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Designer Babies of a New Generation
‘Designer babies’ refers to children that have been genetically engineered in the womb to have the most desirable traits. With the advent of extended embryo …
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Reckitt Benckiser to Acquire Mead Johnson in $16.7 Billion Deal
Reckitt Benckiser is the parent company of various types of products, right from facial scrubs to toilet cleaners. This FTSE 100 consumer goods joint …
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Theranos Lays Off 43% Employees Due To Closure Of Clinical Labs
The blood-testing company Theranos is apparently undergoing some major changes. The Founder and CEO, Elizabeth Holmes made an announcement highlighting some dramatic changes in …
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Unilever plans to buy Jessica Alba’s organic Honest Company
Hollywood celebrity Jessica Alba co-founded the Honest Company in 2011 along with Brian Lee. In recent weeks, this company has become a highly anticipated …
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German Company Bayer to Create A Massive Seeds and Pesticides Sector
German company Bayer has been capable enough to triumph over U.S. seeds firm Monsanto. There exists an improved takeover offer of around $66 billion …
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Alphabet’s Verily and Sanofi Collaborate in a Million Dollar Diabetes Mission
Nearly 400 million people are suffering from diabetes making it one of the most widespread diseases in the world. Without proper treatment or substantial …
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Will Artificial Intelligence Defeat Cancer?
Cancer, the single most feared diagnosis imaginable, is being tackled by some of the biggest companies in the world using the most formidable weapon: …
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Scandal Struck Theranos’ Elizabeth Holmes Is Banned From Running Labs
Two years ago, an article published in a leading business magazine, compared Theranos’ Elizabeth Holmes to the visionary Steve Jobs. Her sartorial choice of …
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Apple Releases Carekit Platform with Four Health Apps
Apple announced the release of Carekit, mobile software framework that lets developers create iPhone apps that people can use to easily monitor and manage …
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Google joins the fight against Zika Virus with UNICEF
The World Health Organization has declared the Zika virus as a global health emergency. The virus continues to spread across South America and far …
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Pfizer Inc reportedly merges with Allergan in a $150 billion deal
Pfizer Inc and Allergan PLC plan to announce a blockbuster merger deal worth more than $150 billion as early as Monday. The deal will …
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Pfizer CEO Ian Read eager to court his company with ‘Botox Maker’ Allergan!
Pharmaceutical behemoth Pfizer has reportedly been in talks for acquisition of Allergan, which could be touted as the biggest acquisition of the year. This …
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Walgreens Boots Alliance to buy Rite Aid in deal valued at $17.2 billion
Pharmacy giant Walgreens Boots Alliance said on Tuesday that it will buy rival Rite Aid that would further expand the company’s role in the distribution of …
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Capital One Acquires GE Healthcare Financial Business For About $9 Bn
Capital One Financial Corp. agreed to acquire the health care lending business of General Electric Capital Corp. for about $9 billion, marking a new …
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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 …
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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 …
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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 …
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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 …
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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 …
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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, …
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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. …
