Aug 25- Shares of medical device maker St Jude Medical Inc fell sharply on Thursday after short-selling firm Muddy Waters said it had placed a bet that the shares would fall because of cyber security vulnerabilities in a cardiac device. Shares of St Jude, which agreed in April to be purchased by Abbott Laboratories, were last down nearly 4 percent on heavy volume...
Aug 18- The U.S. Food and Drug Administration has widened the use of Edwards Lifesciences Corp's heart valves to patients at intermediate risk of complications if they underwent open heart surgery. The devices, Sapien XT and Sapien 3, have already been approved for use in patients unlikely to survive open-heart surgery or are at high risk for complications.
WELLINGTON, Aug 18- ResMed Inc said on Thursday it has filed legal action to stop the alleged infringement of its patented technology by New Zealand- based medical device manufacturer Fisher& Paykel Healthcare. ResMed said in a statement it filed legal action with the U.S. International Trade Commission and the U.S. District Court for the Southern District of...
Excluding one-time items, Edwards said second-quarter earnings rose to 76 cents a share from 57 cents in the year-ago period. The Irvine, California- based company raised its full-year forecast, excluding items, by 11 cents, to a range of $2.78 to $2.88 a share. It now expects sales to be at the high end of the range of its previous forecast of $2.7 billion to $3 billion.
Edwards earned 76 cents a share, excluding one-time items, in the second quarter. Analysts on average had expected 70 cents a share, according to Thomson Reuters I/B/E/S. The Irvine, California- based medical device maker raised its full-year forecast, excluding items, by 11 cents, to a range of $2.78 to $2.88 a share.
Check out the companies making headlines after the bell Tuesday.
HeartWare stock soared more than 90 percent on news that the company will be acquired by Medtronic.
CNBC's Diana Olick takes a look at bringing deskercise to the classroom.
Thermo Fisher Scientific said it would buy FEI for about $4.2 billion to gain access to its signature electron microscopy technology.
An invention that debuted Thursday could let you see all the spots you're missing when you brush.
A team at Oxford University have used virtual reality devices to help treat patients with paranoia, showing how VR could help health care.
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.
Michael Mussallem, Edwards Lifesciences CEO, talks about recent data on transcathether heart valves which show a minimally invasive procedure to replace the aortic heart valve is superior to open-heart surgery for patients with certain risks of complications.
Bill Ackman should have listened!
Ben Young, Sworkit founder & CEO, explains how a new fitness app allows users to customize personalized workout videos.
Loncar Investments CEO, Brad Loncar says immunotherapy is the most innovative, high-growth area in the biotech space, while describing the company’s ETF.
Toshiba has granted Canon exclusive negotiating rights for its medical equipment unit after a hotly contested auction.
Jonathan Adiri, CEO of Healthy.io, discusses how smart phones, wearables and tech will impact health care.
U.S. health inspectors found problems at Theranos' northern California laboratory.
In an interview with CNBC, the NIH director said people may be "a little cynical" because of cancer's casualty rate, but researchers 'had its number.'