Tag: Beta Bionics
In brief: Quipt ‘evaluates’ opposition, Henry Schein gets funding, Estrella steps up
January 31, 2025HME News Staff
CINCINNATI — Quipt Home Medical has acknowledged receiving notice from Philotimo Fund, an entity affiliated with Kanen Wealth Management and David L. Kanen, of its intent to solicit proxies in support of four director candidates in opposition to the company’s candidates.
The company says its board and the Nominating and Corporate Governance Committee of the board will thoroughly review and evaluate KWM’s notice and any additional requests for compliance with its established...
Beta Bionics announces IPO pricing
January 30, 2025HME News Staff
IRVINE, Calif. – Beta Bionics has announced the pricing of its upsized initial public offering of 12 million shares of common stock at a price to the public of $17 per share. The gross proceeds to Beta Bionics from the offering, before deducting underwriting discounts and commissions and offering expenses are expected to be $204 million. In addition, the underwriters have a 30-day option to purchase up to an additional 1.8 million shares of common stock at the public offering price, less underwriting...
In brief: Carelon buys CareBridge, 20 reps sign letter, OIG adds reviews
November 1, 2024HME News Staff
INDIANAPOLIS – Carelon, a division of Elevance Health, recently entered into an agreement to acquire CareBridge, a value-based manager of home and community-based services for chronic and complex members that will serve as the foundation for its home health business, company officials announced during a conference call to discuss its third quarter 2024 financial results.
"We're excited to continue to serve all its customers and members,” said Gail Koziara Boudreaux,...
Beta Bionics integrates with Libre 3 Plus
October 31, 2024HME News Staff
IRVINE, Calif. – Beta Bionics has launched the integration of its flagship iLet Bionic Pancreas with Abbott’s FreeStyle Libre 3 Plus sensor. The iLet Bionic Pancreas is an autonomous insulin delivery system that streamlines diabetes management and is the first insulin delivery system in the United States to connect to Abbott’s FreeStyle Libre 3 Plus sensor, whose readings every minute will help iLet calculate insulin doses. “Beta Bionics continues to move at lightning speed...