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Equipment and Services Health Care Equipment and Supplies

  • AMSTERDAM, June 28- Dutch healthcare company Philips has agreed to buy U.S.-based Spectranetics Corp, a maker of devices to treat heart disease, for 1.9 billion euros including debt, as it expands its image-guided therapy business. Philips will pay Spectranetics shareholders $38.50 per share, a 27 percent premium to their closing price on June 27.

  • LOS ANGELES— Computers around the world were locked up and users' files held for ransom in a cyberattack Tuesday that paralyzed some hospitals, government offices and major multinational corporations. Malware is a general term that refers to software that's harmful to your computer, says John Villasenor, a professor at the University of California, Los...

  • Lines are expected Saturday outside some medical marijuana dispensaries in Las Vegas and other Nevada cities that will begin selling pot for recreational use for the first time since voters approved it in November. Some outlets plan grand opening events at 12:01 a.m., and one in Las Vegas is having a barbecue with raffle drawings. Nevada Dispensary...

  • BEAVER, Pa.— A Pennsylvania health system was taking steps late Tuesday to restore its computer network after being caught up in a worldwide cyberattack that patients reported forced the postponement of some surgeries. Heritage Valley Health System said its two hospitals west of Pittsburgh and its satellite offices were struck by the same data-scrambling...

  • A Pennsylvania health care system says it is taking steps to restore its computer network after being hit by a ransomware attack that was carried out globally. Heritage Valley Health System says the attack Tuesday affected its two hospitals west of Pittsburgh as well as satellite operations. A series of tweets issued by Ukraine's cyberpolice unit says the...

  • BERLIN— A German federal court has rejected a claim from a woman who received leak-prone breast implants for compensation from a German product-testing company. Thursday's ruling from Germany's Federal Court of Justice follows a similar decision two years ago by a French appeals court. The plaintiff received the implants in 2008 in Germany but had them...

  • RENO, Nev.— The drug sellers aren't the problem when it comes to the highly anticipated launch of Nevada's recreational marijuana industry. It's the distributors who have muddled plans to allow people to light up July 1. A judge blocked the state's plan to license existing medical marijuana dispensaries to act as their own middlemen, saying alcohol...

  • CARSON CITY, Nev.— The Latest on the legal battle over the licensing of marijuana businesses necessary for existing medical dispensaries to begin selling pot for recreational use on July 1:. Nevada's marijuana regulators remain determined to launch the state's first sales of recreational pot at existing medical dispensaries on July 1. Carson City District...

  • June 19- Teladoc Inc, the largest provider of telemedicine in the United States, said on Monday it agreed to acquire medical consultation company Best Doctors to expand its ability to offer remote treatments for complex, chronic diseases. As part of agreement, Teladoc will purchase Best Doctors for $375 million in cash and $65 million in Teladoc stock.

  • *Group of U.S. lawmakers calls India policy "dangerous". NEW DELHI, June 19- A group of U.S. lawmakers has backed medical device makers by urging India to reconsider its decision to cap prices of heart stents, raising the issue ahead of Prime Minister Narendra Modi's visit to the United States later this week. In a letter sent to the Indian ambassador to Washington last...

  • *Flannery to take over as CEO on Aug. 1, chairman on Dec. 31. The maker of jet engines, power plants, medical scanners and railroad locomotives on Monday named veteran insider John Flannery as its next CEO, taking over from longtime leader Jeff Immelt, who reshaped one of corporate America's icons to focus more on technology but failed to deliver profit growth fast...

  • *Flannery to take over as CEO on Aug. 1, chairman on Dec. 31. The maker of jet engines, power plants, medical scanners and railroad locomotives on Monday named veteran insider John Flannery as its next chief executive. He takes over from Jeff Immelt who will step aside Aug. 1 after 16 years as the head of the conglomerate he helped steer through the financial crisis but is...

  • June 12- U.S. medical products supplier Halyard Health Inc is exploring a sale of its surgical and infection prevention business that could fetch more than $600 million, people familiar with the matter said on Monday. Headquartered in Alpharetta, Georgia, Halyard has a market capitalization of $1.7 billion. The surgical and infection prevention unit for sale...

  • June 11- THL Credit Advisors LLC, the credit investment affiliate of buyout firm Thomas H. Lee Partners LP, said on Sunday it completed raising its third fund focused on direct lending to midsized privately-owned companies, amassing $511 million. The fund is focused on lending to companies in healthcare, financial services and software, and will provide growth...

  • NEW DELHI/ MUMBAI, June 7- India's drug-pricing regulator has asked the health ministry to add four more medical devices to a list of products eligible for price controls to reduce costs to patients, which if agreed could be another blow to the country's $5 billion- a-year medical-technology industry. The National Pharmaceutical Pricing Authority had said it...

  • *Novartis mulls asset disposals of some $50 billion. ZURICH, May 30- As Novartis considers asset sales that could raise $50 billion, investors are worried any cash raised may give the Swiss drugmaker firepower for another unsuccessful megadeal. Now, Chief Executive Joe Jimenez is reviewing Alcon's surgical devices and contact lens businesses, suggesting they...

  • SAN FRANCISCO, May 22- Cyber security firm Symantec Corp said on Monday it was "highly likely" a hacking group affiliated with North Korea was behind the WannaCry cyber attack this month that infected more than 300,000 computers worldwide and disrupted hospitals, banks and schools across the globe. Symantec researchers said they had found multiple instances...

  • SAN FRANCISCO, May 19- For Kris Hagerman, chief executive of UK- based cyber security firm Sophos Group Plc, the past week could have been bad. The WannaCry "ransomware" attack hobbled some of its hospital customers in Britain's National Health Service, forcing them to turn away ambulances and cancel surgeries. The company quickly removed a boast on its website that...

  • *Sophos, NCC Group, F-Secure up in Europe; security ETF surges. LONDON, May 15- A global "ransomware" attack disrupting factories, hospitals, shops and schools spurred investors on Monday to buy stocks expected to benefit from a pickup in cyber security spending by companies and government agencies. In London, shares in cloud network security firm Sophos jumped more...

  • LONDON, May 15- A global "ransomware" attack disrupting factories, hospitals, shops and schools spurred investors on Monday to buy stocks expected to benefit from a pickup in cyber security spending by companies and government agencies. European Union police agency Europol said on Monday the attack had hit 200,000 machines. In London, shares in cloud network...