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Latest From Cordis Corp.

News We’re Watching: Quest And CDC Partner On Hep C, Califf on Clinical Trials, Latest Recalls And Approvals

This week, Quest Diagnostics contracted with the CDC to research the public health impact of hepatitis C; FDA Commissioner Robert Califf published a blog post on clinical trial transparency; Dexcom and Abbott approached a deal in their CGM patent case; and SoClean, Cordis and Eitan all announced recalls.

Regulation Recalls

Minute Insight: Cordis-MedAlliance Deal Formalized, Less Than One Year After Announcement

The $1.1bn acquisition of drug-eluting balloon developer MedAlliance will help Cordis return to its roots as an innovative leader in interventional cardiology.

Minute Insights Cardiovascular

Finance Watch: FibroGen, Amarin And Others Downsize To Survive

Restructuring Edition: FibroGen follows its clinical setback with a 32% reduction in force, cutting 104 jobs. Also, Amarin named a new CEO, but cut all US sales and 30% of non-sales US roles, and 9 Meters is headed for dissolution after Chapter 7 bankruptcy, while several others seek strategic alternatives.

Restructuring Business Strategies

Global Top 10 Medtechs Swap Places After Latest Quarterlies

Abbott Laboratories moved above Medtronic in MAT medtech revenues, while Philips Healthcare and Stryker finished 2022 with strong quarters, and Roche dropped a few places.

Sales & Earnings Commercial
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