Category: Emerging Markets
Smith & Nephew acquires the Brazilian distribution of its wound care products from Politec Saúde.
Smith & Nephew (FTSE:SN, NYSE:SNN) said it acquired the Brazilian distribution of its wound care products from Politec Saúde for an undisclosed amount.
Edwards Lifesciences expands its heart valve manufacturing facility in Singapore, doubling the size of the current building, in growing world-wide demand.
Edwards Lifesciences (NYSE:EW) doubled a heart valve manufacturing facility in Singapore, saying it needs the boost to keep up with growing demand for tissue heart valves.
China-based Mindray Medical lowered its full-year financial outlook on sluggish hospital purchases at home, even as sales and profits each gain 15% during the company's 3rd quarter.
St. Jude CEO Daniel Starks says his rivals' laser-focus on cheaper medical devices for emerging markets puts too much stake in the present rather than looking to the future.
St. Jude Medical (NYSE:STJ) CEO Daniel Starks has his own key to success, and it doesn't jibe well with some of his rivals, who he left unnamed in his criticism.