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Steris Corp.

These 5 medtech companies made it into the top 200 of Forbes’ best places to work list

February 12, 2021 By Danielle Kirsh

Johnson & Johnson, Steris, Philips, Fujifilm Holdings and Boston Scientific were recently named among Forbes’ best large employers in America, based on feedback from their employees. Forbes partnered with a market research firm to survey 50,000 Americans working for businesses with at least 1,000 employees. Survey participants were asked to rate their willingness to recommend their employer […]

Filed Under: Business/Financial News, Featured Tagged With: 3m, Boston Scientific, Forbes, Fujifilm, Hillrom, Johnson & Johnson, Medline Industries Inc., Philips, Siemens, Steris Corp., Stryker

Steris beats The Street, announces leadership change

February 3, 2021 By Nancy Crotti

Steris (NYSE:STE) beat The Street on both sales and profits in its fiscal third quarter and announced that CEO Walt Rosebrough will step down July 29, 2021. The Dublin, Ireland-based sterilization and surgical products company posted profits of $114.5 million or $1.33 per share, on sales of $808.9 million for the three months ended Dec. 31, […]

Filed Under: Business/Financial News, Sterilization / Calibration, Wall Street Beat Tagged With: Cantel Medical Corp., Key Surgical, Steris Corp.

FDA says to limit mask decontamination to 4 cycles

January 22, 2021 By Nancy Crotti

Soon after healthcare workers began warning of personal protective equipment (PPE) shortages, companies and other organizations started claiming their decontamination systems could reprocess used filtering facepiece respirators (FFRs) such as N95s up to 20 times. The FDA began issuing emergency use authorizations (EUAs) for FFR decontamination systems with a range of allowable cycles and major media […]

Filed Under: Featured, Food & Drug Administration (FDA), Hospital Care, Regulatory/Compliance, Sterilization / Calibration Tagged With: Advanced Sterilization Products, Battelle, Duke University, FDA, Michigan State University, Sterilucent Inc., Steris Corp., Stryker, Technical Safety Services

Medtechs can’t set digital strategies aside – DTW Podcast

January 19, 2021 By Tom Salemi

Digital connectivity no longer belongs in the final slides of a medtech company’s pitch deck. In the latest DeviceTalks Weekly podcast, three leaders pushing for connected medical devices explain the need to incorporate data collection and monitoring functionality in new devices. Scott Huennekens, who advanced the “digital surgery” strategy when he helped launch Verb Surgical, […]

Filed Under: Device Talks Podcasts, Digital Health, Featured, Health Information Technology, Robotics, Surgical Tagged With: Abbott Laboratories, BrightInsight, Cantel Medical Corp., Corindus Vascular Robotics, Johnson and Johnson, Steris Corp., Theranos, Verb Surgical

MedTech 100 roundup: Finally a dip as industry stays relatively strong

January 19, 2021 By Sean Whooley

After three consecutive weeks of record-breaking numbers, medtech industry stocks finally fell backward over the past seven days. MassDevice‘s MedTech 100 index finished last week at 105.8 (Jan. 15), marking a -0.95% drop from the 106.81 points (the highest ever total for the index) registered at the end of the week prior (Jan. 8). Medtech’s […]

Filed Under: Business/Financial News, Featured, Funding Roundup, MassDevice Earnings Roundup, Mergers & Acquisitions, Wall Street Beat Tagged With: becton dickinson, Boston Scientific, Cantel Medical Corp., coronavirus, COVID-19, MedTech 100 Index, Steris Corp., TransEnterix

BREAKING: Steris to acquire Cantel Medical in $4.6B deal

January 12, 2021 By Chris Newmarker

Steris (NYSE:STE) announced today that it will acquire Cantel Medical (NYSE:CMD) for $4.6 billion — a major merger in the infection prevention space. The deal is expected to close by June 30, pending customary closing conditions, regulatory approvals and an OK by Cantel shareholders. News of the merger comes a month and a half after Steris closed […]

Filed Under: Business/Financial News, Contract Manufacturing, Featured, Mergers & Acquisitions, Sterilization / Calibration Tagged With: Cantel Medical Corp., Steris Corp.

