Equipment and Services Health Care Equipment and Supplies

  • It said instrument and accessory revenue rose 14 percent as procedures using da Vincis climbed 16 percent, driven by growth in U.S. general surgeries, such as hernia repairs, and by growth in urological procedures, such as prostate surgeries, outside the United States. Procedures rose 25 percent outside the United States, helped by growth in Japan, China and South...

  • J&J, which is the first major U.S. drugmaker to announce quarterly earnings, raised its 2016 sales forecast to a range of $71.5 billion to $72.2 billion, from $71.2 billion to $71.9 billion previously estimated. The maker of medical devices, drugs and personal care products also increased its adjusted profit range to $6.63- $6.73 per share, from $6.53- $6.68 per...

  • NEW YORK, July 8- Shares of many U.S. companies that produce prescription medicines have been under pressure this year, but the picture has been rosier for makers of pacemakers, knee replacements and other medical devices. While biotechnology and specialty pharmaceutical companies endure scrutiny over drug costs, medical device companies have avoided that...

  • June 30- Medical device maker NuVasive Inc will pay rival Medtronic Plc $45 million to settle a longstanding patent fight related to spinal surgery technology, NuVasive said on Thursday. The patent fight included a couple of rounds at a federal appeals court and a brief trip to the U.S. Supreme Court. It began when Warsaw Orthopedic Inc, a subsidiary of Dublin-...

  • Cleveland Clinic CEO: We still haven't tested Theranos tech

    Embattled Theranos still has not taken advantage of the Cleveland Clinic's offer to test the Silicon Valley startup's new blood diagnostic technology, says Dr. Toby Cosgrove.

  • Reigning in health costs: Cleveland Clinic CEO

    Dr. Toby Cosgrove, Cleveland Clinic CEO, shares his thoughts on replacing Obamacare and containing the high cost of health care.

  • Cleveland Clinic CEO on Zika threat

    Dr. Toby Cosgrove, Cleveland Clinic CEO talks about the threat of the Zika virus, how the CDC is handling the spread of the virus, and those most at risk ahead of this summer's Olympics.

  • A woman walks past the IBM logo

    IBM Watson Health has unveiled a new partnership with the Department of Veterans Affairs to improve access to cancer care for U.S. veterans.

  • June 28- Healthcare services provider McKesson Corp said it would combine most of its information technology business with Change Healthcare Holdings Inc to form a new company with combined pro forma annual revenue of $3.4 billion. Change Healthcare, a provider of software and analytics, network solutions and technology-enabled services, will contribute...

  • June 28- Healthcare services provider McKesson Corp said it would combine most of its information technology business with Change Healthcare Holdings Inc to form a new company with combined pro forma annual revenue of $3.4 billion. Change Healthcare, a provider of software and analytics, network solutions and technology-enabled services, will contribute...

  • *Offers $58/ share for HeartWare. June 27- Medtronic Plc said it would buy HeartWare International Inc for about $1.1 billion, bulking up its portfolio of devices for treating heart diseases and pushing deeper into the market for less-invasive surgical products. HeartWare shares rose as much as 92 pct to $57.58 in morning trading on Monday, just below the offer...

  • NEW YORK/ FRANKFURT, June 17- Bayer AG, the German chemicals and healthcare company trying to acquire Monsanto Co, is exploring a sale of its radiology supplies unit that could be worth more than $3 billion, according to people familiar with the matter. Its main products are Ultravist for computer tomography scans, with 318 million euros in sales in 2015, and...

  • healthcare doctor patient

    Shares of Envision Healthcare Holdings dropped more than 5 percent following news of its merger with AmSurg.

  • Uscom-CIIC Partnership

    Running a medical device business requires understanding of the medical technology as well as the corporate environment, Uscom CEO Rob Phillips says.

  • NEW YORK, June 14- Medical device maker Biomet Inc breached a deferred prosecution agreement it reached in 2012 to resolve a foreign corruption investigation, U.S. prosecutors said in a court filing. In a status report filed in federal court in Washington, D.C. on June 6, the U.S. Department of Justice said Biomet breached the agreement through activity in Brazil...

  • Elizabeth Holmes, founder and CEO of Theranos

    Walgreens says it will close all 40 Theranos Wellness Centers and will no longer offer any Theranos services at any of its stores.

  • June 8- Medical device maker Boston Scientific Corp said on Wednesday it would undergo a global restructuring program that is expected to save the company up to $150 million by 2020.. The company said it expects to incur total pre-tax charges of about $175 million to $225 million as a result of the program. The program, which will cut gross annual pre-tax...

  • June 7- Zimmer Biomet Holdings Inc agreed to buy fellow medical device maker LDR Holding Corp for about $1 billion deal to expand in the market for treating spine disorders. The $37 per share offer represents a premium of about 64 percent to LDR's Monday close. The company's biggest product is Mobi-C CDR, the first and only U.S. Food and Drug Administration...

  • The net worth of Theranos founder and chief executive has dwindled to zero, according to Forbes Magazine.

  • The world's largest standalone medical device maker, which has struggled with the effects of the rising dollar on its overseas sales, said it expected full-year 2017 adjusted earnings of $4.60 to $4.70 per share. Analysts on average were forecasting $4.70 per share, according to Thomson Reuters I/B/E/S. "Continued lack of sustainable positive operating...