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Medtronic PLC (MDT.N)

MDT.N on New York Stock Exchange

79.49USD
17 Nov 2017
Change (% chg)

$0.23 (+0.29%)
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$79.26
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Volume
1,447,516
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$89.71
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Latest Key Developments (Source: Significant Developments)

Medtronic ‍reiterates Q2 EPS expectations excluding Hurricane Maria impact​
Wednesday, 8 Nov 2017 04:45pm EST 

Nov 8 (Reuters) - Medtronic Plc :Medtronic announces preliminary second quarter revenue.Medtronic PLC - ‍reiterates Q2 EPS expectations excluding Hurricane Maria impact​.Medtronic PLC - ‍preliminary Q2 revenue of approximately $7.1 billion​.Medtronic PLC - ‍company announced that impact of hurricane maria was approximately $55 to $65 million to its q2 revenue​.Medtronic - preliminary ‍Q2 revenue increased 3 percent on comparable, constant currency basis.Medtronic PLC - ‍impact of hurricane maria expected to be approximately $0.03 to its q2 non-gaap earnings per share​.Medtronic - ‍excluding impact of hurricane maria, prelim. Q2 revenue growth would have been 4 percent on comparable, constant currency basis​.Medtronic PLC - expects a one cent positive impact to Q2 adjusted EPS from foreign currency​.Q2 earnings per share view $0.94, revenue view $6.87 billion -- Thomson Reuters I/B/E/S.  Full Article

Medtronic Endurant II/IIs stent graft system receives FDA approval to treat short neck anatomies
Monday, 9 Oct 2017 08:00am EDT 

Oct 9 (Reuters) - Medtronic Plc :Medtronic Endurant II/IIs stent graft system receives FDA approval to treat short neck anatomies when used with Heli-FX EndoAnchor system.Medtronic - ‍expanded indication enables Endurant II/IIs stent graft to be used in conjunction with Heli-FX EndoAnchor system.  Full Article

J&J diabetes care company Animas to close operations and exit insulin pump market
Thursday, 5 Oct 2017 07:00am EDT 

Oct 5 (Reuters) - Johnson & Johnson : :‍Johnson & Johnson Diabetes Care Companies - Animas corp intends to discontinue manufacturing, sale of animas vibe and onetouch ping insulin pumps.‍Johnson & Johnson Diabetes Care Companies - Animas corp also intends to close operations and exit insulin pump business​.‍Johnson & Johnson Diabetes Care Companies - Animas selected Medtronic as partner to facilitate transition for patients, caregivers, healthcare providers​.‍Johnson & Johnson Diabetes Care Companies - patients using an Animas insulin pump will be offered option to transfer to a Medtronic pump​.‍Johnson & Johnson Diabetes Care Companies - Johnson & Johnson is continuing to evaluate potential strategic options for Lifescan Inc​.‍Johnson & Johnson Diabetes Care Companies - for patients, healthcare providers outside of U.S., Canada Animas to continue to sell pumps, operate as usual​.  Full Article

Medtronic receives U.S. FDA approval for its HeartWare HVAD System for destination therapy​
Wednesday, 27 Sep 2017 04:05pm EDT 

Sept 27 (Reuters) - Medtronic Plc :Medtronic HeartWare(TM) HVAD(TM) system approved for destination therapy.Medtronic Plc - ‍Has received U.S. Food and Drug Administration approval for its HeartWare HVAD System​.  Full Article

Medtronic announces FDA approval, U.S. launch of spinal cord stimulator
Monday, 18 Sep 2017 09:00am EDT 

Sept 18 (Reuters) - Medtronic Plc :Medtronic announces FDA approval and U.S. launch of next generation spinal cord stimulator for chronic pain management.  Full Article

New five-year gender subset data from the Medtronic engage registry presented in viva late breaking trials
Wednesday, 13 Sep 2017 01:49pm EDT 

Sept 13 (Reuters) - Medtronic Plc :New five-year gender subset data from the medtronic engage registry presented in viva late breaking trials.Says ‍endurant ii aaa stent graft system continues to demonstrate "long-term durability and consistent" outcomes in among both male, female patients​.  Full Article

Medtronic plc ‍announces global launch of StealthStation ENT​
Tuesday, 12 Sep 2017 08:00am EDT 

Sept 12 (Reuters) - Medtronic Plc ::Medtronic Plc - ‍announced global launch of StealthStation ENT​.  Full Article

Medtronic announces voluntary recall of diabetes infusion sets
Monday, 11 Sep 2017 06:45am EDT 

Sept 11 (Reuters) - Medtronic Plc ::Medtronic announces voluntary recall of diabetes infusion sets.Medtronic-‍determined a component, vent membrane, in recalled infusion sets may be susceptible to being blocked by fluid during process of priming/fill-tubing​.Medtronic PLC - ‍recall is related to a certain discontinued component in infusion sets and does not include insulin pumps or glucose sensors​.Medtronic - started to inform patients worldwide of voluntary recall of specific lots of infusion sets used with all models of medtronic insulin pumps​.Medtronic - infusion sets available since April 2017 include design update of vent membrane which co believes reduces risk of insulin over-delivery.Medtronic plc - ‍voluntary recall of infusion sets is not expected to impact diabetes group revenue growth in q2 or full fiscal year​.Medtronic plc - ‍ majority of cost due to recall of infusion sets is expected to be incurred in q2.Medtronic plc - cost of recall is not expected to impact earnings per share guidance in q2 or full fiscal year.  Full Article

Medtronic announces Japanese regulatory approval for IN.PACT Admiral drug-coated balloon
Friday, 8 Sep 2017 07:00am EDT 

Sept 8 (Reuters) - Medtronic Plc :Medtronic announces japanese regulatory approval for the IN.PACT Admiral drug-coated balloon.Medtronic Plc - ‍received approval from japanese ministry of health, labour and welfare for treatment of peripheral artery disease in upper leg​.Medtronic - ‍before co can begin commercialization, it must partner with Japanese MHLW to gain reimbursement to ensure broader access to the therapy​.  Full Article

Medtronic launches long term clinical study program of infuse bone graft in 2 common spine procedures PLF, TLIF
Tuesday, 5 Sep 2017 09:00am EDT 

Sept 5 (Reuters) - Medtronic Plc ::Medtronic launches long term clinical study program of infuse bone graft in two common spine procedures: PLF and TLIF.Medtronic Plc - PLF pilot dosing study, which will include approximately 125 patients, will be followed by a TLIF pilot dosing study in 2018.  Full Article

BUZZ-Medtronic Plc: 'Weathers Q2 challenges' - Cowen

** Medical device maker's shares up as much as 3.25 pct to $80.34 - biggest intraday pct gain in nearly a year