Teleflex Inc Stock Price, News & Analysis

Teleflex (NYSE: TFX) has released data showing the superior efficacy of the UroLift® System for treating benign prostatic hyperplasia (BPH) compared to the Rezum™ steam injection. The study revealed that 93% of patients treated with UroLift were catheter-free by day three, compared to just 45% for Rezum. Additionally, 83% of UroLift patients expressed satisfaction with their treatment, versus 65% for Rezum. The UroLift System allows for rapid recovery and preservation of sexual function, highlighting its growing acceptance in urological care.

WAYNE, Pa., June 03, 2020 - Thomas Powell, CFO of Teleflex (NYSE: TFX), will present at the Raymond James 2020 Human Health Innovation Conference on June 17, 2020 at 2:20 p.m. ET. A live audio webcast of his presentation, along with slides, will be available on the Teleflex investor website.

Teleflex is a global medical technology provider focused on innovative solutions across various healthcare fields including vascular access, anesthesia, and emergency medicine.

Teleflex Incorporated (NYSE: TFX) has announced the enrollment of the first patient in a pivotal clinical study evaluating the effectiveness of its coronary guidewires and specialty catheters in Chronic Total Occlusion (CTO) procedures. The CTO-PCI study aims to enroll up to 150 patients at roughly 15 sites across the US. The study will assess key metrics, including successful guidewire placement and major adverse cardiac events. The principal investigators from notable institutions emphasize the importance of this research in enhancing techniques for treating complex coronary blockages.

Teleflex announced the pricing of a private offering of $500 million in 4.25% senior notes due 2028, scheduled to close on May 27, 2020. The notes will be guaranteed by its wholly-owned domestic subsidiaries. Proceeds will be used to repay borrowings under its revolving credit facility. This offering is made under exemptions from the Securities Act of 1933, targeting qualified institutional buyers and certain non-U.S. persons. The notes have not been registered and cannot be sold in the U.S. without registration or exemption.

Teleflex has announced a private offering of $500 million in senior notes due 2028, subject to market conditions. These notes will be guaranteed by its wholly-owned subsidiaries. The proceeds will be used to repay borrowings from its revolving credit facility. This offering is targeted at qualified institutional buyers and non-U.S. persons outside the U.S. and will not be registered under the Securities Act.

On May 18, 2020, Teleflex presented data at the AUA 2020 Virtual Experience highlighting the UroLift® System’s benefits for treating benign prostatic hyperplasia (BPH). Studies demonstrated that the minimally invasive treatment significantly preserves sexual function compared to traditional medical therapies. In a meta-analysis involving 1,039 men, UroLift patients reported substantial improvements in ejaculatory and erectile function over 48 months. Additionally, a real-world study found equivalent safety profiles across patient groups, with 84% of urinary retention patients becoming catheter-independent post-treatment.