Current medical news and unique business news for anyone who cares about the healthcare industry.
Sanofi-Aventis seeks suitor: France’s biggest drug manufacturer is reportedly on the hunt for a buyer for its U.S. dermatology business. This news comes a week after the company completed the acquisition of Genzyme Corp., whose products treat rare genetic disorders, for at least $20.1 billion.
Tsk tsk says the GAO re: med device review: The Government Accountability Office has found that high-risk medical devices are approved without proper review and scrutiny to determine safety, reports Bloomberg BusinessWeek.
With the Rise of AI, What IP Disputes in Healthcare Are Likely to Emerge?
Munck Wilson Mandala Partner Greg Howison shared his perspective on some of the legal ramifications around AI, IP, connected devices and the data they generate, in response to emailed questions.
Money money money: UnitedHealth Group CEO Stephen Hemsley saw a 21 percent increase in pay in 2010, reports the Twin Cities Business Journal. The health insurer paid Hemsley $10.8 million in 2010 in total compensation, up from $8.9 million the year before. The chief executive’s base salary of $1.3 million has remained unchanged in the last three years.
Merger creates largest hospitalist company: Cogent, a Nashville-based company is merging with Ohio-based Hospitalists Management Group to create the largest hospitalist company in the U.S. The new company will operate as Cogent-HMG and be led by Stephen Houff, the founder and CEO of Hospitalists Management Group, according to a report.
Dealflow: Taris Biomedical, a Boston company raked in $18.3 million in a Series B funding round reports Xconomy. The company, which spun out of the Massachusetts Institute of Technology focuses on treating bladder diseases.
