Wells Fargo has reportedly downgraded Medtronic’s (NYSE:MDT) stock after the company received an FDA warning letter. Yesterday, the company confirmed that it received an FDA warning letter after an inspection of its Diabetes Business, with the regulatory body reporting inadequacy of specific medical device quality system requirements at the Northridge, California, facility. The warning letter mentioned […]
Wells Fargo
Medical device tax: Why low Obamacare enrollment numbers cut a hole in the argument against repeal
The medical device industry this week may have received the strongest argument yet for repealing the 2.3% medical device excise tax.
Johnson & Johnson hits 52-week high on boosted earnings forecast | Wall Street Beat
Shares of Johnson & Johnson (NYSE:JNJ) surged to a 52-week high today after the healthcare conglomerate boosted its 2012 earnings forecast after reporting a solid, Street-beating quarter (and despite a nearly 18% bottom-line slide).
HeartWare stock gains 4.5% as analysts predict FDA approval ahead of panel meeting
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