Category: SiemensSyndicate content

Siemens lands $1.8B Pentagon contract extension

March 28, 2014 by Brad Perriello

Siemens Medical Solutions lands an extension on its radiology systems contract with the U.S. Defense Dept. worth nearly $1.8 billion.

Siemens lands $1.8B Pentagon contract extension

Siemens Medical Systems (NYSE:SI) won a $1.79 billion extension on its contract to provide radiology systems to the U.S. Defense Dept.

The Pentagon said it pulled the trigger on its 5th option on the 1-year deal, which has another 2 option years ahead.

Siemens Healthcare CEO protests the device tax

March 17, 2014 by Arezu Sarvestani

Siemens Healthcare CEO Gregory Sorensen says the 2.3% medical device sales tax is "bad policy" that is costing jobs.

Siemens CEO protests the device tax

Siemens Healthcare (NYSE:SI) CEO Gregory Sorensen is no stranger to editorializing, especially when it comes to criticizing the 2.3% medical device sales tax implemented in Affordable Care Act.

Biomet puts itself back on public market | Medtech Wall Street news for the week of Mar. 10, 2014

March 13, 2014 by MassDevice staff

Here's a look at some of the top Wall Street stories for medical device companies this week.

Biomet announces IPO plans

March 7, 2014 by Brad Perriello

Biomet announces IPO plans

Biomet is planning to put itself back on the public market after a 7-year run under private equity ownership, the orthopedics giant said today.

Siemens, GE named among worst-performing device makers of the year | MassDevice.com On Call

March 12, 2014 by Arezu Sarvestani

QMed releases a list of the 5 worst-performing medical device companies of early 2014, including Siemens, GE and Fresenius, among others.

MassDevice.com On Call

MASSDEVICE ON CALL — Medtech giants have seen Wall Street bumps so far this year, but several of the company's in the industry's top 40 haven't been so fortunate.

Siemens soars but healthcare biz takes a hit

January 30, 2014 by Arezu Sarvestani

Siemens' healthcare division sees declines in the company's 1st quarter, even as total profits soar 20%.

Siemens soars but healthcare biz sinks

Healthcare giant Siemens (NYSE:SI) saw declines in its healthcare division during Q1, with sales and profits down on a shaky quarter.

Siemens slips VA fraud lawsuit

January 15, 2014 by Brad Perriello

A federal judge tosses a whistleblower lawsuit accusing Siemens of overcharging the U.S. Veterans Affairs Dept. for ultrasound and magnetic resonance imaging devices.

Siemens slips VA fraud lawsuit

Siemens (NYSE:SI) slipped a whistleblower lawsuit alleging that it overcharged the U.S. Veterans Affairs Dept. for ultrasound and magnetic resonance imaging devices.

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Siemens lands FDA clearance for new MRI system

January 7, 2014 by Chris Walker

Siemens wins 510(k) clearance for its Magnetom Prisma, a 3 Tesla MRI system.

Siemens lands FDA clearance for MRI system

Siemens (NYSE:SI) won 510(k) clearance for its Magnetom Prisma 3 Tesla MRI System.

The high-resolution Magnetom Prisma includes features that cut down on vibrations and produce high-quality images, down to fine anatomical details of the brain. Siemens is offering on-site upgrades to customers who already have the Magnetom Trio, another 3T MRI system.

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