National Surgical Hospitals Inc, an operator of U.S. surgical centers that focus on orthopedic and spine operations, is exploring a sale that could potentially value it at close to $1 billion, including debt, according to people familiar with the matter.
Abbott Laboratories said on Wednesday that it had moved to terminate its proposed acquisition of Alere Inc , citing a "substantial loss" in the value of the diagnostics company since they struck a deal 10 months back.
FRANKFURT Italian healthcare group Bracco is working on a potential bid for the radiology supplies unit that Germany's Bayer AG is considering selling, people close to the matter said.
Generic drugmaker Mylan NV , which has been under fire for price hikes on the life-saving EpiPen allergy treatment, said on Wednesday that it expected to cut less than 10 percent of its workforce in a restructuring to integrate acquisitions.
Wearable device maker Fitbit Inc said it had bought smartwatch maker Pebble's software and intellectual property as it looks to strengthen its position in the wearables market.
LONDON These days the average researcher at Philips is more likely to be a software developer than an product engineer, reflecting a transformation at the former Dutch conglomerate that its chief executive says will gather pace.
LONDON A top-30 investor in Swiss pharmaceutical company Actelion said he would back a takeover approach for the whole company from U.S. rival Johnson & Johnson above 246 Swiss francs.
U.S. President-elect Donald Trump's plan to incentivize U.S. companies to repatriate their swelling overseas cash piles could spur a new wave of dealmaking in a pharmaceutical industry seeking to buy its way into growth.
French drugmaker Sanofi is considering a bid for Swiss biotech company Actelion , rivaling an offer made by U.S. healthcare company Johnson & Johnson , Bloomberg reported.
HONG KONG Fosun International Ltd , China's biggest privately-owned conglomerate, is known globally for its bold dealmaking, including the tenaciously successful pursuit of French resort operator Club Med.
WASHINGTON President-elect Donald Trump is receiving an average of one presidential intelligence briefing a week, according to U.S. officials familiar with the matter, far fewer than most of his recent predecessors.