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...The sale could draw interest from a strategic buyer or another private equity group, which have been drawn to the sector by steady profits and cash flow....
...“Like consumer and business audiences, authentic credibility has overtaken hard sales when it comes to increasing trust and business growth,” he added....
...a medical equipment company that won more than £200mn of UK state contracts during the pandemic....
...It said this was partly because of falling sales in China after the government launched an investigation of hospital purchasing practices for medical devices....
...The medical tourism component was “creative”, he added, emphasising that the key was to make “a live rhino worth more than a dead rhino”....
...Sales in other countries are not affected by the ITC ruling....
...in the medical technology sector....
...US-based Hims and Hers, having lifted sales by two-thirds last year to $872mn, expects to turn its first annual profit this year....
...led risers in the Stoxx Europe 600 index, up 8.6 per cent after strong first-quarter sales and following release of its latest strategic plan....
...Soaring sales of the products have pushed the companies’ valuations to record highs....
...L’Oréal: Shares dipped 5 per cent after the French cosmetics company reported €41.18bn in sales last year, up 7.6 per cent from the previous year but below consensus estimates and the double-digit growth...
...GSK will disclose sales figures when it reports full-year results on Wednesday....
...College in New York, signalling a potential share sale in the near future....
...sales....
...Johnson Matthey: Shares in the London-listed chemicals producer were up 8 per cent after the company said it was selling its medical device components business to Montagu Private Equity for $700mn....
...Lindsay would not be drawn on what the new One Medical benefit would mean for sign-ups to or the economics of Prime — which is central to Amazon’s retail business, driving sales while also acting as a marketing...
...Nonetheless, analysts have forecast bumper sales for the two drugs given the 7mn Americans and more than 50mn people worldwide suffering from Alzheimer’s....
...Ericsson also named Lars Sandström as its new chief financial officer, who joins from Swedish medical technology company Getinge....
...Tesla’s plan to bring forward the launch of more affordable models lifted the electric car company’s shares despite reporting a decline in quarterly sales....
...Aviva, one of the largest providers of health insurance in the UK, reported that its “protection and health” premium sales were up 23 per cent in the third quarter of last year compared with the same period...
...Nestlé revealed in its annual report for 2023 that 38 per cent of net sales, excluding products such as pet food, baby food, vitamins and medical nutrition, were rated higher than 3.5 under the HSR system...
...The deal comes after Philips said last year it was anticipating more than $600mn of legal costs in the US arising from the millions of potentially faulty medical devices, and had set aside €575mn to resolve...
...The ruling deals a blow to Apple, which is facing a slowdown in hardware sales this year....
...Meanwhile, medical devices company Smith & Nephew wants to increase pay for its US executives to bring it closer to American levels....
...That prompted Shionogi in late October to upgrade its annual guidance for domestic sales of Xocova, while it lowered its target for international sales....
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