medical devices

An Israel-based company plans to launch a device in January that uses motors and sensors to help paralyzed patients stand, walk and, in some cases, climb stairs, the Associated Press reported Thursday.

Allergan's Lap-Band, a device implanted in the stomach to limit the amount of food that can be ingested, is already on the market to help the very obese lose weight. But now the company hopes to win approval for less obese patients to use the band.

Medical device company St. Jude Medical (STJ) will buy AGA Medical Holdings Inc (AGAM) for $1.3 billion, or $20.80 per share. AGA Medical makes devices to treat heart problems through transcatheter treatments, St Jude Medical said today in a statement. Sponsored Links The deal "will create a...

Here's news from the business world and other money matters to watch out for Wednesday (last updated at 8:00 a.m. Eastern time): Stocks Dive On Drop In Home Sales: Weak housing numbers sent stocks tumbling Tuesday in New York, after a report by the National Association of Realtors showed...

Medtronic, the world's largest medical device maker, reported fiscal first-quarter earnings Tuesday in line with Wall Street expectations, but weaker global demand for medical implants forced the company to slash 2011 earnings expectations.

The Food and Drug Administration is proposing to revamp its regulations of medical devices, the agency said Wednesday. While seeking to improve device safety, the FDA also wants to ease the regulatory environment and foster innovation. But the proposals have the industry concerned.

President Obama can't be pleased by the loss of a Democratic Senate seat which jeopardizes passage of his cherished health-care reform. The news, however, appears to have fueled a mini stock rally in the health-care and pharma sectors wary of how any reform would affect their businesses. The uptrend is expected to continue.

When Army physician Timothy R. Kuklo was trying to get his study of Medtronic Inc.'s (MDT) Infuse bone-graft product published, he didn't say a word that he had received $800,000 from the medical-device maker over the previous three years, The Wall Street Journal reports. To make matters worse,...