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Health Care Equipment and Supplies

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  • 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.

  • NEW YORK— Medical device maker Medtronic said Friday it expanded its stock repurchase authorization, raised its quarterly dividend, and completed two acquisitions for about $200 million total. Medtronic PLC raised its quarterly dividend to 38 cents from 30.5 cents. Medtronic paid $93 million to buy CardioInsight Technologies, a Cleveland company that...

  • 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...

  • WASHINGTON— The House defied a White House veto threat and voted Thursday to abolish a tax on medical device makers as a group of Democrats uncharacteristically joined Republicans in moving to kill part of President Barack Obama's health care law. House Majority Leader Kevin McCarthy, R- Calif., said he hoped the bill's bipartisan support "will make the...

  • 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...

  • SINGAPORE, June 5- Whoever was behind the latest theft of personal data from U.S. government computers, they appear to be following a new trend set by cybercriminals: targeting increasingly valuable medical records and personnel files. Cyber investigators from iSight Partners said they had linked the OPM hack to earlier thefts of healthcare records from...

  • WASHINGTON, June 5- Hackers broke into U.S. government computers, possibly compromising the personal data of 4 million current and former federal employees, and investigators were probing whether the culprits were based in China, U.S. officials said on Thursday. Cyber investigators linked the breach to earlier thefts of healthcare records from Anthem Inc, the...

  • WASHINGTON, June 5- Hackers broke into U.S. government computers, possibly compromising the personal data of 4 million current and former federal employees, and investigators were probing whether the culprits were based in China, U.S. officials said on Thursday. Cyber investigators linked the breach to earlier thefts of healthcare records from Anthem Inc, the...

  • NEW YORK, June 5- Amazon.com Inc is in a race against Google Inc to store data on human DNA, seeking both bragging rights in helping scientists make new medical discoveries and market share in a business that may be worth $1 billion a year by 2018.. Academic institutions and healthcare companies are picking sides between their cloud computing offerings- Google...

  • June 2- Medical device maker Medtronic Plc reported better-than-expected adjusted quarterly profit on higher sales across its business lines in its first quarter, including revenue from the acquisition of surgical products provider Covidien Plc. Wall Street shrugged off the currency hit, with Medtronic's shares edging slightly higher to $76.72 in...