Medtronic (NYSE:MDT) said today that it tapped Henry Schein (NSDQ:HSIC) to be its exclusive distributor for some Type II diabetes products in the U.S. Fridley, Minn.-based Medtronic said the Henry Schein Medical business will distribute the products to primary care physicians here, including its iPro2 Professional continuous glucose monitor and the i-Port Advance injection port. “Medtronic is committed […]
Henry Schein Inc.
Henry Schein to pick up majority stake in Italian distributor Dental Trey
Henry Schein (NSDQ:HSIC) said yesterday that it agreed to acquire a 90% stake in Italian distributor Dental Trey for an undisclosed amount. Melville, N.Y.-based Schein said the deal, expected to close during the 4th quarter, leaves the remaining 10% share in the hands of members of Dental Trey’s founding family. The Fiumana di Predappio, Italy-based […]
Henry Schein nabs 5 dental businesses from Arseus
Healthcare giant Henry Schein (NSDQ:HSIC) agreed to pay an undisclosed amount to acquire 5 dental businesses from Belgium-based Arseus, the companies announced this week.
Henry Schein doubles down on share buyback
Melville, N.Y.-based medical device maker Henry Schein (NSDQ:HSIC) doubled down on its share repurchasing program as it crept closer to its initial $300 million cap.
Cambridge Heart chairman, ex-CEO both resign | Personnel Moves
Cambridge Heart (NSDQ:CAMH) said chairman and interim president Roderick de Greef and former president & CEO Ali Haghighi-Mood have both resigned from the medical device company.
Henry Schein to buy a 60% stake in BioHorizons
Henry Schein (NSDQ:HSIC) said it plans to pick up a 60% stake in dental implant maker BioHorizons for an undisclosed amount.
U.S. Defense Dept. awards $84M in contracts to medical device companies
By Chris Walker
The U.S. Defense Dept. issued $83.9 million worth of contracts to 4 medical device companies, according to the agency’s daily press release.
Henry Schein ditches Middle East distributor
Henry Schein (NSDQ:HSIC) said it’s shed of 1 of its unprofitable wholesale dental distributors in the Middle East, a move that will cost the company between $11 and $13 million.
InspireMD raises $23M for MGuard stent | Wall Street Beat
Henry Schein nabs 3 in dental and distribution
Henry Schein (NSDQ:HSIC) announced today that it had made 3 crucial acquisitions in line with the company’s 2012-2014 strategic plan.
The healthcare products conglomerate acquired orthodontics devices maker Ortho Technology, medical distributor Modern Laboratory Services, and dental dealer Accord. The trio of companies represent annual sales of nearly $61 million.
Accuray slides on lowered sales outlook | Earnings Roundup
Accuray (NSDQ:ARAY) shares are down nearly 10% today as investors react to wider 3rd-quarter losses and a lower sales forecast for the rest of fiscal 2012.
The Sunnyvale, Calif.-based radiosurgery device maker reported losses of $14.9 million, or 21¢ per share, on sales of $101.8 million during the 3 months ended March 31.