How did medtech companies score on environmental stewardship list?

December 8, 2020 By Nancy Crotti

Medical Design & Outsourcing recently rated the world’s largest medical device companies — the Big 100 — for their sales numbers and R&D spend. Now we can share how some of them scored on an environmental nonprofit’s annual list of companies ranked for their actions on climate change. Not-for-profit organization CDP (Stockholm, Sweden) runs a global disclosure system for […]

Filed Under: Business/Financial News, Featured Tagged With: 3m, Abbott, Abiomed, Align Technology, Baxter, Bayer, becton dickinson, Boston Scientific, Canon, Cardinal Health, Carl Zeiss Meditec, CDP, danaher, Edwards Lifesciences, elkemsilicones, emerson, Fujifilm, Henry Schein Medical, Hologic, Intuitive Surgical, Johnson & Johnson, Kyocera, Medtronic, Olympus, PerkinElmer Inc., Qualcomm, ResMed, Robert Bosch North America, royalphilips, stericycle, Steris Corp., Stryker, TE Connectivity, Terumo, Tessy Plastics, Thermo Fisher Scientific, Toray Industries, Varian Medical Systems, Zimmer Biomet

MedTech 100 roundup: Industry remains strong despite slight dip

November 23, 2020 By Sean Whooley

The heights of two weeks ago may not have been reached, but the medtech industry — despite a slight dip — performed well in the stock markets once again. MassDevice’s MedTech 100 Index — which includes stocks of the world’s largest medical device companies — finished last week at 97.99 (Nov. 20), marking a 1% downturn […]

Filed Under: Business/Financial News, Featured, Mergers & Acquisitions, Research & Development, Robotics, Surgical, Wall Street Beat Tagged With: becton dickinson, Boston Scientific, coronavirus, COVID-19, Johnson and Johnson, MedTech 100 Index, Medtronic, Steris Corp., tavr

Steris closes on Key Surgical buy

November 20, 2020 By Nancy Crotti

Steris (NYSE:STE) announced this week that it has closed on its $850 million purchase of Key Surgical, a manufacturer of disposable hospital and surgical products. Mentor, Ohio-based Steris now anticipates that Key Surgical will add about 35% more revenue and adjusted earnings per diluted share in the fiscal year than initially anticipated with a December 31, […]

Filed Under: Business/Financial News, Featured, Hospital Care, Mergers & Acquisitions, Sterilization / Calibration Tagged With: Key Surgical, Steris Corp.

MedTech 100 roundup: New peak for industry

October 13, 2020 By Sean Whooley

Stocks in the medtech industry continue to impress as, over the past week, they set a new benchmark amid the COVID-19 pandemic. MassDevice’s MedTech 100 Index — which includes stocks of the world’s largest medical device companies — finished last week at 95.05 (Oct. 9), marking a 5.9% gain from the 89.73 points registered at the […]

Filed Under: Business/Financial News, Featured, Mergers & Acquisitions, Research & Development, Wall Street Beat Tagged With: coronavirus, COVID-19, Edwards Lifesciences, Johnson & Johnson, MedTech 100 Index, Medtronic, Steris Corp.

Steris to acquire Key Surgical for $850M

October 9, 2020 By Nancy Crotti

Steris (NYSE:STE) announced this week that it has agreed to buy Key Surgical, a manufacturer of disposable hospital and surgical products, for $850 million. Mentor, Ohio-based Steris said it expects that the acquisition will qualify for a tax benefit related to tax-deductible goodwill, effectively reducing the purchase price to approximately $810 million. Key Surgical, a portfolio […]

Filed Under: Business/Financial News, Featured, Hospital Care, Mergers & Acquisitions, Sterilization / Calibration, Wall Street Beat Tagged With: Key Surgical, Steris Corp.

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