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medical device business
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Philips Utilizes Another Top Medtech Talent
Apr 7, 2015Posted in Medical Device Business by Chris Newmarker on April 3, 2015 Robert Cascella was previously CEO of Hologic. He joins Philips as the Dutch multinational increasingly focuses on what it calls HealthTech. Robert Cascella, who ...
Tags: Philips, LED components, Medicine
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Medical Devices Is Indispansable
Feb 2, 2015Posted in Medical Device Business by Brian Buntz on January 30, 2015 Antique medical devices provide a glimpse into how medicine was performed in past centuries. But few people have taken a look at how medical care was administered on ...
Tags: Medical Devices, Health
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Bomb Scare Probe Led Medtronic to Be Sued
Feb 2, 2015Posted in Medical Device Business by Nancy Crotti on January 29, 2015 A former Medtronic employee has sued the company, two employees and local police, claiming that they falsely accused him of making bomb threats against a company ...
Tags: bomb threats, Health
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Stryker Corp.Still on The Prowl for Acquisitions
Jan 30, 2015Stryker Corp. is still on the prowl for acquisitions, although it isn’t naming names, the company’s CEO told analysts this week. Kalamazoo, MI–based Stryker Corp. has been eyeing British company Smith & Nephew Plc and ...
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The Reason Why Medtronic's Move Has Been So Unfortunate
Jan 30, 2015Posted in Medical Device Business by Chris Newmarker and Brian Buntz on January 28, 2015 Medtronic is expected to enjoy lower corporate taxes now that it has moved its official headquarters from the U.S. to Ireland through its merger with ...
Tags: credit rating, Health
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J&J's Fourth-Quarter Medical Device Sales Fell by 4.7%, to $6.6 Billion
Jan 26, 2015Johnson & Johnson’s fourth-quarter medical device sales fell by 4.7%, to $6.6 billion, with the biggest drop (7.7%) in the U.S., the company announced this week. Total fourth-quarter sales were down 0.6% year-over-year, to $18.3 ...
Tags: Medical Device Business, Health
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The Impact of Foreign Currency Held Down Sales Growth in The Fourth Quarter Ended January
Jan 16, 2015Posted in Medical Device Business by Nancy Crotti on January 14, 2015 As the U.S. dollar strengthens amid global economic uncertainty, travelers aren’t the only ones affected. Major medtech companies including St. Jude Medical and ...
Tags: Medical Device, Health
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Hill-Romused Facing a Lawsuit for Squeezing out Competitors in The Hospital Rental Market
Jan 16, 2015Posted in Medical Device Business by Chris Newmarker on January 14, 2015 Hill-Rom—the dominant player in the U.S. hospital bed market—is facing a federal lawsuit in western Texas that alleges that the company has used its ...
Tags: Hospital Bed Maker, Health
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A New Medtronic Based Created in Ireland
Jan 14, 2015Posted in Medical Device Business by Chris Newmarker on January 12, 2015 The Irish High Court has agreed to hold a hearing January 26 to decide on the proposed $48 billion merger between Medtronic and Covidien, according to a Monday ...
Tags: Medical Device Business, U.S.tax, Health
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Posted in Medical Device Business by Nancy Crotti on January 8, 2015
Jan 9, 2015Posted in Medical Device Business by Nancy Crotti on January 8, 2015 The medical device tax is the issue that won’t go away. Elected officials and medical device companies began railing against Obamacare’s medical device tax ...
Tags: medical device tax, Health
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Posted in Medical Device Business by Brian Buntz on January 8, 2015
Jan 9, 2015Posted in Medical Device Business by Brian Buntz on January 8, 2015 Pete Nicholas, who co-founded Boston Scientific with John Abele in 1979, has announced that he intends to resign from the firm’s board of directors in 2017. ...
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Shareholders of Medtronic and Covidien to Create a New Medtronic Based in Ireland
Jan 8, 2015Posted in Medical Device Business by Nancy Crotti on January 6, 2015 Shareholders of Medtronic and Covidien on Tuesday overwhelmingly approved the companies’ multibillion-dollar merger, which will create a new Medtronic based in ...
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Stryker Purchased a Canadian Hospital Bed Company for an Undisclosed Sum
Jan 7, 2015Stryker Corp. has purchased a Canadian hospital bed company for an undisclosed sum. Kalamazoo, MI–based Stryker announced it has acquired CHG Corp. (London, Ontario) for an undisclosed sum. CHG designs and manufactures low-height ...
Tags: MI–based Stryker, bariatric bed, Health
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Allergan Fought off Hostile Takeover Attempt by Valeant Pharmaceuticals for Past 8 Months
Dec 17, 2014Posted in Medical Device Business by Nancy Crotti on December 15, 2014 Just when you thought they couldn’t get more widespread or expensive, the medical device mergers-and-acquisitions of 2014 continue to astound. Allergan ...
Tags: DNA sequencing market, lab products, Health
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Five Companies with The Most Stock Price Growth Over 2014
Dec 15, 2014Posted in Medical Device Business by Chris Newmarker on December 11, 2014 2014 has turned out to be a pretty decent year for the world’s 40 largest medical device companies: Only six of them have seen their stock prices decline, and ...
Tags: Medical Device, Health
