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Fly News Breaks for January 3, 2017
NVRO, IRTC, EW, BSX
Jan 3, 2017 | 14:25 EDT
JPMorgan laid out its top picks for 2017 in the Medical Technology space despite predicting a "challenging" year for the sector. A rising interest rate and rising dollar environment, combined with lower top-line growth on tough first half comparisons, are likely to make 2017 outperformance harder to come by, the firm earlier today in a research note. JPMorgan believes the headwinds could change into the second half of 2017, however. Among large-caps, the firm likes Boston Scientific (BSX) and Edwards Lifesciences (EW). Among small-caps, the firm's top picks are iRhythm Technologies (IRTC) and Nevro (NVRO).
News For BSX;EW;IRTC;NVRO From the Last 2 Days
EW
Mar 26, 2024 | 09:30 EDT
OTR Global upgraded its view of Edwards Lifesciences to Positive from Mixed.
BSX
Mar 26, 2024 | 05:33 EDT
Scivita Medical and Boston Scientific joined hands again to sign an expanded strategic cooperation arrangement. The introduction of iterative endoscopic technology has brought about a positive transformation in the field of endoscopy, making it an interventional tool that combines diagnosis and treatment. Under the arrangement, Scivita Medical will expand its relationship with Boston Scientific for strategic co-development and global distribution activities. Such activities may include collaboration on the co-development of future endoscopic devices, and global distribution opportunities for Scivita Medical's single-use endoscope and imaging devices. It is expected that this expanded arrangement will help bring Scivita Medical products to more hospitals and patients throughout China and other global geographies.