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Stock impact report

Getinge exits surgical perfusion, creating opportunity for Livanova [Yahoo! Finance]

LivaNova PLC - Ordinary Shares (LIVN) 
Last livanova plc - ordinary shares earnings: 4/29 06:00 am Check Earnings Report
US:NASDAQ Investor Relations: livanova.com
Company Research Source: Yahoo! Finance
· Courtesy of Getinge Nick Paul Taylor Thu, January 30, 2025 at 10:59 AM GMT+1 3 min read In This Article GNGBY This story was originally published on MedTech Dive . To receive daily news and insights, subscribe to our free daily MedTech Dive newsletter Dive Brief: Getinge said Tuesday it will phase out its surgical perfusion business and reallocate resources to higher-growth areas such as extracorporeal membrane oxygenation (ECMO) and transplant care. CEO Mattias Perjos said on an earnings call that surgical perfusion has “been a struggling category” since a consent decree forced Getinge off the U.S. surgical perfusion market in 2015. Needham and Stifel analysts framed the news as a positive for Livanova, which they expect to compete for the 450 million Swedish krona (about $41 million) in sales in 2024 that Getinge is giving up on. Dive Insight: Getinge signed a consent decree with the Food and Drug Administration in 2015, agreeing to temporarily suspend p Show less Read more
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