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Healthcare & Pharmaceutical

Capital One Financial Corp. agreed to acquire the health care lending business of General Electric Capital Corp. for about $9 billion, marking a new …

IBM purchasing Merge Healthcare could change the face of the U.S. health management

IBM’s courtship with Watson goes on. The tech behemoth has announced a great deal; it will purchase Merge Healthcare by $1 billion. Merge Healthcare …

Adidas acquires fitness tracking app maker Runtastic for $240 million

German athletic company Adidas has acquired Austria-based fitness app maker Runtastic at an enterprise value of $240 million. Adidas acquired the company from its …

Aetna, Humana Acquisition Deal on a Fast Track

Aetna is almost close to an agreement to buy its rival Humana for about $34 billion. On Thursday, people familiar with the matter briefed …

Biogen Pays $124 Million to Develop Gene-Based Therapies

On Thursday, Biogen Inc. will enter into the area of eye-disease treatment by paying Applied Genetic Technologies Corp. (AGTC) about $124 million for licensing …

China to Get Cut-Price Supplies of GlaxoSmithKline’s New HIV Drug

China will get cut-price supplies of GlaxoSmithKline’s new HIV drug Tivicay, after an accord for a Shanghai-based – Desano Pharmaceuticals to turn into an …

Electrical Therapies Will Be Used To Treat Deadly Diseases

Envision a world where our deadly diseases are treated using electrical therapies, rather than pills or chemo. The reality is very near to us, …

Sandoz launches the 1st version of multiple sclerosis drugs in US

Novartis International AG/ Sandoz reports US launch of Glatopa(TM), the first generic contender to Copaxone(R) 20mg. Processed and transmitted by NASDAQ OMX Corporate Solutions. …

Google is working on an application that will scan food images and count calories that are present in the food. It is developed using …

lifeIMAGE Drives $17.5 Million to Increase Medical Imaging Network Capabilities

Today, a Newton-based, lifeIMAGE company raised a fresh financing round to expand and increase the breadth of medical imaging network capabilities. lifeIMAGE is the …

Cyberattack affects 1.1m CareFirst Customers

CareFirst, Blue Cross Blue Shield, announced on Wednesday, that the health insurer suffered a cyber-attack in June. It revealed that data breach could impact …

UnitedHealth Group to acquire Catamaran in a $12.8 billion deal

Health insurer UnitedHealth Group Inc. has announced that it has reached an agreement to purchase Catamaran Corp in a deal worth about $12.8 billion …

Roche Sales Promise Solid Growth, Pumped by Cancer Drugs

Swiss drug-maker Roche Holding AG on Thursday revealed a 2 percent rise in its third-quarter sales, pumped by strong demand for its cancer drugs …

China Slaps $500M Fine on GlaxoSmithKline for Bribery

China has fined British pharmaceutical giant GlaxoSmithKline $491.5 million after a Chinese court found its subsidiary in the country guilty of bribing non-government staff. …

Cognizant Snaps Up TriZetto for $2.7B to Expand Healthcare IT

Cognizant Technology Solutions Corp in one of its biggest deals on Monday, agreed to acquire healthcare IT company TriZetto Corp for $2.7 billion in …

CVS stops tobacco sales, launches quit-smoking programs

With its mission to promote health care, the nation’s second-largest drugstore chain CVS will halt tobacco sales in all of its stores starting Wednesday. …

Genesis and Skilled HealthCare Group Merge, Create $5.5 Billion Giant

Skilled HealthCare Group Inc announced on Monday, that it has signed a definitive agreement to combine with privately held Genesis HealthCare Corp. in an …

Kroger Acquires Vitacost For $280 Million To Bolster Its Internet Retailing

Cincinnati-based grocery giant Kroger Co. wants to beef up its online operations. The company announced on Wednesday that it would buy Vitacost.com Inc, online …

China’s Worsening Air Pollution Now Resembles Nuclear Winter

China’s record-breaking air pollution has potentially wreaked havoc on the country’s economy. Scientists here have cautioned that the country’s toxic air pollution is now so worse …

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