This section covers the managerial aspects in the Healthcare industry.
The North ShoreLIJ Health System and OPKO Health Inc OPK have formed a novel strategic alliance to provide genomic testing molecular diagnostic testing and ancillary support services such as genetic counseling The scope of testing will cover all genetic disorders including prenatal screening pediatr..
Under the agreement Minnesota Medical and Mayo Clinic will collaborate to refine clinically test and bring to market the Company39s new Advanced Device Technology designed to control and help manage fecal incontinence Fecal incontinence is a physically and psychologically debilitating disease affec..
Aster DM Healthcare plans to invest more than US136 million during the next two years to expand its facilities in the Arabian Gulf as demand for hospitals and clinics grows The Dubaibased company inaugurated a medical facility in Bahrain yesterday as it seeks to grow across the region We have focu..
A fire swept through a psychiatric clinic in a village in the Voronezh region south of Moscow late on Saturday killing 23 people Russia39s Investigative Committee said on Sunday Russia39s Emergencies Ministry said it had taken more than 270 people and 50 vehicles to deal with the blaze and police i..
Yihua Healthcare Co Ltd Says to acquire two medical firms for a combined 157 billion yuan 24314 million via cash reuterscom ..
Laboratory Corporation of America Holdings announced that it has entered into a definitive agreement to acquire substantially all of the operating assets of Pathology Inc including patient service centers used to conduct Pathology Incs medical testing and services business Pathology Inc is a leading..
Novo Nordisk and IBM Watson Health today announced that the two companies will work together to create diabetes solutions built on the Watson Health Cloud The agreement combines Novo Nordisks deep understanding of diabetes with IBMs leadership in cognitive computing The companies will explore possi..
CareFusion a BD company today announced the US Food and Drug Administration FDA has cleared two 510ks for its spine augmentation devices The new 13gauge AVAmax Vertebral Balloon system expands the company39s offerings in devices to treat vertebral compression fractures The balloon fits down a 13gau..
Mauna Kea Technologies SA signs multiyear global marketing partnership for endomicroscopy in urology with Cook Medical Cook Medical will commercialize a privatelabeled version of Cellvizio for urologic applications Planned launch in North America Western Europe and China in the first half of 2016 ..
TPG Growth acquires Actis stake in Asiri Hospitals Group Announced the acquisition of a 28 pct stake in Asiri Hospital Holdings from Actis Asiri has a network of four hospitals with about 570 beds representing about 30 pct of the nation39s private sector capacity with significant expansion underwa..
AmeriHealth Caritas Iowa a Medicaid managed care health plan that will serve Iowa Medicaid beneficiaries as part of the states new IA Health Link program beginning January 2016 and Optimae Life Services a provider of health and human services for individuals with disabilities and mental illness in ..
DiaGenomi and biotech consulting firm Healthcare Economics have formed a joint venture to bring DiaGenomi39s pathologyassisted MyRisq genetic tests to the North American market the companies said today DiaGenomi which has offices in the UK and in Slovenia offers a number of tests that combine DNA a..
Phoenix Childrens Hospital broke ground today on a 60 million project that will include a 40 million emergency department and a Level 1 pediatric trauma center The center will accommodate 100000 patients up from PCHs existing capacity of 22000 patients More than 83000 patients walked through the d..
Roche announced regulatory clearance to finalize acquisition of Kapa Biosystems Inc Kapa a privatelyheld company headquartered in Wilmington Massachusetts US Kapa Biosystems is a provider of genomic tools in the life sciences sector that employs proprietary technologies to optimize enzymes for nextg..
Hengkang Medical Group Co Ltd says plans to invest 100 million yuan 1559 millionto set up hospital in Sichuan province Says plans to acquire 30 percent stake in hospital operator for 2155 million yuan reuterscom ..
Technimark a global manufacturer of custom rigid plastic packaging and components today announced its acquisition of Ci Medical Technologies a specialty medical component manufacturer headquartered in Latrobe Pennsylvania from Altaris Capital Partners Purchase price was not disclosed Ci Medical spe..
MedAssets Inc and Medical Simulation Corporation MSC a Denverbased healthcare performance improvement solutions company announced today that they have entered into a joint marketing agreement wherein MedAssets and MSC will provide MSC39s solutions to hospital customers served by MedAssets starting ..
Comfort Medical LLC announced its acquisition of Medical Direct Club LLC the third largest directtoconsumer supplier of urological catheters and supplies in the US This acquisition further strengthens Comfort Medical39s position as the nation39s leading mailorder provider of urological and ostomy s..
MD Medical Group Investments Plc announces the proposed acquisition of 100 percent shares in ARTMedGroup AMG a chain of reproductive technology centres for 485 million roubles 707 million AMG comprises four centres in Siberia39s largest cities Krasnoyarsk Omsk Novosibirsk and Barnaul with a total..
Skanska says buyers are three skanska pension funds Skanska divests hospitals in london UK for GBP 80 m about SEK 1 billion Skanska ab says sold its investment in hospitals st bartholomew39s hospital and royal london hospital both in london uk for gbp 80 m about sek 1 billion Skanska ab says tran..