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Tigard nonprofit steps up humanitarian efforts for Syrian refugees (Photos)
Medical Teams International has been active in the Syrian region since 2013, but recently stepped up its efforts as the humanitarian crisis has worsened. The Tigard nonprofit is working with Syrian...
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Social & Scientific Systems CEO: Why we moved in Durham
While Silver Spring, Maryland-based Social & Scientific Systems (SSS) has had a Durham outpost since 2005, president and chief executive officer Kevin Beverly, says the company moved into new digs...
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N.C.'s heroin death rate rise among highest in U.S.
Amid a continuing opioid epidemic in the U.S., heroin overdose death rates rose 46.4 percent from 2014 to 2015 in North Carolina, according to new data from the Centers for Disease Control and...
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Sutter brings new breast cancer detection technology to Yuba City
A machine that’s able to detect breast cancer more effectively than traditional technology is now being used at Sutter North Medical Foundation in Yuba City. The General Electric SenoClaire 3D Breast...
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Teva to pay $519M to resolve bribery allegations
Teva Pharmaceuticals Industries Ltd. said Thursday it has finalized an agreement with the Department of Justice and the Securities and Exchange Commission that including paying $519 million to resolve...
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St. Elizabeth's Medical Center replaces president a year after appointment
St. Elizabeth’s Medical Center announced Thursday that its president, Beth Hughes, would be replaced a year after her appointment. Hughes was the fifth leader for the 267-bed hospital in as many years....
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Cambridge's Ironwood reports positive data on constipation drug
Cambridge-based Ironwood Pharmaceuticals on Thursday released new trial data suggesting that targeted formulations of its constipation drug Linzess could help a broader number of patients relieve...
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Open enrollment passes 100K in the Triangle
More than 100,000 people in the Triangle area have signed up for coverage through Healthcare.gov, according to The Centers for Medicare and Medicaid Services (CMS). From the start of open enrollment,...
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AmerisourceBergen urges stockholders to reject unsolicited 'mini-tender' offer
Wholesale pharmaceutical distribution and services company AmerisourceBergen Corp. is recommending its stockholders reject an unsolicited “mini-tender” offer from TRC Capital Corp. TRC, a private...
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Humana and Aetna have a bit more time to get their deal done
Humana Inc. and Aetna Inc. again have extended their self-imposed deadline to complete their acquisition deal to allow time for a federal judge to rule on the proposed transaction. The new deadline for...
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Behind closed doors: How WellCare won the bid for Universal American
WellCare Health Plans Inc. negotiated hard before finalizing the $800 million deal to buy Universal American Corp. WellCare (NYSE: WCG), a Tampa managed care company, would not increase its initial...
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Could Align Technology's big, new Morrisville lease deal be a sign for more...
Developers of the new Forty540 office complex that’s underway at the intersection of I-40 and I-540 in Morrisville have solidified a deal with its first big tenant that could signal new jobs coming...
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Mallinckrodt enters $21 million equity purchase agreement with Mesoblast
Mallinckrodt Pharmaceuticals is investing more than $21 million in an equity purchase agreement with Australia-based Mesoblast Ltd. regarding two of the company's drugs. Under terms of the deal,...
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Scope out who ranked No. 1 on our 9 health care and insurance lists of 2016
While the future of the Affordable Care Act and many standards for exactly how health care will be provided are in doubt heading into 2017, one thing is certain. The health care industry will continue...
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CHS sells off 10 medical office buildings
Franklin-based Community Health Systems Inc. has completed a sale and leaseback of 10 medical office buildings as it continues to shore up its finances. According to a news release, the deal with...
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Morning Roundup: Scorpion jet flight details, Wichita spa sues former medical...
Textron has successful first Scorpion jet flight Textron announced Thursday the successful first production flight of the Scorpion jet. According to a KAKE report, the jet took off from McConnell Air...
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After acquisition of local outfit, Sweden’s Recipharm ramps up business...
Following its acquisition of Kemwell Biopharma’s pharmaceutical contract development and manufacturing (CDMO) businesses– based in Research Triangle Park – earlier this year, Sweden’s Recipharm is...
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Year in Review: Cerner presses forward despite year of uncertainty
This story is part of Year in Review, which looks back at the biggest news, most influential people and top photos of 2016. Read more Year in Review articles here. Cerner Corp. weathered a rocky 2016,...
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More management changes reshape Endo
Endo International’s management shake-up continued Friday with the company’s announcement Susan Hall has decided to terminate her employment by Endo to pursue other opportunities. Hall, who joined Endo...
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$35M infusion: Bucks County biopharm firm reaches funding deal
Strongbridge Biopharma entered into a definitive securities purchase agreement for a placement of its ordinary shares and warrants, which is expected to generate gross proceeds of $35 million for the...
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