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Corporate Financials

GE Revenue Increases

General Electric released its income figures for the second quarter of 2008 recently. The company noted an eight percent increase in net income and eleven percent increase in revenue, as described in a press release issued by the technology giant. more...

July 14, 2008 Related topics: Finance, Corporate Financials

Billerica Unit Sold by Bristol-Myers

The medical imaging unit of Bristol-Myers, Billerica, is being sold. This is part of Bristol's plans to refocus the organization and decrease company expenses. News of the sale was published by the Boston Globe. more...

December 12, 2007 Related topics: Mergers & Acquisitions, Corporate Financials

Biophan Sells MRI Safety Patents to Medtronic, Extends Myotech Ownership

Biophan Technologies, Incorporated completed the sale of their MRI safety patent portfolio to device manufacturer Medtronic, Incorporated. The...

Coram Purchased by Apria Healthcare

Apria Healthcare Group, Incorporated and Coram, Incorporated together announced today that the two companies will merge in a...

Healthscope and Symbion Modify Deal

The planned merger between Symbion and Healthscope hit a bump last month when Symbion shareholders voted to defeat...

Cerus Spins off Immunotherapy Business

Cerus Corporation, a biopharmaceutical company, announced this week that they have spun off their immunotherapy business. This move...

Dubai Alliance Purchases Alliance Medical

Last week, Dubai International Capital announced their plans to acquire Alliance Medical. The deal amounts to $1.25 billion...

Digital Hospital Under Construction in NJ

Virtua Health unveiled plans to build the hospital of the future, a completely digital facility with all private...

Kyphon Purchase Complete

Medtronic, Incorporated has completed the acquisition of Kyphon, Incorporated, effective November 2nd. The total deal value is $4.2...

Thermo Fisher Scientific Purchases NanoDrop

Thermo Fisher Scientific, Incorporated has announced their acquisition (pdf) of NanoDrop Technologies. The financial terms of the deal...

Inverness Acquires Health Services Management Organization

Alere Medical, Incorporated announced October 24th that they have are being acquired by Inverness Medical Innovations, Incorporated. The...

New Mobile Devices Switch Between Wi-Fi and Cellular

Agito Networks, Incorporated launched new technology that allows cellular devices to automatically switch from Wi-Fi to cellular networks...

Apollo Light Systems Acquired by Respironics

The remaining shares outstanding of Apollo Light Systems, Incorporated were purchased by Respironics, Incorporated. Apollo Light Systems manufactures...

Veteran’s Health and Carestream Sign Imaging Deal

Carestream Health, Incorporated announced a deal with the Veterans Health Administration (VHA) New England Region for imaging solutions....

Biomet Acquisition Complete

The deal from a private equity firm to purchase Biomet, Incorporated, a manufacturer of orthopaedic devices and equipment,...

Shareholders Approve Bausch & Lomb Acquisition

Last week, the Baush & Lomb shareholders approved the proposed takeover by Warburg Pincus, a private equity firm....

XIMIS Offered Purchase Deal from Philips

Royal Philips Electronics announced that they intend to purchase XIMIS, Incorporated; terms of the deal were not shared...

Matritech Signs Deal to be Acquired by Inverness

Inverness Medical Innovations announced their plans to wholly acquire Matritech, the deal was described in a press release...

Apollo Health Street Acquires Zavata, Inc.

Apollo Health Street (AHS) announced on August 30th that they are acquiring (pdf) Zavata, Incorporated. Zavata provides Enterprise...

Specialty Surgical Instruments Purchased by Symmetry Medical

Symmetry Medical announced their plans to acquire Ultra Containers of America and their parent company, Specialty Surgical Instruments...

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