BioSpace News Archive

Business

A Happy Surprise: Hurricane Maria Dealt Less Damage to Medtronic’s Revenue Hit Than Expected

The storm cut $55-$65 million from second-quarter sales. The company previously estimated up to $250 million in costs.

November 10, 2017
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1 min read
Business

Valeant Providing Reporters With an Earnings Metric the SEC Ordered it to Stop Using

Valeant is not the only company to recently push reporters to defy the SEC’s orders.

November 10, 2017
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1 min read
Job Trends

Global Med Device Leader Arthrex Reveals Big Expansion Plans

Less than one month after announcing plans for construction of a South Carolina manufacturing facility, Arthrex announces its plans for the expansion of its global headquarters in Florida.

November 10, 2017
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2 min read
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Alex Keown
Business

MediciNova Appoints Hideki Nagao to its Board of Directors

Mr. Nagao complements the MediciNova Board with 40 years of experience in finance and corporate law with financial institutions in Japan.

November 10, 2017
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4 min read
Business

Ark Biosciences Partners with Calibr on Novel COPD Treatment

Ark will be responsible for preclinical and clinical development of the molecule.

November 10, 2017
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1 min read
Business

Bay Area’s Avinger Axes Jobs, Q3 Sales Down 61%

Beleaguered Avinger is slashing more jobs.

November 10, 2017
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2 min read
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Alex Keown
Business

2 Celgene Execs Jump Ship to Lead Immunomedics

The company appointed former Celgene president Michael Pehl as CEO and Brendan Delaney as CCO.

November 10, 2017
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2 min read
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Mark Terry