volcano's existing product offerings and will further enhance
Volcano's position as an imaging technology leader in the field of interventional
medicine. (Read
more...)
November 8, 2007
Volcano
Reports Record Third Quarter Revenues
Volcano Corporation, a leading provider of intravascular ultrasound (IVUS)
and functional measurement (FM) products, today reported record revenues
of $31.5 million, a 13 percent increase over revenues of $27.8 million
in the third quarter a year ago. (Read
more...)
November 8, 2007
Cordis
Europe Partnering With Volcano Europe to Provide Access
to Intravascular Imaging (IVUS) for Use in Drug-Eluting
Stent Procedures
One of the major drug-eluting stent makers seems to agree with the idea
that intravascular ultrasound (IVUS) guidance is critical for the proper
placement of their devices. This move is a significant one for Volcano,
which has long been trying to educate the interventional cardiology community
about IVUS. (Read
more...)
October 22, 2007
Volcano
Announces Activities at TCT 2007: Expanded Role of IVUS
in PCI to be Demonstrated
Volcano Corporation, a leading manufacturer of intravascular ultrasound
(IVUS) and functional measurement (FM) technology, announced today activities
planned for the 2007 Transcatheter Cardiovascular Therapeutics (TCT)
conference that will take place from October 20th to October 25th in
Washington D.C. (Read
more...)
October 22, 2007
Volcano
Sponsors First Study Designed to Determine if IVUS Can
Identify Patients at Risk for Stent Thrombosis and to
Demonstrate the Benefit of IVUS Guidance for Procedural
Outcome
3,000 patients will be studied as part of a multi-center IVUS sub-study,
part of the Cardiovascular Research Foundation's ADAPT-DES Study to quantify
the causes and cures of thrombosis in drug-eluting stents. (Read
more...)
September 4, 2007
Volcano
Corporation Presentation at Bear Stearns Conference to
be Webcast
Volcano Corporation, a provider of intravascular ultrasound (IVUS) and
functional measurement (FM) products designed to enhance the diagnosis
and treatment of vascular and structural heart diseases, said today that
it will be participating in the Bear Stearns 2007 Healthcare Conference
on Tuesday, September 11. (Read
more...)
July 24, 2007
Volcano
Corporation Announces Japan Approval of the s5i Integrated
IVUS Platform
Volcano Corporation today announced approval of the s5i Integrated IVUS
System by necessary regulatory authorities in Japan, granting entry into
the Japanese market. Volcano expects to launch the s5i into Japan, which
represents the largest Intravascular Ultrasound (IVUS) market worldwide,
during the current quarter. (Read
more...)
May 30, 2007
Most
Heart Stents Are Placed Imperfectly, Increasing Risk
of Heart Attack or Reclosure
Results of a new study show that stent placement involves a "geographic
miss" two-thirds of the time, resulting in a three-fold increased
risk of heart attack and a two-fold increase in reintervention. The article
includes interviews with Dr. Marco Costa of the University of Florida
College of Medicine in Jacksonville, chief investigator for the S.T.L.L.R.
study, and Dr. Antonio Colombo of Columbus and San Raffaele Hospitals
in Milan, Italy (Read
more...)
May 7, 2007
Volcano
Corporation Reports 49 Percent Increase in Revenues;
IVUS Disposable Sales Increase 33 Percent
(source: Volcano Corporation)
Volcano Corporation, a leading provider of intravascular ultrasound (IVUS)
and functional measurement (FM) products designed to enhance the diagnosis
and treatment of vascular and structural heart diseases, today reported
that revenues in the first quarter of 2007 increased 49 percent over
revenues in the first quarter a year ago. (Read
more...)
April 25, 2007
Volcano
Corporation Schedules First Quarter Conference Call,
Webcast
(source: Volcano Corporation)
The company will hold a conference call to discuss its financial results
and operating activities to all interested parties at 2 p.m., Pacific
Daylight Time (5 p.m. Eastern Daylight Time), Monday, May 7, hosted by
Scott Huennekens, president and chief executive officer, and John Dahldorf,
chief financial officer. (Read
more...)
April 18, 2007
COURAGE,
SPIRIT Data May Support Role of Advanced Imaging and
Diagnosis With IVUS and FFR
(source: Volcano Corporation)
The results of recent studies presented at this year's American College
of Cardiology may support the role played by intravascular ultrasound
(IVUS) and fraction flow reserve (FFR) in diagnosing the need for stenting
more accurately than standard angiography and, when the use of a stent
is indicated, aiding in the accuracy of stent placement. (Read
more...)
