Medtech

Last Thursday, Johnson & Johnson (NASDAQ: JNJ) has topped earnings estimates and uplifted its full-year guidance on the back of a strong medtech sales momentum. The healthcare conglomerate reported strong results with plenty of legal anxiety in the air owed to thousands of lawsuits claiming its...

Key takeaways: After buying a related peer in November, PW Medtech acquired a human tissue regeneration and repair product developer last week at a high premium The company’s performance has been affected by the pandemic, and it may hope the new acquisitions will lower such risk through...

Royal Philips (NYSE: PHG) announced a strategic partnership agreement with NICO.LAB, a MedTech stroke care company, significantly advancing Philips’ commitment to improving outcomes for people who suffer a stroke. This partnership brings a cloud-based, end-to-end...

A strong value proposition and high retention rate have turned Northland Capital Markets bullish on Biotricity, Inc (OTC: BTCY). The Biotricity Analyst: Analyst Jason Wittes initiated coverage on Biotricity with an Outperform rating, setting a share price target of $7. The Biotricity Takeaways:...

BIOHM Health, a total microbiome company, is launching an online interactive gut assessment tool. What Happened: BIOHM Health, founded by Dr. Afif Ghannoum, said it's the first company that addresses the gut’s total microbiome of both bacteria and fungi. “BIOHM Health started with...

Lucira Health Inc (NASDAQ: LHDX) has announced that its Lucira Check IT COVID-19 test kit is now available on Amazon.com in the US. Each Lucira Check IT test kit provides a PCR quality test result at home in 30 minutes or less. The product costs $55. Price Action: LHDX shares...

SmileDirectClub Inc (NASDAQ: SDC) said Monday afternoon it's seeking approximately $2.8 billion in damages from Comcast Corporation's (NASDAQ: CMCSA) NBCUniversal. What Happened At NBC News At the heart of the lawsuit is NBC's Feb. 13 episode of "Nightly News", which...

3M Co (NYSE: MMM) shares, which came under significant selling pressure following its disappointing first-quarter results April 25 and downward adjustment of full-year guidance, were seeing incremental weakness Thursday after the company announced a multibillion-dollar M&A deal. What Happened...

Medical technology and orthopedic implant company Stryker Corporation (NYSE: SYK) reported an earnings beat Tuesday, and three sell-side analysts remain bullish on the stock. Stryker reported quarterly earnings of $1.88 per share, beating the consensus estimate of $1.84 and up about 12...

Silk Road Medical Inc will hit the Nasdaq under ticker SILK on Thursday. Here’s what you should know before making a bid. The Offering Silk Road said it would issue nearly 4.7 million shares between $15 and $17. The offering represents 16.3 percent of outstanding shares. Late Wednesday, the...

Shares of Medigus Ltd. (NASDAQ: MDGS), an Israel-based medical device company that focuses on developing minimally invasive endo-surgical tools, gained more than 11 percent early Thursday morning after saying it's eyeing the medical marijuana industry. Medigus said in a press release it's...

CAS Medical Systems Inc (NASDAQ: CASM) shares are rising by one-half of their value Tuesday after Edwards Lifesciences Corp (NYSE: EW), a manufacturer of heart valves and other medical devices, announced an agreement to buy the company. What Happened  CAS Medical is a medical tech company...

Shares of medical technology company Medtronic PLC (NYSE: MDT) were flirting with the $100 per share mark for parts of 2018, but have since come down to a level that should be taken advantage of by investors, according to BTIG. The Analyst Analyst Sean Lavin upgraded Medtronic from...