House, nursing home fires spur Nidek oxygen concentrator recall
Alabama-based oxygen devices maker Nidek Medical pulled its Mark5 Nuvo oxygen concentrators off of shelves after receiving reports of fires in homes and nursing homes, according to an FDA release.
The new slate of directors for Olympus Corp. (TYO:7733) is already drawing fire from foreign investors in the endoscopy giant, after its entire board resigned en masse over a $1.7 billion accounting scandal that’s slashed its valuation by about 50% since October.
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