Home » Medical Equipment : Supplies and Distribution (TRBC)
(Reuters) – The U.S. Food and Drug Administration on Monday cleared a new version of Abbott Laboratories’ continuous glucose monitoring device, helping the company build upon the success of its fastest-growing diabetes product. FreeStyle Libre 2, which was app... More »
(This April 26 story has been refiled to correct spelling of commerce ministry official’s first name in paragraph four) BEIJING (Reuters) – China is dropping a requirement that a number of key virus care products get domestic regulatory approval before export,... More »
NEW YORK (Reuters) – Uncertainty over the economic impact of the coronavirus outbreak has prompted at least some winners of the U.S. Lipper Fund Awards to look for companies that can withstand a prolonged pullback. U.S. stocks are down sharply from the record ... More »
TOKYO (Reuters) – Toshiba Corp said on Monday it would extend the period of its tender offer for chip equipment unit NuFlare Technology Inc until Jan. 16. The extension of the offer, from the originally set Dec. 25, was requested by NuFlare to give its shareho... More »
CHICAGO (Reuters) – Many patients with severe but stable heart disease who routinely undergo invasive procedures to clear and prop open clogged arteries would do as well by just taking medications and making lifestyle changes, U.S. researchers reported on Satu... More »
CLEVELAND (Reuters) – A landmark trial over the U.S. opioid epidemic is on track to begin on Monday after drug companies and local governments failed to agree on a settlement on Friday that had been expected to be valued at around $50 billion. Top executives o... More »
(Reuters) – From the start of the sprawling U.S. litigation seeking to hold drugmakers and distributors liable for the country’s opioid epidemic, Judge Dan Polster has made one thing clear: he never wanted a trial. On Friday, Polster will make his most dramati... More »
(Reuters) – A $34 billion Iowa pension plan on Friday said it will terminate an investment contract with Kenneth Fisher, whose alleged insensitive remarks about women has cost his firm more than $1 billion in assets under management. The Iowa Public Employees’... More »
JERUSALEM (Reuters) – Accelmed, a U.S.-Israel group of funds investing in medical device and digital health companies, said on Monday it was establishing a new fund with the aim of raising and managing $100 million. The Accelmed Ventures II fund will invest in... More »
(Reuters) – An unnamed hospital in Oklahoma used contaminated gastroscopes in procedures performed on nearly a thousand patients in recent months, device maker Pentax Medical told U.S. regulators last month, putting the patients at risk of exposure to bacteria... More »
(Reuters) – Insulin-dependent patients with type 2 diabetes saw a significant drop in their blood sugar levels after wearing Abbott Laboratories Inc’s continuous glucose monitoring system for three months compared with those who use routine fingerstick testing... More »
PARIS (Reuters) – Eyewear group EssilorLuxottica said it had resolved a dispute between its feuding French and Italian partners, and would push on in its search for a new chief executive and its aims to centralize various new corporate functions. The resolutio... More »
(Reuters) – Non-invasive heart valve replacement systems from Medtronic Plc and rival Edwards Lifesciences Corp proved as good or better than open heart surgery in younger, more active patients for whom the surgical option was deemed low risk, according to tri... More »
NEW YORK (Reuters) – Bayer AG disputed accusations in a new Netflix documentary that claims medical device makers and the U.S. Food and Drug Administration placed profits before patient safety. The company, in a statement released Thursday night, said the docu... More »
(Reuters) – A U.S. judge on Thursday overturned a $140.1 million verdict against AbbVie Inc in a lawsuit by a man who claimed the company misrepresented the risks of its testosterone replacement drug AndroGel, causing him to suffer a heart attack. U.S. Distric... More »
LONDON (Reuters) – European shares made a modest bounce on Tuesday, recovering slightly after trade tensions sent stock markets into a spiral as investors shed risky assets. The pan-European STOXX 600 was up 0.3 percent by 0837 GMT, but was far from making up ... More »
TOKYO (Reuters) – Bain Capital, which led the $18 billion acquisition of Toshiba Memory Corp, said on Monday it plans to support the business in pursuing M&A in the chip industry, including potentially large deals. The world’s No. 2 maker of NAND chips is expe... More »
