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Good News in Europe? There Is for Medtech
Chris Newmarker
July 31, 2015
1 Min Read
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Medical device companies including Siemens, Philips, Fresenius, and Smith & Nephew are reporting some good news for a change.
Qmed Staff
Major medical device companies in Europe are proving to be a bright spot on a continent still gloomy about the future of the eurozone.
The homepage of Qmed/MPMN's sister UBM Canon media outlet European Medical Device Technology has been looking unusually cheery lately, with good news from a host of companies including Siemens, Philips, Fresenius, and Smith & Nephew.
Here are the highlights:
Siemens has been laying off thousands of workers worldwide this year. A week euro, though, has allowed Siemens' healthcare division to record double digit revenue and order growth. Read the full EMDT story.
A recovery of U.S. business helped Dutch electronics and healthcare giant Philips perform better in first half of 2015 than analysts had expected. Read the full EMDT story.
German healthcare group Fresenius has raised its guidance for the second time this year. Read the full EMDT story.
Growth in emerging markets helped British medtech giant Smith & Nephew enjoy a strong half year. Read the full EMDT story.
Chris Newmarker is senior editor of Qmed and MPMN. Follow him on Twitter at @newmarker.
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