Medtronic Down, Not Out
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Internal defibrillator maker's earnings growth rate is slowing down, but its future looks healthy.
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Medtronic Inc. MDT.N on Wednesday  said quarterly earnings rose 13 percent on demand for spinal  implants and devices that manage irregular heartbeats, the  company's two biggest product lines.
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The medical-device maker puts in a nice quarter despite its recent recall trouble.
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Because of problems with Medtronicâs heart defibrillators, the F.D.A. said it plans to examine whether its current tests are sufficient to catch electrical problems in the devices.
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Medical device maker Medtronic Inc.  on Monday said it will spin off its external defibrillator business to focus on higher-growth treatments for chronic ailments such as heart disease and diabetes.
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GAITHERSBURG, Maryland  - A Medtronic Inc.   artificial spinal disc, called Prestige, is a safe and   effective replacement for degenerated discs in the neck area   and should be approved, a U.S. advisory panel said on Tuesday.
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Thousands of patients with failing hearts must decide whether to heed a warning from Medtronic and replace a defibrillator in their chest that has a potentially faulty wire.
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The techno gadgetry retailer has another rough month.
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The electronics retailer has a tough quarter, as expected.
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A federal court jury on Tuesday ordered a Medtronic subsidiary to pay about $110 million in a dispute between the company and a doctor who invented some of its spinal fusion technologies.
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A key Medicare coverage decision, expected as early as Wednesday afternoon, could vastly expand the &#36;4.8 billion market for devices used to resuscitate patients whose hearts are beating out of control, doctors and device maker Medtronic Inc. said on Tuesday.
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Doctors try to balance a patient's trust with new technology.
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Boston Scientific Corp. has reserved another $101 million to defend itself against lawsuits over defibrillators made by Guidant Corp., the heart-device maker it acquired for $27 billion last year. The Natick medical-device company has set aside $485 million to pay for legal costs related to Guidant, it said in a filing this week, up from $384 million in ...
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There's a mystery at the Atlanta-based Centers for Disease Control and Prevention involving the disappearance of more than $22 million in equipment.  The missing items range from new Dell and Compaq computers to scientific equipment.
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Cambridge Heart Inc. , a small, publicly traded company based in Bedford, has suffered a setback in its bid to persuade Medicare to mandate its tests for a registry of implantable defibrillator patients.
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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.
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A Massachusetts company gets a humanitarian exemption to sell gadgets that act like an artificial heart, but don't last as long. They are only approved for patients close to death.