(Reuters) – Medical technology company Inogen Inc on Friday disclosed a data breach via an employee email account that resulted in personal information belonging to its rental customers and its own non-public financial information being accessed. The unauthori... More »
FILE PHOTO: Passengers check in at a counter of Delta Air Lines in Mexico City, Mexico, August 8, 2016. REUTERS/Ginnette Riquelme/File Photo SHANGHAI (Reuters) – China’s aviation authority on Friday demanded an apology from Delta Air Lines (DAL.N) for listing ... More »
(Reuters) – Ocular Therapeutix Inc said on Friday the U.S. Securities and Exchange Commission (SEC) had issued a subpoena seeking information about the company’s eye-pain drug Dextenza. Shares of the company were down 7.2 percent at $4.25 in after-marketing tr... More »
(Reuters) – The Republican-led U.S. House of Representatives on Wednesday passed the biggest overhaul of the U.S. tax code in 30 years, sending a sweeping $1.5 trillion bill to President Donald Trump for his signature. The tax plan is designed to kick-start ec... More »
FILE PHOTO: A logo of Toshiba Corp is seen on a printed circuit board in this photo illustration taken in Tokyo July 31, 2012. REUTERS/Yuriko Nakao/File Photo TOKYO (Reuters) – Toshiba Corp (6502.T) and Western Digital Corp (WDC.O) have agreed in principle to ... More »
CVS Health Corp’s planned US$66bn buy of Aetna Inc is poised to boost the healthcare sector’s share of US investment-grade mergers and acquisitions lending beyond its current one-third share of the US$122bn total as the sector remains a bright spot in an other... More »
A U.S. jury on Thursday ordered AbbVie Inc to pay more than $140 million to a man who claimed the company misrepresented the risks of its testosterone replacement drug AndroGel, causing him to suffer a heart attack, the plaintiff's lawyer said in a statement. More »
A Native American tribe holding patents for drugmaker Allergan Plc (AGN.N) on Friday moved to dismiss a case brought by generic drug company Mylan NV (MYL.O) challenging the patents. More »
European shares crept higher on Tuesday, brushing off geopolitical tension as attention turned to deal-making after Aveva's tie-up with Schneider Electric. Financials and health stocks underpinned broader gains. More »
Investors piled back into European stocks on Wednesday, boosting indexes higher in a relief rally after geopolitical concerns caused a sharp dip across equity markets. More »
William Demant, the world's largest producer of hearing aids, said it could start producing cheaper over-the-counter hearing devices for the U.S. market if demand rises sharply once new legislation comes into effect. More »
European shares rose on Monday after geopolitical tension had sent them to their worst weekly losses of the year. More »
German drugs packager Gerresheimer has acquired an exclusive license for a syringe-safety solution from U.S.-based West Pharmaceutical Services, completing its portfolio of pre-fillable glass and plastic syringes, it said on Monday. More »
Inotek Pharmaceuticals Corp said on Friday it would evaluate strategic options after its sole experimental eye drug failed another trial, sending the company’s shares tumbling 45 percent in extended trading. More »
FILE PHOTO: Doctors and medical staff work during knee prosthesis surgery in an operation room at the hospital of the Canton of Nidwalden in Stans, Switzerland October 27, 2011. Picture taken October 27, 2011. REUTERS/Michael Buholzer/File Photo The world’s to... More »
Baraka Lusambo, 7, a Tanzanian with albinism who had an arm chopped off in a witchcraft-driven attack, puts on his shirt during a prosthetic fitting while he sucks on his lollipop, at the Shriners Hospital in Philadelphia, Pennsylvania, U.S., May 30, 2017. REU... More »
FILE PHOTO: Boxes of Ansell condoms are displayed for sale at a local pharmacy in Sydney, Australia, May 16, 2016. REUTERS/David Gray/File Photo April Zhang, a 21-year-old student from Shanghai, reflects the fast-shifting attitudes of China’s younger generatio... More »
FILE PHOTO: Aedes aegypti mosquitoes are seen inside Oxitec laboratory in Campinas, Brazil, on February 2, 2016. REUTERS/Paulo Whitaker/File Photo Studies using gene sequencing equipment to trace the path of Zika through the Americas show the virus arrived a y... More »
Key healthcare stakeholders, led by the World Economic Forum, plan pilot programs this year to show the value of a new model for healthcare that would track and pay for treatment based on how well it works rather than the volume of care. More »
