Lakeway, TX -- (SBWIRE) -- 02/26/2013 -- vb-news.net, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on the following stocks:-
Boston Scientific Corporation (NYSE:BSX) announced in a press statement Thursday that its subsidiary, Boston Scientific Japan K.K., has agreed with Japanese firm Fukuda Denshi to market and distribute Boston Scientific's Spinal Cord Precision Plus System which is a part of Boston Scientific's neuromodulation division, in Japan.
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Fukuda Denshi already boasts "extensive sales resources" and a distribution infrastructure in the country to market the product.
According to Boston Scientific more than 60,000 patients worldwide are already using the Precision Plus System.
Endo Health Solutions Inc (NASDAQ:ENDP) announced that Rajiv De Silva will succeed David Holveck as President and Chief Executive Officer, effective March 18.
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"Rajiv is a strong leader with the deep industry experience, outcome-oriented approach, and proven ability to drive results the Board was seeking in our next CEO," said Roger H. Kimmel, Chairman of the Board. "His track record in generating growth and profitability, managing complex integrations, and delivering for shareholders will serve us well. We are focused on taking the actions needed to create value for Endo shareholders and believe today's announcement is another key step forward that will enable us to build on Endo's strong foundation. At the same time, we appreciate Dave Holveck's significant contributions to Endo, including his leadership in reducing the Company's dependence on Lidoderm, and wish him well in his retirement."
"I am excited to take on the challenge of leading Endo and helping the Company realize its full potential. Endo occupies a unique position in the healthcare market, able to deliver innovative products and services across multiple platforms with clear strengths in the medically important areas of pain management and urology. I look forward to working with the Endo team to build on its strengths and deliver top line growth while also improving cost management, execution and integration to enable Endo to make the most of its many opportunities and create value for its shareholders," said De Silva.
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