Navigation Links
Boston Scientific Announces Results for Third Quarter Ended September 30, 2008
Date:10/21/2008

ded Johnson & Johnson-related litigation charges, acquisition- and divestiture-related net credits, restructuring-related charges, intangible asset impairments and amortization expense (after-tax) of $298 million, or approximately $0.20 per share, which consisted of the following:

-- $334 million of pre-tax charges ($266 million after-tax) resulting from

a ruling by a federal judge in a patent infringement case brought

against the Company by Johnson & Johnson;

-- $250 million pre-tax gain ($184 million after-tax) related to the

receipt of an acquisition-related milestone payment from Abbott

Laboratories;

-- $8 million credit, on both a pre-tax and after-tax basis, to purchased

research and development associated with the Company's acquisition of

CryoCor, Inc.;

-- $15 million of pre-tax net gains ($9 million after-tax) in connection

with the sale of the Company's non-strategic investments;

-- $17 million of income tax benefit associated with the Company's

previous sale of non-strategic businesses;

-- $34 million of pre-tax charges ($25 million after-tax) associated with

the Company's ongoing expense and head count reduction initiatives;

-- $155 million of pre-tax intangible asset impairment charges ($129

million after-tax); and

-- $131 million of pre-tax amortization expense ($96 million after-tax).

Adjusted net income for the quarter, excluding these amounts, was $236 million, or $0.16 per share.

Reported net loss for the third quarter of 2007 was $272 million, or $0.18 per share. Reported results for the third quarter of 2007 included acquisition- and divestiture-related charges and amortization expense (after-tax) of $571 million, or approximately $0.38 per share. Adjusted net income for the third quarter of 2007, excluding these charges, was $299 million, or $0.20 per share.

Guidance for Fourth Quar
'/>"/>

SOURCE Boston Scientific Corporation
Copyright©2008 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27

Related biology technology :

