Industry News

We found the following news articles worth reading …
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J&J raises forecast as medtech procedures recover - The company’s medical device business grew by more than 7% in the first quarter. J&J raised its forecast for 2023. It now expects revenue of $97.9 billion to $98.9 billion, an increase of about $1 billion from its previous estimates. The forecast would represent 5.5% to 6.5% growth from 2022 sales.
https://www.medtechdive.com/news/jnj-q1-earnings-procedure-growth/647924/

 

Johnson & Johnson eyes $40B valuation for consumer health group Kenvue: WSJ -
https://www.fiercepharma.com/pharma/johnson-johnson-eyes-40b-valuation-consumer-health-unit-kenvue

 

Philips says revenue rises 6%, sees €575M in recall-related legal costs -
https://www.medtechdive.com/news/Philips-PHG-Q1-earnings/648416/

 

GE HealthCare revenue up in first quarter as a standalone company, but shares drop -
https://www.medtechdive.com/news/GEHC-healthcare-q1-earnings-growth/648531/

 

Recycled plastic is on the way to sustainability - page 6 - The Engineer -
https://teng.mydigitalpublication.co.uk/publication/?m=63621&i=790991&p=6&ver=html5

 

LinkedIn’s Now Up to 930 Million Members, Continues to See Strong Engagement -
https://www.socialmediatoday.com/news/LinkedIn-Now-Up-to-930-Million-Members/649239/

 

Pfizer, AstraZeneca run it back in IDEA Pharma's annual innovation rankings -
https://www.fiercepharma.com/pharma/pfizer-astrazeneca-run-it-back-innovation-and-invention-rankings-idea-pharma

 

Baxter, GE HealthCare, Philips are at risk from changes in hospital spending: Moody’s -
https://www.medtechdive.com/news/Moodys-BAX-GEHC-PHG-capital-spending-pressure-hospitals/649757/

 

MINI unveils first design highlights of the future model family -
https://engineeringmagazine.co.uk/mini-unveils-first-design-highlights-of-the-future-model-family/

 

Post-spinoff, PerkinElmer rebrands diagnostics, life sciences business as Revvity -
https://www.fiercebiotech.com/medtech/post-spinoff-perkinelmer-rebrands-diagnostics-life-sciences-business-revvity

 

YouTube Adds New Shorts and Revenue Analytics Tools in YouTube Studio -
https://www.socialmediatoday.com/news/youtube-shorts-and-revenue-analytics-tools/650464/

 

Plastics provide solutions under the hood - p.13 Injection World Magazine -
https://content.yudu.com/web/1rl19/0A1uufg/IWMay23/html/index.html?page=12&origin=reader