Health Care Equipment and Supplies Health Care Equipment

  • *Results affected by Venezuela operations. July 20- Abbott Laboratories reported better-than-expected quarterly sales and profit as strong sales in its medical device business more than made up for the hit from an economic turmoil in Venezuela. Abbott, which has four core divisions- nutrition, diagnostics, medical devices and branded generic...

  • Sales in the medical device division rose 6.4 percent to $1.37 billion in the second quarter, driven primarily by better sales of products such as MitraClip that repairs heart valves less invasively. The company, which rakes in two-thirds of its revenue from outside the United States, said results in emerging markets were weighed down by political turmoil in...

  • July 20- Abbott Laboratories reported a 3.2 percent rise in quarterly sales, helped by strength in its branded generics and medical device businesses. Net earnings from continuing operations were $812 million, or 40 cents per share, in the second quarter ended June 30, compared with $786 million, or 52 cents per share, a year earlier. The company's net sales rose to...

  • Check out the companies making headlines after the bell Tuesday.

  • 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-...

  • Doctor patient with heart montior

    HeartWare stock soared more than 90 percent on news that the company will be acquired by Medtronic.

  • *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...

  • 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...

  • Fit classrooms

    CNBC's Diana Olick takes a look at bringing deskercise to the classroom.

  • 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 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...

  • The world's largest standalone medical device maker said it sees full-year 2017 adjusted earnings of $4.60 to $4.70 per share, compared to analysts' average estimate of $4.70, according to Thomson Reuters I/B/E/S. The company earned $1.10 billion, or 78 cents per share, in the fourth quarter ended April 29, compared with a loss of $1 million, a year earlier.

  • An employee uses a Thermo Fisher Scientific Inc. X Series 2 inductively coupled plasma mass spectrometry machine to analyze copper concentrate samples inside the Central Geological Laboratory in Ulaanbaatar, Mongolia.

    Thermo Fisher Scientific said it would buy FEI for about $4.2 billion to gain access to its signature electron microscopy technology.

  • SAN FRANCISCO, May 20- A San Francisco- based company has won a U.S. government-sponsored competition with an alcohol monitoring devices that can be worn on the wrist, the latest milestone in the development of wearable technologies that monitor and diagnose medical conditions. BACtrack, a privately held medical device maker, took the $200,000 top prize in the...

  • May 20- American Medical Systems, a major defendant in litigation over controversial vaginal mesh devices, is accusing "a pyramid of businessmen, doctors and lawyers" of luring women into unwarranted surgeries to remove the implants and inflate their damages claims. The company, a unit of Ireland- based Endo International, has set aside $1.9 billion to settle as...

  • Prophix is an innovative video toothbrush paired with an iOS app.

    An invention that debuted Thursday could let you see all the spots you're missing when you brush.