Healthcare Headlines

Wed, Dec 24 2014

Aspen, Cipla win share of $860 million South Africa AIDS drug tender

JOHANNESBURG - South Africa will spend 10 billion rand ($860 million) between 2015 and 2017 on life-prolonging HIV/AIDS treatment drugs, health authorities said on Wednesday, as studies show the prevalence of the virus is rising.

24 Dec 2014

Stryker planning takeover offer for Smith & Nephew: Bloomberg

- U.S. surgical implant maker Stryker Corp is planning a takeover offer for British medical device maker Smith & Nephew that may come within weeks, Bloomberg reported, citing people familiar with the matter.

24 Dec 2014

Tue, Dec 23 2014

Stryker planning takeover offer for Smith & Nephew: Bloomberg

- U.S. surgical implant maker Stryker Corp is planning a takeover offer for British medical device maker Smith & Nephew Plc that could happen in the coming weeks, Bloomberg reported, citing people familiar with the matter.

23 Dec 2014

Mon, Dec 22 2014

Lilly must divest Sentinel products after FTC nod on Novartis deal

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WASHINGTON - Eli Lilly and Co has won approval to buy Novartis AG's animal health unit on condition that it divests its Sentinel line of products for treating heartworm in dogs, the Federal Trade Commission said on Monday.

Health, Deals 22 Dec 2014

Sun, Dec 21 2014

Fear factor fades as global M&A hits seven-year high

LONDON - Chief executives got their deal-making confidence back in 2014, emboldened by a clearer outlook for their businesses to take the global value for mergers and acquisitions (M&A) to their highest annual level since 2007.

21 Dec 2014

Sat, Dec 20 2014

AstraZeneca CEO says new Pfizer bid unlikely: Swedish daily DI

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STOCKHOLM - U.S. Pfizer is unlikely to come back with a fresh bid for AstraZeneca, the Anglo-Swedish pharmaceuticals group's top executive was quoted as saying by Swedish business daily Dagens Industri on Saturday.

20 Dec 2014

Fri, Dec 19 2014

Madison Dearborn in the lead to take over Walgreen unit: sources

- Buyout firm Madison Dearborn Partners LLC is in advanced talks to acquire a majority stake in the infusion services business of U.S. drugstore chain operator Walgreen Co for more than $1 billion, according to two people close to the situation.

19 Dec 2014

Roche says agrees to buy Bina Technologies for undisclosed price

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ZURICH - Swiss drugmaker Roche said on Friday it had agreed to buy privately-held Bina Technologies for an undisclosed price, the company's second acquisition in two days.

19 Dec 2014

Alstom shareholders back 12.35 billion euro sale of power arm to GE

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PARIS - Alstom shareholders on Friday backed with 99.2 percent of votes the French engineering group's plan to sell most of its power equipment business to General Electric and refocus on its smaller rail arm.

19 Dec 2014

Thu, Dec 18 2014

Exclusive: Paulson & Co takes stake in Salix on heels of inventory issues - sources

- Hedge fund Paulson & Co has taken a stake in specialty pharmaceuticals company Salix Pharmaceuticals Ltd as the company recovers from inventory issues and the departure of its chief financial officer, according to people familiar with the matter.

18 Dec 2014
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Key retirements mean a changing of the guard next year in U.S. Congress

Regardless what voters decide in the November elections, there will be a major changing of the guard next year in the U.S. Congress as result of a number of key retirements.