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Medtronic raises annual profit forecast on strong demand for heart devices
Medtronic also said it has decided to exit its unprofitable ventilator product line within its patient monitoring and respiratory interventions business.
Toronto: Medical device maker Medtronic on Tuesday raised annual profit forecast for the third time this fiscal, banking on higher demand for its heart and diabetes devices, sending the company's shares up nearly 4 per cent in premarket trading.Demand for medical devices has picked up pace as non-urgent procedures, which were deferred during the pandemic, recovered in the past year with...
Toronto: Medical device maker Medtronic on Tuesday raised annual profit forecast for the third time this fiscal, banking on higher demand for its heart and diabetes devices, sending the company's shares up nearly 4 per cent in premarket trading.
Ruchika Sharma joined Medical Dialogue as an Desk Editor for the Business Section in 2019. She covers all the updates in the Pharmaceutical field, Policy, Insurance, Business Healthcare, Medical News, Health News, Pharma News, Healthcare and Investment. She has completed her B.Com from Delhi University and then pursued postgraduation in M.Com. She can be contacted at editorial@medicaldialogues.in Contact no. 011-43720751
Dr Kamal Kant Kohli-MBBS, DTCD- a chest specialist with more than 30 years of practice and a flair for writing clinical articles, Dr Kamal Kant Kohli joined Medical Dialogues as a Chief Editor of Medical News. Besides writing articles, as an editor, he proofreads and verifies all the medical content published on Medical Dialogues including those coming from journals, studies,medical conferences,guidelines etc. Email: editorial@medicaldialogues.in. Contact no. 011-43720751