1. Articles from cnbc.com

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    1. Merit Medical Reports Record Revenues for First Quarter of 2018

      Merit Medical Reports Record Revenues for First Quarter of 2018

      Recently we entered into a long-term agreement with NinePoint Medical to become the exclusive worldwide distributor for the NvisionVLE® Imaging System with Real-time Targeting™ using Optical Coherence Tomography (OCT). We believe this product line will enhance the product offerings of our Endotek Division and will be another step to adding therapy and disease-state products to our accessories. Although the products have both 510(k) and CE mark clearances, sales have been limited to the United States due to resource limitations. Merit plans to launch these globally on a measured basis, which we anticipate will strengthen our global Endotek expansion.”

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    2. Olympus Sees Loss of $410 Million; Core Business OK

      Olympus Sees Loss of $410 Million; Core Business OK

      Japan's scandal-hit Olympus on Monday forecast a $410 million full-year net loss due to its ailing camera business and tax asset writedowns, but strength in its core endoscope business highlighted its attractiveness to potential investors. The maker of cameras and medical equipment has been considering alliance offers to shore up its finances after a $1.7 billion accounting scandal severely depleted its assets, with Sony, Fujifilm, Terumo and South Korea's Samsung Electronics believed to be among possible suitors.

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    3. Medical Device Battle: Can St. Jude Bigfoot Volcano? (CNBC Video)

      Medical Device Battle: Can St. Jude Bigfoot Volcano? (CNBC Video)
      This is one of those corporate battles that sometimes falls through the reporting cracks, but shouldn't. In one corner we have St. Jude Medical, the big medical device company. In the other: Volcano Corporation, which has been rapidly growing with several specialty products. Volcano's biggest product is intravascular ultrasound, which is used to help in the placement of heart stents. It's also big in something called fractional flow reserve, or FFR, which can help determine if you're going to have a heart attack and need a stent or surgery. The company’s goal is to make ...
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