International Business News - Scientific http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Shares of medical device maker Boston Scientific Corp. hit a new 52-week low Friday as markets continued to tumble, extending a week of huge losses in equities. http://www.ibtimes.com/articles/20081010/boston-scientific-shares-fall-to-52-week-low.htm Fri, 10 Oct 2008 20:09:35 EDT Boston Scientific Corp. said Friday the Food and Drug Administration approved its long-delayed follow-up to the drug-coated stent Taxus. The company said it will launch Taxus Liberte in the U.S. early next month. The stent has been available in Europe since 2005, but was delayed in the U.S. by a sweeping warning letter issued by the FDA in 2006 over corporate quality issues. Such warning letters restrict the approval of new products. http://www.ibtimes.com/articles/20081010/fda-approves-long-delayed-boston-scientific-stent.htm Fri, 10 Oct 2008 14:09:34 EDT Shares of Boston Scientific dropped to a 52-week low Thursday a day after the involuntary sell-off of 13 million shares by the medical device firm's co-founders. http://www.ibtimes.com/articles/20081009/boston-scientific-shares-fall-to-52-week-low.htm Thu, 09 Oct 2008 12:53:51 EDT Boston Scientific Corp. said Thursday a major sell-off of its stock was due to involuntary selling by its co-founders, and did not reflect on the company's performance. http://www.ibtimes.com/articles/20081009/boston-scientific-sell-off-was-involuntary.htm Thu, 09 Oct 2008 13:52:10 EDT Boston Scientific said Wednesday it will report up to $514 million in charges for the third quarter, due to a negative ruling in a patent dispute and other impairment charges. http://www.ibtimes.com/articles/20081008/boston-scientific-outlines-3q-charges-gains.htm Wed, 08 Oct 2008 16:36:04 EDT Gerber Scientific Inc. said Wednesday it stands by its offer to buy industrial laser maker Virtek Vision International Inc., and will not increase its bid. http://www.ibtimes.com/articles/20081008/gerber-scientific-wont-raise-bid-for-virtek.htm Wed, 08 Oct 2008 15:12:58 EDT Boston Scientific Corp. said Thursday the Food and Drug Administration approved the medical device maker's new Taxus drug-coated stent. The approval comes as Boston Scientific and its stent competitors try to recover from a yearlong downturn in sales for the devices which are used to prop open clogged arteries. The drug-coatings are used to prevent the growth of scar tissue. http://www.ibtimes.com/articles/20080925/boston-scientific-gets-fda-approval-for-new-stent.htm Thu, 25 Sep 2008 08:31:30 EDT Medical device maker Boston Scientific Corp. said an appeals court denied its request for a new trial of a patent case brought by Johnson & Johnson. Late Monday, Boston Scientific said the U.S. District Court in Delaware granted Johnson & Johnson's motion for entry of final judgment and refused to allow a new trial. In 2000, Boston Scientific said a jury found the company had violated a patent with its NIR stent, and awarded Johnson & Johnson, maker of the Palmaz balloon stent, $324 million. http://www.ibtimes.com/articles/20080916/boston-scientific-wont-get-new-stent-patent-trial.htm Tue, 16 Sep 2008 14:40:26 EDT Medical device maker Boston Scientific Corp. spent $400,000 lobbying the federal government in the second quarter, according to a disclosure form. Boston Scientific lobbied for greater access to foreign markets, including Japan, Korea, China, Brazil, and countries in the European Union. http://www.ibtimes.com/articles/20080912/boston-scientific-spent-400k-lobbying-govt-in-2q.htm Fri, 12 Sep 2008 16:22:36 EDT Manufacturing systems maker Gerber Scientific Inc. on Friday agreed to buy industrial laser maker Virtek Vision International Inc. for $33.1 million. Virtek sells lasers used in marking, engraving, inspections and template making, and Gerber said the deal will give it approximately $50 million in additional annual revenue. Its bid was worth 35.1 million Canadian dollars, or 1.05 Canadian dollars per share. http://www.ibtimes.com/articles/20080905/gerber-scientific-to-buy-laser-maker-virtek-vision.htm Fri, 05 Sep 2008 08:43:07 EDT Scientific Learning Corp. said Chief Financial Officer Jane A. Freeman has decided to resign in order to pursue other career opportunities. Controller Jon Corbett will serve as interim CFO until a permanent replacement is named, the educational software maker said late Thursday. http://www.ibtimes.com/articles/20080905/scientific-learning-cfo-jane-freeman-to-resign.htm Fri, 05 Sep 2008 08:00:01 EDT Boston Scientific Corp. on Tuesday reported results from an aftermarket study of its drug-coated stent Taxus Liberte as the company attempts to gain approval to sell the device in the U.S. http://www.ibtimes.com/articles/20080902/boston-scientific-reports-drug-coated-stent-data.htm Tue, 02 Sep 2008 11:58:48 EDT Boston Scientific Corp. said Friday a U.S. District Court has reduced a patent dispute award owed to rival Medtronic Inc. from $250 million to $19 million. http://www.ibtimes.com/articles/20080829/court-cuts-boston-scientific-patent-penalty.htm Fri, 29 Aug 2008 14:48:18 EDT Kewaunee Scientific Corp. on Wednesday said its board declared a regular quarterly cash dividend of 8 cents per share. The laboratory furniture maker said the dividend will be payable on Sept. 22 to stockholders of record as of Sept. 8. http://www.ibtimes.com/articles/20080828/kewaunee-scientific-declares-quarterly-dividend.htm Thu, 28 Aug 2008 13:45:38 EDT Gerber Scientific Inc., which makes equipment to create signs and specialty graphics, said Thursday its fiscal 2009 first-quarter profit plunged 76 percent on continued weakness in several of the company's markets. http://www.ibtimes.com/articles/20080828/gerber-scientific-1q-profit-falls-on-weak-sales.htm Thu, 28 Aug 2008 10:17:20 EDT Shares of tobacco company Star Scientific Inc. soared Monday afternoon after it said an appeals court ruled in its favor in a patent lawsuit against RJ Reynolds Tobacco Co., the nation's second-biggest tobacco company. http://www.ibtimes.com/articles/20080825/star-scientific-shares-soar-on-legal-ruling.htm Mon, 25 Aug 2008 13:21:08 EDT Medical device maker Boston Scientific Corp. has recalled some of its artery-opening stents due to a defect that can cause part of the devices to break off during surgery. http://www.ibtimes.com/articles/20080814/boston-scientific-recalls-artery-opening-stents.htm Thu, 14 Aug 2008 18:19:20 EDT Among the stock activity stories for Thursday, Aug. 14, from AP Financial News: WASHINGTON (AP)--Shares of medical device maker Boston Scientific Corp. fell Thursday as researchers raised new questions about the effectiveness of drug-coated stents, which are used to treat clogged arteries. http://www.ibtimes.com/articles/20080814/movers-roundup-boston-scientific-nasdaq-omx.htm Thu, 14 Aug 2008 14:37:34 EDT Shares of medical device maker Boston Scientific Corp. fell Thursday as researchers raised new questions about the effectiveness of drug-coated stents, which are used to treat clogged arteries. http://www.ibtimes.com/articles/20080814/boston-scientific-falls-on-new-stent-questions.htm Thu, 14 Aug 2008 19:55:05 EDT Gerber Scientific Inc., which makes equipment to create signs and specialty graphics, on Wednesday reaffirmed its guidance for fiscal 2009 profit between 72 cents and 82 cents per share. http://www.ibtimes.com/articles/20080806/gerber-scientific-reaffirms-fiscal-2009-guidance.htm Wed, 06 Aug 2008 11:50:34 EDT