Medtronic, Inc.
Background
Medtronic, Inc. (NYSE: MDT), based in Minneapolis, Minnesota, is the world's largest medical technology company. Listed among Fortune 500 companies, Medtronic is a publicly traded company and is listed on the New York Stock Exchange under the symbol MDT. The company was founded in 1949 by Earl Bakken and Palmer Hermundslie and is credited with manufacturing the first wearable artificial pacemakers. However, they started off with much more modest intentions, acting as a repair company, servicing medical equipment in local hospitals. Medtronic's main competitors for cardiac devices are Guidant (now a division of Boston Scientific) and St. Jude Medical.
Read full background at Wikipedia Latest news - About Medtronic, Inc.
People with Parkinson's disease often feel like prisoners in their own bodies -- powerless to control the twitching, jerking and shaking that are common to the disease.
Many of these telltale symptoms are actually caused by drugs used to treat the
17 hours ago from
Minneapolis Star Tribune
Implanting electrodes to shoot electrical impulses into the brains of Parkinson's patients improved their physical function more than the best drug therapy, a study showed.
Patients who received the deep brain stimulation had an average of 4.6 more
17 hours ago from
New York Newsday
...such as infection, because of the complicated surgery, according to the study published Tuesday in the Journal of the American Medical Association. "It definitely is brain surgery and that should give anyone pause," says David Charles, M.D., of Vanderbilt...
19 hours ago from
CNN
...but it did carry some risks, including one death, according to a study in the Jan. 7 issue of the Journal of the American Medical Association. "This basically corroborates what has largely emerged over the last decade from literature and clinical experience...
21 hours ago from
HealthCentral.com
...lawsuits in the wake of a closely watch Supreme Court case last year. The Supremes held, in an unrelated case called Riegel v. Medtronic, that federal law bars lawsuits “challenging the safety or effectiveness of a medical device,” as long as the device is...
22 hours ago from
Wall Street Journal
...to many with the incurable ailment, researchers said on Tuesday. Six months of deep brain stimulation with a device made by Minneapolis-based Medtronic Inc led to better quality of life and 4-1/2 additional hours per day of good motor functioning for Parkinson's...
23 hours ago from
Reuters
...disease patients regardless of age, but comes with serious risks, according to a study in this week's Journal of the American Medical Association. The research was done at 13 Veterans Affairs and university hospitals and included 255 people with Parkinson's...
1 days ago from
Columbus Dispatch
Last Week - About Medtronic, Inc.
WASHINGTON (AP) - Health care stocks are typically seen as a hedge against financial downturns, but medical device shares declined steeply in 2008 as broader economic worries exacerbated declines linked to product safety concerns.
With the current
7 days ago from
Canadian Business Online
...Devices; Immunology and Microbiology Devices; Classification of Enterovirus Nucleic Acid Assay AGENCY: Food and Drug Administration, HHS. ACTION: Final rule. ----------------------------------------------------------------------- SUMMARY: The Food and Drug...
5 days ago from
U.S. Food and Drug Administration
...cap medical device maker Medtronic (MDT) has been playing pingpong in a bad news, good news fashion since August. First there was news in August that a $250 million patent award to Medtronic was cut to $19 million. Then in September, news came that Medtronic...
5 days ago from
Investor's Business Daily
...the manufacturers of medical devices that have received prior FDA approval. The verdict stemmed from a case — Riegel vs. Medtronic — involving a patient who suffered disability after a Medtronic-manufactured catheter ruptured within his artery during heart...
5 days ago from
Inside Bay Area
...critical information relationships. TheBrain's customers include: Encyclopædia Britannica, Navy Special Warfare, Tyco, Accenture, Park Nicollet, Medtronic, US Department of Defense, California Casualty Insurance, a leading media research company, retail chain,...
3 days ago from
Emediawire.com
... Medtronic, Inc. (NYSE: MDT) today announced the first enrollment in the company's FDA-approved clinical trial of its self-expanding Complete SE stent for the treatment of peripheral arterial disease in the superficial femoral artery. According to the Peri...
