Maquet to distribute Novadaq’s CO2 Heart Laser in U.S.

Novadaq Technologies (TSX:NDQ) has selected Maquet Cardiovascular, a unit of Sweden’s Getinge Group, as the exclusive distributor of its CO2 Heart Laser systems and procedure kits in the U.S. The CO2 Heart Laser System for Transmyocardial Revascularization (TMR) is indicated for use in patients suffering from severe angina that is not amenable to traditional medical [...]

Novadaq shipments exceed expectations

Combined third quarter shipments of fluorescence imaging systems by Novadaq Technologies (TSX:NDQ) exceeded expectations by reaching a total of 165, CEO Dr. Arun Menawat said in the third quarter report. “Since the launch of SPY Elite in February and the da Vinci fluorescence imaging system in July, the primary sales focus for our two partners, [...]

Riding the Next Wave

No, we’re not talking about the north coast of Maui but rather a new research platform from long-time biotech analyst David Martin of Dundee Securities. “If I’m going to recommend that investors own a basket of biotech stocks, it makes sense that I ought to initiate on a basket of stocks rather than make one-off [...]

Novadaq gets second milestone from Intuitive

Novadaq Technologies (TSX:NDQ) has received a $1 million payment from Intuitive Surgical (NASDAQ:ISRG)  for achieving the second predefined milestone of their 2009 licence and development agreement. Under the agreement, Novadaq and Intuitive are working to integrate Novadaq’s proprietary SPY imaging technology into the 3D high definition imaging capabilities of Intuitive’s da Vinci surgical robotic system [...]