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Organovo Gains 9% After Announcing Promising Preclinical Data For Bio-Printed Liver Tissue
Tuesday, December 13, 2016 - 2:29pm | 421Organovo Holdings Inc (NASDAQ: ONVO) is a biology company that focuses on delivering scientific and medical breakthroughs using its 3D bioprinting technology. On Tuesday, the company presented data related to the survival and sustained functionality of its 3D bio-printed human liver tissue when...
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Cardisovascular Systems Names Scott Ward As Interim CEO, David Martin To Step Down For Health Reasons
Tuesday, March 1, 2016 - 9:20am | 276Cardiovascular Systems Inc (NASDAQ: CSII), a medical technology company, announced after Monday's market close that its president and CEO David Martin has stepped down from the company to focus on his cancer treatment. Cardiovascular Systems disclosed to investors that Martin has been battling with...
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Stryker To Acquire Sage Products From Madison Dearborn Partners For $2.775 Billion
Monday, February 1, 2016 - 3:46pm | 275Stryker Corporation (NYSE: SYK), a leading medical technology company, announced on Monday it will acquire Sage Products, LLC from Madison Dearborn Partners for $2.775 billion in cash. Shares of Stryker were trading lower by 0.56 percent at $98.59 mid-Monday afternoon. Sage is a developer of...
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Bloomberg: GlaxoSmithKline, Qualcomm To Jointly Develop Medical Technology
Wednesday, January 20, 2016 - 2:34pm | 161According to Bloomberg, GlaxoSmithKline plc (ADR) (NYSE: GSK) and QUALCOMM, Inc. (NASDAQ: QCOM) are discussing ways to combine both companies expertise and create advances in medical technology. Bloomberg, citing "people with knowledge of the matter," noted that GlaxoSmithKline isn...
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3 Medical Tech Trading Ideas With Upcoming Catalysts
Tuesday, September 29, 2015 - 9:34am | 560Caroline Corner, an analyst at Cantor Fitzgerald that covers medical technology highlighted three companies with upcoming catalysts. The three names are: Alimera Sciences Inc (NASDAQ: ALIM), Cerus Corporation (NASDAQ: CERS), and Intersect ENT Inc (NASDAQ: XENT). Corner stated all three...
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2 Medical Technology Stocks To Weather Market Pullback
Tuesday, August 25, 2015 - 1:49pm | 355Given the wide domestic market slack, Piper Jaffray analysts Matt O'Brien and J.P. McKim reviewed their medical technology stocks list (which includes orthopedics, dental and vision care names) to determine which companies might provide good investment opportunities to weather the storm. The...
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Goldman Sachs' New Pair Trade? Bull Zeltiq Aesthetics, Bear NuVasive
Wednesday, June 3, 2015 - 3:27pm | 397In a report published Tuesday, Goldman Sachs analyst David Roman revisited the small-cap names under his coverage and noted that he is sticking with his view that product cycles and U.S. cyclical exposure (hospital capex/utilization) remain the "most prominent" drivers of upside....
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Medtronic Down But Not Out (MDT, BAX, STJ)
Tuesday, October 5, 2010 - 8:25pm | 319Medtronic (NYSE: MDT) is down for the year, but not out. While the S&P 500 has staged a mighty rally over the past 5 weeks bringing the index solidly into positive territory for the year (up 5.9% including dividends as of October 5th) Medtronic has fallen 22.8%. MDT is the world's largest...