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Respiratory Diagnostics Inc

Illinois Drugmaker Under Investigation By State Attorney General

Abbott to acquire Alere for $5.8 billion

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.

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Mederi Therapeutics

US firm Mederi Therapeutics bags $18.5M in Series B for GERD and bowel incontinence treatment

Connecticut, US-based pharmaceutical firm Mederi Therapeutics raised $18.5 million in a Series B funding round for the sales and marketing of its treatment for Gastrointestinal Reflux Disease (GERD) and fecal incontinence.

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