by Afraaz Irani | Mar 12, 2016 | Afraaz Irani
Canon recently gained exclusive negotiating rights for Toshiba Corp’s medical equipment after winning a bidding war. Canon’s winning offer was more than $6 billion, an amount significantly higher than initially estimated. According to Nikkei Business Daily, Canon not...
by Afraaz Irani | Mar 11, 2016 | Afraaz Irani
Amazon recently announced it has signed a deal to lease 20 aircraft to handle its deliveries in the USA. The lease is set to last 5-7 years, the lessor being Air Transport Services Group Inc. In 2014, the company spent$8.7 billion on shipping alone while relying on...
by Afraaz Irani | Mar 9, 2016 | Pharmaceutics
Valeant Pharmaceuticals, which is currently being questioned by Congress and investigated by federal law enforcement agencies for allegedly buying old drugs and raising their prices, has added three new members to its board: Stephen Fraidin, vice chairman of Pershing...
by Afraaz Irani | Mar 1, 2016 | Uncategorized
IBM Watson is expected to purchase Truven Health Analytics for upwards of 2 billion dollars. IBM Watson is looking to leverage Truven’s large health data from thousands of hospitals, businesses, and state and local governments across the globe. This acquisition should...
by Afraaz Irani | Mar 1, 2016 | Afraaz Irani, Pharmaceutics
McKesson has signed official papers to purchase Vantage Oncology in a 1.2 billion dollar transaction. With this development, McKesson will acquire “more than 50 cancer centers across thirteen states.” Paul Julian, the executive vice president and group president of...