Medical device sales up at Covidien, other segments down
Sales for the Mansfield, Mass.-based company's devices segment rose 11.1 percent during the three months ended Dec. 24, 2010, to $1.88 billion. For Covidien's two other segments, pharmaceuticals and medical supplies, the trend was in the opposite direction. Pharma revenues slipped 8.0 percent to $470 million; medical supplies revenues were down 4.7 percent, to $422 million, compared with the same period last year.
