Healthcare Headlines
Mon, Jul 1 2013
Pfizer, Novartis may join Amgen in bidding for Onyx: sources
NEW YORK - Onyx Pharmaceuticals Inc , whose cancer drugs promise a strong revenue stream, is attracting preliminary buyout interest from several large pharmaceutical companies such as Pfizer Inc and Novartis AG , two people familiar with the matter said on Monday.
Sun, Jun 30 2013
Onyx explores possible sale after rejecting Amgen offer
NEW YORK - Cancer drugmaker Onyx Pharmaceuticals Inc said on Sunday it rejected a roughly $10 billion takeover offer from larger biotechnology company Amgen Inc as too low but still is considering selling itself.
Blackstone, Lion Capital to bid for GSK's Lucozade, Ribena: report
- Private equity firms Blackstone and Lion Capital have teamed up to make a formal bid worth more than a billion pounds for Lucozade and Ribena, the two soft drink brands put up for sale by drugmaker GlaxoSmithKline , Sky News reported on Sunday.
Fri, Jun 28 2013
Boston Sci to buy Bard electrophysiology unit for $275 million
WASHINGTON - Medical device maker Boston Scientific Corp said on Friday it would buy the electrophysiology (EP) business of C.R. Bard Inc for $275 million in cash, expanding its roster of products that help treat patients with an abnormal heartbeat.
Thu, Jun 27 2013
Valeant Pharma finalizes Bausch & Lomb acquisition loan
- Valeant Pharmaceuticals has finalized tranche sizes on the new loan backing the company's $8.7 billion acquisition of Bausch & Lomb, sources told Thomson Reuters LPC.
South Africa's Aspen in $1 billion deal with Merck
JOHANNESBURG - Aspen Pharmacare said on Thursday that it would acquire drugs and a plant from U.S. firm Merck in a $1 billion deal that bolsters its presence in Europe, Latin America and Asia.
Tue, Jun 25 2013
LifeLabs to acquire CML HealthCare for C$965 million
- Canadian medical diagnostic services provider LifeLabs Medical Laboratory Services said on Tuesday that it was acquiring rival CML HealthCare Inc in a deal valued at about C$965 million ($917 million).
Mon, Jun 24 2013
Hospital chain Tenet to buy Vanguard Health for $1.73 billion
- U.S. hospital operator Tenet Healthcare Corp said on Monday it will buy smaller rival Vanguard Health Systems Inc for $1.73 billion, putting it in a better position to benefit from the millions of Americans about to get insurance under President Barack Obama's healthcare reform. | Video
Pharmstandard mulls selling over-the-counter business: report
MOSCOW - Pharmstandard , Russia's top drugmaker, is considering selling its over-the-counter medicines business, valued at $2.5 billion, Bloomberg reported on Monday.
Wed, Jun 19 2013
Wright Medical to sell implants business to MicroPort for $290 million
- Wright Medical Group Inc said on Wednesday it will sell its hip and knee implants business to a unit of MicroPort Scientific Corp for $290 million in cash.
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.
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