Siemens Healthineers AG (OTC: SMMNY) (OTC: SEMHF) and General Electric Company’s (NYSE: GE) healthcare arm are reportedly weighing the potential acquisition of Medtronic Plc’s (NYSE: MDT) ...
Tag: Healthcare
Clovis Enters Bankruptcy With Deal to Sell Cancer-Drug Candidate to Novartis
Clovis Oncology Inc., maker of the ovarian and prostate cancer drug Rubraca, filed for bankruptcy over the weekend with a proposed deal in hand to sell its rights to a cancer therapy under development...
GE HealthCare Is Going Independent. This Is Where the Stock Should Trade.
Text size GE HealthCare should generate about $3.3 billion in Ebitda for all of 2022. Kamil Krzaczynski/Getty Images To start 2023, investors will have a choice to invest in a brand new $18 billion co...
Horizon Therapeutics, Coupa Software, Rivian, and More Stock Market Movers
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Novozymes and Chr. Hansen agree deal to merge
Danish biotechnology companies Novozymes AS NZYM.B, -13.67% and Chr. Hansen Holding AS CHR, +23.64% said Monday they have agreed to merge, creating a biological solutions provider with combined annual...
Paccar, Deere, and 10 More Companies That Raised Their Stock Dividends This Week
Text size Paccar said it will boost its regular dividend to 25 cents a share. Dreamstime Carrier Global, Deere , Zoetis , and Paccar were among the many large U.S. companies that declared dividend inc...
CVS Wants to Be a Healthcare Provider. So Why Doesn’t It Have Any Doctors?
Late last year, CVS Health CEO Karen Lynch unveiled a new strategy: Rather than remain simply a pit stop for toilet paper and flu shots, CVS stores would become a place that Americans—particularly old...
General Electric’s Healthcare Spinoff On Track, Says Analyst
RBC Capital analyst Deane Dray reiterated an Outperform rating on the shares of General Electric Company (NYSE: GE) and raised the price target from $93 to $$98. In its first standalone analyst meetin...
GE is splitting into three parts. The CFO of its Healthcare unit outlines his strategy for 2023
Good morning, “I’ve been with GE Healthcare now for two years,” CFO Helmut Zodl tells me. “And really my motivation to come here was to prepare the company and do the spinoff.” So attending GE H...
GE Healthcare Plans to Reduce Debt and Costs, Pursue Tuck-In Acquisitions
General Electric Co.’s healthcare division plans to cut debt, bring down costs and pursue tuck-in acquisitions after its spinoff in early January, finance chief Helmut Zodl said Thursday at an investo...
This Is Why The U.S. Can’t Have A Government-Run Healthcare System
The U.S. spends more than twice the amount per person on healthcare as other developed nations, yet our outcomes aren’t much different. So why don’t we do what other countries do, which is to have a g...
BNP Paribas studied 100 years of market crashes — here’s what it says is coming next
Oops. Stocks fell through a key support on Tuesday and it looks like some recent momentum has now petered out. The new line in the sand for the S&P 500 SPX, -1.44% seems to be 3,900. Whether Santa...
Joint Fight Against Cancer Can Help Re-Energize U.S.-China Ties, Kevin Rudd Says
Asia Society CEO Kevin Rudd. Photographer: Wei Leng Tay/Bloomberg © 2021 Bloomberg Finance LP Collaboration in the fight against cancer represents an important opening for the U.S. and China to re-ene...
GE Stock Price Facing Impact of Spin-offs; GE Healthcare is Next
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How smart contracts can improve efficiency in healthcare
Smart contracts are self-executing lines of code that run atop blockchains and are triggered once a set of predetermined conditions are met. They are used to automate the execution of online agreement...
General Electric Board Approves Healthcare Division Spinoff, Likely To Begin Trading On January 4
General Electric Co’s (NYSE: GE) board approved the previously announced spinoff of its healthcare business, GE Healthcare Holding LLC. Before such a spinoff, GE HealthCare will likely be conver...
General Electric sets details of healthcare division spin-off
General Electric has announced the details of its healthcare division spinoff set for the beginning of the new year. The soon-to-be-public company is being valued at roughly $31 billion, according to ...
BlackRock Sees Opportunities in Energy and Healthcare Stocks in 2023
Navigating markets in 2023 demands a new investment playbook, one that favors the healthcare and energy sectors along with short-term government bonds and investment-grade credit, according to BlackRo...
Top Tech Stocks, Resources And Healthcare Themes
A common strategy many investors use around each quarter’s 13F reporting period is to “follow the smart money.” This strategy works most of the time, but this year, investors who hav...
Healthcare Organizations Are Finding Novel Uses For Virtual Health Technology
The virtual health revolution has been prevalent over the last few years, especially fueled by generation-shifting events such as the Covid-19 pandemic. Now, more than ever before, healthcare leaders,...
Venture Capital Firms Are Partnering With Healthcare Organizations To Improve Digital Health
Venture capital (VC) firms are increasingly playing a role in all aspects of healthcare. This is a growing trend globally, as healthcare organizations are eager for the resources, expertise, and capit...
MediView and GE Healthcare to Bring Augmented Reality Solutions to Medical Imaging for the Interventional Space
New collaboration seeks to advance precision care through intuitive visualization, remote collaboration and evidence-based insights. CHICAGO–(BUSINESS WIRE)–GE Healthcare, a leading global medical tec...
China Skincare Billionaire’s Giant Biogene Raises $10 Million In IPO Over-Allotment
Giant Biotech began trading at the Hong Kong Stock Exchange on Nov. 4. Photographer: Paul … [+] Yeung/Bloomberg © 2022 Bloomberg Finance LP Giant Biogene Holding, a China skincare products suppl...
Blockchain Technology May Transform The Future Of Healthcare
Blockchain technology has truly revolutionized the vision for the future of information and data. At the most fundamental level, blockchain technology enables decentralization of data; that is, it all...
J.P. Morgan Is Betting Big On The Future Of Healthcare
J.P. Morgan is a cornerstone financial institution, with investments and interests in all sectors across the globe. With regards to healthcare, the company made headlines just a few years ago for its ...
BioNTech upgraded to buy on high hopes for combined flu/COVID vaccine and oncology pipeline
Bank of America analysts upgraded BioNTech SE stock to buy from hold on Thursday, citing excitement about its mRNA technology and the outlook for a combined flu/COVID vaccine and oncology vaccines tha...