Night Read (Minnesota): ActivStyle buys Advocate Medical Services
Minneapolis-based home medical equipment supplier ActivStyle, Inc. has acquired Tampa-based Advocate Medical Services, Inc. Financial terms were not disclosed.
Minneapolis-based home medical equipment supplier ActivStyle, Inc. has acquired Tampa-based Advocate Medical Services, Inc. Financial terms were not disclosed.
Strong fourth-quarter sales for surgical-robot maker Intuitive Surgical Inc. and sales improvements for General Electric Co.'s Healthcare unit on Friday suggest U.S. hospitals may be ready to spend again on expensive capital equipment.
A specialty drug is a class of prescription medications used to treat complex, chronic or rare medical conditions. Although this classification was originally intended to define the treatment of rare, also termed “orphan” diseases, affecting fewer than 200,000 people in the US, more recently, specialty drugs have emerged as the cornerstone of treatment for chronic and complex diseases such as cancer, autoimmune conditions, diabetes, hepatitis C, and HIV/AIDS.