Healthcare Headlines

Catamaran to buy private pharmacy benefit manager for $409 million

- Pharmacy benefit manager Catamaran Corp said it would buy privately held Restat LLC for $409.5 million to expand its client base.

Wed, Jul 31 2013

KKR to buy second clinical trials company this year

- KKR & Co LP said on Wednesday it had agreed to acquire ReSearch Pharmaceutical Services Inc (RPS) from private-equity peer Warburg Pincus LLC, marking its second announced investment in a global contract research organization in as many months.

Panasonic: in talks with potential partners to sell part of healthcare unit

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TOKYO - Panasonic Corp said on Wednesday it is in talks with various potential partners to sell a part of its healthcare unit, through which it could raise as much as $1 billion.

Tue, Jul 30 2013

Community Health faces investor fight in $3.9 billion HMA deal

- U.S. hospital chain Community Health Systems Inc said it reached a deal to buy smaller Health Management Associates Inc for $3.9 billion, but quickly faced opposition from major HMA investor Glenview Capital Management over the price.

Mon, Jul 29 2013

Drugmaker Perrigo to buy Ireland's Elan for $8.6 billion

DUBLIN - U.S. drugmaker Perrigo agreed to buy Elan for $8.6 billion in a deal that will hand it tax savings from being domiciled in Ireland and royalties from a blockbuster multiple sclerosis treatment.

PPG sells rest of variable-tint lens maker to Essilor for $1.73 billion

- PPG Industries Inc has agreed to sell its $1.73 billion controlling stake in Transitions Optical, the inventor of modern variable-tint plastic lenses, to business partner Essilor International , PPG said on Monday.

Wed, Jul 24 2013

Exclusive: Amgen lines up BofA, JPM, Barclays to finance Onyx deal -sources

NEW YORK - Amgen Inc, the world's largest biotechnology company, has lined up Bank of America Corp, JPMorgan Chase & Co and Barclays Plc to finance a potential deal for Onyx Pharmaceuticals Inc, according to three people familiar with the matter.

Exclusive: Perrigo, Forest prepare bids for Elan this week -sources

- U.S. drugmakers Perrigo Co and Forest Laboratories Inc are preparing to submit takeover bids for Elan Corp this week and the Irish drugmaker hopes to announce a sale as early as next week, according to three people familiar with the matter.

South Africa's Aspen Pharmacare values GSK deal at 700 million pounds

JOHANNESBURG - South Africa's Aspen Pharmacare Holdings on Wednesday valued its bid for two of GlaxoSmithKline's thrombosis drugs and a French factory at around 700 million pounds sterling, 100 million pounds of which will be for inventory.

Sanofi, Carlyle in talks to buy Elder Pharma's India formulations business: sources

- Sanofi SA's India unit and Carlyle Group are in separate talks to buy the domestic drug formulations business of India's Elder Pharmaceuticals Ltd for $400 million-$450 million, three sources with direct knowledge of the matter said.

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McCain, Biden coming together for Sedona, Arizona forum

These days Washington is not known for bipartisanship, but every now and then a breakthrough is made. It is noteworthy that Vice President Joe Biden, a Democrat, and Senator John McCain, a Republican, are appearing together at a forum in Sedona, Arizona on Friday.