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He has submitted his resignation and will effective at the end of March. I can guarantee this is not a fun job right now with the recalls and all the issues the DePuy division has faced. He’s an executive in charge of running a failing implant division, and personally he did not create the units...
Posted to
The Medical Quack .... by Barbara Duck
by
The Medical Quack
on
Sat, Mar 5 2011
Filed under:
Filed under: Medically Related, Pharma/FDA News, Surgery, FDA, Johnson and Johnson, Orthopedics, Implants, Mergers and Acquisitions, knee, Depuy, hip, Smith & Nephew
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The software company has been around in the UK for a number of years and when you go to the website you can see where last year they were the winner of the Public Sector contest for Microsoft Partner of the Year for 2010. McKesson uses Microsoft technologies as well so perhaps a way to expand into...
Posted to
The Medical Quack .... by Barbara Duck
by
The Medical Quack
on
Thu, Mar 3 2011
Filed under:
Filed under: Medically Related, Technology, microsoft, Medical Records, Health IT, McKesson, Hospitals, software, NHS, Mergers and Acquisitions
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As you can see from the image below the company has a melanoma drug about ready to submit for on approval and they are working with Roche (Genentech) for the marketing. The skin cancer drug helps sustain life and is an oral medication taken. Daiichi Sankyo is located in Japan and for the...
Posted to
The Medical Quack .... by Barbara Duck
by
The Medical Quack
on
Tue, Mar 1 2011
Filed under:
Filed under: Medically Related, Pharma/FDA News, Biotech, Cancer, FDA, Oncology, Doctors, Japan, melanoma, Mergers and Acquisitions, Daiichi Sankyo, Plexxikon
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This acquisition makes for the largest healthcare REIT deal. Not only are we seeing acquisitions and mergers in the technology side of healthcare, but real estate seems to be the next big target area. One item for sure is that there are many of us baby boomers out there and companies seem...
Posted to
The Medical Quack .... by Barbara Duck
by
The Medical Quack
on
Tue, Mar 1 2011
Filed under:
Filed under: Medically Related, Other Items of Interest, healthcare, Nursing Homes, Seniors, Real Estate, Mergers and Acquisitions, Nationwide Health Properties, assisted living, Ventas, senior housing
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This is something that is long over due. With all the mergers and acquisitions that have occurred in the last 2 years, the companies are not the same in structure and subsidiaries as they were just a few years ago. Not only do we have subsidiaries putting money to the bottom line profits...
Posted to
The Medical Quack .... by Barbara Duck
by
The Medical Quack
on
Tue, Mar 1 2011
Filed under:
Filed under: Medically Related, Insurance, My Commentaries, healthcare, medicare, Congress, Business Intelligence, Fraud, Data, Profits, Mergers and Acquisitions, subsidiary watch, relationships, conflicts of interest
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This Merck division was only created about a year ago and Fujifilm is a recent addition to the biotech market with the purchase of another chemical company last year. As mergers and acquisitions go with the use of business intelligence, companies are aligning themselves with “like” or similar technologies...
Posted to
The Medical Quack .... by Barbara Duck
by
The Medical Quack
on
Mon, Feb 28 2011
Filed under:
Filed under: Medically Related, Technology, Pharma/FDA News, Biotech, Merck, Heatlhcare, Profits, Mergers and Acquisitions, film medical imaging, Fujifilm
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This is one way to get technologies collaborating, buyouts. think this year at HIMMS probably data aggregation and finance were the most popular, at least with the the exhibitors. Here’ we have Harris who is doing work for the Florida HIE move and has other government contract purchasing...
Posted to
The Medical Quack .... by Barbara Duck
by
The Medical Quack
on
Mon, Feb 28 2011
Filed under:
Filed under: Medically Related, Technology, Medical Records, Health IT, Hospitals, HIE, Mergers and Acquisitions, Data Aggregation, government contracts, CareFX, Harris
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This acquisition has been in the news since I believe last August with board rejections and now it appears it has finally resolved and Genzyme will be purchased by Sanofi. This is a huge price tag at $20 Billion. You may or may not be familiar with Genzyme but back in 2009 they were in the...
