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...But the group’s move from electronics to healthcare has placed it right in the middle of a secular growth trend. Ageing populations require better diagnostics and treatment....
...J&J’s medtech division has outstripped the growth of the company’s drugs and diagnostics business, generating $30.4bn in sales last year, or 35 per cent of group revenues....
...Vertex “is probably going to be one of the fastest-growing top lines outside of the weight-loss drugmakers [Eli] Lilly and Novo [Nordisk],” predicts Debjit Chattopadhyay, a healthcare analyst at Guggenheim...
...Big share price moves in Europe today include German healthcare technology provider Siemens Healthineers, British defence company BAE Systems and UK housebuilder Taylor Wimpey: Siemens Healthineers: Shares...
...The diagnostics division suffered from shrinking demand for Covid-19 tests. Revenue dropped 2.5 per cent on a comparable basis to €5.3bn....
...They put a lot of strain on healthcare systems,” she told the Financial Times....
...And it is not only electronic giants like Samsung and Siemens — smaller exhibitors are also joining the AI craze....
...Share price moves in Europe include Swedish property company SBB, Germany’s Siemens Healthineers and UK pub chain Wetherspoon: Siemens Healthineers: Shares in German healthcare technology company Siemens...
...The US company’s data processing technology will be spread across 30 hospital trusts — bodies that organise healthcare in regions across the country — in March in a bid to help cut NHS waiting lists that...
...Diagnostic tests — brain scans and/or lumbar punctures — are required to determine eligibility for treatment. And the drug is not a simple chemical but an antibody, expensive to develop and produce....
...In lieu of healthcare, many addicts turn to Gamblers Anonymous....
...Nath, who was previously president of diagnostics at Siemens Healthineers, will take the reins at Smith & Nephew from April 1....
...More portable or open data, especially for homogeneous services, allows for the development of platforms, a trend seen in the finance sector and now emerging among healthcare diagnostics and energy providers...
...But Zhang Jialin, a healthcare analyst with Nomura, said fluctuating demand had made Chinese test kit makers cautious about over-investing in new capacity....
...Others provided incorrect information on the causes of ADHD or how to test for it (one presented an audio quiz as a diagnostic tool)....
...Industrial business Siemens is likely to be joined by two of its recent spin-offs, Siemens Healthineers and Siemens Energy, while Infineon, a former Siemens company, will also remain....
...Unlike a neurologist, these doctors “often don’t have experience of the diagnostics and monitoring required to administer disease modifying treatments”....
...Siemens Sector: industrials / HQ: munich, Germany Under new management after longstanding boss Joe Kaeser dismantled Germany’s largest conglomerate, a more agile Siemens has benefited from government and...
...Antigen tests pushed up profitability by about 5 percentage points in Siemens Healthineers’ diagnostic division in the latest quarter, as well as helping to boost sales by nearly 25 per cent....
...Siemens spun off Healthineers in 2018 but retains an 85 per cent stake and intends to remain a long-term majority shareholder. The company specialises in medical imaging and laboratory diagnostics....
...As healthcare treatments become more complicated, Siemens Healthineers hopes to profit by keeping things simple for customers....
...If anything, that is optimistic, according to Stephen Tang, chief executive of OraSure Technologies, a rival diagnostics company....
...His administration has invoked the law several times in recent months in response to the pandemic, to manufacture equipment such as ventilators and diagnostic testing equipment....
...He led the turnround of medical diagnostics maker Alere before overseeing its sale to Abbott in 2017 for $7.8bn including debt....
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