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Equipment and Services Health Care Equipment and Supplies

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  • CHICAGO, March 9- Apple Inc on Monday released ResearchKit, an open-source software tool designed to give scientists a new way to gather information on patients by using their iPhones. They include Stanford University School of Medicine and Weill Cornell Medical College. "With hundreds of millions of iPhones in use around the world, we saw an opportunity for...

  • SEATTLE, March 5- A Washington state woman has filed a lawsuit against a hospital and a leading medical-device manufacturer claiming her husband died from a drug-resistant "superbug" he contracted from a contaminated medical scope, her lawyer said on Thursday. Theresa Bigler, of Woodway, is seeking unspecified monetary damages for the death of her husband...

  • The scopes were linked to the exposure of 179 patients to drug-resistant bacteria at UCLA's Ronald Reagan Medical Center in Los Angeles and may have contributed to two deaths. In early 2014, following a superbug outbreak at a hospital in Illinois, the FDA asked Fujifilm Holdings Corp, Olympus Corp and Pentax, which make the devices, to submit their test results...

  • *Cyberonics will have 54 pct of new group; Sorin 46 pct. MILAN, Feb 26- Italian medical device maker Sorin and its smaller U.S. peer Cyberonics Inc announced a merger on Thursday to create a global leader in cardiac surgery and neuromodulation with an equity value of $2.7 billion. Sorin's boss Andre-Michel Ballester will become chief executive and the board will be...

  • MILAN, Feb 26- United States- based medical device maker Cyberonics Inc has agreed to buy Sorin SpA in an all-stock deal that the Italian company said values it at about $1.4 billion. Cyberonics will hold a 54 percent stake in the new company and Sorin the rest. Cyberonics shareholders will receive one share of the new company for every share held, while Sorin...

  • Feb 17- Medical device maker Boston Scientific Corp on Tuesday said it has agreed to pay $600 million to Johnson& Johnson to settle a long-running lawsuit over Boston Scientific's 2005 acquisition of rival Guidant. J&J had sought more than $7 billion in damages after it lost a bidding war to Boston Scientific following an initial deal to buy Guidant for $21.5...

  • Feb 17- Medical device maker Boston Scientific Corp on Tuesday said it has agreed to pay $600 million to Johnson& Johnson to settle a long-running breach of merger lawsuit over Boston Scientific's 2005 acquisition of rival Guidant. J&J, which agreed to permanently dismiss its action without acknowledgment of liability by Guidant, had sought more than $7...

  • Feb 17- Medical device maker Medtronic Plc reported a better-than-expected quarterly profit, helped mainly by increased sales in its cardiac and vascular business, its largest. With sales of $2.22 billion in the third quarter ended Jan. 23, the business accounted for a little over half of overall sales. The company, which completed its acquisition of Ireland-...

  • Medtronic profit rises on higher cardiac device sales Tuesday, 17 Feb 2015 | 7:36 AM ET

    Feb 17- Medical device maker Medtronic Plc reported a 28 percent rise quarterly profit, helped mainly by increased sales in its cardiac and vascular business, its largest. The company, which completed its acquisition of Ireland- based Covidien Plc in January, said its net profit rose to $977 million, or 98 cents per share, for the third quarter ended Jan. 23, from $762...

  • NEW YORK/ BOSTON, Feb 11- Security experts are warning healthcare and insurance companies that 2015 will be the "Year of the Healthcare Hack," as cybercriminals are increasingly attracted to troves of personal information held by U.S. insurers and hospitals that command high prices on the underground market. "People feel that this will be the year of medical...

  • U.S. challenges China export subsidy program Wednesday, 11 Feb 2015 | 9:08 AM ET

    WASHINGTON, Feb 11- The United States on Wednesday challenged a Chinese export subsidy program for products including textiles, medical products and agriculture, alleging the support was illegal under international trade law. There are already 24 disputes before the WTO involving the United States and China, 15 of them brought by the United States.

  • 2015's strong outlook for healthcare IPOs Thursday, 29 Jan 2015 | 5:40 AM ET
    2015's strong outlook for healthcare IPOs

    Cathrin Petty, co-head of EMEA healthcare at JP Morgan, says the U.K. has the capacity to be a successful market for life sciences, and the year ahead for healthcare IPOs looks strong.

  • The rise and rise of life sciences Thursday, 29 Jan 2015 | 4:55 AM ET
    The rise and rise of life sciences

    George Freeman MP, minister of life sciences in the U.K., says there's been a "resurgence" for life sciences and healthcare investment.

  • The cost of halting a pandemic? $344 billion: Study Saturday, 17 Jan 2015 | 12:15 PM ET
    A custodial worker wears a mask and eye protection to guard against the Ebola virus as he prepares to clean Ruth Cherry Intermediate School in Dallas.

    How much would it cost world governments to insulate their economies from global pandemics. Would you believe nearly $344 billion?

  • Ten year flu shot near reality: Mount Sinai CEO Sunday, 11 Jan 2015 | 9:00 AM ET

    A flu shot that lasts 10 years could be a reality soon, a top hospital executive told CNBC, along with "real steps" toward a cancer vaccine.

  • Fighting hospital-visit infections with LED lights Tuesday, 9 Dec 2014 | 3:59 PM ET
    Colleen Costello (R) and James Peterson.

    Two young engineers invented a product that uses LED lights to fight bacteria and decrease risk of infections in hospitals and public spaces.

  • What's boosting healthiest sector in S&P this year Monday, 27 Oct 2014 | 1:43 PM ET

    Health care has been on a tear in 2014, and there is still room for upside. Wall Street analysts are focusing on the following four trends.

  • Obama's plan to fight Ebola Tuesday, 16 Sep 2014 | 2:44 PM ET
    Obama's plan to fight ebola

    Dr. Louis Sullivan, former HHS Secretary, discusses President Obama's decision to send 3,000 U.S. troops to West Africa to help in their fight with Ebola.

  • Is climate change key to the spread of Ebola? Friday, 15 Aug 2014 | 5:56 AM ET
    Women washing along the Niger River near Babila, Guinea.

    Ebola outbreaks may become more frequent because of climate change, scientists warn, as the deadly disease ravages West Africa.

  • Ebola panic may give these stocks a fillip Wednesday, 13 Aug 2014 | 6:35 PM ET

    Shares of Malaysia's latex glove makers have had a tough year so far, but some analysts expect panic over Africa's Ebola outbreak may spur gains.