Posted to
The Medical Quack .... by Barbara Duck
by
The Medical Quack
on
Wed, Feb 16 2011
Filed under:
Filed under: Medically Related, Pharma/FDA News, drugs, healthcare, Pharma, Biotech, Massachusetts, Mergers and Acquisitions, Sanofi-Aventis, Genzyme, research and development collaboration
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Once approved by the board the company will become private and no longer traded on the New York Stock Exchange. The 2 subsidiaries include a couple major emergency service ambulance companies in the US. How big is private equity investing in healthcare? Here’s a post from March of 2010...
Posted to
The Medical Quack .... by Barbara Duck
by
The Medical Quack
on
Tue, Feb 15 2011
Filed under:
Filed under: Medically Related, Insurance, Other Items of Interest, healthcare, Hospitals, Ambulance, Mergers and Acquisitions, Contracts, paramedics, emergency services, private equity, American Response, Dubilier & Rice, EmCare, Clayton
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Here we go with more mergers and acquisitions and it’s getting hard to keep up with all the action at times. Back in August of 2010 Kindred purchased 5 hospitals in southern California and 3 nursing home centers. Falling health-care reimbursement rates were cited as part of the reason for...
Posted to
The Medical Quack .... by Barbara Duck
by
The Medical Quack
on
Tue, Feb 8 2011
Filed under:
Filed under: Medically Related, Insurance, Other Items of Interest, Hospitals, Budgets, Finances, Mergers and Acquisitions, Rehab, Kindred, Vista Healthcare, Rehab Group, southern acute care
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Danaher is a conglomerate of companies that have four basic groups. From the website: “Danaher’s business activities encompass four reporting segments and are comprised of seven strategic platforms: Medical Technologies (Life Sciences & Diagnostics and Dental), Professional Instrumentation...
Posted to
The Medical Quack .... by Barbara Duck
by
The Medical Quack
on
Mon, Feb 7 2011
Filed under:
Filed under: Medically Related, Technology, Pharma/FDA News, DNA, healthcare, Biotech, Business Intelligence, software, Code, Algorithms, Mergers and Acquisitions, data warehouse, Beckman Coulter, Beckman, Danaher
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Last year Home Diagnostics was sold to Nipro Corporation and the case here involves alleged information being given out before the transactions took place and of course there were those who benefited financially. The press release was from June of 2010 and you can read the archive here. ...
Posted to
The Medical Quack .... by Barbara Duck
by
The Medical Quack
on
Mon, Feb 7 2011
Filed under:
Filed under: Medically Related, Other Items of Interest, My Commentaries, healthcare, CEO, Medical Devices, FDA, Diabetes, Glucose, Blood samples, Insider Trading, Profits, Mergers and Acquisitions, SEC, Nirpo, Home Diagnostics
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The press release stated both have signed a letter of understanding to explore the benefits of merging and this is not a final decisions as algorithms will need to be run to make sure the 2 are compatible and that everything else jives along the way. BD About 6 months ago Harvard Pilgrim Health...
Posted to
The Medical Quack .... by Barbara Duck
by
The Medical Quack
on
Wed, Jan 26 2011
Filed under:
Filed under: Medically Related, Insurance, healthcare, health insurance, Hospitals, Boston, premiums, Mergers and Acquisitions, Pilgrim Healthcare, Tufts Healthcare
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Just a couple weeks ago, Amgen contracted with Boehringer Ingelheim to take over their Fremont, California location so all employees will now report to Boehringer Ingelheim, which has it headquarters in Germany. BioVex is working on a new approach to treating melanoma and head and neck cancer and...
Posted to
The Medical Quack .... by Barbara Duck
by
The Medical Quack
on
Tue, Jan 25 2011
Filed under:
Filed under: Medically Related, Pharma/FDA News, Pharma, Biotech, Cancer, clinical trials, Amgen, Vaccine, Mergers and Acquisitions, stock, transactions, head cancer, melinoma, BioVex, biotechnology
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In case you missed the news, record profits again were maintained by United for the year and the 4th quarter. The Ingenix division is the group that runs all the business intelligence analysis programs and creates software, in other words they write the algorithms. UnitedHealth Group...
Posted to
The Medical Quack .... by Barbara Duck
by
The Medical Quack
on
Fri, Jan 21 2011
Filed under:
Filed under: Medically Related, Insurance, health insurance, Health IT, clinical trials, Life Sciences, Algorithms, Mergers and Acquisitions, Ingenix, inVentiv Health, consulting, Innovus