Share prices for NxStage Medical (NSDQ:NXTM) jumped this week after Baxter (NYSE:BAX) CEO Joe Almeida said the company is pulling the plug on its Vivia home hemodialysis device.
Almeida, speaking at the Goldman Sachs investor conference June 7, said he evaluated the home dialysis market after he took over the corner office in October 2015.
“That is a very high hurdle, technologically speaking, because it’s a very difficult thing to achieve on an assisted basis,” Almeida said.
Almeida, speaking at the Goldman Sachs investor conference June 7, said he evaluated the home dialysis market after he took over the corner office in October 2015.
“That is a very high hurdle, technologically speaking, because it’s a very difficult thing to achieve on an assisted basis,” Almeida said.
