Biomet Inc’s second quarter preliminary net sales reports have been published and show a continuation of the tendency for highest growth levels to be coming from ex-USA and ex-Eu sources.
Financial
Angio-Seal Disputes: Kensey Nash And St. Jude Medical Agree To Mediation
Kensey Nash Corporation and St. Jude Medical will enter into non-binding mediation in an attempt to resolve disputes over royalty payments to Kensey Nash relating to the Angio-Seal vascular closure device, as well as other related claims.
Carl Zeiss Meditec Closes Financial Year on a High and Pursues Growth Course
Carl Zeiss Meditec bucks the trend with growth in all business areas and increased profitability.
Tissue Regenix Seeks Funding For Expansion Programme
UK regenerative medicine company Tissue Regenix has announced bold expansion plans for its operations.
Pulling The Plug On Grandma In Election Year?
The news that US Medicare was demanding pre-approval of hospital stays in 11 states was exposed as ill-informed with consequent recovery of MedTech share prices.
AMS Announces Acquisition of Resorba
UK Company AMS Group PLC has announced the proposed acquisition of RESORBA, a long established wound care and wound closure business headquartered in Germany.
International Sales Growth Means Exactech Q3 Revenue Up 13%
US sales down, International Sales well up for the quarter as Exactech sees overall sales revenue growth for the quarter of 13% year on year.
Medtronic To Cut Further $1.2 Billion In 5 Years
Medtronic CFO Gary Ellis’s statement of intent to further reduce cost base.
Winners And Losers From Q2 Orthopaedic Financials
Orthopaedic Companies’ financial results from Q2 in one summary table
Optos Retinal Imaging Company Sales Up 35%, Operating Profit Up 43%
Optos plc (LSE: OPTS), a leading medical retinal imaging company, has announced strong preliminary results for the year ended 30 September 2011.
Medtronic Reports Q2 Sales Growth
Medtronic Inc.has reported higher-than-expected second quarter earnings as sales of newer devices helped make up for an ongoing slump in its best-selling heart and spine implants.
Delayed NHS Spending Sees PuriCore’s UK Endoscopy And Laboratory Business Drop
PuriCore’s UK endoscopy and laboratory business decreased 13%, while Vashe Wound Therapy sales grew 51% increase for the three quarters over the same period in 2010.
Kensey Nash’s Bioadhesive Tendon Repair Grant
Kensey Nash Corporation has been awarded a two-year, $1.9 million grant to investigate the use of a bioadhesive surgical mesh for applications in tendon repair procedures.
Love/Hate Relationship With Olympus For Japanese Clinicians
We summarise the sense of betrayal among Japanese Doctors who love Olympus but hate what it is being reported as doing.
AIM Float for Sphere Medical Brings Near Real-Time Accurate Blood Gas Analysis Closer
Sphere Medical, a UK based developer of blood monitoring and diagnostic products, has issued a press release in which it has announced its flotation and new product plans.
Despite Higher Sales, Atricure 3rd Quarter Loss Increased as Margins Decrease and Operational Costs Climb
Atricure’s Quarterly Earnings Report gives reason for optimism despite increased losses.