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...Johnson & Johnson has struck a deal to buy medical device maker Shockwave Medical for $13.1bn, as the healthcare giant puts cash to work from the spin-off of its consumer health arm to pursue acquisitions...
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...Monica Dias, the body’s head of supply and availability of medicines and medical devices, says that manufacturing issues at several European suppliers lay behind shortages rather than the Intas outage....
...A US judge found in January that a headline feature of Apple’s latest watches, a blood oxygen sensor, infringed patents owned by medical device maker Masimo....
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...It has about 400 employees who produce more than 2bn medical devices a year, which means over 5mn units per employee per year....
...Yet Merck recorded sales worth more than $6bn between 2021 and 2022, and the figure does not include sales in poorer markets where licensed companies make generic versions of the drug....
...There was once this big worry that Lego, like other toymakers, would be disrupted by digital devices, iPhones, and games consoles....
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...A version of this article was first published by Nikkei Asia on April 19 2023. ©2023 Nikkei Inc. All rights reserved....
...In addition to the focus on women’s health, Organon houses MSD’s older medicines and creates new generic versions of biologics, known as biosimilars....
...A successful listing would focus J&J on its pharmaceutical and medical-device business. The company is just one of a number of legacy US giants engaged in streamlining....
...Walmart aims to build more than 75 medical centres in the US by the end of 2024. Dollar General is testing mobile health clinics outside some of its stores....
...In 2019, Namal Nawana, an Australian who had worked in the US, quit as chief executive of Smith & Nephew because the UK medical devices company could not meet his pay demands....
...Bourla said reports that Beijing was negotiating with Pfizer to allow local manufacturers to produce generic versions of the drug for distribution were not correct....
...Mark Lyons, who stepped into the CFO role when Shane Fitzsimons went on medical leave in early January, is leaving the company with a negotiated pay-off of $7.5mn, AIG said on Monday....
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...Standout Intuitive SurgicalO: 7; L: 8; I: 8; Total: 23In collaboration with law firm Yulchon, the South Korean legal team at the international healthcare and medical devices business has created a new compliance...
...But its pharmaceutical and medical device units — which pulled in $79bn in sales last year — continues to grow at a decent clip despite the hit from the stronger dollar....
...It also ruled out licensing a generic version for the Chinese market....
...Over the years, they also took steps to tackle a poor record on promotion of women, offered parental leave and training, and enhanced medical support for staff — and more affordable generic medicines for...
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