GlaxoSmithKline Plc's 20% increase in sales was currently in focus due to Public Security Ministry's accusations on bribery and sexual favors.
Healthcare Health/Fitness
Elevate Ventures provides Curvo with US $50, 000 investment
Private venture development company Elevate Ventures shelled out US $50,000 in favor of Curvo to fund the company’s early-stage activities.
Zacks: Health insurance is “thriving under stress”
According to Zacks, the health insurance industry is “thriving under stress”. The health insurance industry was "thriving under stress," according to Zacks.
Agios says it wants to raise capital through an IPO
Agios Pharmaceuticals Inc. revealed details for its market debut. Agios Pharmaceuticals Inc. revealed its projected terms of the company's initial public offering to enhance its capital.
Private equity firm to help biotech company become world's largest
Water Street Healthcare Partners announced that they have invested US$50 million in RTI Biologics to help it acquire Pioneer Surgical Technology.
Latest News
Cipla acquired Cipla Medpro South Africa. Cipla Medpro South Africa was delisted from the Johannesburg Stock Exchange as of July 16, 2013. This was after Cipla completed its acquisition of the company for US$512 million.
Source BioScience was reported to place an offer for Vindon. The board of Vindon has confirmed that talks with the board of Source BioScience are at an advanced stage.
KRG Capital Partners, through its Vention Medical unit, acquired RiverTech Medical enhancing its presence in the healthcare industry.
MedImpact acquired ScriptSave and its co-pay system to help the firm improve its services. MedImpact Healthcare Systems, Inc. , the United State's biggest privately held supplier of pharmacy benefit management services, announced acquisition of Medical Security Card Company's ScriptSave from Charlie Horn, its founder, and private equity investor, Monitor Clipper Partners.
Abbott Laboratories would purchase Idev Technologies and OptiMedica Corp. for around US$560 million as it expands its device offerings.
Cannabis Technologies announced its new joint venture partnership with Vertigo Technologies LLC. Cannabis Technologies announced its new joint venture partnership with Vertigo Technologies LLC.
Loblaw Cos Ltd. would buy Shoppers Drug Mart Corp for US$11.9 billion so that it could create a retail giant.
Amphivena Therapeutics Inc. successfully completed a US$14 million equity. Separately, the company signs an agreement with Janssen Biotech Inc for exclusive rights for acquisition.
Roselabs executives expressed their desire to raise US$21 million to help in their expansion plans. Roselabs Ltd revealed plans to raise around US$21 million through private equity funding to expand its operations.
