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  • In connection with its plans, J&J said it expected to record pre-tax restructuring charges of $2 billion to $2.4 billion, of which about $600 million will be recorded in the fourth quarter of 2015..

  • Jan 15- The U.S. Food and Drug Administration on Friday issued draft guidelines to medical device makers on how to protect patients from cybersecurity vulnerabilities in their devices. Joshua Corman, founder of I Am The Cavalry, a cybersafety advocacy group who worked with the FDA on the guidance, said he was extremely encouraged by the agency's action.

  • Jan 15- The U.S. Food and Drug Administration on Friday issued draft guidelines to medical device makers on how to protect patients from cybersecurity vulnerabilities in the devices. "Cybersecurity threats to medical devices are a growing concern," the agency said in a statement. "The exploitation of cybersecurity vulnerabilities presents a potential risk to...

  • Bessemer Venture Partners, New Enterprise Associates and Maverick Capital Ventures have invested $2.1 million in seed funding in Docent. The three venture partners involved in the deal- Steve Kraus of Bessemer, Mohamad Makhzoumi of NEA and Ambar Bhattacharyya of Maverick- have worked together many times, and all said they expected to provide substantial...

  • Jan 11- Medical device maker Medtronic Plc said it planned to buy back shares worth up to $5 billion over the next couple of years. The company said on Monday an internal reorganization in September had resulted in cash and cash equivalents of $9.3 billion, which would be used to fund the buyback and to repay debt. Medtronic also raised the lower end of its full-year...

  • In year 6, Obamacare prognosis unclear: Health CEO Sunday, 10 Jan 2016 | 9:00 AM ET
    A man walks out of the UniVista Insurance company office after shopping for a health plan under the Affordable Care Act, on December 15, 2015 in Miami.

    Mount Sinai Hospital's CEO told CNBC that while Obamacare survived a repeal attempt, it's locked in a tough game of numbers.

  • The future of fitness may be at home Friday, 8 Jan 2016 | 10:58 AM ET
    The future of fitness may be at home

    Peloton Cycle CEO John Foley explains how the company behind indoor cycling technology is experiencing massive growth.

  • Jan 8- Breast implant maker Sientra Inc said its medical implants were found to be safe during a third-party testing, three months after it suspended sales of the devices to ensure technical compliance. In a letter to plastic surgeons dated Thursday, Chief Executive Jeffrey Nugent said the regulatory bodies had reviewed the device and found it to be safe and...

  • Over the past several years, the FDA has received thousands of reports of complications, including bleeding, organ perforation and urinary problems, involving the use of mesh for transvaginal POP repair, the agency said. The FDA noted that an advisory panel of experts in 2011 recommended that more data was needed to establish their safety.

  • Telemedicine has been more widely offered over the last five years, promoted by health plans such as Cigna Inc and New York- based insurance startup Oscar Health. "The insurers have been adopting this at a really rapid rate because they see benefits from better access to care," said Jason Gorevic, chief executive of Teladoc, the largest U.S. telemedicine provider.

  • US STOCKS-Obamacare, tech stocks boost Wall Street Monday, 21 Dec 2015 | 4:39 PM ET

    Dec 21- U.S. stocks ended stronger on Monday, helped by bounces in Apple and Microsoft as well as a rally in hospital stocks after more Americans signed up for subsidized health insurance. Shares of Apple Inc, under pressure in December over concerns that iPhone sales could miss estimates, rose 1.23 percent and boosted major indexes. Notwithstanding Monday's...

  • US STOCKS-Obamacare and Apple boost Wall Street Monday, 21 Dec 2015 | 2:42 PM ET

    Shares of Apple Inc, under pressure in December over concerns that iPhone sales could miss estimates, rebounded 1 percent and gave a boost to major indexes. Tenet Healthcare Corp jumped 9.5 percent and was headed for its best day since June. Universal Health Services Inc rose 3.4 percent.

  • FRANKFURT, Dec 15- IBM will make Munich the global headquarters for its push to build out the industrial Internet, capitalizing on a critical mass of automotive, electronics, healthcare, insurance and manufacturing companies centred in southern Germany. IBM said on Tuesday that it will employ 1,000 staff to work with customers on industrial Internet projects...

  • The '$6M Man' is now $30M, and not just sci-fi Saturday, 12 Dec 2015 | 9:00 AM ET
    Open Bionics teams up with Marvel and Disney to produce prosthetics for kids.

    New advances provide new hope for prosthetics, including an accurate sense of touch and robotic limbs developed at a fraction of the cost.

  • Unlocking my genome: Was it worth it? Thursday, 10 Dec 2015 | 6:50 AM ET
    DNA human genome

    Before testing your own genome, it helps to realize it can raise more questions than it answers.

  • How $199 unlocks a wealth of health data Thursday, 10 Dec 2015 | 6:50 AM ET
    23andMe spit kit packaged for the mass market for genome sequencing.

    A $199 service from health company 23andMe gives individuals data from ancestry to risks of carrying a genetic condition.

  • Personalized medicine: Better results will cost us Friday, 4 Dec 2015 | 9:57 AM ET
    doctor patient tablet

    Personalized medicine is more costly than traditional treatment, which worries insurers. But these drugs can improve outcomes for patients.

  • Dec 3- Medical device maker Medtronic Plc reported a better-than-expected quarterly profit, helped by higher sales in all divisions. The Dublin- based company said adjusted profit per share included a 4- cent charge from integrating Covidien Plc, which Medtronic bought in January for nearly $50 billion. Medtronic said its net profit fell to $520 million, or 36...

  • Medical device maker Medtronic's revenue jumps 62 pct Thursday, 3 Dec 2015 | 6:55 AM ET

    Dec 3- Medical device maker Medtronic Plc reported a 62 percent jump in quarterly revenue, helped by higher sales in all divisions. The Dublin- based company's net profit fell to $520 million, or 36 cents per share, in the second quarter ended Oct. 30 from $828 million, or 83 cents per share, a year earlier, mainly due to higher restructuring charges.

  • Medtronic Plc, Abbott Laboratories, Edwards Lifesciences Corp and HeartWare International Inc in recent months have spent a total of $2 billion to buy young companies developing versions of the technology. Nearly 6 million people in the United States may suffer from mitral disease, and Wall Street analysts say it could be the next multibillion-dollar...