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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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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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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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Below are some of the highlights from the press release you can read in it’s entirety at the link at the bottom of the post. Profits were up from last year which came in at $1.58 Billion and basically people were not going to the doctor was one of the reasons cited for additional income this year...
Posted to
The Medical Quack .... by Barbara Duck
by
The Medical Quack
on
Thu, Jan 20 2011
Filed under:
Filed under: Medically Related, Insurance, My Commentaries, drugs, Medical Devices, FDA, Heatlhcare, China, Profits, Mergers and Acquisitions, Ingenix, i3, revenue, ChinaGate, itedHealthcare
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Smith and Nephew advertised this year that their knee can last up to 30 years, back in April as it was approved by the FDA. Of course we won’t really know until 29 years from now approximately if they do last that long and for that matter will stem cells and regenerative medicine come in to play...
Posted to
The Medical Quack .... by Barbara Duck
by
The Medical Quack
on
Mon, Jan 17 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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NovoLog users can avoid a price spike by switching to another insulin, Humalog per United Healthcare and this is all a shake up of a bidding/contract situation, so who ever comes in at the lower bid moves to the cheap spot at tier 1 and the other ends up at the top level at tier 3, but no tier 2 in the...
Posted to
The Medical Quack .... by Barbara Duck
by
The Medical Quack
on
Mon, Dec 6 2010
Filed under:
Filed under: Medically Related, Pharma/FDA News, drugs, Medical Devices, FDA, Diabetes, insulin, Heatlhcare, China, UnitedHealthcare, Mergers and Acquisitions, Ingenix, Formularies, tiers, i3, ChinaGate
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This is a pretty scary statement to all of us living in the US, although this has been in the news for years and this is especially crucial in healthcare, where we can’t seem to get our act together here in the US. While there are almost more speaking English in China than in the US, this kind...
Posted to
The Medical Quack .... by Barbara Duck
by
The Medical Quack
on
Thu, Nov 11 2010
Filed under:
Filed under: Medically Related, Other Items of Interest, drugs, Medical Devices, FDA, Heatlhcare, China, UnitedHealthcare, Mergers and Acquisitions, Ingenix, i3, ChinaGate
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Normally we go and see all the new electronics coming out and this year we have seen a huge blast of new devices in healthcare that not only are for consumers and their own use, but they also are now working with medical records systems that record and report data. This is the changing face of...
Posted to
The Medical Quack .... by Barbara Duck
by
The Medical Quack
on
Fri, Oct 29 2010
Filed under:
Filed under: Medically Related, Technology, Pharma/FDA News, Other Items of Interest, drugs, Medical Devices, FDA, Heatlhcare, China, UnitedHealthcare, Mergers and Acquisitions, Ingenix, i3, CES, devcies that report data, ChinaGate, healthh insurance
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This is big purchase and they are perhaps looking to anticipated reduced revenue once generic drugs for Lipitor come on line. We are seeing mergers and acquisitions all over healthcare. Below are some of the leading pain killers from King Pharma and the company also has quite a few other...
Posted to
The Medical Quack .... by Barbara Duck
by
The Medical Quack
on
Thu, Oct 14 2010
Filed under:
Filed under: Medically Related, Technology, Pharma/FDA News, drugs, healthcare, Pharma, FDA, Pfizer, Mergers and Acquisitions, pain killers, King Pharmaceuticals
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Johnson and Johnson buys another catheter company with some different technologies. We are starting to see quite a bit of this today with major companies buying smaller companies rather than building the technology in house. Hopefully this company is set on their patents so we don’t have...
Posted to
The Medical Quack .... by Barbara Duck
by
The Medical Quack
on
Mon, Jul 12 2010
Filed under:
Filed under: Medically Related, Pharma/FDA News, healthcare, Medical Devices, FDA, Stents, Johnson and Johnson, Implants, Mergers and Acquisitions, aneurysm repair
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Medco is one of the largest pharmacy benefit managers in the US and now with uniting with Celesio AG in Germany, the partnership is going to analyzed how chronic care patients and their respective medications are handled. Genetics will somehow enter into the picture here as well. Back in...
Posted to
The Medical Quack .... by Barbara Duck
by
The Medical Quack
on
Mon, Jun 21 2010
Filed under:
Filed under: Medically Related, Pharma/FDA News, personalized medicine, FDA, Medco, Mergers and Acquisitions, Europe, pharmacy benefit managers, R and D Personalized Medicine, Celesio
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I3 an Ingenix subsidiary bought ChinaGate, who provides product-development regulatory services for pharmaceutical, medical device and biotechnology companies looking to enter and access the Chinese market and that include the US. I guess with the layers of subsidiaries now we have ChinaGate, a...
Posted to
The Medical Quack .... by Barbara Duck
by
The Medical Quack
on
Thu, Jun 10 2010
Filed under:
Filed under: Insurance, Other Items of Interest, My Commentaries, drugs, Medical Devices, FDA, Heatlhcare, China, UnitedHealthcare, Economy, Senate, Mergers and Acquisitions, Ingenix, i3, ChinaGate
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If you are not familiar with Coviden, they were formally known as Tyco Healthcare and the name change took place in 2007 and separated itself from Tyco International. Years ago when in the logistics business I did quite a bit of business with companies that are now part of Coviden and those who...
Posted to
The Medical Quack .... by Barbara Duck
by
The Medical Quack
on
Wed, Jun 2 2010
Filed under:
Filed under: Medically Related, Technology, healthcare, tags, Medical Devices, Cardiology, FDA, Stents, MSDN, Mergers and Acquisitions, recall, catheter, expanding stent system, Tyco, EV3, Coviden
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I3 customers will be given expertise in over seeing clinical trials licenses, etc. and assistance getting through regulatory processes, like the FDA. ChinaGate is located in Shanghai, China . United has been very outspoken on keeping cost down so this appears to be an acquisition not only for facilitating...
Posted to
The Medical Quack .... by Barbara Duck
by
The Medical Quack
on
Thu, May 20 2010
Filed under:
Filed under: Medically Related, Technology, Insurance, drugs, Medical Devices, FDA, Heatlhcare, China, UnitedHealthcare, Mergers and Acquisitions, Ingenix, i3, ChinaGate