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The intersection between cyberspace and the physical world – the so-called "Internet of things" – presents a host of dangers for device makers.
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Cook Medical says it's delaying plans for 5 new facilities in the Midwest over concerns about the medical device tax.
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Hill-Rom closes a $400 million acquisition of Aspen Surgical Products, hoping to extend its reach in North American and European surgical markets.
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Abiomed CEO Mike Minogue tells the U.S. House of Representatives' Committee on Small Business that the impending 2.3% medical device tax will pose an extra burden on small businesses that "need every dollar to survive."
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Shares of Boston Scientific hit their lowest level in nearly 20 years as investors fled after a tough earnings report and lowered 2012 forecasts.
BSX shares hit $4.79 last week, a price not seen since the mid-90s. Shares rebounded slightly before closing at $4.97 last Thursday, down nearly 7%. You'd have to go back to February 22, 1995, for the last time the stock closed at those levels.
The sell-off was not a surprise, as earlier in the day the Natick, Mass.-based medical device company reported a $3.4 billion net loss, lowered its year-end guidance and said its bread-and-butter businesses declined at a double-digit clip during the 2nd quarter.
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MDT pain pump suit lives
BSX says Lotus TAVI delayed
