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Stock Market & Financial Investment News

News Breaks
May 20, 2014
09:29 EDTCOOCooper Companies unit received FDA warning letter on Caribbean plant
In an FDA warning letter dated Feb. 27 posted to the regulator's website, Cooper Companies was informed that an inspection of its Cooper Vision Caribbean Corporation facilities were not in conformity with the Current Good Manufacturing Practice requirements. Reference Link
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October 8, 2014
16:04 EDTCOOCooper Companies' women's healthcare unit acquires EndoSee for $44M
Cooper Companies' women's healthcare unit CooperSurgical has acquired EndoSee Corporation, a developer of an office-based disposable hysteroscopy system. The transaction is valued at approximately $44M and is expected to be neutral to FY15 EPS excluding one-time charges and deal-related amortization. The product has been cleared by the FDA and the company plans to launch it in the U.S. in the middle of FY15.

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