LivaNova Builds Strategic Base And Commercial Case To Silence Skeptics

Medical innovator LivaNova has a new stated focus: it won’t go outside the head and the heart when it comes to potential M&A and technology development projects. It has set out short- and longer-term solutions to boost sales and/or profitability in its neuromodulation and cardio franchises. What is certain is that eight months into his tenure as CEO, Damien McDonald is stamping his imprint all over LivaNova.

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LivaNova PLC’s twin-continent Investor Day road show in September was an illustration of how far the UK-registered company has come in a short time. And how much it has changed under the leadership of former Danaher executive Damien McDonald. With the backing of a supportive board, McDonald, whose CV includes a range of top medtech jobs in a 25-year industry career, has put in place strategic business and key staff changes that are designed to give a strong sense of certainty to health-care sector stakeholders and shareholders.

“Certainty” is a big word in the McDonald corporate vocabulary, as analysts and investors at the London leg of the LivaNova road show learned

Developing the promising-but-underleveraged opportunities of the two – now one – legacy high-risk medtech product developers has been McDonald’s focus since assuming the CEO role in January.(Also see "Cardio-Neuro Innovator LivaNova Prepares For Challenges Ahead" - In Vivo, 29 March, 2017

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