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Equipment and Services Health Care Equipment and Supplies

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  • July 21- Heart device maker St. Jude Medical Inc is in talks to buy smaller rival Thoratec Corp, Bloomberg reported, citing sources familiar with the matter. No final deal has been agreed and Thoratec could also opt to seek a different buyer, the report said. Pleasanton, California- based Thoratec's stock rose 27 percent to a record high of $62.05 on the Nasdaq on...

  • July 21- Heart device maker St. Jude Medical Inc is in talks to buy smaller rival Thoratec Corp, Bloomberg reported, citing sources familiar with the matter. While the two companies are in discussions, no final deal has been agreed, and Thoratec could also opt to seek a different buyer, the report said. Pleasanton, California- based Thoratec's stock rose 27 percent to a...

  • July 10- Edwards Lifesciences Corp said it would buy privately held heart device maker CardiAQ Valve Technologies Inc for up to $400 million to expand its portfolio of less-invasive mitral valve replacement devices. The deal comes nearly two months after Edwards stopped enrolling patients for a study of its less-invasive mitral heart valve device, Fortis.

  • MUMBAI, July 8- India's IT outsourcing firms are betting on U.S. The United States is the biggest market for the outsourcing industry, which is dominated by Tata Consultancy Services Ltd, Infosys Ltd and Wipro Ltd.. "In terms of technology maturity, other sectors like manufacturing, banking, are a lot more mature than healthcare," said Rajib Bhattacharya, head of a...

  • Seprafilm, developed by Genzyme, is used to reduce abnormal internal scarring following surgery, by separating tissues and organs while they heal. The FDA and Genzyme, which was bought by Sanofi in 2011, were not immediately available for comment. FDA database of Manufacturer and User Facility Device Experience cites at least nine reports that link Seprafilm...

  • June 23- Medtronic Inc said it was recalling certain lots of its of its tracheostomy tubes, devices used to ease breathing, after receiving complaints, including reports of 12 serious injuries. The medical device maker said it began notifying hospitals and distributors on May 8 that affected lots of its Covidien Shiley tracheostomy tubes were formed with a...

  • FDA approves new Medtronic's heart valve device Tuesday, 23 Jun 2015 | 3:29 PM ET
    Medtronic Chairman and Chief Executive Omar Ishrak.

    The CEO of Medtronic talks new FDA approval and how to improve the health-care system.

  • June 23- Medtronic Inc said the U.S. Food and Drug Administration approved a new version of its non-invasive heart valve replacement device, making it the first recapturable and repositionable device available in the United States. The device has a smaller delivery system than the previous version, which means it can be used to treat patients with smaller...

  • Mount Sinai CEO sees doom in looming Obamacare case Saturday, 20 Jun 2015 | 9:00 AM ET
    Supporters of the Affordable Care Act gather in front of the U.S Supreme Court during a rally in Washington last March.

    Mount Sinai's CEO sees a "death spiral" could occur if the Supreme Court rules against the health insurance subsidies in Obamacare.

  • The rule was passed in July 2013 by the Iowa Board of Medicine, which regulates the practice of medicine in the state, requiring doctors to physically be with patients when they administer abortion-inducing drugs. In September 2013 Planned Parenthood of the Heartland, which has been administering telemedicine abortions in Iowa since 2008, sued the Iowa...

  • June 19- The Iowa Supreme Court has rejected a state rule requiring doctors to see abortion patients in person, ruling that a regional Planned Parenthood unit can continue administering abortion-inducing medications using remote video technology. The court ruled 6-0 that the rule, passed by the Iowa Board of Medicine, violated the state's constitution.

  • IOWA SUPREME COURT OVERTURNS TELEMEDICINE ABORTION BAN IN PLANNED PARENTHOOD LAWSUIT.

  • NAIROBI, June 18- U.S. private equity firm TPG will invest up to $1 billion in African companies under a tie-up with Sudanese billionaire Mo Ibrahim's Satya Capital, the companies said on Thursday. TPG is a newcomer to Africa while Satya's interests range from healthcare in Nigeria to manufacturing in Tanzania. Satya will also make available an extra $300...

  • NAIROBI, June 18- U.S. private equity firm TPG will invest up to $1 billion in African companies under a tie-up with Sudanese billionaire Mo Ibrahim's Satya Capital, the companies said on Thursday. TPG is a newcomer to Africa while Satya's interests range from healthcare in Nigeria to manufacturing in Tanzania. Satya will also make available an extra $300...

  • June 17- Hill-Rom Holdings Inc, a maker of hospital equipment, wound-care and surgical products, said it would buy privately held Welch Allyn for about $2.05 billion to expand into the point-of-care diagnostics market. Welch Allyn shareholders will receive $1.625 billion in cash and about 8.1 million newly-issued shares of Hill-Rom common stock.

  • European shares steady, focus on Federal Reserve Wednesday, 17 Jun 2015 | 5:08 AM ET

    *Coloplast slips on negative broker comments. *Telecom Italia up on report Vivendi to increase stake. Danish medical equipment maker Coloplast was the biggest faller after a string of banks cut their target price for the stock, a day after the company lowered its guidance for 2014/ 15. Its shares fell 2.8 percent, having dropped 7.8 percent in the previous session.

  • June 12- The U.S. Food and Drug Administration said it approved a brain implant from St. Jude Medical Inc that helps reduce symptoms of Parkinson's disease and essential tremor, a neurological disorder that causes rhythmic shaking. The device can be used when medication alone may not provide adequate relief from symptoms such as walking difficulties, balance...

  • SAN FRANCISCO, June 11- To help treat soldiers with post-traumatic stress disorder, Jennifer Patterson turned to a gadget typically associated with video games: the virtual reality headset from Oculus, a company Facebook Inc bought for $2 billion last year. Patterson, an engineering student at the University of Pittsburgh, studied a software used on the...

  • Bad news is good for these stocks Wednesday, 10 Jun 2015 | 7:07 PM ET

    Bad news has been a boon for Malaysia's rubber glove makers, with the ringgit's drop and South Korea's MERS outbreak likely to provide a twin boost.

  • Insulet gets FDA warning letter over some insulin pumps Wednesday, 10 Jun 2015 | 6:05 PM ET

    June 10- Insulet Corp said on Wednesday it received a warning letter from the U.S. Food and Drug Administration over some of the company's insulin pumps. The company said the letter, which it received on Monday, followed an inspection by the FDA of its facility in Billerica, Massachusetts in March. The letter relates to the release of certain lots of the company's...