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Mylan, Pfizer partner to develop and market generic drugs in Japan

Pfizer Inc. and Mylan Inc. today announced that they have signed a definitive agreement to establish an exclusive long-term strategic collaboration to develop, manufacture, distribute and market generic drugs in Japan. The collaboration is designed to build upon each company's highly complementary strengths and quality assets.

23 Aug 2012

EMD Millipore enters definitive agreement to acquire Biochrom

EMD Millipore, the Life Science division of Merck KGaA of Darmstadt, Germany, today announced that it has entered into definitive agreements to acquire Biochrom AG located in Berlin, Germany.

From Biochrom Ltd. 23 Aug 2012

Health Care REIT to acquire all outstanding common stock of Sunrise Senior Living

Sunrise Senior Living, Inc. announced today that it has entered into a definitive merger agreement under which Health Care REIT, Inc. will acquire all of the outstanding common stock of Sunrise for $14.50 per share in an all-cash transaction.

23 Aug 2012

Aetna acquires additional stake in Medicare and Medicaid business

Aetna announced Monday plans to acquire Bethesda-based Coventry Health Care in a deal valued at $5.7 billion, part of the managed-care giant's effort to beef up its Medicare and Medicaid programs. The purchase comes as insurance companies race to position themselves for a broad expansion of health-care coverage slated to take effect in 2014, following the Supreme Court's decision to uphold the comprehensive reforms supported by the Obama administration.

22 Aug 2012

Physicians' Capital Markets, PCI announce strategic initiative with EDGE-CM

Physicians' Capital Investments, LLC (PCI), a leader in medical real estate development and medical investment solutions, Physicians' Capital Markets, LLC (PCM), a leader in innovative capital formation solutions, are pleased to announce a strategic initiative with EDGE Realty Capital Markets (EDGE-CM), experts in property disposition.

22 Aug 2012

AIDS Healthcare Foundation announces acquisition of MOMS Pharmacy

AIDS Healthcare Foundation (AHF), the largest nonprofit global HIV/AIDS organization, today announced that it has acquired MOMS Pharmacy, a specialty pharmacy focused exclusively on providing medications and support services to people living with HIV/AIDS.

21 Aug 2012

Declining rates of circumcision in US infant males could add billions to health care costs

A team of disease experts and health economists at Johns Hopkins warns that steadily declining rates of U.S. infant male circumcision could add more than $4.4 billion in avoidable health care costs if rates over the next decade drop to levels now seen in Europe.

21 Aug 2012

Siemens, Arkansas complete $10M agreement for Soarian health IT solution

Siemens recently completed a 10-year, $10 million agreement, which included $4.8 million of financing, with Arkansas Heart Hospital for the acquisition and implementation of the Soarian® healthcare information technology (IT) solution.

From Siemens Healthineers 21 Aug 2012

Aetna to buy Coventry Health for $5.7B

Aetna is joining the post-health law insurer purchasing fray and buying Coventry Health for a proposed $5.7 billion to increase its Medicaid business.

20 Aug 2012

Universal health coverage achieved by Mexico in less than a decade

Mexico has achieved universal health coverage in less than ten years, with more than 50 million previously uninsured Mexicans enrolling on a public medical insurance scheme since 2004.

16 Aug 2012

Thomson Reuters welcomes GenoSpace to Life Sciences Partner Ecosystem

The Intellectual Property & Science business of Thomson Reuters, the world's leading provider of intelligent information for businesses and professionals, today announced that GenoSpace joined its Life Sciences Partner Ecosystem.

16 Aug 2012

Quintiles acquires premier provider of genomics testing and analysis

To help biopharmaceutical companies dramatically improve drug development productivity and deliver greater value, Quintiles today announced the acquisition of Expression Analysis, Inc. (EA), a premier provider of genomics testing and analysis to biopharma, academic, government and non-profit customers.

13 Aug 2012

Verastem second quarter net loss increases to $6.8 million

Verastem, Inc., a biopharmaceutical company focused on discovering and developing drugs to treat breast and other cancers by targeting cancer stem cells, today reported financial results for the quarter ended June 30, 2012, and also commented on certain corporate accomplishments and plans.

13 Aug 2012

SAIC acquires maxIT Healthcare

Science Applications International Corporation (SAIC) today announced it has completed the acquisition of maxIT Healthcare Holdings, Inc., a leading healthcare IT (Information Technology) consulting firm based in Westfield, Ind.

13 Aug 2012

Taro, Sun Pharma enter merger agreement

Sun Pharmaceutical Industries Ltd. and Taro Pharmaceutical Industries Ltd. announced today that they have entered into a merger agreement together with certain affiliates of Sun Pharma.

13 Aug 2012

Bristol-Myers Squibb completes acquisition of Amylin

Bristol-Myers Squibb Company and AstraZeneca announced that following the successful completion of the acquisition of Amylin Pharmaceuticals by Bristol-Myers Squibb, AstraZeneca has made an initial payment of approximately $3.2 billion to Amylin Pharmaceuticals, now a wholly-owned subsidiary of Bristol-Myers Squibb.

10 Aug 2012

Trauma: spending more money doesn’t translate to higher survival rates

A large-scale review of national patient records reveals that although survival rates are the same, the cost of treating trauma patients in the western United States is 33 percent higher than the bill for treating similarly injured patients in the Northeast. Overall, treatment costs were lower in the Northeast than anywhere in the United States.

10 Aug 2012

Provista, Physician Strategy Group at USPI partner to deliver supply chain services

United Surgical Partners International's (USPI) Physician Strategy Group (PSG) and Provista, LLC announced today that they are working together to deliver supply chain services to over 9,000 physician customers who perform procedures at surgical facilities centers operated by USPI. The program, called Purchasing Plus, is expected to help those physicians save 10-15% on supplies, services, and capital equipment.

9 Aug 2012

PAREXEL board approves stock repurchase program

PAREXEL International Corporation announced today that its Board of Directors has approved a stock repurchase program authorizing the repurchase of up to $200 million of the Company's common stock, subject to the consent of the Company's lenders.

From Parexel 9 Aug 2012

Technology for assessing Bradykinesia response to novel therapies in Parkinson’s Disease to be developed by Great Lakes NeuroTechnologies

Great Lakes NeuroTechnologies announced today that they have received $1.5 million in funding to commercialize a technology for Parkinson’s disease (PD) patients that will better assess motor symptoms in response to new deep brain stimulation (DBS) and pharmaceutical therapies.

8 Aug 2012