MASSDEVICE ON CALL — St. Jude (NYSE:STJ) and Stryker (NYSE:SYK) tied for the top spot on this year’s CNN Money Most Admired Companies list, generated by a survey circulated among businesspeople who ranked companies based on parameters such as financial soundness and social responsibility.
Baxter International (NYSE: BAX) followed close behind in 3rd and Becton Dickinson (NYSE:BDX) and Medtronic (NYSE:MDT) rounded out the top 5.
Last year’s winner, 3M Co. (NYSE:MMM), didn’t make the top 10 list this year.
The top 10 is generated from a list of the 1,000 largest U.S. companies by revenue and 400 non-U.S. companies with a revenue of $10 billion or more, according to CNN Money. That list was whittled down to the 15 largest companies internationally and the 10 largest domestically.
The news group then asked more than 3,800 executives, directors and securities analysts to rank their top 10 companies in any industry. Parameters included global competitiveness, use of assets, management quality, long-term investment and product quality.
Honorable mentions for 2012 included C.R. Bard (NYSE:BCR) in 6th, followed by Biomet, Zimmer Holdings (NYSE:ZMH), CareFusion (NYSE:CFN) and Boston Scientific (NYSE:BSX).
1st study suggests heart health improvements from renal denervation
Renal denervation improved cardiac function in patients who had undergone the procedure as a treatment for resistant hypertension during clinical trials, Heartwire reported.
Poor patients less likely to sue doctors
Turning a common misconception on its head, researchers find that poor patients are less likely to sue their doctors, according to a press release.
Medtronic seeks long-distance runners with med-tech ties
Medtronic began recruiters runners from around the world who benefit from medical technology to participate in the company’s annual Medtronic Twin Cities Marathon and Medtronic TC 10 Mile, according to a press release.
Researchers turn stem cells into potentially viable eggs
Stem cells taken from women’s ovaries were transformed into viable-looking eggs, a treatment breakthrough that may present new options for treating infertility, the Wall Street Journal reported.
