Japan Earthquake Disaster Can Hurt Sales of Big Medical Device Companies Including Boston Scientific Corporation and Medtronic, Inc.
KnowAboutHealth -- Japan has had one of the worst natural disasters, with earthquake measuring 8.9 on richer scale, followed by multiple tsunamis. The destruction, loss of lives and disarray is just horrifying. On top of that the Fukushima Daiichi Nuclear plant has experienced three blasts due to inadequate cooling. The economic impact of Japan and on global level is hard to anticipate at this stage, but there is a shake up at the Wall Street. Medical device companies are also at risk of loosing significant sales in Japan due to the crisis.