Abbott Acquires Cephea Valve Technologies

Posted in Medical Device

January 16, 2019 • 2 min read

Abbott ($ABT) announced today that it has exercised its option to purchase Cephea Valve Technologies, Inc., a privately held medical device company developing a less-invasive heart valve replacement technology...

Medtronic CEO Pushes Back on Barclays Negative Comments

Posted in Medical Device

January 10, 2019 • 3 min read

Shares of Medtronic fell 6.5% after Medtronic CEO, Omar Ishrak, said during a presentation at the J.P. Morgan Healthcare Conference that sales would fall at the mid-point of the company's yearly projections due to softness in their cardiac and vascular divisions....

Amgen Reduces Price of Repatha Devices by 60%

Posted in Biotech

January 09, 2019 • 3 min read

On the first day of the J.P. Morgan Healthcare Conference, Amgen announced they would lower the list price of monthly doses for their cholesterol lowering medicine Repatha by 60%. ...