Equipment and Services Health Care Equipment and Supplies

More

  • Jude Medical soars after $25 bln offer from Abbott. Jude Medical soared 25.1 percent to $77.47 after Abbott Laboratories said it agreed to buy the medical device maker for $25 billion. DreamWorks Animation was up 24.2 percent at $39.99, after Comcast said it will buy the company for $3.8 billion.

  • DNA molecule.

    Scientists are one step closer in harnessing the power of genome sequencing to help improve the diagnosis and treatment of autism.

  • April 26- Hong Kong shares were up slightly on Tuesday, as investors braced for central bank policy meetings in the United States and Japan this week. The Hang Seng index rose 0.5 percent, to 21,407.27, while the China Enterprises Index gained 0.3 percent, to 9,016.12 points. Shares of Alibaba Health Information Technology Ltd lost 5.7 percent, following a Hong...

  • The company also raised its 2016 adjusted profit forecast to $4.01 to $4.11 per share from its previous estimate of $3.95 to $4.05 per share. For the first quarter ended April 2, earnings attributable to the company fell to $95 million, or 33 cents per share, from $262 million, or 91 cents per share, a year earlier. Excluding after-tax charges of 57 cents per share, the...

  • For the first quarter ended April 2, earnings attributable to the company fell to $95 million, or 33 cents per share, from $262 million, or 91 cents per share a year earlier. In the quarter, the company recognized net after-tax charges of $164 million, or $0.57 per share, primarily related to acquisition-related costs and restructuring activities.

  • April 19- Intuitive Surgical Inc on Tuesday reported better-than-expected first-quarter profit on expanded use of its da Vinci robots in U.S. general surgeries such as hernia repair, and it raised its full-year outlook for procedure growth. "You are seeing both clinical and economic benefits with robotic surgery use in these procedures," said Canaccord...

  • Theranos CEO 'devastated' over lab testing issues

    Elizabeth Holmes tells NBC's 'Today' Show that she wishes the company's issues were caught sooner.

  • Founder & CEO of Theranos Elizabeth Holmes.

    NBC News' Maria Shriver reports on her exclusive interview with Theranos CEO Elizabeth Holmes and the executive's resolve to correct its lab testing issues.

  • April 16- A jury in Wisconsin has awarded medical software company Epic Systems $940 million in damages in a trade secret lawsuit against Indian information technology provider Tata Consultancies, believed to one of the largest trade-secrets verdicts on record. The jury in federal court in Wisconsin on Friday found in Epic's favor on seven claims including...

  • WASHINGTON, April 14- U.S. federal, state and local government agencies rank in last place in cyber security when compared against 17 major private industries, including transportation, retail and healthcare, according to a new report released Thursday. Government agencies have struggled for years to keep pace with malicious hackers and insider threats, a...

  • But, instead of reporting the events to the U.S. Food and Drug Administration, within 30 days of discovering them, as required by law, Medtronic hid them, the Star Tribune said. Medtronic officials told the Star Tribune that the database of adverse events was misfiled internally and was reported to the FDA after it was rediscovered more than five years later.

  • A doctor uses a robotic surgery device to operate on a patient.

    With a grant from the Defense Department, a Florida medical center is creating a video game to train doctors for robotic surgery.

  • April 6- Medtronic Plc's wireless pacemaker was approved by the U.S. Food and Drug Administration on Wednesday, making it the first pacemaker in the United States that does not need wired leads to correct slow heart rates. The FDA evaluated data from a clinical trial involving 719 and found that 98 percent of patients had a stable heart pacing for at least six...

  • April 6- Medtronic Plc's wireless pacemaker was approved in the United states on Wednesday, making it the first pacemaker that does not need wired leads to correct slow heart rate. The device named Micra pacemaker is delivered to the heart chambers through a patient's arteries through a catheter, unlike traditional pacemakers that are implanted through an...

  • The Health Information Trust Alliance conducted a study of some 30 mid-sized U.S. hospitals late last year and found that 52 percent of them were infected with malicious software, HITRUST Chief Executive Daniel Nutkis told Reuters. Last month, Hollywood Presbyterian Hospital in Los Angeles paid a ransom of $17,000 to regain access to its systems.

  • A woman wears an early prototype of a bio-artificial pancreas (BAP) at the European Center for the Study of Diabetes on July 3, 2014, in Strasbourg, eastern France.

    It's hoped the FDA will approve an artificial pancreas in 2017. The device is expected to transform treatment of type 1 diabetes.

  • March 28- MedStar Health, one of the biggest medical providers in the Washington, D.C., area, said on Monday it shut down some computer systems after the discovery of a computer virus. "Networks temporarily shut down to prevent virus spread," MedStar, the operator of 10 hospitals in Washington and Maryland, said on Twitter. The Washington Post quoted MedStar...

  • March 23- Respironics Inc has agreed to pay $34.8 million to settle U.S. Department of Justice claims that it provided kickbacks in the form of free call center services to suppliers, to induce them to buy its masks for patients suffering from sleep apnea. Gibran Ameer, a South Carolina pharmacist who worked for medical equipment suppliers that bought the masks.

  • NEW YORK, March 17- Johnson& Johnson and its DePuy unit were ordered by a Texas federal jury on Thursday to pay about $500 million to five plaintiffs who said they were injured by Pinnacle metal-on-metal hip implants. Jurors awarded about $140 million in total compensatory damages and about $360 million in punitive damages, said Mark Lanier, lead trial counsel...

  • March 1- Medical device maker Medtronic Plc reported a nearly 61 percent rise in quarterly revenue, helped by higher sales across most of its units. The Dublin- based company's net income rose to $1.10 billion, or 77 cents per share, in the third quarter ended Jan. 29, from $977 million, or 98 cents per share, a year earlier. Revenue rose to $6.93 billion from $4.32 billion.