The Polish Ministry of Health has increased the reimbursement amount for hydrophilic catheters, which Coloplast supplies. The Danish medtech company calls the new scheme a "breakthrough."
Ambu competitor Boston Scientific has acquired Baylis Medical Company.
The negative developments in Q3 have caused Össur to downgrade its full year guidance to the lower boundary of its previous guidance interval.
A tender has been initiated by the Danish regions to acquire ultrasound scanners for six different medical disciplines. The tender could reach a value of nearly DKK 1bn (USD 156.5m).
Now is the time to invest in healthcare, says Sofinnova Partners, as it announces a new fund to back life science startups.
Niels Peter Louis-Hansen can celebrate record profits for his personal holding company this year, as investments in companies including Ambu have panned out better than expected.
All of Ambu's over 500 vehicles will be fully or partially run on electricity by 2030, says the company. Nevertheless, only two hybrid or electric cars are counted in the medtech company's Danish car fleet, and its ESG director predicts future challenges in the global transition.
35 million rapid tests for Covid-19 were taken from December last year to September of this year, bringing in DKK 5.4bn (USD 840m) for the four companies behind the testing capacity. According to one provider, the firms have also run a "very big risk."
Today, Ambu's Danish employees can only choose green company cars. The medtech firm seeks to transform its car fleet to be fully electric by 2030, the Director of ESG reports.
Since spring, Ambu's stock price has more than halved. Neither this nor Tuesday's downgrade has shaken the faith of the board in the medtech company.
Sydbank analyst calls the adjustment "discouraging news" for the medtech company, but highlights that the visualization business isn't affected.
ABG Sundal Collier has lowered its recommendation for Coloplast from "hold" to "sell" as it anticipates that the medtech company's costs will increase considerably in the future.
Shipment delays of Ambu's Core products won't distract CEO Juan José Gonzalez from focusing on creating sales growth within endoscopy.
After trading closed on Tuesday, Ambu lowered its expectations for its financial year of 2020/21 due to delayed component deliveries in its Core business.
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The National Genome Center in Denmark has entered an agreement with Iqvia to supply a new laboratory system, the latter reports in a statement.
Simon Hesse Hoffmann sits on the powerful family committee overseeing the family's interests in the ownership over the billion-dollar company, Ambu. One of his most important tasks is ensuring the stability and unity of the owner families.
The medtech company BK Medical will largely stay unchanged, in spite of Thursday's billion-dollar acquisition by GE Healthcare. Potential big opportunities outweigh any feelings of fear of being engulfed, says VP of Global R/D and General Manager at BK Medical Bo Hansen.
General Electric has bought BK Medical, which produces ultrasound equipment, from Atlas Capital Partners.
Wednesday's CE mark authorization for Ambu's latest bronchoscope and attached sampling system will have a positive effect on the company's total endoscopy sales, and the green light itself shows that they are the most innovative player, the firm says.
The Danish medtech company can now market its newest bronchoscope in Europe.
Despite previous statements against a vaccine mandate for its US workforce, the medtech company is now enforcing that very same requirement, writes business daily Børsen.
On Sep. 8, Olympus was hit by a possible data breach, which the medtech company managed to avert without any operational disruptions.
The Covid-19 pandemic has shown that the budgeting process can quickly become redundant. A lesson Coloplast had already learned from the financial crisis.
Danish medtech company Coloplast is spending more than USD 80m on building factories in Costa Rica to support its expected growth in the US market. The first of two new plants opens today.
The pandemic has created a market frenzy for single-use bronchoscopes. Pentax Medical denies that Ambu has a head start over its closest international rivals.
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