Latest Medical devices News
Ford is under investigation for Bronco Sport gas leaks. US says its remedy doesn't fix the problem
DETROIT (AP) — The U.S. government's auto safety agency has opened an investigation into a Ford recall for gasoline leaks from cracked fuel injectors that can cause engine fires, saying in documents that the remedy doesn't fix the leaks. The National Highway Traffic Safety...
Company that made millions of defective sleep apnea machines ordered to overhaul manufacturing
WASHINGTON (AP) — The company responsible for a global recall of sleep apnea machines will be barred from resuming production at U.S. facilities until it meets a number of safety requirements, under a long-awaited settlement announced Tuesday by federal officials. Philips will be...
Newmont, Shockwave Medical rise; John Bean falls, Friday, 4/4/2024
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Friday: Shockwave Medical Inc., up $6.35 to $326.34. Johnson & Johnson is buying the medical device company in a deal worth about $13.1 billion. Norfolk Southern Corp.,...
J&J to pump another $13B into its MedTech business with Shockwave deal
Johnson & Johnson is pumping more money into heart care with a roughly $13 billion deal for Shockwave Medical, which specializes in technology that helps open clogged arteries. The health care giant said Friday that it will spend $335 in cash for each share of Shockwave. The...
AT&T, FedEx fall; Ballard Power, Semtech rise, Monday, 4/1/2024
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Monday: AT&T Inc., down 10 cents to $17.50. The telecommunications giant said it discovered a data breach impacting millions of current and former customers. Elanco...
Merck, Cintas rise; GameStop, MiMedx fall, Wednesday, 3/27/2024
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Wednesday: Merck & Co., up $6.23 to $131.75. The drug developer received U.S. approval for a high blood pressure treatment. Shockwave Medical Inc., up $6.54 to $322.61....
Apyx: Q4 Earnings Snapshot
CLEARWATER, Fla. (AP) — CLEARWATER, Fla. (AP) — Apyx Medical Corporation (APYX) on Thursday reported a loss of $9.6 million in its fourth quarter. The Clearwater, Florida-based company said it had a loss of 28 cents per share. Losses, adjusted to extinguish debt, came to 19 cents...
Avinger: Q4 Earnings Snapshot
REDWOOD CITY, Calif. (AP) — REDWOOD CITY, Calif. (AP) — Avinger Inc. (AVGR) on Wednesday reported a loss of $5 million in its fourth quarter. The Redwood City, California-based company said it had a loss of $3.93 per share. The medical device maker posted revenue...
North Carolina lands syringe-manufacturing plant that will employ 400
WILSON, N.C. (AP) — A company that makes containers and injections for vaccines and other drugs will build a new manufacturing plant in eastern North Carolina, creating 400 jobs by the end of the decade, officials announced on Monday. A U.S.-based subsidiary of German firm SCHOTT...
EPA tightens limits on a chemical used to sterilize medical equipment, citing cancer risk
WASHINGTON (AP) — The Environmental Protection Agency is imposing stricter limits on a chemical used to sterilize medical equipment after finding a higher-than-expected cancer risk at facilities that use ethylene oxide to clean billions of devices including catheters and syringes. ...
