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Health Care Equipment and Supplies

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  • CHICAGO, Dec 18- China agreed to cut red tape for imports of U.S. medicines and medical devices and open up its anti-trust procedures, U.S. Commerce Secretary Penny Pritzker said on Thursday after three days of bilateral talks. China agreed to publish the results of administrative proceedings conducted under its anti-monopoly law, which has been criticized for...

  • AMSTERDAM, Dec 17- Philips has agreed to acquire U.S.-based medical device maker Volcano Corp for $1.2 billion including debt, its largest healthcare acquisition in seven years and a bid to cash in on an ageing population's need for more complex treatments. But at $18 per Volcano share, a premium of 57 percent to its Tuesday closing price, Wednesday's deal...

  • Dec 17- Philips will acquire Volcano Corp, a U.S.-based medical device maker, for $1.2 billion including debt, to expand in the image-guided therapy market. Philips will offer $18 per share for Volcano, the companies said in a statement on Wednesday. The offer is at a premium of about 57 percent to Volcano's closing price on the Nasdaq on Tuesday.

  • 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.

  • Dec 8- Medical device maker Stryker Corp will pay the U.S. government $80 million to settle criminal and civil charges that its OtisMed Corp subsidiary sold devices used in knee replacement surgery without approval from the U.S. Food and Drug Administration. The company sold more than 18,000 OtisKnee cutting guides- which are designed to help surgeons make...

  • Dec 8- Medical device maker Stryker Corp will pay the U.S. government $80 million to settle charges that its OtisMed Corp subsidiary sold devices used in knee replacement surgery without approval from the U.S. Food and Drug Administration. The company sold more than 18,000 OtisKnee cutting guides- which are designed to help surgeons make accurate bone cuts in...

  • BlackBerry, NantHealth launch cancer genome browser Sunday, 7 Dec 2014 | 10:44 PM ET

    TORONTO, Dec 7- BlackBerry Ltd and NantHealth, a healthcare-focused data provider, launched a secure cancer genome browser on Sunday, giving doctors the ability to access patients' genetic data on the BlackBerry Passport smartphone. "Our partnership with BlackBerry has really been able to create a scalable super-computer in the palm of the hands of the doctor,"...

  • 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.

  • Bionic eyes to supercomputers: Inside Livermore Thursday, 31 Jul 2014 | 4:32 PM ET
    Jeff Wisoff in front of the world’s largest laser at the Lawrence Livermore National Laboratory.

    Lawrence Livermore is reaching out to private industry amid a race for talent and ideas to solve pressing issues including national security.

  • Deadly 'superbug' is spreading in US hospitals Thursday, 24 Jul 2014 | 2:03 PM ET

    CRE, one of the worst of the superbugs, is spreading in some hospitals, and there's worry that cases are under-reported.

  • AstraZeneca Chair: Shareholders, 'vote me away' Monday, 19 May 2014 | 11:14 AM ET

    As AstraZeneca's shares slid following its rejection of Pfizer's new bid, the company's chairman said he was "reasonably confident" it was the right decision.

  • J&J beats forecasts, helped by new medicines Tuesday, 15 Apr 2014 | 10:06 AM ET

    Johnson & Johnson turned in a solid first quarter Tuesday, topping analysts' profit and revenue estimates and increasing its 2014 earnings forecast by 5 cents a share.

  • Venture funds see growth in health care start-ups Sunday, 9 Mar 2014 | 1:17 PM ET

    As healthcare reform begins to take shape, venture capitalists see emerging opportunities in digital health start-ups.

  • Smile! Here's the next 'smart' product Thursday, 20 Feb 2014 | 10:00 AM ET

    P&G is bringing the dentist into your bathroom a smartphone-connected toothbrush, a device that gives personalized advice to help people improve their brushing.

  • Obamacare Inc: Allies urge White House to tap CEO Monday, 30 Dec 2013 | 7:28 AM ET

    The White House is coming under pressure from some of its closest allies to name a CEO to run its health insurance marketplace.

  • Icahn reports large stake in medical device maker Thursday, 21 Nov 2013 | 10:25 AM ET
    Carl Icahn, billionaire investor and chairman of Icahn Enterprises Holdings LP

    Activist investor Carl Icahn reported a 12.63 stake in medical device maker Hologic, prompting the company to seek protection from a hostile takeover

  • One man, one small business, four billionaires Wednesday, 13 Nov 2013 | 8:00 AM ET

    An entrepreneur has attracted investments from four billionaires: Sam Zell, Herb Simon, David Bonderman and "one family you've never heard of."