On Wednesday, Shares of Medtronic PLC (NYSE:MDT), lost -0.45% to $76.06.
Medtronic plc, declared that the Medtronic Micra Transcatheter Pacing System (TPS) was successfully implanted in nearly all patients in the trial - 99.2 percent - and met its safety and effectiveness endpoints with wide margins. These data, from the Medtronic Micra TPS Global Clinical Trial, were presented during a late-breaking Special Report session recently at the 2015 American Heart Association Scientific Sessions and simultaneously published in the New England Journal of Medicine.
“We are extremely happy with the remarkably successful implant rates and safety profile of the Micra pacemaker, counting the absence of device dislodgments. We are especially confident in these results because the trial comprised patients with serious comorbidities from 19 countries on five continents around the world,” said Dwight Reynolds, M.D., trial principal investigator and regent`s professor and chief of the Cardiovascular Section at the University of Oklahoma Health Sciences Center. “The Micra TPS not only met its trial endpoints, but also offered a noteworthy reduction in healthcare utilization due to fewer major complications contrast to conventional pacing systems, which is particularly important in an era of value-based healthcare.”
In the Micra trial, 96 percent of patients (700 of 725; six-month Kaplan-Meier estimate) practiced no major complications, which is significantly fewer - 51 percent fewer - major complications than seen in patients with conventional pacing systems (hazard ratio: 0.49; 95 percent CI, 0.33 to 0.75; P=0.001). Major complications comprised cardiac injuries (1.6 percent), complications at the groin site (0.7 percent) and pacing issues (0.3 percent). Notably, there were no (0) dislodgments, no (0) systemic infections, and very few (0.4 percent) system revisions (meaning extraction, repositioning or replacement). These low complication rates were achieved despite the inclusion of high-risk patients worldwide, counting patients with chronic obstructive pulmonary disease (COPD).
The presentation comprised a comparison of Micra TPS safety performance to a pre-defined, historical control group comprising of more than 2,500 patients from six studies of commercially available, conventional pacing systems. Contrast to patients with conventional systems, the patients in the Micra trial were older and had more comorbidities, yet had fewer major complications.
Shares of Baker Hughes Incorporated (NYSE:BHI), declined -1.67% to $49.00, during its last trading session.
Baker Hughes Incorporated, declared that the international rig count for October 2015 was 1,111, down 29 from the 1,140 counted in September 2015, and down 197 from the 1,308 counted in October 2014. The international offshore rig count for October 2015 was 270, up 2 from the 268 counted in September 2015, and down 56 from the 326 counted in October 2014.
The average U.S. rig count for October 2015 was 791, down 57 from the 848 counted in September 2015, and down 1,134 from the 1,925 counted in October 2014. The average Canadian rig count for October 2015 was 184, up 1 from the 183 counted in September 2015, and down 240 from the 424 counted in October 2014.
The worldwide rig count for October 2015 was 2,086, down 85 from the 2,171 counted in September 2015, and down 1,571 from the 3,657 counted in October 2014.
Baker Hughes Incorporated supplies oilfield services, products, technology, and systems to the oil and natural gas industry worldwide. The company offers drilling and evaluation products and services, which comprise drill bits for performance drilling, hole enlargement, and coring; conventional and rotary steerable systems used to drill wells; measurement-while-drilling and logging-while-drilling systems to perform reservoir navigation services; drilling optimization services; tools for coil tubing drilling and wellbore re-entry systems; coring drilling systems; surface logging; emulsion and water-based drilling fluids systems; reservoir drill-in fluids; and fluids environmental services.
Finally, Shares of Quanta Services Inc (NYSE:PWR), ended its last trade with 0.74% gain, and closed at $21.65.
Quanta Services, declared that company administration will present at the Baird 2015 Industrial Conference held November 9-11, 2015, in Chicago. Jim O’Neil, chief executive officer and Kip Rupp, vice president – investor relations, presented at the Baird 2015 Industrial Conference on Tuesday, November 10, 2015, at 2:00 p.m. Central time.
Quanta Services, Inc. provides specialty contracting services to the electric power, and oil and gas industries in North America and internationally. The company’s Electric Power Infrastructure Services segment provides network solutions comprising design, installation, upgrade, repair, and maintenance of electric power transmission and distribution infrastructure, and substation facilities.