FDA Approvals, Diversified Product Pipeline, Produce Sales Growth, and Positive Study Outcomes - Research Report on Boston Scientific, Zimmer, St. Jude, ResMed, and GenMark
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NEW YORK, June 21, 2013 /PRNewswire/ --
Today, Wall Street Reports announced new research reports highlighting Boston Scientific Corporation (NYSE: BSX), Zimmer Holdings, Inc. (NYSE: ZMH), St. Jude Medical Inc. (NYSE: STJ), ResMed Inc. (NYSE: RMD), and GenMark Diagnostics, Inc. (NASDAQ: GNMK). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Boston Scientific Corporation Research Report
On June 18, 2013, Boston Scientific Corporation's (Boston Scientific) Vercise Deep Brain Stimulation (DBS) System demonstrated significant improvement in motor function for patients with Parkinson's disease. This is according to interim data from the VANTAGE DBS study. Data from the six month follow-up of up to 40 participants enrolled in the VANTAGE trial were presented at the annual International Congress of Parkinson's Disease and Movement Disorders, held at Sydney. Preliminary analysis of the VANTAGE study displays approximately 60% mean improvement in motor function at six months post implant, as assessed by UPDRS III when compared to baseline. "The VANTAGE study is a key facet of our DBS program and emphasizes our commitment to advancing therapy through clinical research with the Vercise DBS System," said Maulik Nanavaty, President of the Boston Scientific Neuromodulation Division. "The significance of the reduction in motor scores is a testament to the capabilities of the Vercise System. We continuously strive to develop innovative technologies that improve patient outcomes." The Full Research Report on Boston Scientific Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/5649_BSX]
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Zimmer Holdings, Inc. Research Report
On June 4, 2013, Zimmer Holdings, Inc. (Zimmer) announced that it has completed the acquisition of Germany-based NORMED Medizin-Technik GmbH. The acquired entity is a provider of technologies for the foot and ankle, hand and wrist reconstruction and trauma markets. NORMED also develops a broad range of specialized plates, screws and instruments. The Company stated that the acquisition of NORMED will strengthen Zimmer's Extremities and Trauma product portfolios and new product development capabilities in the fast growing foot and ankle as well as hand and wrist segments. The Full Research Report on Zimmer Holdings, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/9cbd_ZMH]
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St. Jude Medical Inc. Research Report
On June 11, 2013, St. Jude Medical, Inc. (St. Jude) announced that the US Food and Drug Administration (FDA) has approved its next-generation Ellipse and SJM Assura portfolio of implantable cardioverter defibrillators (ICDs) and cardiac resynchronization therapy defibrillators (CRT-Ds). These new devices are designed with advanced technologies to provide preventative and adaptive capabilities to address potential failures by lowering the risk of lead abrasion, and to help overcome the inability to deliver high-voltage therapy when needed. "St. Jude Medical strives to deliver the highest levels of patient safety. The new Ellipse ICD and SJM Assura family of devices support those efforts by providing added features that ensure effective therapy delivery," said Eric S. Fain, M.D., President of the St. Jude Medical Implantable Electronic Systems Division. "We are pleased that the FDA approved these devices, allowing us to bring important safety and system reliability enhancements to patients." The Full Research Report on St. Jude Medical Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/bf35_STJ]
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ResMed Inc. Research Report
On June 5, 2013, ResMed Inc. (ResMed) reported that it has filed a lawsuit in U.S. Federal Court, Southern District of California to stop infringement of ResMed patents. The Company filed the action against the Chinese medical device manufacturer, BMC Medical Co., Ltd. and its U.S. sales subsidiary, 3B Products, LLC asserting patent infringement by its RESmart CPAP, RESmart Auto CPAP devices; and the Willows nasal pillows patient interface and the iVolve nasal mask. "ResMed has built its unique market differentiation by investing in superior technology and medical science-driven innovation for sleep-disordered breathing therapy," said David Pendarvis, ResMed Global General Counsel and Chief Administrative Officer. "We will continue to defend our proprietary technology by enforcing our patents." The Full Research Report on ResMed Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/ba41_RMD]
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GenMark Diagnostics, Inc. Research Report
On June 17, 2013, GenMark Diagnostics, Inc. (GenMark) updated its annual revenue guidance for FY 2013 (period ending December 31, 2013). The Company stated that the guidance update resulted from the additional uncertainties relating to the future revenue contribution from its largest customer, together with persisting reimbursement and other challenges affecting the emerging pharmacogenomics market sector,. The Company now anticipates annual revenue of approximately $30 million, down compared to its original estimate of approximately $35 million. Hany Massarany, GenMark's President and Chief Executive Officer, said, "As previously communicated, we remained prudently cautious regarding the future revenue contribution from the pharmacogenomics sector, including our single largest customer. In light of the recent developments which introduced additional uncertainty regarding this customer, we have taken a more conservative outlook and reduced our revenue expectations for the remainder of the year." The Full Research Report on GenMark Diagnostics, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/ab23_GNMK]
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SOURCE Wall Street Reports
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