ANALYST: BIOTRONIK GAINS GROUND ON THE BIG THREE IN MEDICAL DEVICES

Posted by MedCity.com                       Authored by Arundhati Parmar

In medical devices, the Big Three — Fridley, Minnesota-based Medtronic (NYSE:MDT); Natick, Massachusetts-based Boston Scientific (NYSE: BSX); and Little Canada, Minnesota-based St. Jude Medical (NYSE:STJ) — better watch out for Biotronik, a German medical devices firm.

Especially in the troubled implanted cardioverter defibrillator market, Biotronik has been gaining ground. Previously, in a quarterly earnings call on Feb. 22, Medtronic reported slippage in its U.S. ICD market, as did Boston Scientific, which temporarily recalled and suspended its ICD sales and cardiac resynchronization therapy defibrillators last year. Read Full Article Here

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