This section covers the managerial aspects in the Healthcare industry.
GE Healthcare Life Sciences continues to invest in Uppsala The company signs a twoyear collaboration agreement with Uppsala BIO The goal is to find technologies and equipment that support the production and processing of biopharmaceuticals in the future Although we are a large international company ..
DiaSorin SpA announced the completion of the transaction to acquire the Focus Diagnostics39 immunodiagnostic and molecular diagnostic products business Focus from Quest Diagnostics NYSE DGX initiated with a binding purchase agreement signed on March 29 2016 DiaSorin paid to Quest Diagnostics 300 mi..
Biosensors International Group Ltd Has entered into a strategic distribution agreement with Cardinal Health Under agreement cardinal health39s interventional vascular business to sell biosensors family of des in european countries Under agreement cardinal health39s interventional vascular business..
Main Line Health and Bryn Mawr Hospital officials Wednesday morning broke ground for the start of a 200 million expansion project that will add private patient rooms surgical units and operating rooms to the hospital that will be celebrating its 150th anniversary at about the same time the work is c..
A US judge on Thursday handed a victory to congressional Republicans who challenged President Barack Obama39s signature healthcare law ruling that his administration overstepped its constitutional powers relating to government spending US District Judge Rosemary Collyer based in Washington ruled th..
Biostage Says biostage currently expects to complete its ind filing by yearend 2016 Successfully Regenerates Esophagus In Groundbreaking PreClinical work with mayo clinic data provides 39proof of concept39 to seek fda approval for clinical trials Source reuterscom ..
Dubaibased emerging market investment fund Abraaj will spend up to 500 million in startup capital for a midtier hospital business in Africa tapping into demand from the continent39s emerging middle classes an executive said on Wednesday Abraaj partner Sev Vettivetpillai said the group was well on t..
Warburg Pincus a leading global private equity firm focused on growth investing today announced that an affiliate of the firm has completed an investment in UIB an emerging obstetrics gynecology OBGYN and pediatrics hospital chain in Shanghai UIB currently owns the UIB International Postpartum Care ..
A federal judge has ruled that two Pennsylvania hospital systems may proceed with a planned merger refusing to order a preliminary injunction sought by the Federal Trade Commission US District Judge John Jones of the US District Court for the Middle District of Pennsylvania on Monday said that the ..
The Illinois Health Facilities and Services Review Board on May 10 unanimously approved the University of Chicago Medicine39s application to expand access to emergency adult trauma and specialty care on the South Side With this regulatory approval UChicago Medicine can begin construction of a new a..
Epic Health Services Inc a portfolio company of Webster Capital and Dallasbased provider of pediatric skilled nursing therapy developmental enteral and respiratory services announced today that it has acquired Rehabilitation Associates Based in Virginia Beach Virginia Rehabilitation Associates is th..
Merit Medical Systems Inc Signed distribution deal with Piolax Medical Devices of Yokohama Japan for labyrinth noah micro guide wire Merit intends to begin registration procedures immediately with a goal of introduction in late 2016 Source reuterscom ..
Heritage Valley Health System today announced an innovative strategic alliance with GE Healthcare aimed to propel the health systems momentum of obtaining advanced medical equipment over the next 14 years Heritage Valley Health System and GE Healthcare entered an agreement that initially includes n..
Officials at the University of Chicago were going before a state review board on Tuesday seeking approval of their plan to add an adult trauma center and more patient beds to their medical center campus in Hyde Park The initial proposal called for three things a level one adult trauma center reloca..
The Ensign Group Inc the parent company of the Ensign group of skilled nursing rehabilitative care services home health care hospice care assisted living and urgent care companies announced today that Cornerstone Healthcare Inc Ensign39s home health and hospice portfolio subsidiary acquired the asse..
Instrumentation Laboratory announced the commercialization of their HemosIL Apixaban Testing Solution in Europe The HemosIL Liquid AntiXa assay when used in conjunction with HemosIL Apixaban Calibrators and Controls offers an automated solution for measurement of apixaban a direct oral anticoagulant..
Covenant Care today announced a significant expansion of its services with the acquisition of Pensacolabased Peoples Home Health a Medicarecertified home health provider serving Escambia Santa Rosa Okaloosa and Walton counties in Florida This transaction demonstrates Covenant Cares commitment to exp..
King Saud University is partnering with a Canadian company to establish the first public private collaboration in the health sector it has been reported The 1333m SAR500m hospital to be built within a years time will have a capacity for 120 beds cover all specialisations and earn King Saud Universi..
Abu Dhabiheadquartered hospital chain VPS Healthcare owned by radiologistturnedentrepreneur Shamsheer Vayalil soninlaw of Indiaborn Middle East tycoon M A Yusuf Ali is the latest to trigger consolidation moves in the domestic healthcare services sector VPS which has built 1billion revenue operations..
US health insurer Cigna Corp which is being bought by larger rival Anthem Inc ANTMN reported a betterthanexpected quarterly profit as more customers signed up for its Medicare Advantage business boosting premiums Memberships in Cigna39s government business which sells Medicare and Medicaid plans ro..