Affinergy Gets 3 Deals: Medical Device Company Expects First Revenue This Year
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By Sabine Vollmer, The News & Observer, Raleigh, N.C.  Sep. 9--Peyton Anderson has big plans for Affinergy, the three-year-old medical device company he runs in south Durham.
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A needle-free device made by that allows faster and easier applications of local pain relief will go on sale next month, its manufacturer Sontra Medical Corp.
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Company to offer 3 devices with Bluetooth and GPS capabilities.
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The software maker said it got off to a fast start in the first quarter, with revenue up 27 percent from a year ago.
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First-quarter results were no surprise, but the company's contemplating the future.
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An acquisition focuses on a market with strong growth potential.
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Bristol-Myers Squibb (nyse: BMY - news - people ) will report third-quarter earnings. Analysts surveyed by Thomson First Call expect the pharmaceutical maker to earn 39 cents per share compared with 47 cents a year ago.
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A metal pad that can recharge devices placed on top of it has come to market.
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The pharmaceutical giant is selling its pain relievers and other consumer products.
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The chip maker now expects revenue of between $8.3 billion and $8.6 billion due to lower-than-expected worldwide demand for its processors as well as "customer reductions in component inventory levels."
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Johnson &amp; Johnson&#39;s$25.4bn purchase of Guidant, a medical device maker, will give the big US medical group a range of fast-growing products that manage patients&#39; heart rhythms, a move that will shake up the US medical device industry.
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A new addition to an already successful drug promises good results for investors.
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Thermo Electron Corp., the biggest maker of analytical instruments for medical labs, has bought laboratory software maker InnaPhase Corp. for about $65 million. InnaPhase, of Philadelphia, has about 100 employees and expects revenue of $26 million this year, Waltham-based Thermo Electron said. Thermo had about 10,800 employees and $2.1 billion in sales in 2003. It sold an optics unit to ...
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The med-tech firm impresses on many levels.
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The drug maker is poised to speed past its rivals.
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Platforms have the potential to develop multiple drugs for a company.
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Medtronic Inc. MDT.N on Wednesday  said its quarterly earnings rose on brisk demand for devices  that manage irregular heart beats and products used to treat  the spine.