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Falling Revenues Seen for Heart Valve Market

Around 80,000 heart valve repair procedures were performed in Europe last year, a figure estimated to grow to almost 87,000 procedures by 2007. More...
03 Jul 2001

J&J to Acquire Diabetes Care Businesses for $1.3 Billion

In a move to regain supremacy in the diabetes market, Johnson & Johnson has agreed to acquire Inverness Medical Technology, Inc. excluding certain businesses of Inverness, for about US$1.3 billion in stock. More...
08 Jun 2001

GE and Fujitsu in Alliance to Integrate Medical Imaging

An alliance to provide hospitals and other medical centers in Japan with integrated clinical imaging information systems has been announced by GE Medical Systems and Fujitsu Limited. More...
07 Jun 2001

Bayer and Matsushita in Diagnostic Alliance

A long-term strategic business relationship to jointly develop, manufacture, and market diagnostic products has been announced by Bayer Corp. and Matsushita Electric Industrial Co. More...
01 Jun 2001

Medtronic to Buy MiniMed $3.7 Billion

Medtronic Inc. has announced plans to buy MiniMed Inc. and an allied company, Medical Research Group Inc., for US$3.7 billion in cash and stock More...
31 May 2001

Tyco to Acquire C.R. Bard for $3.13 Billion

Tyco International has agreed to acquire C.R. Bard, for US$3.13 billion in stock and to assume $73 million in Bard debt. More...
31 May 2001

Roche May Make Sweeping Job Cuts

Beset by declining profits, setbacks in new-drug development, and the surprise purchase of nearly a 20% stake by Swiss rival Novartis A.G., Roche Holdings A.G. is soon expected to reduce its workforce by as much as 12%, according to industry analysts. More...
29 May 2001
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