Medical Device Forecast: Cloudy With a 70 Percent Chance of Uncertainty

Start Tribune -- What’s up with the medical device industry these days? Earlier this month, St. Jude Medical Inc. sent out a curious warning about its third quarter earnings. Sales and profits will drop because “macroeconomic factors coupled with the continued pressures surrounding health care reform [that] resulted in changes in purchasing behavior among some of our hospital customers,” CEO Dan Starks said.

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