Boston Scientific shows strong profit growth:
This article was originally published in Clinica
Executive Summary
Boston Scientific has wiped out its first-half loss with net income of $47 million in the third quarter, up 29% on the previous year. In the first nine months net income was $24.3 million compared with $52.6 million a year earlier. Boston's third-quarter sales were 29% higher at $232.8 million and 28% up at $675.8 million in the first nine months. CEO Pete Nicholas says Boston had "excellent results in both vascular and non-vascular businesses". The three acquisitions this autumn - EP Technologies, Meadox Medicals and Heart Technology - will "further improve Boston's strategic position" in less invasive medicine, Mr Nicholas adds.
You may also be interested in...
EU’s SCCS Finds Endocrine-Disrupting Evidence Inconclusive In UV Filter Reassessments
While endocrine-disrupting evidence was inconclusive, the Scientific Committee on Consumer Safety recommends more conservative limits on use of homosalate, octocrylene and benzophenone-3 in cosmetic products compared with current requirements under the European Cosmetics Product Regulation.
US FDA Urges COVID-19 Transmission Risk Mitigation In Cell And Gene Therapy Manufacturing
The risk of inadvertently growing SARS-CoV-2 virus in cell and gene therapies and possibly infecting patients and workers should be assessed and mitigated, the agency advises.
COVID-19: US Acted To Beat Other Countries To Next 1.25M Doses Of Regeneron Cocktail
Move was meant to preempt others’ efforts to secure the next six months of Regeneron’s COVID-19 antibody therapeutic.
Need a specific report? 1000+ reports available
Buy Reports
Register for our free email digests: