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Canon Wins Bid for Toshiba’s Medical Unit

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...

Valeant Pharmaceuticals Adds Board Members

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...

IBM Watson to Purchase Truven

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...