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Baxter to acquire Synovis

Baxter International Inc. and Synovis Life Technologies, Inc. today announced a definitive agreement for Baxter to acquire Synovis, a leading provider of biological and mechanical products for soft tissue repair used in a variety of surgical procedures.

From Baxter International Inc. 14 Dec 2011

ImmusanT secures $20M in Series A financing

ImmusanT, Inc. announced today it has raised $20 million in Series A financing from Vatera Healthcare Partners LLC to advance development of the biotechnology company's immunotherapeutic vaccine Nexvax2, companion diagnostic and monitoring tool for celiac disease.

14 Dec 2011

Quintiles launches Kun Tuo to service unique needs of biopharma companies in China

Further deepening its commitment to China, Quintiles today announced the launch of Kun Tuo, a local contract research organization (CRO) built to service the unique needs of the Chinese biopharmaceutical industry and multinational biopharma companies operating in China.

13 Dec 2011

Supply chain map could help improve access to anti-malarial drugs

The problems of archaic logistics infrastructure, inefficient distribution channels and disruptive black markets must all be addressed urgently if Africa is to cope with the growing problem of malaria, according to a study published in the International Journal of Logistics Systems and Management.

13 Dec 2011

PDL corrects earlier-announced adjusted conversion rates for two Notes

PDL BioPharma, Inc. (PDL) today corrected its earlier-announced adjusted conversion rate for its: 2.875% Convertible Senior Notes due February 15, 2015 (February 2015 Notes), to 155.396 shares of common stock per $1,000 principal amount, reflecting a conversion price of approximately $6.44 per share, effective December 9, 2011.

12 Dec 2011

Rainbow Biosciences signs letter of intent to form new joint venture with n3D

Rainbow Biosciences, a division of Rainbow Coral Corp. announced today that it signed a letter of intent to acquire or form a new joint venture with cutting-edge biotech firm n3D Biosciences, Inc.

12 Dec 2011

ICON agrees to acquire BeijingWits

ICON plc, a global provider of outsourced development services to the pharmaceutical, biotechnology and medical device industries, today announced that it has agreed, subject to closing conditions, to acquire BeijingWits Medical Consulting Ltd., a leading CRO in China.

12 Dec 2011

QSI enters agreement to acquire ViaTrack

Quality Systems, Inc., a leading provider of healthcare information systems and connectivity solutions, today announced that it has entered into an agreement to acquire ViaTrack Systems, a developer and provider of information technologies that enhance electronic data interchange (EDI) offerings.

12 Dec 2011

Exact Sciences completes underwritten public offering of common stock

Exact Sciences Corp. today announced that it has completed its previously announced underwritten public offering of its common stock at a price of $8.00 per share to the public.

12 Dec 2011

Cubist, Adolor announce results of initial tender offer

Cubist Pharmaceuticals, Inc. and Adolor Corporation today announced the results of Cubist's initial tender offer to purchase all of the outstanding shares of common stock of Adolor.

8 Dec 2011

OUP announces acquisition of two journal titles from Preston Publications

Oxford University Press (OUP) is pleased to announce the acquisition of two titles, Journal of Analytical Toxicology (JAT) and Journal of Chromatographic Science (JCS), from Preston Publications, in a transaction managed by DeSilva+Phillips.

8 Dec 2011

Senators say burden on Express Scripts and Medco to show merger would benefit consumers, competition

Sen. Herb Kohl on Tuesday told Express Scripts and Medco executives that the burden was "squarely" on them to show that their proposed $29 billion merger would benefit consumers and competition, not just the corporate bottom line.

8 Dec 2011

Business of Health: Iowa companies merging, 'rapid' growth for Mass. for-profit chain

In Iowa, two nonprofit nursing services are joining, and in Mass., Steward Health Care System's growth is worrying community hospitals.

7 Dec 2011

Landauer fourth quarter revenue increases 5.3% to $120.5 million

Landauer, Inc., a recognized leader in personal and environmental radiation monitoring, outsourced medical physics services and high quality medical consumable accessories, today reported financial results for its fiscal 2011 fourth quarter and year ended September 30, 2011.

6 Dec 2011

MSD establishes Asia Research & Development headquarters in Beijing

Merck & Co., Inc., known as MSD outside the United States and Canada, today announced the establishment of an Asia Research & Development (R&D) headquarters for innovative drug discovery and development located in Beijing, China.

6 Dec 2011

Tyco International acquires Visonic

Tyco International Ltd. announced today that the company has completed the acquisition of Visonic Ltd., a global developer and manufacturer of electronic security systems and components, for approximately $100 million in cash. The acquisition was first announced on September 15, 2011.

6 Dec 2011

Roche signs agreement to acquire Verum Diagnostica

Roche announced today that it has signed an agreement under which it will acquire 100 percent of Verum Diagnostica GmbH, based in Munich, Germany.

From Roche Sequencing and Life Science 6 Dec 2011

MRG releases 2012 report on European markets for large-joint reconstructive implants

According to Millennium Research Group (MRG), the global authority on medical technology market intelligence, the European market for large-joint reconstructive implants will grow moderately through 2016.

5 Dec 2011

Wolters Kluwer Health announces acquisition of STM journal publisher in India, Medknow

Wolters Kluwer Health today announced that it has acquired Medknow PVT Ltd., a leading Scientific, Technical & Medical (STM) journal publishing operation headquartered in Mumbai, India and one of the largest open access publishers in the world.

5 Dec 2011

Unigene acquires exclusive worldwide rights to oral PTH program from GSK

Unigene Laboratories, Inc. today announced that the Company terminated its amended and restated exclusive worldwide license agreement and related development services and clinical supply agreement with GlaxoSmithKline (GSK) pertaining to an oral formulation of a recombinantly produced parathyroid hormone (PTH) analog for the treatment of osteoporosis in postmenopausal women.

5 Dec 2011