2 days ago from
Street Insider
... MDT) from Outperform to Market Perform. The downgrade follows news earlier today that Medtronic has filed its first enrollment in the FDA-approved trial of its self-expanding stent. Shares of Medtronic finished today's trading session flat; the stock clo...
2 days ago from
Street Insider
...B&D or Kimberly Clark) less than it will affect manufacturers of more expensive products (such as Zimmer, St. Jude, J&J, Boston Scientific and Medtronic). However, because medical spending is non-discrcretionary (or less discretionary) it will affect medical...
2 days ago from
Gerson Lehrman Group
...utilities and finds the stock attractively valued. Shares were initiated with a Neutral rating. Oppenheimer assumed Jones Lang LaSalle (NYSE: JLL) with a Perform rating and expects the company's growth to slow in 2009 given global credit concerns and the...
1 days ago from
Blogging Stocks
...reserved! To learn more, click below. No, the company isn't getting into the lab supply business to compete against Thermo Fisher Scientific (NYSE: TMO); this lab coat -- or rather, Ireland-based Labcoat -- is a current partner of Boston Scientific. That's...
1 days ago from
Motley Fool
Last Month - About Medtronic, Inc.
...was the Advanced Cardiovascular Systems project in Temecula. Some of Kevin"s recent clients include the Jay Paul Company in Rancho Bernardo, the Zoological Society of San Diego and the Grossmont-Cuyamaca Community College District. Mr. Fettig holds a Bachelor...
30 days ago from
PR-Inside.com
...value per share (assets minus liabilities). It yields 5%. Jordan also finds offshore deep-water drillers, such as Diamond Offshore Drilling (DO), too cheap to pass up. Diamond has no debt and has rig contracts signed for the next two years, says Jordan. He...
30 days ago from
Kiplinger
...the way for a U.S. regulatory filing, the company said Monday. The deep brain-stimulation technology could make Fridley-based Medtronic a competitor to Cyberonics Inc., which thus far has a monopoly in the market for treating severe epilepsy cases with stimulation...
30 days ago from
Minneapolis Star Tribune
... Saba Press Relations: Alissa Vasilevskis, +1-650-581-2615 avasilevskis@saba.com www.saba.com/english/index.asp - Saba Software, Inc. (NASDAQ:SABA), the premier people management software and services provider, today announced that it has appointed Bill...
29 days ago from
PR-Inside.com
...what might seem like a great deal now could have some harmful and lasting effects on your credit score down the road. http://www.smartmoney.com/Spending/Deals/5-Card-Deals-That-Can-Destroy-Your-Credit/ Save These Dates: Your 2009 Money Calendar All of the...
29 days ago from
Blogging Stocks
...Medtronic (MDT), Morris Innovative Research, Possis Medical (POSS), Radi Medical Systems, Scion Cardiovascular, Therus, St. Jude Medical (STJ), Sutura (SUTU.OB), TZ Medical, and Vascular Solutions (VASC). About Life Science Intelligence (LSI)® LSI delivers...
29 days ago from
PR-Inside.com
...Monday by U.S. District Judge John Phipps McCalla follows a Memphis jury's verdict against Medtronic. Jurors say they believed Medtronic had willfully infringed a patent on artificial discs that's held by Spine Solutions Inc., a company that Synthes, a multinational...
29 days ago from
KARE | Minneapolis & St. Paul
...measures pH levels and transmits the data to an external receiver. During the first 12 months after the transaction closes, Medtronic will continue to supply the Bravo products to Given Imaging. During this 12-month period, Given intends to move the Bravo...
29 days ago from
Globes Online
...Company Performance Analysis - Appendix Companies Mentioned: - Synthes GmbH - Medtronic, Inc - Biomet, Inc - Smith & Nephew PLC - Zimmer Holdings, Inc For more information visit www.researchandmarkets.com/research/b122fd/the_future_of_the ...
29 days ago from
PR-Inside.com
...and Jeffrey M. Drazen, Why Doctors Should Worry About Preemption, NEJM 359;1:1-3 (2008); Brief for Donald Kennedy and David Kessler as Amici Curiae in Support of Respondent, Wyeth v. Levine, No. 06-1249. 10 To obtain approval for a new drug, a manufacturer...
28 days ago from
GoozNews