After acquiring a stake in a U.S. medical device firm last year, the world’s biggest electronics manufacturer is in now talks with another medtech company. Brian Buntz Foxconn is now making components for the ViSi Mobile device ...
Tags: Medtech Market, iPhone Assembler
Since Medtronic can’t dip into its considerable foreign cash reserves to buy Covidien, it plans to raise $16 billion domestically toward the $43 billion purchase. Wall Street is not pleased. In a filing late last week with the U.S. ...
Tags: Medtronic, Covidien, Medical Device
As it prepares for its $43 billion merger with Medtronic, Covidien has purchased a small California medtech company. The price was not disclosed. Privately held Reverse Medical Corp. (Irvine, CA) makes devices to manage acute stroke and ...
Tags: Covidien, Medtech Company, Health
Medtronic isn’t the only medtech company facing criticism over potentially moving its headquarters overseas. Hospira is also taking flak—even though it is only rumored so far to be in talks with French company Danone for a ...
The world's top 40 medical device companies overall have enjoyed a slight gain in stock price so far this year. But there are exceptions to the rule as well, with reasons ranging from Getinge AB's quality control issues to Terumo Corp.'s ...
Tags: Medical Device, Health, Medicine
US gastrointestinal endoscopy company EndoChoice will merge with an Israeli company Peer Medical for an undisclosed sum. Peer Medical's commercial products include a proprietary video system and Full Spectrum Endoscope which provides up ...
Tags: gastrointestinal endoscopy, EndoChoice, video system, cancerous