A rebounding Boston Scientific Corp. (NYSE:BSX) said it plans to eliminate up to 1,400 jobs as part of a restructuring program aimed at saving between $225 million to $275 million annually by 2013.
MassDevice keeps a close eye on public medical device companies, tracking their quarterly sales and earnings reports. For the most recent filings, check out our Earnings Roundup, where we collect each quarter’s reports.
Here’s a quick rundown of a few releases over the past couple days:
Here’s the latest personnel changes from medical device, diagnostics and life science companies around the nation. For more news on recent hirings and firings in the industry, check out MassDevice’s compilation of the latest personnel moves.
Natus Medical Inc. (NSDQ:BABY) bought out newborn baby care device maker Medix.
The San Carlos, Calif.-based children’s medical products maker paid $14 million in cash for the company, but the price could rise if certain revenue milestones are met in 2011 and 2012.