Healthcare Health/Fitness

IBM launches Watson system for research, hopes for breakthroughs

International Business Machines Corp on Wednesday launched a computer system that can quickly identify patterns in massive amounts of data, an ability that IBM said should hasten breakthroughs in science and medical research.

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Facing shareholder demands, Allergan calls special meeting for December 18

Allergan Inc said on Tuesday that it has scheduled a special shareholders meeting for Dec. 18, when activist investor Bill Ackman, who supports a hostile bid for the company by Valeant Pharmaceuticals Inc, will attempt to oust most of its board.

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U.S. approval of Merck cancer immunotherapy expected soon

U.S. regulators are likely to approve Merck & Co's highly anticipated immuno-oncology drug, pembrolizumab, as a treatment for melanoma well ahead of a late October deadline, according to three sources familiar with the situation.

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Roche to buy U.S. biotech firm InterMune for $8.3 billion

Roche Holding AG has agreed to buy U.S. biotech company InterMune Inc for $8.3 billion in cash, marking the latest multibillion-dollar deal in a consolidating pharmaceutical sector.

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Apps put fitness fans through short, sharp workouts

Fitness buffs who can't make it to the gym but still want to exercise can turn to apps for a short, intense workout when they are pressed for time. The U.S. Centers for Disease Control recommend that adults do at least 150 minutes of moderate aerobic activity weekly. But recent studies suggest even short bouts of exercise can have positive health effects.

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Community Health says data stolen in cyber attack from China

Community Health Systems Inc (CYH.N), one of the biggest U.S. hospital groups, said on Monday it was the victim of a cyber attack from China, resulting in the theft of Social Security numbers and other personal data belonging to 4.5 million patients.

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Now Fully Financed, Okyanos Is Poised To Start Mending Broken Hearts

Following its $8.9 million Series B capital raise in March, Okyanos Heart Institute is rapidly approaching the day when it will be able to treat the first heart patient using autologous adipose derived regenerative cells (ADRCs) in the Bahamas. Adipose, or fat, is the richest source of regenerative cells in the body and the term "autologous" simply means that the cells are derived from the same patient undergoing the cell therapy treatment.

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Powerade settles score with Gatorade over LeBron James cramps; market share up

Powerade on Monday gets even with Gatorade over the latter's taunting of LeBron James in Game 1 of the NBA Finals. Miami Heat's superstar and Powerade endorser James suffered from severe leg cramps twice during the game. The Heat lost over San Antonio Spurs 110-95.

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Obamacare Sends More Patients to the ER

Following the execution of the Affordable Care Act took in January, hospitals in Norton has seen a surge of emergency room patients. There are more patients now crowding for immediate care accounting to around 100 or more people per month.

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Apple’s HealthKit is made in Australia, startup founder claims

Alison Hardacre, co-founder and managing director of HealthKit, a Melbourne-based startup and owner of both the HealthKit Twitter handle and the healthkit.com website expressed disappointment over Twitter on Apple's use of its company name in its new product.

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Chase Pharmaceuticals Corporation secures $21 million in Series B round for improved Alzheimer drug clinical trials

Chase Pharmaceuticals Corporation raises $21 million in a Series B financing round led by New Rhein Healthcare Investors, LLC.

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California fitness app PEAR takes home $5M in Series B round

Irvine, US-based fitness trainer app PEAR Sports took home $5 million in its Series B funding led by previous backers Innovate Partners and Nordic Ventures to ramp up its marketing efforts and third-party sales.

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US vitamin seller SmartyPants bags $2.2M via equity crowdfunding

Venice, California-based online vitamin seller SmartyPants Vitamins bagged $2.2 million in a new capital raising via San Francisco-based equity crowdfunding platform CircleUp to develop new products and expand its workforce.

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US-based fitness app MyFitnessPal to launch localized apps for Asian expansion

San Francisco, California-based nutrition and fitness startup MyFitnessPal is set to launch localized apps with additional languages to build its audience in Asia, particularly in China, Japan, and South Korea.

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Doximity gets $54 million Series C funding from T. Rowe Price and VC firm DFJ

Doximity has received $54 million Series C funding from DFJ and T. Rowe Price which could be the last investment round for the startup before it launches its initial public offering.

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