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NorthStar Healthcare announces acquisition of $875 million independent living portfolio

NorthStar Healthcare Income, Inc. , through a joint venture with NorthStar Realty Finance Corp., announced today the acquisition of an $875 million portfolio of independent living facilities (the Portfolio) from affiliates of Harvest Facility Holdings LP.

27 May 2015

EDC announces USD 67.5 M in financing for Valeant Pharmaceuticals

Export Development Canada today announced a previously disbursed USD 67.5 M in financing for Montreal's Valeant Pharmaceuticals International, Inc., Canada's largest multinational pharmaceutical company.

27 May 2015

AXT to distribute OpenSpecimen Biobanking software solution

Based on an open source platform designed by Krishagni Solutions, OpenSpecimen (formerly known as caTissue Plus) is currently used by a host of highly-respected research institutions across 12 countries where it manages biospecimens from collection to utilisation...

From AXT Pty Ltd 26 May 2015

Orthocell presents at Stem Cell and Regenerative Medicine Congress in London

Orthocell’s current and future approaches to the regeneration of tendon tissue were presented with particular focus on the recent breakthrough by the Company in demonstrating its new technology to grow human tendons outside of the body...

25 May 2015

TGen and Baylor partnership set to increase treatment options for cancer patients

The Translational Genomics Research Institute (TGen) and Baylor Research Institute (BRI) at Dallas today announce an agreement that will focus on accelerating early detection and treatments for patients with a broad range of cancers.

22 May 2015

Merus Labs International acquires rights to manufacture, market specialty pharmaceutical products in multiple countries

Merus Labs International Inc. is pleased to announce that one of its wholly owned subsidiaries has signed a definitive agreement to acquire the rights to manufacture, market, and sell two established specialty pharmaceutical products in certain European and other markets.

22 May 2015

Industry leaders meet at Frost & Sullivan's GIL 2015: Europe in London to learn, share new strategies for innovation

Between 2012 and 2014, over 70 companies globally valued at more than $1 billion were start-ups with new business models that were unique and transformative. During the same period, most business model innovators have managed to produce consistently profitable returns with average revenue gain between 100 and 500 percent. The keys to these success stories have been connectivity and convergence with 50 percent of new start-ups launched on mobile platforms.

22 May 2015

Hope For Heroes Foundation forms national alliance with USA Medical Card

Hope For Heroes Foundation today announced the formation of a groundbreaking national alliance with USA Medical Card, a leading provider of free pharmacy discount cards. The new nationwide initiative benefiting Hope For Heroes will help fund programs that empower independence for our nation's disabled military veterans, police, firemen, and EMS professionals, and will help more people afford their prescriptions.

21 May 2015

ABRY Partners signs definitive agreement to acquire FastMed Urgent Care

ABRY Partners, a leading private equity firm, today announced that it has entered into a definitive agreement to acquire FastMed Urgent Care, the second largest independent urgent care organization in the U.S. and the largest network in both North Carolina and Arizona. The transaction is expected to close in the second quarter.

21 May 2015

CVS Health enters into definitive agreement to acquire Omnicare

CVS Health Corporation and Omnicare, Inc. announced today that they have entered into a definitive agreement for CVS Health to acquire Omnicare, the leading provider of pharmacy services to long term care facilities, for $98.00 per share in cash, for a total enterprise value of approximately $12.7 billion, which includes approximately $2.3 billion in debt.

21 May 2015

Banook Group consolidates three subsidiaries under one unique name and brand

Banook Group, an international provider of cardiac safety, central imaging and endpoint adjudication services, today announces that its three subsidiaries will now be combined into one unique name and brand.

21 May 2015

Enterprise Therapeutics secures additional funding to accelerate drug discovery for treatment of respiratory diseases

ENTERPRISE THERAPEUTICS Ltd, a drug discovery company focused on new therapeutics for respiratory diseases, today announced that it has secured an additional £2.4m ($3.6m) in Series-A financing.

21 May 2015

In-house training solutions from PTI: save time and cost in upskilling staff

With course topics that include, but aren’t limited to, business strategy, clinical trials, manufacturing, R&D and regulatory affairs, PTI covers all aspects of the drug and device development lifecycle...

From Pharmaceutical Training International 20 May 2015

UK Medical Device Companies in the Spotlight at the Medilink UK Awards 2015

News-Medical.net was proud to sponsor this year’s Medilink UK Innovation Award. The Innovation Award was presented to The Learning Clinic for their VitalPAC Nurse software platform which is used to capture patient observations in real time...

20 May 2015

DWHP announces sale of Health & Safety Institute to Riverside

DW Healthcare Partners, a healthcare-focused private equity, announced the sale of its portfolio company, Health & Safety Institute, Inc., to The Riverside Company, a New York-based private equity firm. The terms of the transaction were not disclosed.

19 May 2015

DNAtrix signs agreement to utilize Alcyone's MEMS platform for direct drug delivery into glioblastoma

Alcyone Lifesciences, Inc., a leader in neural intervention systems for neurological conditions and targeted drug delivery, and DNAtrix Inc., a privately held biotechnology company and a leader in oncolytic virus therapy, have entered into an exclusive clinical collaboration. Under the agreement, DNAtrix will utilize Alcyone's MEMS Cannula (AMC) targeted delivery platform for the intratumoral delivery of DNX-2401, an oncolytic adenovirus and DNAtrix's lead product for the treatment of the most aggressive form of brain cancer, glioblastoma (GBM).

19 May 2015

OrthoSpace announces completion of financing transaction

OrthoSpace Ltd. announced today the completion of a financing transaction led by HealthpointCapital, LLC, which also includes existing investors Smith & Nephew and TriVentures.

19 May 2015

ORIG3N, LabCorp form strategic partnership

ORIG3N, Inc., a pioneer in regenerative medicine and provider of induced pluripotent stem cell (iPSC) storage, called LifeCapsule, today announced a strategic collaboration with Laboratory Corporation of America Holdings.

19 May 2015

U.K Ophthalmologists lead in treatment of wet AMD patients with Oraya therapy across europe

Oraya Therapy was introduced first in the U.K., followed by Switzerland and Germany. The therapy is intended as a one-time, non-invasive treatment that maintains vision with fewer anti-vascular endothelial growth factor (anti-VEGF) injections into the eye...

19 May 2015

University of Denver Announces Dual Law/Healthcare Degree

The University of Denver now offers a dual degree between the Sturm College of Law and University College, where students may earn a Juris Doctor and Master of Science in Healthcare Leadership...

19 May 2015