Medtronic Inc. sales jumped 10 percent to $3.8 billion in its third quarter, led by strong international sales and growth in its cardiovascular unit, the company said Tuesday. The Minneapolis-based medical device maker slightly beat Wall Street expectations with profits of $831 million in the quarter, up 19 percent over the $698 million in... more

Accredo Health Group Inc. posted a record-breaking year and quarter based on new client wins and overall growth in the specialty pharmaceutical industry. Accredo is the Memphis-based specialty pharmaceutical division of Medco Health Solutions Inc., which is based in New Jersey. In 2009, the Memphis division reported revenues of $9.5 billio... more

MEMPHIS, Tennessee, February 16, 2010  ExtraOrtho, Inc. announced the donation of $579,000 in medical devices to help meet urgent medical needs in Haiti. ExtraOrthoTM is a privately held, early stage orthopaedic company that recently started selling a bone fixation device in the United States. In response to numerous adult and pediatric c... more

Russell Ingram is mapping out a way for information to zoom between research institutions. Ingram, the president of the Memphis Coalition for Advanced Networking (MCAN), said this proprietary, high-speed link will enable data to travel 3,000 times faster than typical broadbands. The new network should be online by the end of March. The Ten... more

Memphis doesnt have to look outside its own city limits to find one of the nations leading economic development strategies. Its taking shape at Union and Dudley in the form of the UT-Baptist Research Park, according to Kip Bergstrom, executive director of the Rhode Island Economic Policy Council. Memphis Bioworks Foundation  which is b... more