Business News

Intuitive Surgical Second-Quarter Results Beat Views

Intuitive Surgical Second-Quarter Results Beat Views

Rising demand for robotic-assisted medical interventions underpinned a jump in Intuitive Surgical’s (ISRG) second-quarter results after markets closed on Thursday as shipments of the company’s flagship da Vinci System advanced. The Sunnyvale, Calif.-based company, which is a pioneer in minimally invasive surgeries, reported revenue of $1.10 billion in the three months ended June 30, up approximately 21% from the corresponding […]

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Gilead Sciences to Pay $5.05 Bln for Exclusive Access to Galapagos’ Current & Future Compounds Outside Europe

Share of Galapagos (GLPG), a Belgian biotechnology firm, surged early on Monday as the US drugmaker Gilead Sciences (GILD) said it signed a deal under which it will pay Galapagos $5.05 billion in return for an exclusive product license and option rights to develop and commercialize all current and future programs in all countries outside Europe. The 10-year global research […]

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Asian Stock Markets Fall as China-US Trade Dispute Persists

Asian stock markets declined Wednesday, hewing to a recent pattern as traders weighed a still-unresolved trade dispute between China and the US. Hong Kong and Tokyo fell while Shanghai gained. Other regional exchanges lost ground. In Japan, the Nikkei 225 opened lower on Wall Street cues as investors eyed a Trump administration currency “monitoring list” that included Japan and a […]