Advertisement
News
Subscribe to MDT Magazine News

Medtronic says second-quarter profit falls 35 per cent on higher costs

November 23, 2010 2:45 am | by The Associated Press | Comments

Medtronic's fiscal second-quarter profit fell 35 per cent as legal and other costs outpaced weak gains in medical device sales, but adjusted results met Wall Street expectations.The medical device maker, based in Minneapolis, says profit fell to US$566 million, or 52 cents per share, from $868...

LeukoDx retains thinXXS to develop its Microfluidics cartridge

November 22, 2010 10:37 pm | by I-Micronews | Comments

LeukoDx Inc. is pleased to announce that it has retained the services of thinXXS Microtechnology AG to develop the single use microfluidics cartridge to be used in its Point of Care micro-flowcytometry platform.

How to Train Your Own Brain

November 22, 2010 7:37 pm | by Massachusetts Institute of Technology | Comments

A new way to create and interpret real-time brain scans could help addicts control their cravings.

TOPICS:
Advertisement

Covidien Collaborates with Arthritis Foundation on Patient-Education Initiatives

November 22, 2010 4:36 pm | by Covidien | Comments

Let's Move Together Movement Tracker Empowers Patients to Track Incremental Successes ST. LOUIS, Nov 22, 2010 (BUSINESS WIRE) --The Arthritis Foundation and Covidien (NYSE: COV) have joined forces to help advance awareness and support for millions of people suffering from osteoarthritis...

TOPICS:

Expanded CT protocol spots stroke’s origin, changes treatment

November 22, 2010 4:35 pm | by Diagnostic Imaging | Comments

CT protocols for ischemic stroke can be expanded to cover the heart as well as the head and neck, obviating other imaging tests that may be necessary to pinpoint the source of the stroke, a new study finds.

TOPICS:

Medtronic will buy Ardian for $800M in cash

November 22, 2010 2:47 pm | by The Associated Press | Comments

Medtronic Inc., the world's largest medical device maker, said Monday it will pay $800 million in cash to buy the remaining 89 percent of blood pressure treatment maker Ardian Inc. that it doesn't already own.Privately held Ardian makes a catheter system designed to treat high blood pressure by...

USTA sues Olympus over sponsorship deal(2)

November 22, 2010 2:46 pm | by The Associated Press | Comments

The U.S. Tennis Association is suing Olympus Corporation of the Americas for $11.65 million for breach of contract, saying the camera company wants to get out of their sponsorship agreement for 2011.Olympus and the USTA have been partners since 2003. In a 2007 agreement, they extended their...

USTA sues Olympus over sponsorship deal

November 22, 2010 2:45 pm | Comments

The U.S. Tennis Association is suing Olympus Corporation of the Americas for $11.65 million for breach of contract, saying the camera company wants to get out of their sponsorship agreement for 2011.Olympus and the USTA have been partners since 2003. In a 2007 agreement, they extended their...

Advertisement

Maxygen will distribute Codexis shares and cash

November 22, 2010 12:45 pm | by The Associated Press | Comments

Biotechnology company Maxygen Inc. said Monday that it will distribute its stake in Codexis Inc. and about $30 million in cash to its own shareholders.Maxygen owns about 6 million shares of Codexis, which represents a 17-percent stake in the company. It has warrants to buy another 31,000...

Building Up In 3D: the steps from SOC to 3D-ICs

November 22, 2010 10:35 am | by I-Micronews | Comments

Ed Sperling from System Design Magazine recently published a very nice article explaining the key motivations and consequences of moving from 2D-SOC to partitioned and stacked die 3D-ICs, as seen as from a IC designer perspective.

Health insurer stocks rise after HHS announcement

November 22, 2010 9:46 am | by TOM MURPHY - AP Business Writer - Associated Press | Comments

Several large health insurance stocks climbed Monday while the broader market fell after the Obama administration announced details of a new rule that will govern how much insurers spend on medical care.Starting next year, insurers will have to spend at least 80 cents of the premium dollar on...

Celldex advances brain tumor vaccine

November 22, 2010 9:36 am | by Mass High Tech: The Journal of New England Technology | Comments

Celldex Therapeutics Inc. said its therapeutic vaccine to treat the most common and most aggressive form of brain tumor has been successful in temporarily halting the progression of the disease for about two-thirds of the patients in a Phase 2 study.

TOPICS:

Military experts provide civilian surgeons with guidance on handling bomb blast injuries

November 22, 2010 9:34 am | by EurekAlert | Comments

(Wiley-Blackwell) "The recent international security alerts provide a timely reminder that surgeons could be called on at a moment's notice to deal with blast injuries" says consultant surgeon Jonothan Earnshaw, joint editor-in-chief of BJS, the British Journal of Surgery. BJS has just...

TOPICS:

Earnings Preview: Medtronic to report 2Q earnings

November 22, 2010 7:46 am | by The Associated Press | Comments

Medtronic Inc., the world's largest medical device maker, announces its fiscal second-quarter earnings Tuesday morning before markets open.WHAT TO WATCH FOR: Last quarter the company reported a sharp drop in sales of pacemakers, stents and other medical implants. The company said the shortfall...

Archemix sells hemophilia drug assets to Baxter for up to $305M

November 22, 2010 5:37 am | by Mass High Tech: The Journal of New England Technology | Comments

Cambridge-based Archemix Corp. has agreed to sell all of its hemophilia-related assets to Illinois life sciences company Baxter International Inc. for a deal that could be worth up to $305 million for Archemix.

Pages

X
You may login with either your assigned username or your e-mail address.
The password field is case sensitive.
Loading