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FoxHollow Integration Problems Plague ev3 In First Quarter

This article was originally published in The Gray Sheet

Executive Summary

Endovascular device firm ev3's failure to meet first-quarter 2008 revenue targets is being blamed on unexpected challenges in assimilating the FoxHollow Technologies sales force

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People In Brief

Medtronic names new diabetes exec: Pediatric endocrinologist Francine Kaufman will join Medtronic's diabetes business in June as VP of global medical affairs. Kaufman, who will report to the president of the diabetes unit Chris O'Connell, will be a "key architect of the company's global diabetes strategy, as well as a leading voice for multi-disciplinary medical strategy across Medtronic," firm said in a Nov. 24 announcement. She is and will remain a professor at the University of Southern California Keck School of Medicine and is a former president of the American Diabetes Association. Kaufman succeeds Alan Marcus

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