Healthcare is a system that has seen remarkable growth over the past years. The Bureau of Labor Statistics estimates that during January 2019, the number of employees entering the US healthcare service was around 42,000 people .
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Quadria Capital, a healthcare focused private equity firm, is in the process of closing out deals in four companies in Southeast Asia. Its investments are mostly on pharmaceutical and healthcare corporations.
Among the notable gainers in Wednesday’s early exchange are pharmaceutical stocks as Donald Trump’s victory alleviated the worries that a Clinton presidency would be in command on drug prices in the largest market for prescription drugs in the world.
Just like the past week, the shares of Healthcare companies outperform other sector by 2.2% as of midday Monday.
Scanning over the sectors performing the best as of midday Friday, with an edge of 1.7%, the shares of Healthcare companies outperform other sectors.
The growing demand for Consumer Products, Healthcare sectors to lead for Tuesday.
With all the news focusing on the 2016 US Presidential Elections, a more alarming story is yet to unfold – the suicide rate among veterans already reached to a shocking 22 veterans per day every day.
New York-based hedge fund Visium Asset Management is facing probe by the US Securities Exchange Commission (SEC) and Justice Department over its trading and valuation issues. Visium's exposure to healthcare sector is under scanner.
A startup offering online eye tests received a $6 million funding in a Series A round to help expand the coverage of its service as well as acquiring more advanced technologies. The company claims that their services are clinically proven and accurate, in addition to being more convenient and affordable.
MindMaze has secured a total of $100 million funds from an early round led by India’s Hinduja Group. MindMaze, which until now is focusing on developing virtual reality interfaces in the healthcare sector aims to form future contracts and service centers, as well as expanding the technology for other uses in the form of gaming, educational and fitness applications.
Abbott said that it has signed a definitive deal to acquire Alere for a net value of $5.8 billion in cash. Abbott expects the acquisition to be immediately accretive to its earnings per share upon completion.
The healthcare industry has yet to see a service that could completely change the industry similar to how Uber and Airbnb change their respective industries. Industry professionals give their opinion on what could become the big game-changer for the healthcare industry.
Pfizer today confirmed that the company has increased the price of some of its drugs although it was not revealed how many drugs are involved with the price hike. According to a data by Wolters Kluwer which revealed that more than 100 types of drugs has been increased in its price starting on January 1st.
The Department of Housing and Urban Development announced Thursday a proposal that would prohibit smoking in public homes nationwide. According to The New York Times, the proposed federal rule would affect 1.2 million public households and would mark the latest move to minimize unwanted exposure to secondhand smoke.
HTC Vive will release its virtual reality headset later this year, but only in limited qualities and it will take three to five years before it goes mainstream.
