Angiodynamics Inc., the maker of devices for minimally invasive surgery, named Joseph DeVivo president and chief executive officer, giving him the job of reviving sales of catheters and other hospital products.
Nokia Oyj, the Finish company selling its handset business to Microsoft Corp, told a London court that Taiwanese phone maker HTC Corp. was copying its technology designed to help transmit voice and text messages.
The U.S. Supreme Court left intact a patent ruling that may cost a Medtronic Inc. unit more than $200 million in its clash with Edwards Lifesciences Corp. over devices that repair aortic valves without open-heart surgery.
HeartWare International Inc. rose the most in more than a year after its implantable pump for heart-transplant candidates gained support from U.S. regulatory advisers who said the device provides dying patients a lifeline.
Newcrest Mining Ltd. paced gains in Asian gold stocks, rising the most in four years, after the U.S. Federal Reserve Chairman Ben S. Bernanke’s comments backing sustained economic stimulus boosted the precious metal.
The way Edwards Lifesciences Corp. selected and categorized patients in a trial for its Sapien heart valve may have been biased, making an evaluation of the device as an alternative to open-heart surgery difficult, U.S. Food and Drug Administration staff said.