HAMBURG, Germany – Boston Scientific Corp. exercised its $325 million option to acquire remaining shares and full ownership of Millipede Inc. upon Millipede's recent successful completion of a first-in-human clinical study of its system treatment of severe mitral regurgitation. Boston Scientific had already invested $90 million in the privately held company in January.
HAMBURG, Germany – Dublin-based pharmaceutical and medical device firm Allergan plc suspended sales in Europe of its textured breast implants and tissue expanders and is withdrawing any remaining supplies from the market following a compulsory recall request from France's National Agency for the Safety of Medicines and Health Products (ANSM).
HAMBURG, Germany – Shares of German health care group Fresenius SE & Co. KGaA plunged Dec. 7 on the Frankfurt Stock Exchange after the company issued a profit warning, saying that it expects stagnant profits in 2019 and believes its group profit targets for 2020 will not be met.