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2013 Biggest Job Cutting by Medical Companies
  News FMD reprint for your knowledge While many of the big-time medical device companies are forecasting sunny earnings for 2013, that hasn't slowed down the march to trim payroll, as companies from Accuray ($ARAY) to Zimmer ($ZMH) have announced thousands of layoffs since Jan. 1. For some, like Abbott Laboratories ($ABT) and Medtronic ($MDT), the job cuts are designed to pare down sluggish units and reinvest in more successful segments. Abbott announced hundreds of layoffs in its medical device business, cutting some losses amid slipping demand for old-generation stents, but the company is still profiting off its growing diagnostics arm, and CEO Miles White said he expects the CE marked Absorb to become a "workhorse" for the company once it wins FDA approval.
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News FMD reprint for your knowledge

While many of the big-time medical device companies are forecasting sunny earnings for 2013, that hasn't slowed down the march to trim payroll, as companies from Accuray ($ARAY) to Zimmer ($ZMH) have announced thousands of layoffs since Jan. 1.

For some, like Abbott Laboratories ($ABT) and Medtronic ($MDT), the job cuts are designed to pare down sluggish units and reinvest in more successful segments. Abbott announced hundreds of layoffs in its medical device business, cutting some losses amid slipping demand for old-generation stents, but the company is still profiting off its growing diagnostics arm, and CEO Miles White said he expects the CE marked Absorb to become a "workhorse" for the company once it wins FDA approval.

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Kalamazoo, Michigan - Stryker Corporation (NYSE:SYK) announced today the successful completion of its previously announced voluntary general offer to acquire Trauson Holdings Company Limited (Trauson). Trauson is the leading trauma manufacturer in China and a major competitor in the spine segment.

"With the acquisition of Trauson, we are well positioned to broaden our presence in China and to expand into the fast growing value segment of the emerging markets. We look forward to building on the company's long history of success," said Kevin A. Lobo, President and Chief Executive Officer.

As indicated in the January 17, 2013 press release, the transaction is expected to be neutral to Stryker's 2013 earnings per share excluding acquisition and integration-related charges.

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Posted by on in Job Opportunities

Regional Sales Specialist—ECG Management NY/New England Territory

Epiphany Cardio is seeking a highly motivated, detail oriented individual to sell Epiphany's Cardio Server and Pulmonary Server products.  Epiphany's software provides a vendor neutral archive with pure-web, physician access for fifteen diagnostic test modalities, including ECG, Holter, Stress, and PFT from over 40 vendors.  Cardio Server has been rated "Best in Category" by KLAS for the past four years. 

The ideal candidate will demonstrate experience in clinical device/software sales to hospital Cardio-Pulmonary Departments.  Familiarity with hospital workflow, HIS/EMR integration, and a proven ability to close orders in complex selling environments is required. 

Please send a cover letter and resume to  This email address is being protected from spambots. You need JavaScript enabled to view it.

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