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Angiodynamics - ANGO STOCK NEWS

Welcome to our dedicated page for Angiodynamics news (Ticker: ANGO), a resource for investors and traders seeking the latest updates and insights on Angiodynamics stock.

Overview

AngioDynamics Inc is a Nasdaq-listed public company renowned for designing, manufacturing, and selling a broad portfolio of innovative medical devices that serve diverse clinical applications. With deep expertise in the fields of oncology, interventional radiology, and vascular surgery, the company focuses on the minimally invasive treatment of diseases such as peripheral vascular disorders and cancer. Industry-specific keywords such as "minimally invasive procedures", "diagnostic devices", and "interventional radiology" underscore the company’s commitment to technological innovation.

Core Business and Operations

The company operates by providing a comprehensive range of devices which include systems for radiofrequency ablation, vascular access, angiographic procedures, dialysis support, angioplasty, drainage, thrombolysis, embolization, and venous treatments. These products are designed for use in clinical settings by interventional radiologists, surgeons, and nephrologists. Through its diverse product line, AngioDynamics is able to offer end-to-end solutions that enhance procedural efficiency and patient outcomes. The revenue model primarily relies on direct sales to healthcare institutions, supported by a strong service network ensuring reliability and continued product support.

Market Position and Competitive Landscape

AngioDynamics has distinguished itself in a technologically competitive and high-growth industry. By investing in research and development, the company has maintained its ability to continuously bring forward new technologies and improve existing products. This commitment to innovation positions the company among notable competitors in the medical device industry. Its competitive differentiation stems from a consistent track record of product innovation, robust clinical performance, and strategic market presence. The company's market position is further bolstered by its focused approach to addressing specialized clinical needs and its ability to integrate advanced technological solutions into traditional treatment paradigms.

Product Portfolio and Technological Innovation

The product portfolio of AngioDynamics spans a wide range of medical device categories. From advanced radiofrequency ablation systems to precision surgical tools, the company leverages cutting-edge technology to develop devices that offer improved safety profiles and enhanced procedural outcomes. Emphasis on 'innovative technology' and 'minimally invasive procedures' highlights the company’s pursuit of excellence in device performance. Each product category is built on comprehensive clinical insights and a deep understanding of procedural requirements, ensuring that healthcare providers are equipped with devices that cater to their diagnostic and therapeutic needs.

Operational Excellence and Industry Expertise

AngioDynamics demonstrates operational excellence by aligning its product development with the evolving needs of healthcare providers. The company’s strategic focus on clinical innovation and rigorous quality control reflects its deep industry expertise and commitment to delivering reliable and effective medical solutions. Structured research programs, continuous product improvements, and a robust post-market support system underpin the company’s reputation for innovation and operational excellence. This integrated approach assists healthcare professionals in achieving improved outcomes while ensuring safety and compliance under constantly evolving medical standards.

Strategic Business Model and Value Proposition

Central to AngioDynamics' value proposition is the delivery of solutions that advance the standard of care in critical clinical procedures. The company’s business model is built around the continuous enhancement of product performance and the facilitation of minimally invasive therapeutic options. By maintaining a deep focus on quality and usability, AngioDynamics provides a reliable partnership for medical institutions seeking to integrate innovative device technologies. This strategic alignment with frontline clinical needs makes the company a noteworthy reference point for discussions on medical innovation, procedural efficiency, and enhanced patient care.

Industry Impact and Long-Term Relevance

With a rich history dating back to its founding in 1988, AngioDynamics has consistently contributed to medical advancements through its innovative product solutions. The company's impact on the healthcare industry is visible across multiple clinical areas, reinforcing its role as a significant player in medical technology. The enduring relevance of its products and the clarity of its market focus ensures that AngioDynamics remains a principal component in the discussion of medical device innovation and procedural technology. This comprehensive approach, combined with clear communication and expert-driven design, continues to shape the narrative around modern, efficient, and effective clinical practices.

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AngioDynamics (NASDAQ: ANGO) has received CE Mark approval in Europe for its AlphaVac F1885 System. This regulatory milestone allows the company to market the mechanical thrombectomy system for non-surgical removal of thrombi or emboli from the pulmonary arteries, aiding in the treatment of pulmonary embolism (PE). The system aims to improve patient outcomes in the EU, where PE has a higher prevalence compared to the U.S. In December 2023, AngioDynamics completed patient enrollment for its U.S.-based APEX-AV trial, which showed significant decreases in RV/LV ratios and clot burdens, with a low Major Adverse Event rate.

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AngioDynamics, Inc. presented results from the APEX-AV trial assessing the AlphaVac F1885 System for pulmonary embolism treatment at SCAI 2024 Scientific Sessions. The trial showed significant improvement in right ventricular function, clot burden reduction, and low Major Adverse Event rate. The FDA clearance of the device marks a milestone in interventional medicine.

