Industry Reports
Industry Reports
Cardinal Health shares climb on earnings jump
Shares of Cardinal Health ended trading higher by more than 6% after the drug distributor reported third-quarter earnings that exceeded analyst views, thanks to repricing of large retail accounts and the renewal of anti-diversion efforts. Shares of Cardinal...
Industry Reports
Hill-Rom reports growth of 12% for the last quater
Hill-Rom Holdings, Inc. reporting for the first time since the spin-off of the funeral services business, announced unaudited financial results for its fiscal second quater ended March 31, 2008. Results included revenue of $375.2 million, a $40.2% million or...
Industry Reports
Coventry Health’s profit rises 3%
Coventry Health Care Inc. net income ticked nearly 3% higher in the first quarter, enabling the health insurer's shares to make gains. The Bethesda, Md.-based company reported a profit of $125 million, or 81 cents a share, up from...
Industry Reports
Wright Medical shares jumped by 27%
Shares of Wright Medical Group Inc jumped by as much as 27 percent on Friday, 25th April' 08 after the orthopedic device company posted better-than-expected quarterly results, prompting at least one broker upgrade. Leerink Swann raised its rating on...
Industry Reports
Fisher and Paykel healthcare shares fall
Fisher and Paykel Healthcare have fallen nearly four per cent after the company cut its full-year operating profit forecast by 16 per cent, citing the strong New Zealand dollar. The breathing device specialist, which earns roughly 60 per cent...
Industry Reports
Exelixis: Genentech exercises option to develop cancer drug
Exelixis Inc has announced that Genentech Inc has exercised the option to further develop and market Exelixis' experimental cancer drug XL518, which is currently in an early stage trial. Exelixis Inc has announced that Genentech Inc has exercised...
Industry Reports
Growing Chinese healthcare market opportunities
Reports on the growing Chinese healthcare market opportunities, with focus on featured company, Benda Pharmaceutical Inc.The globalization and blending of western and traditional medicine is a growing trend, prevalent in China but also on the rise in North America....
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