U.S. retail drugstore chain, CVS Health Corp. has recently won approval of a $69 billion acquisition of healthcare insurer Aetna, Inc. by the U.S. Department of Justice (DOJ), paving the way for a merger that can cut health care costs for consumers. Sources close to the matter suggest merger of …
Picosun Group, a leading supplier of high quality ALD (Atomic Layer Deposition) ultra-thin film coating technology, has recently unveiled its new PicoMEDICAL™ solution, specially designed for medical device manufacturers, further strengthening its position in the healthcare industry. Sources familiar with the knowledge of the matter claim that Picosun’s ALD technology …
ImaginAb, a California based immune and oncology imaging firm, has reportedly announced that it has signed a non-exclusive multi-year licensing collaboration with the New Jersey-based pharmaceutical company Merck & Company, Inc. As per the deal, Merck & Company, also known as Merck Sharp & Dohme (MSD) outside of Canada and …
Renowned Chinese tech giant Tencent has reportedly announced that it is teaming up with a British medical firm Medopad to diagnose Parkinson’s disease using artificial intelligence. Reports claim, the AI uses a camera to monitor the patient’s hand movements to determine the severity of the disease. Reportedly, the research team …
BlackBerry has reportedly announced new customer-driven projects and partnerships with an objective to transform the global delivery of patient care enabled by the Enterprise of Things (EoT). As per trusted sources, the announcement comes after the company introduced its flagship BlackBerry® Spark™ platform. Chief Executive Officer and Executive Chairman of …
The regenerative medicine firm Acell, Inc. has reportedly declared to published an article in the journal Regenerative Medicine titled ‘Comparison of in vivo remodeling of urinary bladder matrix and acellular dermal matrix in an ovine model’. As per trusted sources, the peer-reviewed publication compared the remodeling response and mechanical strength …
Pharmaceutical giant Eli Lilly and Co confirmed recently that the company’s new, two-in-one diabetes drug successfully lowered blood sugar and reduced weight in its trials. The announcement propelled Lilly’s shares to a record high whereas those of rival Novo Nordisk had dropped. Lilly’s innovative new drug is designed to target …
Ipsen, the French pharmaceutical company recently announced that it has joined the Biotechnology Innovation Organization, known for being the world’s largest organization representing the biotechnology industry including biotech centers and academic institutions. Ipsen has joined the global community in an attempt to improve patient experience as well as to propel …
Beverage giant PepsiCo is reportedly said to have joined the growing list of big companies with potential interest in producing cannabis-infused drinks. As per trusted sources, lately, cannabis-infused drinks seem to be the potential growth area for beverage companies that have been striving to boost sales. Hugh Johnston, Pepsico’s Chief …
Health Canada, the government department responsible for national public health, in its recent announcement unveiled that it has found the manufacturing site of Chinese drug Zhejiang Huahai Pharmaceuticals to be non-compliant with the requirements of GMPs (Good Manufacturing Practices). GMPs, for the record, are international standards that help ensure that …
