Wednesday, July 29, 2015

Novadaq Q2 revenue climbs 35%

Novadaq Q2 revenue climbs 35%

July 29, 2015 by · Leave a Comment 

Tweet Novadaq Technologies (NASDAQ:NVDQ; TSX:NDQ) has posted revenue of $15.1-million for the second quarter, an increase of 35% from $11.2-million a year ago. Product sales rose by $3.9-million, or 38%, primarily due to a 64% increase in recurring revenue and a 24% increase in capital sales. “At the start of the year, we initiated our […]

NOVADAQ names Patrice Merrin to board

NOVADAQ names Patrice Merrin to board

March 9, 2015 by · Leave a Comment 

Tweet NOVADAQ Technologies (NASDAQ:NVDQ; TSX:NDQ) has appointed Patrice Merrin to the board. Ms. Merrin is a corporate director with a long record of executive and board leadership success within the natural resources and healthcare industries. She is currently a non-executive director of Glencore and Stillwater Mining, and was chairman of CML HealthCare, a leading provider […]

NOVADAQ posts record revenues in Q4

NOVADAQ posts record revenues in Q4

February 26, 2015 by · Leave a Comment 

Tweet NOVADAQ (NASDAQ:NVDQ; TSX:NDQ) has reported record revenues of $13.0 million for Q4-2014, an increase of 21% from $10.7 million in the fourth quarter of 2013, despite an approximate $2 million shortfall from SPY Elite sales by its former partner, LifeCell.  For all of 2014, the company reported revenue of $46.6-million, an increase of 33% from $35-million […]

NOVADAQ guides to 40% revenue growth in 2015

NOVADAQ guides to 40% revenue growth in 2015

January 12, 2015 by · Leave a Comment 

Tweet Based on NOVADAQ’s business planning and budgeting activities, it announced that it anticipates revenue for all of 2015 to be about $65-million, representing year-over-year growth of approximately 40%. The company made the forecast ahead of its presentation at the J.P Healthcare Conference in San Francisco. In a statement, Dr. Arun Menawat, president and CEO, said […]

NOVADAQ names Roger Deck as CFO

NOVADAQ names Roger Deck as CFO

December 22, 2014 by · Leave a Comment 

Tweet In a series of management changes designed to support continued growth, NOVADAQ (NASDAQ:NVDQ; TSX:NDQ) appointed Roger Deck as CFO, succeeding Stephen Purcell, who is leaving the company. Mr. Deck most recently was NOVADAQ’s VP of operations, a position he has held since 2008. Before assuming that role, he was NOVADAQ’s CFO from 2004 to […]

NOVADAQ to distribute LifeNet’s DermACELL tissue products

NOVADAQ to distribute LifeNet’s DermACELL tissue products

December 10, 2014 by · Leave a Comment 

Tweet NOVADAQ (NASDAQ:NVDQ; TSX:NDQ) has signed a multi-year agreement to become the exclusive worldwide distributor of LifeNet Health’s DermACELL tissue products for wound and breast reconstruction surgery. DermACELL is a technologically advanced acellular dermal matrix (ADM) that can be used in breast reconstruction surgeries, as well as in the treatment of diabetic foot ulcers and […]

NOVADAQ receives additional SPY patent protection

NOVADAQ receives additional SPY patent protection

December 8, 2014 by · Leave a Comment 

Tweet NOVADAQ (NASDAQ:NVDQ; TSX:NDQ) has received a U.S. patent entitled, “Method and Apparatus for Performing Intra-Operative Angiography,” which adds to the ever-increasing patent portfolio surrounding its SPY fluorescence imaging technology. “NOVADAQ  is always growing its intellectual property portfolio and this patent further strengthens the company’s proprietary position with respect to our SPY technology,” president and CEO, Dr. […]

NOVADAQ to obtain SPY Elite rights from LifeCell

NOVADAQ to obtain SPY Elite rights from LifeCell

October 30, 2014 by · Leave a Comment 

Tweet Novadaq Technologies (NASDAQ:NVDQ; TSX:NDQ) and closely held LifeCell have agreed to transfer all marketing and distribution rights to the SPY Elite system from LifeCell to NOVADAQ, effective Nov. 30, 2014. Under the accord, LifeCell will provide certain services during a transition period in December for a service fee equal to the approximate revenue share […]

NOVADAQ inks Japan distribution deal with Mizuho

NOVADAQ inks Japan distribution deal with Mizuho

October 21, 2014 by · Leave a Comment 

Tweet Novadaq Technologies (NASDAQ:NVDQ; TSX:NDQ) has entered into an exclusive five-year agreement with Mizuho Corporation for the distribution of NOVADAQ’s PINPOINT Endoscopic Fluorescence Imaging System in Japan. “The agreement with Mizuho  further strengthens our ability to achieve growth through our commitment to globalization,” Dr. Arun Menawat, president and CEO of NOVADAQ, said in a statement. Mizuho currently […]

Novadaq signs India distribution deal with Kirloskar

Novadaq signs India distribution deal with Kirloskar

October 16, 2014 by · Leave a Comment 

Tweet Novadaq Technologies (NASDAQ:NVDQ; TSX:NDQ) has appointed Kirloskar Technologies as the exclusive distributor for its family of fluorescence imaging technologies in India. The relationship between the two companies officially kicked off today with a signing ceremony overseen by the Honourable Ed Fast, Canada’s Minister of International Trade, at the Taj Palace Hotel in New Delhi “NOVADAQ’s products […]

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