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LivaNova (LIVN) Stock News, Mar-Jun 2024

LIVN Nasdaq

LivaNova PLC reports developments as a global medical technology company focused on selected neurological and cardiac conditions. Company news commonly covers revenue results and guidance, performance in its Cardiopulmonary and Epilepsy businesses, and updates tied to medical-device commercialization and clinical evidence.

Recurring product themes include VNS Therapy for drug-resistant epilepsy, real-world evidence from the CORE-VNS study, and obstructive sleep apnea technology using proximal hypoglossal nerve stimulation. Updates also include FDA regulatory decisions, including premarket approval for the aura6000 System, investor conference appearances, and business update calls.

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LivaNova (Nasdaq: LIVN), a leading medical technology company, will announce its second-quarter 2024 results on July 31, 2024. The results will be discussed in a conference call at 1 p.m. London time (8 a.m. Eastern Time). The event will be audiocast live on the company's website, www.livanova.com/events. Participants are advised to log on 10 minutes early for proper setup. The call can also be accessed via telephone using the provided numbers and access code 926038. A replay will be available on the company’s website for 90 days post-call.

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LivaNova announced preliminary results for the unipolar patient cohort in its RECOVER clinical study of VNS Therapy for treatment-resistant depression. The primary endpoint (PE) did not achieve statistical significance due to an unforeseen strong response in the sham group. However, select secondary endpoints showed statistically significant and clinically meaningful benefits, with no safety concerns reported. The company plans to publish detailed data in peer-reviewed journals by Q4 2024. The RECOVER study's bipolar patient cohort continues, and discussions with U.S. Medicare and Medicaid Services for VNS Therapy coverage are ongoing.

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LivaNova (Nasdaq: LIVN), a leading medical technology company, announced that its CEO, Vladimir Makatsaria, will participate in a fireside chat at the Goldman Sachs Healthcare Conference.

The event will take place in Miami, Florida, on June 10 at 1:20 p.m. Eastern Time. A webcast will be available for those who register on the LivaNova website.

The webcast will also be accessible as a replay for 90 days following the live presentation.

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LivaNova PLC (Nasdaq: LIVN) reported strong first-quarter 2024 results with revenue of $294.9 million, a 12.0% increase, and adjusted diluted earnings per share of $0.73. The company raised its full-year 2024 revenue guidance to grow between 6-7% on a constant-currency basis. LivaNova achieved positive trial outcomes in the OSPREY clinical study for obstructive sleep apnea. The company closed a private offering of $345.0 million convertible senior notes due 2029 and repurchased $230.0 million exchangeable senior notes due 2025.

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LivaNova PLC announced the appointment of Ahmet Tezel, Ph.D., as Chief Innovation Officer, effective May 13, 2024. Tezel will lead the development of new technologies leveraging his 20+ years of experience in research and development. His role will enhance the Company's innovation capabilities in neurological and cardiac health.

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FAQ

What is the current stock price of LivaNova (LIVN)?

LivaNova (LIVN) last closed at $75.91.

What is the market cap of LivaNova (LIVN)?

The market cap of LivaNova (LIVN) is approximately $4.2B.