Say hello to MassDevice +3, a bite-sized view of the top three med-tech stories of the day. This latest feature of MassDevice.com’s coverage highlights our three biggest and most influential stories from the day’s news to make sure you’re up to date on the headlines that continue to shape the medical device industry.
If you read nothing else today, make sure you’re still in the know with MassDevice +3.
Cook group chairman Steve Ferguson says the 2.3 percent tax on U.S. medical device sales will slash Cook Medical’s profits by 15 percent.
Olympus Corp.’s $2.2 billion acquisition of Gyrus raises eyebrows after the technology giant admits to a $687 million payment to financial advisors mediating the deal.
There’s more chatter on Wall Street about Abbott’s proposed plan to split itself into separate pharmaceutical and medical product businesses, with one investment house raising its estimate on ABT shares (which symbol the medical products business will keep) but another downgrading derivatives traded on its debt.