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  • CHICAGO, Dec 18- China agreed to allow U.S. medicines and medical devices into local markets more quickly and open up its anti-trust procedures, U.S. U.S. and Chinese officials said they made progress on a range of issues at three-day Joint Commission on Commerce and Trade meetings, which aims to smooth out snags in a trade relationship worth more than $600 billion...

  • 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.

  • 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...

  • WASHINGTON, Nov 26- Medtronic Inc has won U.S. antitrust approval to buy Dublin- based Covidien Plc on condition that it sell its drug-coated balloon catheter business, the Federal Trade Commission said on Wednesday. Medtronic and Covidien shareholders will vote on the merger on Jan. 6. Medtronic is the world's largest stand-alone medical device maker, with a...

  • 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.

  • New Year’s resolutions hazardous to your health? Sunday, 5 Jan 2014 | 11:00 AM ET

    Diving into New Year's resolutions to get fit or lose weight may be hazardous to your health.

  • Breaking a sweat on Wall Street   Thursday, 26 Dec 2013 | 12:53 PM ET
    Breaking a sweat on Wall Street

    Inform Fitness uses a 20-minute high intensity workout each week. Founder Adam Zickerman puts "Fast Money" trader John Najarian to work. Intensity is key to results, says Zickerman.

  • 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