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Health Care Equipment

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  • NEW YORK, Jan 29- When Marty Weinstein decided to quit smoking, he took a friend's advice and tried electronic cigarettes rather than government-approved nicotine replacement products. E-cigarette makers in the United States are barred from explicitly marketing the products as smoking cessation devices, but have found ways to appeal legally to smokers who...

  • Jan 27- Medical device maker Abiomed Inc raised its full-year revenue forecast and said the U.S. Food and Drug Administration had approved its heart pump, sending its stock nearly 32 percent in extended trading. Abiomed's heart pump, Impella RP, helps blood circulation for up to 14 days in patients who develop acute right heart failure following implantation,...

  • Jan 27- Medical device maker Abiomed Inc raised its full-year revenue forecast and said it had received U.S. approval for its heart pump, sending its stock soaring 24 percent after-hours. Abiomed raised its revenue estimate for the year ending March 31 to $223- $226 million from $209- $212 million. The company said the U.S. Food and Drug Administration had approved...

  • 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?

  • FBI agents on Wednesday raided the offices of Med-Care Diabetic& Medical Supplies Inc, a Florida medical device company whose executive vice president helped inspire the movie "The Wolf of Wall Street," according to a Reuters reporter and other witnesses. Danny Porush is a top executive at Med-Care who inspired the character portrayed by actor Jonah Hill in the...

  • FBI agents on Wednesday raided the offices of Med-Care Diabetic& Medical Supplies Inc, a Florida medical device company whose executive vice president helped inspire the movie "The Wolf of Wall Street," according to two witnesses. Dozens of agents from the FBI, Florida fraud department, and local police closed entrances to the building that houses Med-Care, and...

  • WASHINGTON, Jan 14- The U.S. Food and Drug Administration said on Wednesday it has approved a new device to treat obesity, the first since 2007, sending shares of its maker, EnteroMedics Inc, up as much as 74 percent. Known as the Maestro Rechargeable System, the device controls hunger and feelings of fullness by targeting the nerve pathway between the brain and the...

  • FDA approves EnteroMedics' novel device to treat obesity Wednesday, 14 Jan 2015 | 10:47 AM ET

    WASHINGTON, Jan 14- The U.S. Food and Drug Administration said on Wednesday it has approved a new device to treat obesity, the first since 2007.. Known as the Maestro Rechargeable System, the device, made by EnteroMedics Inc, controls hunger and feelings of fullness by targeting the nerve pathway between the brain and the stomach. But an FDA advisory panel...

  • 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.

  • Healthcare: The 'bull market leader' Wednesday, 7 Jan 2015 | 5:55 AM ET
    Healthcare: The 'bull market leader'

    Analysts are expecting a jump in earnings growth from the healthcare sector, but will its success continue into 2015? Andrew Burkly, managing director and head of institutional portfolio strategy at Oppenheimer Asset Management, shares his thoughts.

  • I believe in Obamacare: Mount Sinai Health CEO Saturday, 22 Nov 2014 | 12:00 PM ET
    Signage hangs outside Mount Sinai Hospital on August 4, 2014 in New York City.

    Despite the endless controversies dogging Obamacare, the CEO of Mount Sinai believes the legislation is meeting many of its goals.

  • First Ebola vaccine trial starts in Africa Thursday, 9 Oct 2014 | 7:29 PM ET

    The first trial of an Ebola vaccine has started with the vaccination of three health care workers in Mali, researchers told NBC News.

  • Intel’s Basis takes second stab at health watch Tuesday, 30 Sep 2014 | 12:52 PM ET
    Basis Peak watch

    Another day, another new wrist-wearable in gadgetland. But this one sounds … pretty compelling. Re/code explains.

  • An Ebola vaccine? 'There's no money in it.' Monday, 4 Aug 2014 | 10:56 AM ET
    Medical staff put on protective gear at Kenema Government Hospital before taking a sample from a suspected Ebola patient in Kenema, Sierra Leone.

    The death toll from the Ebola virus in West Africa keeps growing to record levels. And ironically, that may be why there's no vaccine, said an expert.

  • Taking on the Luxottica eyewear machine Tuesday, 17 Jun 2014 | 6:00 AM ET
    Neil Blumenthal (left) and David Gilboa, co-founders of Warby Parker

    A David taking on retail Golaiths, this e-commerce upstart is circumventing traditional channels and selling eyeglasses to the masses.

  • Medtronic mulls bid for Smith & Nephew: Report Wednesday, 4 Jun 2014 | 3:36 PM ET
    Medtronic office in Toronto.

    One of the world's largest makers of medical devices, Medtronic, is considering a takeover of London-based Smith & Nephew, Bloomberg said.

  • 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.

  • Boston Scientific subpoenaed over heart device Friday, 9 May 2014 | 6:25 AM ET
    U.S. Department of Health and Human Services building, Washington, DC.

    Boston Scientific received a subpoena this week from the Department of Health and Human Services seeking information about its defibrillators.

  • 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.

  • Gates Foundation fighting dirty water deaths Monday, 24 Mar 2014 | 2:15 PM ET
    An exhibitor demonstrates the use of a toilet tap where water is recycled and reused, during the Reinvent The Toilet Fair in New Delhi on March  21, 2014.

    The Gates Foundation has awarded $2 million in grants to several Indian organizations to help improve sanitation by building a high-tech toilet.