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, 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 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...
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...
The existence of gravitational waves appears to be confirmed. This validates the final piece of Einstein’s theory of relativity. This was confirmed when scientists registered and recorded a “chirp” caused by the gravitational waves generated by two black holes...