boston scientific corporation
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Latest blogosphere posts tagged “boston scientific corporation”
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(BSX) Boston Scientific Settles Department of Justice Investigation
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Boston Scientific Corp. ( BSX ) recently settled the U.S. Department of Justice (DOJ) investigation pertaining to certain post-market surveys conducted by Guidant Corporation before being acquired by Boston Scientific in 2006. Per the terms of the settlement, Boston Scientific has agreed to pay $22 million to DOJ, ...2 days ago -
(MDT) Medtronic Has New Product To Treat Degenerative Lumbar Spine
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Medtronic, Inc. ( MDT ) recently reported the launch of its new product, the SOVEREIGN Spinal System, in the United States. The SOVEREIGN Spinal System is used to treat patients suffering from a degenerative condition affecting the lumbar spine. The new product is an intervertebral body (interbody) fusion device ...1 week ago -
(UNH) Healthcare Stock Review – December 2009 – Industry Outlook
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OVERVIEW The healthcare sector comprises different industries, ranging from managed care organizations, healthcare facilities providers and medical devices manufacturers to biotech and pharmaceutical companies. Consequently, we believe that investors in this sector should be mindful of the different drivers and ...1 week ago -
(MDT) Medtronic Analysts Downgrade to Neutral
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We have recently downgraded Medtronic ( MDT ) to Neutral as a result of limited upside potential to the stock at the current level. At present, Medtronic’s stock is trading at roughly 12.5x our fiscal 2011 EPS estimate of $3.50, higher than the peers’ mean of 11.5. This provides a limited upside potential. ...1 week ago -
(MDT) Medtronic Inc Sees Positive Results from Investigational Study
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Medtronic Inc. ( MDT ) has reported positive results from an investigational study of Deep Brain Stimulation (DBS) therapy for epilepsy. Results suggested a median reduction in seizure frequency of 41% for one year, 56% for two years and 68% for three years with DBS therapy, compared to antiepileptic medications. In ...2 weeks ago -
(MDT) Medtronic in a Legal Tussle With Medgraph
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Medtronic, Inc. ( MDT ) recently entered into a legal tussle with Medgraph Inc, whereby the latter has claimed that Medtronic’s Carelink System violates its patent. Medgraph has also claimed that the patent infringement by Medtronic was willful, deliberate and with full knowledge. Medgraph specializes in ...2 weeks ago -
($STJ) New Product from St. Jude Medical
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St. Jude Medical Inc. ( STJ ) recently received the U.S. Food and Drug Administration (FDA) approval for marketing the new Penta surgical lead for neurostimulation therapy. The Penta lead provides surgeons a new approach to manage chronic pain through neurostimulation therapy. The new surgical lead is the broadest ...3 weeks ago -
(BSX) Boston Scientific Earns FDA Clearance
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Boston Scientific Corp. ( BSX ) recently received 510(k) clearance from the U.S. Food and Drug Administration (FDA) and CE Mark approval to market its WallFlex Fully Covered Esophageal Stent in the U.S. and Europe. The new product is used for the treatment of malignant esophageal strictures (obstructions) caused by ...5 weeks ago -
(MDT) Medtronic Beats Analysts Estimates
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Medtronic, Inc . ( MDT ) reported second-quarter of fiscal 2010 earnings per share of 77 cents, compared to the Zacks Consensus Estimate of 74 cents and the year-ago earnings per share of 67 cents. Sales Total revenues in the reported quarter increased 8% year over year to $3.838 billion. Growth was witnessed ...5 weeks ago
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