Allergan fell$. 76 or. 8 percent, to $97.28. Baxter International Inc. fell$. 28 or. 4 percent, to $67.52. Boston Scientific Corp. fell$. 07 or. 6 percent, to $11.66.» Read More
The FDA will enter the unique device identifier, or UDI codes, into a database that the agency will maintian as a publicly searchable reference catalogue. The FDA plans to phase in the UDI system, focusing first on medical devices that carry the greatest risk to patients such as pacemakers, defibrillators, heart pumps and artificial joints.
Sept 20- Becton Dickinson and Co said it may have to pay up to $340 million after a federal jury found the medical device maker guilty of attempting to monopolize the safety syringe market through deceptive practices. The jury in a Texas district court awarded $113.5 million to safety syringes maker Retractable Technologies Inc, which filed the lawsuit.
Sept 19- Medical device maker Covidien Plc said it would cut costs by outsourcing services to low-cost locations and consolidating manufacturing and distribution centers. The company said it expects to record related charges of about $350 million to $450 million, most of which will be incurred by the end of fiscal 2018..
LONDON, Sept 19- A 90- year-old helium reservoir in Texas could shut down next month causing disruptions and raising costs for makers of high-tech products from MRI scanners to semiconductors and threaten medical treatments and research.
A research project that gathers more information from hospital monitors than ever before is improving the prognosis of premature infants.
*Surprising trial results lead to rethinking of depression. *Disorder now seen as cluster of distinct conditions. LONDON, Sept 9- As Susan sits chatting to a nurse in a London clinic, a light tapping sound by her head signals that parts of her brain are being zapped by thousands of tiny electro-magnetic pulses from a machine plugged into the wall.
Data from the 17,135- patient study, comparing the safety and efficacy of Spiriva Respimat against a formulation of the drug given via the older HandiHaler device, were unveiled at the European Respiratory Society congress in Barcelona on Sunday.
Sept 4- Medical device company C. R. Bard Inc said it will buy urology products maker Rochester Medical Inc for about $262 million to boost its presence in the urology homecare market.
*Zafgen's drug designed to make body produce less fat, burn excess. Aug 23- Imagine a weight-loss drug that not only helps you shed a few pounds, but does so without asking you to diet or exercise.
*Zafgen's drug designed to make body produce less fat, burn excess. Aug 23- Imagine a weight-loss pill that not only helps you shed a few pounds, but does so without asking you to diet or exercise.
*China medical devices market worth $20 billion. Two industry sources who have seen the questionnaire said it was unclear if regulators were about to investigate China's $20 billion medical devices market following multiple probes into corruption and possible price fixing in the pharmaceuticals sector.
Aug 19- Medical device maker Covidien Plc said it was recalling six lots of its Monoject prefill flush syringes sold in the United States and Bermuda as they contained non-sterilized water which could cause life-threatening infections.
Aug 20- Medtronic Inc on Tuesday reported a first-quarter profit in line with expectations on solid growth in emerging markets, but soft U.S. demand for implantable heart defibrillators weighed on its shares, which slumped more than 2 percent.
Aug 19- Medical device maker Covidien Plc said it was recalling 14 lots of its Monoject prefill flush syringes sold in the United States and Bermuda as they contained non-sterilized water which could cause life-threatening infections.
A new Web company is offering to connect inventors of smaller medical devices with people who can give them the cash they need to get off the ground.
Aug 14- An inhaled insulin device made by MannKind Corp proved more effective than injected and oral treatments in trials, potentially improving the quality of life for millions of diabetics and creating a multi-billion dollar opportunity for the company. MannKind shares rose as much as 27 percent in morning trade.
Aug 14- MannKind Corp said results of two late-stage studies showed that its experimental diabetes therapy was more effective than injected insulin and oral treatments, sending its shares up 30 percent in premarket trading.
Community Health Systems announced it would buy Health Management Associates in a deal valued at approximately $7.6 billion, including about $3.7 billion in debt.
BOSTON, July 26- Barnaby Jack, a celebrated computer hacker who forced bank ATMs to spit out cash and sparked safety improvements in medical devices, died in San Francisco, a week before he was due to make a high-profile presentation at a hacking conference.
July 24- Boston Scientific on Thursday reported a second-quarter profit, reversing a year-earlier loss, and said sales in its medical surgical device business had risen. The medical equipment maker posted net income of $130 million, or 10 cents a share, compared with a year-earlier loss of $3.6 billion, or $2.51 a share.