As the U.S. dollar strengthens amid global economic uncertainty, travelers aren’t the only ones affected. Major medtech companies including St. Jude Medical and Stryker are feeling the pinch, too. St. Jude Medical on Wednesday reported that the impact of foreign currency held down sales growth in the fourth quarter ended January 3. The Little Canada, MN–based says sales for the quarter were up 1% year-over-year, to $1.44 billion, but it would have been a 5% growth if currency didn’t have an effect.
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