U.S. medical equipment supplier Becton Dickinson and Co will acquire C R Bard Inc, in a $24 billion cash-and-stock deal, adding Bard’s devices to its portfolio in the high-growth sectors of oncology and surgery, both companies said on Sunday. More »
FILE PHOTO: Tesla Chief Executive, Elon Musk enters the lobby of Trump Tower in Manhattan, New York, U.S., January 6, 2017. REUTERS/Shannon Stapleton/File Photo Tesla Inc (TSLA.O) founder and Chief Executive Elon Musk said his latest company Neuralink Corp is ... More »
FILE PHOTO – The Pfizer logo is seen at their world headquarters in Manhattan, New York, U.S., August 1, 2016. REUTERS/Andrew Kelly/File Photo Pfizer Inc has received grand jury subpoenas from the U.S. Justice Department in connection with an antitrust investi... More »
An Abbott company logo is pictured at the reception of its office in Mumbai, India, September 8, 2015. REUTERS/Shailesh Andrade The U.S. Food and Drug Administration issued a warning letter to Abbott Laboratories, citing manufacturing flaws with a range of car... More »
A model demonstrates Toyota Motor Corp’s rehabilitation robot Welwalk WW-1000, designed to aid in the rehabilitation of individuals with lower limb paralysis, in Tokyo, Japan April 12, 2017. REUTERS/Toru Hanai Japanese automakers are looking beyond the industr... More »
FILE PHOTO- Potential buyers look at models of a new public housing estate to be constructed in Singapore February 13, 2017. REUTERS/Edgar Su/File Photos Business sentiment at Asia’s top companies rose to its highest in almost two years in the first quarter of... More »
Patients who received Abbott Laboratories’ novel dissolving vascular stent had a significantly higher rate of serious adverse heart events than those treated with the company’s widely used Xience drug-coated metal stent two years after implantation, according ... More »
U.S. Rep. Tom Price (R-GA) listens to opening remarks prior to testifying before a Senate Finance Committee confirmation hearing on his nomination to be Health and Human Services secretary on Capitol Hill in Washington, U.S., January 24, 2017. REUTERS/Carlos B... More »
Artificial heart maker Carmat said on Monday it had decided to withdraw its initial request to France’s national drugs agency (ANSM) to resume trial implantations. More »
The logo of Mondelez International is pictured at the company’s building in Zurich November 14, 2012. T REUTERS/Michael Buholzer The number of U.S. companies using a budgeting tool made famous in the 1970s by former U.S. President Jimmy Carter is surging as th... More »
A Swiss flag is pictured in front of the Federal Palace (Bundeshaus) is pictured in Bern, Switzerland, January 16, 2017. Picture taken on January 16, 2017. REUTERS/Denis Balibouse U.S. medical implant maker Zimmer Biomet’s (ZBH.N) decision on a potential $40 m... More »
The Luxottica name is reflected in a pair of sunglasses in this photo illustration taken in Rome February 4, 2016. REUTERS/Alessandro Bianchi/Illustration/File Photo Gupta and Valentina Za More »
Lens producers Essilor’ s logo is seen in an optician shop in Paris, France, March 15, 2016. REUTERS/Philippe Wojazer Italy’s Luxottica (LUX.MI) and France’s Essilor (ESSI.PA) confirmed on Monday plans to agree on a merger worth some 46 billion euros ($48.83 b... More »
The ticker and trading information for St. Jude Medical is displayed where the stock is traded on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., April 28, 2016. REUTERS/Brendan McDermid/File Photo Abbott Laboratories (ABT.N) moved to p... More »
Traders gather at the booth that trades Abbott Laboratories on the floor of the New York Stock Exchange, December 10, 2012. REUTERS/Brendan McDermid Healthcare company Abbott Laboratories (ABT.N) has won U.S. antitrust approval for its proposed $25 billion acq... More »
The U.S. government on Tuesday issued rules for addressing cyber vulnerabilities in medical devices, providing manufacturers with guidelines for fixing security bugs in equipment, including pacemakers, insulin pumps and imaging systems. More »
A San Francisco-based hedge fund has filed a lawsuit against Theranos Inc, accusing the blood testing company of using fraudulent methods to attract an investment of nearly $100 million, according to an investor letter filed by the fund. More »
St. Jude Medical Inc warned on Tuesday that some of its implanted heart devices are at risk of premature battery depletion, a condition it said has been linked to two patient deaths and could require the replacement of some devices. More »
