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Tag: covidien
Federal Circuit Vacates $176 Million Damages Award to Covidien...
2014-12-29 21:32:35| Biotech - Topix.net
The United States Court of Appeals for the Federal Circuit vacated a $176 million district court damages award to Covidien , formerly known as Tyco Healthcare Group LP, in a patent infringement suit against Ethicon Endo-Surgery, Inc. , a subsidiary of Johnson & Johnson . Covidien's lawsuit alleged that Ethicon's Harmonic ultrasound cutting devices infringed U.S. Patent Nos.
Tags: million
federal
award
circuit
Covidien Declares Quarterly Cash Dividend
2014-12-20 04:42:28| Industrial Machines - Topix.net
Covidien plc today announced that its Board of Directors has declared a quarterly cash dividend of $0.36 per ordinary share. The quarterly dividend is payable on Jan. 16, 2015, to shareholders of record on Jan. 2, 2015.
Tags: cash
quarterly
dividend
declares
Covidien Announces Mailing of Definitive Joint Proxy...
2014-11-22 08:12:11| Industrial Machines - Topix.net
Covidien plc today announced, for purposes of the Irish Takeover Rules, that the definitive joint proxy statement of Covidien plc and Medtronic, Inc., which also serves as a prospectus of Medtronic Holdings Limited and comprises Covidien's scheme circular required under Irish law is being sent today to Covidien and Medtronic, Inc., shareholders. As previously announced, on June 15, 2014 Covidien and Medtronic entered into a definitive agreement pursuant to which Medtronic Holdings Limited, a new holding company incorporated in Ireland that will be renamed Medtronic plc, will acquire Covidien and Medtronic.
Tags: mailing
joint
proxy
announces
Hedge Funds Burned in Shire Double Down on Covidien Deal
2014-11-12 21:49:22| Biotech - Topix.net
Hedge funds bruised by wrong-way bets on AbbVie Inc.'s failed merger with Shire Plc are showing few signs the trauma was permanent. At least three firms that speculated on the doomed $52 billion drug industry takeover -- Paulson & Co., Taconic Capital Advisors LP and Pentwater Capital Management LP -- have reported stakes tied to Medtronic Inc.'s offer for Covidien Plc , according to filings with the Irish Takeover Panel.
Tags: double
deal
funds
burned
Spectranetics to Acquire Stellarex(TM) Drug Coated Balloon Assets From Covidien
2014-11-03 03:46:16| Industrial Machines - Topix.net
Conference Call Monday at 8:30 a.m. ET Expands Spectranetics' portfolio of solutions to treat complex vascular conditions in projected $ 700 million drug coated balloon segment COLORADO SPRINGS, Colo., and DUBLIN, Ireland, Nov. 2, 2014 -- The Spectranetics Corporation and Covidien plc today announced a definitive agreement under which Spectranetics will acquire Covidien's Stellarex drug coated angioplasty balloon platform for $30 million. The transaction is subject to approval by the Federal Trade Commission and other regulatory agencies, as well as closure of the pending acquisition of Covidien by Medtronic, which is expected to occur in early 2015.
Tags: drug
assets
acquire
coated