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Phase Forward posts strong Q2 sales, acquires Maaguzi
Phase Forward Inc. had a pretty good run during the three months ended June 30, posting healthy sales and earnings increases and making a pair of acquisitions to broaden its portfolio of offerings.
The Waltham, Mass.-based clinical trial data management provider posted second-quarter sales of $52.5 million, up 29 percent compared with sales of $40.9 million during the same period last year.
Boston Scientific’s Q2 sales and earnings
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Census Bureau to world: You’re not getting any younger
Within 10 years the world will have more people collecting pensions than children entering nursery school, according to a new study commissioned by the National Institute on Aging .
The 204-page report titled: “An Aging World: 2008,” which was produced by the U.S. Census Bureau, pegs the worldwide population over the age of 65 to be around 506 million as of the middle of 2008. That number is expected to swell to 1.3 billion by 2040.
And, for the first time in the history of the planet, there will be more people over the age of 65 than under the age of 5 within the next decade, according to the report.
The MassDevice Weekly Checkup: July 21, 2009
Our Weekly Checkup takes the temperature of the medical device industry’s three largest U.S. clusters: Massachusetts, California and Minnesota.
Our indices are weighted according to market capitalization, based on the number of shares outstanding for each company from its most recent quarterly report and each Friday’s closing share price.
The Massachusetts index for the week ended July 17 closed at 5.40, up 3.3 percent compared with the prior week but down nearly 5 percent since we began tracking these companies Jan. 1.
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The Minnesota index for the week ended July 17 closed at 7.52, up 16.3 percent since last week and up more than 24 percent since Jan. 1.
Medtronic, Covidien issue recalls
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The MassDevice Weekly Checkup: July 14, 2009
Our Weekly Checkup takes the temperature of the medical device industry’s three largest U.S. clusters: Massachusetts, California and Minnesota.
Our indices are weighted according to market capitalization, based on the number of shares outstanding for each company from its most recent quarterly report and each Friday’s closing share price.
The Massachusetts index for the week ended July 10 closed at 5.23, down 1.8 percent compared with the prior week. Since Jan. 1, when we began tracking these companies, the index has fallen nearly 8 percent.
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The Minnesota index for the week ended July 10 closed at 6.46, down 9.1 percent since last week but up 6.7 percent since Jan. 1.
Is Boston Scientific a good acquisition target?
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The MassDevice Weekly Checkup: July 7, 2009
Our Weekly Checkup takes the temperature of the medical device industry’s three largest U.S. clusters: Massachusetts, California and Minnesota.
Our indices are weighted according to market capitalization, based on the number of shares outstanding for each company from its most recent quarterly report and each Friday’s closing share price.
The Massachusetts index for the week ended July 2 closed at 5.58, up 1.6 percent compared with the prior week. Since Jan. 1, when we began tracking these companies, the index has risen 1.3 percent.
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The Minnesota index for the week ended July 2 débuts at 7.11, up 17.4 percent since Jan. 1.
Outgoing Boston Scientific CEO Jim Tobin gets a $5 million parting gift
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The MassDevice Weekly Checkup: June 30, 2009
{IMAGERIGHT:http://www.massdevice.com/sites/default/files/checkup/090630_index1.jpg}Our Weekly Checkup takes the temperature of the more than 60 public medical device companies in the MassDevice Index. The index is weighted according to market capitalization, based on the number of shares outstanding for each company from its most recent quarterly report and each Friday’s closing share price.
The index for the week ended June 26 closed at 5.49, up 1 percent compared with the prior week but down sliver since Jan. 1, when we began tracking these companies.
Generally speaking, the MassDevice index seems to track four other indices (the S&P 500, the Dow Jones Industrial Average, the Dow’s IHI medical devices index and the NASDAQ exchange):