Brokerages cut Olympus' ratings after ouster of company president; Rochester Medical relocates, changes name;

> Camera and medical equipment maker Olympus dropped for a second straight day after at least 6 brokerages cut their ratings following the dismissal of President Michael Woodford. Story

> Rochester Medical Implants has relocated corporate offices and manufacturing operations to its new facility in Noblesville, IN. In acknowledgement of the location change, the company will change its name to RMI. RMI release

> Paramit has entered into an agreement with Lemarne Corporation to purchase Lemtronics, its Malaysia-based manufacturing organization. Paramit release

> OPKO Health ($OPK) has bought Claros Diagnostics, which has developed a novel microfluidics-based test system consisting of a disposable test cassette that resembles a credit card and a small but sophisticated desktop analyzer.  OPKO release

> Freedom Meditech has submitted a 510(k) app for its medical device that can be used to detect chronic disease. The ClearPath DS-120 lens fluorescence biomicroscope scans the eye to identify patients with signs of degenerative changes in the lens of the eye. News

And Finally... Epocrates, a popular app amongst clinicians, will soon have new features and a revamped iOS interface. Video