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CHICAGO (AP) - Shares of several medical technology companies rose Friday, with Zimmer Holdings Inc. and Stryker Corp. leading the pack in gains.
Comments made at a Merrill Lynch conference on Thursday were likely pushing the stocks upward, said John Farrall, a health-care analyst with National City's Private Client Group.
One panel at the conference included a discussion about how negotiations with the Japanese government regarding biannual price reductions suggest that the price cuts won't be as drastic as expected, Farrall said in a note to investors.
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