Research Reports on Baxter International and Mindray Medical International -- Challenges Still Remain in the Healthcare Industry
23 Luglio 2010 - 3:35PM
Marketwired
www.RothmanResearch.com provides members a complete scrutiny of the
medical instruments & supplies industry with thorough research
on Baxter International Inc. and Mindray Medical International
Limited. Sign up now on www.rothmanresearch.com to access these
free reports.
The global economic downturn has had mixed effects on the
medical technology industry. The biggest disparity lies between
companies that produce products for elective and non-elective
procedures. Non-elective treatments remained fairly constant while
patients considering elective procedures were less likely to visit
their doctor. This divide was especially seen in orthopedic medical
technology. Knee and hip replacements were down because people
seemed willing to put off procedures because of high surgery costs.
Orthopedic companies that released newer high cost products saw
more success despite the decrease in patients.
Like the economic downturn, the health reform bill is also
having mixed effects on the medical technology industry. The health
reform bill will cover more people who, in turn, will need more
access to medical devices and technology. However, a greater
emphasis on efficiency could offset the increase in patients. The
reform bill is aimed at reducing redundant visits to imaging,
diagnostic and screening machines. A 2.3% excise tax on medical
devices set to begin in 2013 is also included in the reform bill.
The tax will be on devices that ship domestically in non-retail
settings. Early estimates show that that this could cost the
industry up to $2.3 billion in the first year.
www.rothmanresearch.com is a source for investors seeking free
information on medical instruments & supplies industry;
investors and shareholders of Baxter International Inc., Mindray
Medical International Limited and other companies in the industry
are encouraged to sign up for free at
http://www.rothmanresearch.com/index.php?id=6&name=Register.
In light of the challenges pressuring the industry, this
quarter's earning seasons would be a good gauge of how well
companies in this space are faring on a financial level. Baxter International Inc. (NYSE: BAX) earnings release
yesterday even though at par with analysts estimates have been a
major catalyst for drug stocks. This shows how expectations in the
sector are very down-to-earth at this point in time. The company
reported a 9% decline in its net income for this quarter due to
elevated costs and a write-down of some accounts for an anticipated
legal settlement. The legal settlement which would have provided
the company with $22 million from Greece's government may never
materialize due to the sovereign debt issues already plaguing the
country. However, Baxter also announced a 2% revenue growth.
www.rothmanresearch.com provides company and technical analysis
with its free downloadable research report on Baxter International Inc. by registering now at
http://www.rothmanresearch.com/article/bax/23719/Jul-23-2010.html
Mindray Medical International Limited
(NYSE: MR), China's biggest medical equipment manufacturer, has
scheduled its earnings release for August 9th. One key element
making Mindray Medical attractive within this industry is the
healthiness of its balance sheet. Complimentary report on
Mindray Medical International Limited can be
accessed at http://www.rothmanresearch.com/article/mr/23720/Jul-23-2010.html
Companies looking for additional media or
advertising services can call Blue Chip IR at
1-917-267-8836
About Rothman Research
Rothman Research brings independent company and sector research
together, utilizing top financial advisors and investment tactics
to provide you with a clear picture of investment
opportunities.
For More Information Contact: Jack Benassi
info@rothmanresearch.com
Grafico Azioni Montage Resources (NYSE:MR)
Storico
Da Giu 2024 a Lug 2024
Grafico Azioni Montage Resources (NYSE:MR)
Storico
Da Lug 2023 a Lug 2024
Notizie in Tempo Reale relative a Montage Resources Corporation (Borsa di New York (NYSE)): 0 articoli recenti
Più Rothman Research Articoli Notizie