Healthcare Health/Fitness

Private equity-backed Ikaria up for sale for over USD2 billion - sources

Owners of drug firm Ikaria had started working with banks on the possibility of selling the company.


Doctor, hospital search tools remains unavailable in California's insurance exchange

The doctor and hospital insurance exchange tools were still not available on California's new insurance exchange marketplace.

Acino set to be purchased by Avista and Nordic Capital

The price of CHF398 million or USD439 million was paid by hedge fund firms Avista and Nordic Capital for Acino Holding.

Merck to cut 8,500 jobs

Merck & Co. decided to cut its annual spending by USD2.5 billion and eliminate more than 10% of its global workers.


Latest News

In the latest Series B funding round for Evolent, the amount raised USD100 million. Evolent Health had announced the completion of a USD100 million Series B funding round.
GSK had agreed to put its thromobosis drugs on sale to Aspen Pharmacare with proceeds to be used for general corporate purposes.
Blackstone Group had been in advanced talks with Bain Capital regarding the sale of 13.09% of its stake in Emcure Pharmaceuticals valued USD100 million.
State officials who would be managing "Obamacare's" healthcare insurance said they are confident that they would still be able to access funds in the event of a government shutdown.
Existing investors gave USD 21 million equity and debt financing to Inotek Pharmaceuticals. Inotek Pharmaceuticals Corp received USD 21 million in equity and debt financing from various private equity firms.
In a joint statement, Panasonic Healthcare Co would be sold to KKR & Co for JPY165 billion. According to a joint statement, a wholly owned subsidiary of KKR & Co would be buying the healthcare business of Panasonic Corp in a deal worth JPY165 billion.
Porvair purchases Thomas Cain and forges deal with Thermo Electron. Filtration and environmental technology group Porvair Plc have announced last Thursday the acquisition of Thomas Cain Inc.
The executive council had earmarked funds for construction of hospitals and roads in Abu Dhabi. The executive council of Abu Dhabi last Wednesday approved funds worth AED15.
Health Management Association is reviewing the takeover bid offered by Community Health Systems. The new board of directors of Health Management Associates Inc had hired financial advisers to review the USD3.
Orthopedic devices seller Stryker Corp announced that it had agreed to acquire Mako Surgical Corp for USD 1.65 billion.
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