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William Blair boosts NxStage stake by 20% | Wall Street Beat

February 5, 2013 by MassDevice staff

William Blair & Co. added 20% to its stake in medical device company NxStage Medical, which makes home hemodialysis equipment.

MassDevice.com Wall Street Beat

William Blair & Co. added 20% to its holdings in NxStage Medical (NSDQ:NXTM) last year, according to regulatory filings.

The Chicago-based investment bank owned more than 3.8 million NXTM shares as of Dec. 31, 2012, up 19.5% from the 3.2 million shares it owned at the close of 2011.

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Covidien updates on medical device, pharma split

February 4, 2013 by MassDevice staff

Covidien makes progress on its long-anticipated split into separate medical device and pharmaceutical businesses, incorporating the Mallinckrodt drug company in Ireland.

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Healthcare giant Covidien (NYSE:COV) issued updates on its long-awaited split into separate medical device and drug units and incorporated the Mallinckrodt pharmaceutical division as an independent entity in Ireland.

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Novation cuts new deals with medical device giants

February 4, 2013 by MassDevice staff

Novation picks up new product lines from Teleflex, Covidien and others.

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BlackRock boosts medical device stakes

January 30, 2013 by MassDevice staff

Hedge fund goliath BlackRock Inc. boosts its stake in a bevy of medical device companies.

BlackRock Inc.

BlackRock Inc., 1 of the world's largest hedge funds, boosted its stake in a clutch of medical device companies, with 1 exception.

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Covidien raises 2013 outlook as Q1 exceeds expectations

January 25, 2013 by MassDevice staff

Medical device company Covidien increases its guidance for 2013 on above-market growth in its medical device sales and a rosy outlook on emerging markets.

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Medtech titan Covidien (NYSE:COV) gained some points on Wall Street after raising its 2013 sales outlook on the strength of its 1st quarter results and an optimistic outlook on the company's emerging market potential.

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Covidien touts EU win for EverFlex stent

January 23, 2013 by MassDevice staff

Medical device maker Covidien wins CE Mark approval in the European Union for its EverFlex self-expanding stent system.

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Medical device company Covidien (NYSE:COV) announced CE Mark approval in the European Union for its EverFlex self-expanding peripheral stent as well as for the accompanying Entrust delivery system.

Covidien plans to roll out the device in Western Europe next month, according to a press release.

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Covidien launches stroke study

January 17, 2013 by MassDevice staff

Covidien launches the Swift prime study, 1 of the largest studies to examine acute ischemic stroke.

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Covidien (NYSE:COV) enrolled the 1st patient in the Swift Prime study, a multi-center, randomized, controlled trial of its Solitaire FR revascularization device for restoring blood flow to the brain.

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