April 4, 2007
Volcano
Corp. Reports Use of Intravascular Ultrasound (IVUS)
Increasing as Physicians Refocus on Stent Technique
While use in the United States of DES has decreased from 89% to an estimated
70% over the past year, driven by concerns over stent thrombosis causing
heart attacks, and confidence in Bare Metal Stent (BMS) safety, for the
same period, Volcano has seen an increase of 25% in IVUS revenue, demonstrating
more reliance on detailed imaging to guide optimal DES and BMS placement. (Read
more...)
April 3, 2007
Volcano
Corporation and ev3 Inc. Announce Joint Marketing and
Distribution Agreement
Under the terms of the agreement, Volcano will have the opportunity to
sell ev3's SpiderFX Embolic Protection Device in conjunction with their
Intravascular Ultrasound (IVUS) and Functional Measurement (FM) devices
for use in saphenous vein grafts (SVG's) in the U.S. (Read
more...)
February 13, 2007
Volcano
Corporation and Cordis Endovascular Japan Announces Distribution
Agreement for IVUS Indications
(source: Volcano Corporation)
Volcano Corporation today announced the signing of a distribution agreement
with Johnson & Johnson K.K., Medical Company.The agreement appoints
Cordis Endovascular Systems Japan as a distributor of IVUS products for
use in peripheral and endovascular procedures in Japan.
November 27, 2006
Intravascular
Ultrasound (IVUS) Imaging Technology May Help Lower Rates
of Late Stent Thrombosis
While there are a number of causes of late stent thrombosis that have
been identified, one of the factors most associated is poor apposition
(incomplete expansion or suboptimal positioning) of the drug-eluting
stent. A recent presentation by Dr. William Wijns of Aalst, Belgium at
last month's TCT meeting showed that in 77% of the late stent thrombosis
cases (clotting one year after implantation) the stent showed incomplete
apposition (mal-apposition was seen in only 12% of cases where there
was no stent thrombosis). (Read
more...)
November 13, 2006
Volcano
Announces Clinical Review of Key Presentations From TCT
2006
(source: Volcano Corporation)
The whole field of intravascular ultrasound (IVUS) is gaining in importance
as problems are surfacing about drug-eluting stents. The value of IVUS
October 20, 2006
Volcano
Corporation and MediGuide Ltd. Announce Collaboration
for Advanced Imaging and Navigation Technology
(source: Volcano Corporation)
The companies initially plan to develop Guided IVUS (GIVUS), a product
which will integrate MediGuide's Medical Positioning System (MPS) with
Volcano's intravascular ultrasound (IVUS) system. This combination of
technologies will expand the two dimensional aspect of the existing IVUS
image into a three dimensional image that is designed to provide more
useful clinical information, allow for easier interpretation of the image
by interventional cardiologists and improve the clinical utility of the
image.
October
11, 2006
Volcano
Announces First Permanent Installations of the
Integrated s5i IVUS Imaging System
(source: Volcano Corporation)
The company today announced the first permanent installations of the
s5i IVUS (intravascular ultrasound) imaging system in both the U.S. and
Europe. The s5i is Volcano's first IVUS system that can be integrated
into any new or existing cath lab configuration. Through a series of
customizable components, Volcano can now tailor an integrated IVUS solution
to the unique user and workflow needs for any vendor's cath lab type
or configuration.
August 24, 2006
GE
Healthcare and Volcano Corporation Announce FDA Clearance
of Fully-Integrated Intravascular Ultrasound Imaging
on the Innova Platform
(source: GE
Healthcare and
Volcano Corporation)
The FDA has given clearance to a new integrated state-of-the-art intravascular
ultrasound (IVUS) platform with an all-digital X-ray cath lab imaging
system. (Read
more...)
August 30, 2006
Abbott
Announces Completion of Enrollment in Groundbreaking
Vulnerable Plaque Study
Utilizing the Volcano Therapeutics' intravascular ultrasound imaging
system, the PROSPECT study, headed by Dr. Gregg Stone of Columbia University
Medical Center in New York, will attempt to more clearly define who is
at risk for a heart attack by looking at vulnerable plaque, not just
plaque "build-up". (Read
more...) |
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