A drone, made by CyPhy Works, carries a UPS package on Children’s Island off the coast of Beverly, Massachusetts during UPS’s demonstration of a drone making a commercial delivery of a package to a remote or difficult-to-access location. REUTERS/Brian Snyder U... More »
The U.S. Food and Drug Administration on Friday banned some over-the-counter antibacterial hand and body wash products, saying they are no more effective than soap and water and could cause long-term harm. More »
An edes aegypti mosquito is seen inside a test tube as part of a research on preventing the spread of the Zika virus and other mosquito-borne diseases at a control and prevention center in Guadalupe, neighbouring Monterrey, Mexico, March 8, 2016. REUTERS/Danie... More »
The ticker and trading information for St. Jude Medical is displayed where the stock is traded on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., April 28, 2016. REUTERS/Brendan McDermid Medical device manufacturer St. Jude Medical Inc ... More »
One day after a short seller claimed that St. Jude Medical Inc’s (STJ.N) heart implants are vulnerable to deadly cyber attacks, investors appear most concerned about whether the accusation will derail St. Jude’s $24 billion planned deal for Abbott Labs (ABT.N)... More »
LONDON GlaxoSmithKline and Google parent Alphabet’s life sciences unit are creating a new company focused on fighting diseases by targeting electrical signals in the body, jump-starting a novel field of medicine called bioelectronics. Verily Life Sciences – kn... More »
NEW YORK The United States will likely see more cases of local Zika virus transmission going forward, a U.S. health official warned on Sunday, although it is unlikely to turn into a broader situation as seen in Brazil or Puerto Rico. The comments comes after F... More »
CHICAGO The state of Florida, the first to report the arrival of Zika in the continental United States, has yet to invite a dedicated team of the federal government’s disease hunters to assist with the investigation on the ground, health officials told Reuters... More »
ORLANDO, Fla./MIAMI Florida authorities on Friday reported the first sign of local Zika transmission in the continental United States, concluding that mosquitoes likely infected four people with the virus that can cause a rare but serious birth defect. Governo... More »
CHICAGO Even though many doctors see need for improvement, surgical robots are poised for big gains in operating rooms around the world. Within five years, one in three U.S. surgeries – more than double current levels – is expected to be performed with robotic... More »
TRIPOLI Unable to get specialist care for his six-year-old daughter in Libya or a visa for treatment abroad, Abdulhakim Shaybi bought a motor boat and set off with her last month across the Mediterranean. Two-and-a-half hours into their journey from Sabratha i... More »
SYDNEY Australian pharmaceutical company Starpharma Holdings Ltd said it is teaming up with world No. 2 condom maker Ansell Ltd to supply Zika virus-proof condoms to the Australian Olympic team ahead of the 2016 Rio de Janeiro games. Starpharma said it is givi... More »
MUMBAI Shares in India’s largest drugmaker, Sun Pharmaceutical Industries Ltd, skidded more than 7 percent on Monday after U.S. regulators warned of standards violations at a key plant in the latest blow to India’s generic drug industry. The warning comes bare... More »
LOS ANGELES A brain-to-computer technology that can translate thoughts into leg movements has enabled a man paralyzed from the waist down by a spinal cord injury to become the first such patient to walk without the use of robotics, doctors in Southern Californ... More »
A new Novartis AG drug to treat heart failure should cost 17 percent less than its list price of $4,560 per year to keep health costs in line with growth in the overall U.S. economy, according to the nonprofit ICER. In a draft report released on Friday, the Bo... More »
NEW YORK A group of mainly U.S.-based stock traders and computer hackers in Ukraine made as much as $100 million in illegal profits over five years by conspiring to use information stolen from thousands of corporate press statements before their public release... More »
NEW YORK A group of mainly U.S.-based stock traders and computer hackers in Ukraine made as much as $100 million in illegal profits over five years by conspiring to use information stolen from thousands of corporate press statements before their public release... More »