1. Boston Scientific Provides Comments Reinforcing Strength of Its Balance Sheet
2. Boston Scientific Provides Update on Involuntary Selling of Its Stock by Co-Founders
3. Video: Boston Scientific Announces FDA Approval of Second-Generation TAXUS(R) Liberte(R) Drug-Eluting Stent
4. Boston Scientific Announces FDA Approval of TAXUS(R) Express2(TM) Atom(TM) Stent System, First Drug-Eluting Stent For Small Vessels
5. Boston Scientific to Participate in UBS Global Life Sciences Conference
6. Boston Scientific Announces Court Decision
7. IBC Life Sciences Kicks Off the 13th Annual Drug Discovery & Development of Innovative Therapeutics World Congress in Boston, Massachusetts
8. InNexus Biotechnology CEO and Chief Scientific Officer to Present at IBCs Annual World Congress Conference in Boston on Aug 6th
9. NorthPoint Domain and Boston Medical Center Partner to Apply Advanced Patient Engagement Instruments to Pioneering Cardiac Robotic Surgery Program
10. TechCFO Adds Gary Strickland as Partner in Boston Office
11. Boston Scientific Announces FDA Approval for PROMUS(TM) Everolimus-Eluting Coronary Stent System
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:3/3/2015)... The winners of awards for supply chain resilience ... Global Supply Chain Resiliency Council (GSCRC) at the ... 25th, 2015, at the Hyatt Regency in Santa Clara, ... supply chain risk management and resiliency practitioners with luminaries ... opportunities to collaborate, develop and share best practices, and ...
(Date:3/3/2015)... March 3, 2015  RegeneRx Biopharmaceuticals, Inc. (OTCQB: RGRX) ... scientific journal, Expert Opinion on Biological Therapy , ... Zhenggang Zhang , at the Henry Ford Hospital ... Thymosin beta 4 (TB4) has the capacity to promote ... or more post-injury, leading to neurological recovery in each ...
(Date:3/3/2015)... 3, 2015  Rosa & Co. LLC, a drug ... simulation research, today announced it has two posters scheduled ... Clinical Pharmacology and Therapeutics meeting in New ... Logo - http://photos.prnewswire.com/prnh/20150302/179058LOGO   ... poster describing a quantitative systems pharmacology approach for immuno-oncology ...
(Date:3/3/2015)... -- Kindred Biosciences, Inc. (NASDAQ: KIN ), a ... pets, announced today that it will release its fourth quarter ... the market close. The Company will host a conference call ... Interested parties may access the call by dialing toll-free (855) ... conference ID 98449349.  The call will also ...
Breaking Biology Technology:Global Supply Chain Resiliency Council Names Award Winners 2Global Supply Chain Resiliency Council Names Award Winners 3Global Supply Chain Resiliency Council Names Award Winners 4Researchers at Henry Ford Hospital Propose Thymosin Beta 4 as Novel Way to Treat Neural Injury and Neurodegenerative Diseases 2Researchers at Henry Ford Hospital Propose Thymosin Beta 4 as Novel Way to Treat Neural Injury and Neurodegenerative Diseases 3Rosa & Co. Announces Two Poster Presentations at the American Society for Clinical Pharmacology and Therapeutics 2015 Annual Meeting 2Rosa & Co. Announces Two Poster Presentations at the American Society for Clinical Pharmacology and Therapeutics 2015 Annual Meeting 3
... basement at Menasha Advantage, a subsidiary of Neenahs Menasha ... The Skunkworks. There, a better cardboard box is being ... Menasha Advantage is building a system to track shipments ... The Internet-based system will save time, money and headaches ...
... , ,Identity theft has seen the largest increase in any ... States is faced with an ever-changing and creative criminal. ... equation, organizational and consumer. , ,Identity theft tops ... from the Federal Trade Commission (FTC). Based on the ...
... in Games Apply to Academics , ,MADISON-WI. - ... , a University of Wisconsin-Madison researcher about his work ... learning a game can be used in academics. ... University of Wisconsin-Madison to continue his research on games ...
Cached Biology Technology:E-Commerce Skunkworks in Menhasa 2E-Commerce Skunkworks in Menhasa 3Are You Ready for Identity Theft? 2Are You Ready for Identity Theft? 3Are You Ready for Identity Theft? 4Are You Ready for Identity Theft? 5Are You Ready for Identity Theft? 6Are You Ready for Identity Theft? 7GameBased Learning Strategies 2GameBased Learning Strategies 3
(Date:2/5/2015)... 28, 2015 NXT-ID, Inc. (NASDAQ: ... biometric authentication company focused on the growing mobile commerce ... Global Online CEO Conference on January 29 th ... Pereira , CEO of NXT-ID will present and host ... Wocket smart wallet and its full suite of biometric ...
(Date:2/5/2015)...  It is gratifying to see that the Obama ... science as a means to better understand human biology, ... was honored to participate in today,s White House event ... Since the 1980s my teams have been ... sequenced genome of a free living organism, the first ...
(Date:1/22/2015)... and Markets ( http://www.researchandmarkets.com/research/4trb7t/biometrics_a ) has announced the ... report to their offering. , The ... individual is who she/he is claiming to be, and for ... unique physical characteristics, such as fingerprint, hand or palm print, ...
Breaking Biology News(10 mins):CEO of NXT-ID, Inc. to Discuss Company's Biometric Technologies at RedChip Online Conference January 29th 2CEO of NXT-ID, Inc. to Discuss Company's Biometric Technologies at RedChip Online Conference January 29th 3J. Craig Venter, Ph.D., Co-Founder and CEO, Human Longevity, Inc. (HLI) Participates in White House Precision Medicine Event 2Biometrics - A Global Market Overview 2Biometrics - A Global Market Overview 3
... killing tumours in what they hope could one day lead ... Manchester research has identified a key gene that appears to ... division. Cells divide creating new cells as part of ... results when cells divide in an uncontrolled way. What ...
... into the body to reverse learning problems in mice that ... researchers have found. The protein -- part of the ... onto the amyloid beta protein in the brain and prevents ... Alzheimers disease. Our research in an animal model showed ...
... Here is the latest American Chemical Society (ACS) News ... journals and Chemical & Engineering News.,Please credit the individual ... for this information. , ARTICLE #1 FOR ... biofactories, Biotechnology Progress Scientists are reporting an advance ...
Cached Biology News:Gene may hold key to future cancer hope 2American Chemical Society's Weekly PressPac -- Oct. 3, 2007 2American Chemical Society's Weekly PressPac -- Oct. 3, 2007 3American Chemical Society's Weekly PressPac -- Oct. 3, 2007 4American Chemical Society's Weekly PressPac -- Oct. 3, 2007 5American Chemical Society's Weekly PressPac -- Oct. 3, 2007 6American Chemical Society's Weekly PressPac -- Oct. 3, 2007 7American Chemical Society's Weekly PressPac -- Oct. 3, 2007 8