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wound care

Latest Headlines

Latest Headlines

Smith & Nephew CEO: Lack of innovation begats plunging industry margins

The medical device industry is boring. It doesn't innovate. And that, rather than government austerity, is why companies continue to face falling margins. Before you write that off as a conclusion coming from an outside consultant, consider that it comes from one of the industry's major figures: Smith & Nephew ($SNN) CEO Olivier Bohuon.

Derma shares spike on positive Ph2 wound drug data

Shares of Derma Sciences ($DSCI) spiked 42 percent after the biotech reported positive data for a new drug designed to treat diabetic foot wounds. And the CEO says that the study data could pave the