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News Breaks
April 15, 2014
11:53 EDTBSX, VASCVascular Solutions: Injunction against Boston Scientific's Guidezilla vacated
Vascular Solutions (VASC) announced that a three judge panel of the U.S. Court of Appeals for the Federal Circuit vacated the preliminary injunction that was previously issued by the District Court for the District of Minnesota effective January 13 against Boston Scientific's (BMY) Guidezilla guide extension catheter. In its one paragraph opinion vacating the injunction, the court noted that a preliminary injunction is a "drastic and extraordinary remedy that is not to be routinely granted" and "at this stage of the case the record is too incomplete . . . to warrant the grant of a preliminary injunction." The court's ruling on the preliminary injunction does not affect the underlying patent litigation, which is currently scheduled to be ready for trial on or after March 2015 in the District Court for the District of Minnesota.
News For VASC;BSX From The Last 14 Days
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May 1, 2015
13:34 EDTBSXBoston Scientific sees new devices expanding profit margins, Bloomberg says
Boston Scientific sees cost cutting plans and manufacturing new devices more efficiently as helping the company to boost operating profits beyond the 25% goal set for 2017, says Bloomberg. Reference Link
07:58 EDTBSXBoston Scientific sees FY17-FY19 adjusted EPS to see double digit growth
Sees FY17-FY10 operational revenue to see upside from potential M&A. Sees FY17 organic revenue growth up 3%-5% and FY17 adjusted operation margin up 25%. Sees FY18-FY19 operational revenue growth up 3%-7% and FY18-FY19 adjusted operation margin 50-100 bps annually.
07:56 EDTBSXBoston Scientific sees FY16 double digit growth in adjusted EPS, consensus $1.02
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07:55 EDTBSXBoston Scientific backs FY15 adjusted EPS 88c-92c, consensus 90c
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April 30, 2015
08:49 EDTBSXBoston Scientific collaborates with MedAxiom and TogetherMD
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April 28, 2015
11:52 EDTBSXBoston Scientific to pay $119M to resolve 2,970 product liability claims
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11:25 EDTBSXBoston Scientific to host investor day
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07:05 EDTBSXBoston Scientific sees Q2 adjusted EPS 20c-22c, consensus 22c
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07:05 EDTBSXBoston Scientific backs FY15 adjusted EPS 88c-92c, consensus 91c
Cuts FY15 revenue to $7.23B-$7.38B from $7.3B-$7.5B, consensus $7.43B.
07:04 EDTBSXBoston Scientific reports Q1 Cardiovascular revenue up 10% to $712M
Reports Q1 Rhythm Management revenue up 4% to $514M; Reports Q1 MedSurg revenue up 4% to $542M.
07:02 EDTBSXBoston Scientific reports Q1 adjusted EPS 21c, consensus 21c
Reports Q1 revenue $1.77B, consensus $1.78B
05:51 EDTBSXBoston Scientific drug Eluvia trial meets primary endpoint
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April 27, 2015
16:23 EDTBSXBoston Scientific announces strategic collaboration with Brainlab AG
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15:04 EDTBSXNotable companies reporting before tomorrow's open
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April 22, 2015
07:41 EDTVASCVascular Solutions an underappreciated growth story, says Canaccord
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April 21, 2015
16:21 EDTVASCVascular Solutions sees Q2 adjusted EPS 25c-27c, consensus 23c
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16:20 EDTVASCVascular Solutions raises FY15 adjusted EPS to 93c-97c, consensus 89c
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16:19 EDTVASCVascular Solutions reports Q1 adjusted EPS 21c, consensus 18c
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April 20, 2015
16:09 EDTBSXBoston Scientific announces long-term data underscore safety, efficacy of S-ICD
The Journal of the American College of Cardiology published data confirming the long-term safety and efficacy of the Boston Scientific S-ICD System for patients at risk of sudden cardiac arrest. The study, "Safety and Efficacy of the Totally Subcutaneous Implantable Defibrillator: 2-year Results from a Pooled Analysis of the IDE Study and EFFORTLESS Registry" was led by Dr. Martin Burke, professor of medicine at the University of Chicago. The analysis combined data from two large S-ICD studies to provide the most comprehensive look at S-ICD System patient outcomes to date. The all-cause mortality rate for the S-ICD patients was 1.6% per year, comparing favorably to observed mortality rates in similar TV-ICD studies. Currently, the S-ICD System is covered nationally by Medicare, Aetna, Cigna and others, and regionally by numerous private and Medicaid plans, providing coverage for approximately 170M individuals in the U.S. The S-ICD System has been commercially available in Europe since 2009.
07:44 EDTBSXSurvey shows strong momentum for Boston Scientific devices, says RBC Capital
RBC Capital says that its survey supports strong momentum for Boston Scientific's S-ICD and Watchman, and the firm thinks the company is probably gaining share in single-chamber ICDs. The firm raised its price target on the shares to $20 from $17 and recommends buying the shares at current levels or on pullbacks.
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