More medical news from Reuters Health News
Smiths Group medical unit hurt by EU medical devices regulation
Reuters Health News : July 18, 2018, 12:33 pm
Smiths Group Plc expects a 2 percent drop in full-year revenue at its medical unit, hurt by some products losing certifications under a new regulation and the loss of two contracts in the United States, it said on Wednesday.
Pfizer-Lilly pain drug meets late-stage trial goals
Reuters Health News : July 18, 2018, 5:51 am
An experimental osteoarthritis drug developed by Pfizer Inc and Eli Lilly and Co achieved its main goal of lowering pain in a late stage trial, the companies said on Wednesday, potentially offering a safer alternative to opioids.
Abbott Labs tops profit estimates, raises full-year earnings forecast
Reuters Health News : July 18, 2018, 5:14 am
Abbott Laboratories raised its full-year earnings forecast and reported a quarterly profit that beat analysts' estimates, powered by higher sales across its businesses, including its top-earning medical device unit.
Israel grants $33 million to GE, Medtronic, Change Healthcare to boost R&D
Reuters Health News : July 18, 2018, 4:44 am
Three multinational companies have received an Israeli government grant of 120 million shekels ($33 million) aimed at boosting the presence of large companies and establishing Israel as a hub in biotechnology and medicine.
Bulgarian farmers protest against mass livestock slaughter
Reuters Health News : July 18, 2018, 4:35 am
Hundreds of farmers from around Bulgaria rallied in the capital Sofia on Wednesday against the government-ordered mass slaughter of livestock following the first outbreak in the European Union of the highly contagious Peste des Petits Ruminants (PPR).