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Datascope

This article was originally published in The Gray Sheet

Executive Summary

Expects flat net earnings for the second half of the fiscal year compared to the same period last year, the firm says March 15. Datascope explains that hospitals are reducing purchases of its intra-aortic balloon catheters to lower inventories in response to potential health-care policy changes. The firm also notes that its intra-aortic balloon pump distributor in Japan is forecasting reduced purchases for the balance of the fiscal year.
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