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AngioDynamics, Inc. (NASDAQ: ANGO) announced its Fiscal Year 2024 Third Quarter Highlights, including the sale of PICC and Midline product portfolios, discontinuation of certain products, and financial results. Net sales were $66.0 million, with a 8.0% growth. Gross margin was 47.7%, GAAP loss per share was $(4.73), and adjusted loss per share was $(0.16). The Company recorded a GAAP net loss of $190.4 million. Med Tech net sales increased by 12.6% to $25.7 million, while Med Device net sales increased by 5.2% to $40.3 million. The Company's financial guidance for fiscal year 2024 includes net sales in the range of $270 to $275 million, gross margin of 52.0% to 54.0%, and adjusted loss per share of $0.54 to $0.58.
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AngioDynamics, Inc. announces FDA clearance for AlphaVac F1885 System for the treatment of pulmonary embolism, enhancing patient care and safety. The system broadens treatment options, reduces thrombus burden, and improves right ventricular function. APEX-AV study results show significant reduction in RV/LV ratio and clot burden, with low MAEs rate.
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AngioDynamics, Inc. (ANGO) has settled all outstanding patent litigation with Becton, Dickinson and Company (BD) through a settlement agreement, involving licensing agreements and a $7 million lump sum payment. The agreement includes annual payments to BD and potential additional payments based on net sales. The settlement resolves a multi-year patent dispute, providing clarity and allowing AngioDynamics to focus on innovation and growth.
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AngioDynamics, Inc. (ANGO) will report Q3 fiscal year 2024 financial results on April 4, 2024, followed by a conference call. Investors can access the call via phone or webcast on the company's website.
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AngioDynamics, Inc. (ANGO) announced participation in Oppenheimer conference for discussing healthcare and medtech innovations. The company aims to enhance blood flow, cancer treatments, and patient well-being.
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AngioDynamics, Inc. (ANGO) completes the sale of its PICC and Midline product portfolios to Spectrum Vascular for up to $45 million in cash. The company discontinues sales of radiofrequency ablation and Syntrax products to streamline its portfolio. The divestiture and discontinuation are part of the company's strategic focus on driving growth and profitability within its Med Tech platforms.
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AngioDynamics, Inc. (ANGO) has received FDA clearance for the Auryon XL Catheter, expanding access points in atherectomy procedures for the treatment of Peripheral Arterial Disease (PAD). The catheter's innovative design aims to reduce access site complications and accelerate patient recovery. The company anticipates a full market release in February 2024 after a limited market release in January 2024.
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AngioDynamics, Inc. (NASDAQ: ANGO) announced net sales of $79.1 million for the second quarter of fiscal year 2024, with a 2.7% increase on a pro-forma basis compared to the prior-year quarter. The company reported a GAAP loss per share of $0.72 and adjusted loss per share of $0.05. Cash and cash equivalents at November 30, 2023, were $60.9 million. The company expects to achieve full-year adjusted EPS profitability in FY27.
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FAQ

What is the current stock price of Angiodynamics (ANGO)?

The current stock price of Angiodynamics (ANGO) is $9.25 as of April 21, 2025.

What is the market cap of Angiodynamics (ANGO)?

The market cap of Angiodynamics (ANGO) is approximately 397.5M.

What does AngioDynamics specialize in?

AngioDynamics specializes in designing, manufacturing, and selling a diverse range of medical, surgical, and diagnostic devices used to treat peripheral vascular diseases, oncology cases, and in various surgical settings.

How does AngioDynamics generate its revenue?

The company generates revenue primarily through direct sales of its advanced medical devices and systems to healthcare institutions, predominantly in the United States market.

What are the key product categories offered by AngioDynamics?

Their portfolio includes devices for radiofrequency ablation, vascular access, angiographic procedures, dialysis, angioplasty, drainage, thrombolysis, embolization, and venous treatments, all geared toward minimally invasive procedures.

How does AngioDynamics differentiate itself from competitors?

AngioDynamics differentiates itself through continuous technological innovation, a broad and specialized product line, and a strong focus on meeting the unique procedural needs of healthcare providers.

Who are the primary customers of AngioDynamics?

The primary customers include interventional radiologists, surgeons, and nephrologists who use their devices in hospitals, clinics, and specialized health facilities for treatment procedures.

What is the significance of minimally invasive procedures in their product development?

Minimally invasive procedures are a cornerstone of AngioDynamics' strategy, as they allow for safer, more efficient treatments that improve patient outcomes while reducing recovery times.

How does the company maintain its industry expertise?

Through consistent investment in research and development, rigorous clinical validation, and a commitment to evolving its products based on healthcare provider feedback, AngioDynamics maintains its strong reputation in the industry.

What role does innovation play in AngioDynamics' business model?

Innovation is critical to AngioDynamics, driving the continuous improvement of their product lines and ensuring that they provide cutting-edge solutions for evolving clinical challenges in the medical field.
Angiodynamics

Nasdaq:ANGO

ANGO Rankings

ANGO Stock Data

397.54M
38.33M
5.62%
84.63%
4.24%
Medical Instruments & Supplies
Surgical & Medical Instruments & Apparatus
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United States
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