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FT.com - Drugs and Healthcare
FT.com - Drugs and Healthcare

FT.com - Drugs and Healthcare
  • Southern Cross chief departs as sell-off continues
    Bill Colvin, chief executive of Southern Cross, the care home group, is to step down

  • Montagu puts BSN Medical up for auction
    Planned ?1.8bn-?1.9bn sale would be the latest in a string of deals in the wound-care industry after Bristol-Myers Squibb sold its ConvaTec business to private equity and Johnson & Johnson received a bid for Ethicon

  • GTA IV bolsters Take-Two sales
    Take-Two, the video game publisher in takeover talks with rival Electronic Arts, reported a third quarter sales boost from its Grand Theft Auto IV title...

  • Dechra takes dog medicine to US
    The veterinary products maker will be marketing its best-selling dog medicine in the US next year, building on its recent expansion into Europe

  • Big pharma gravitates to the academe
    Drug companies are increasingly looking outside their own walls for scientific discoveries by partnering with academic institutions, and universities are eager to receive support

  • Japan's Shionogi to buy Sciele Pharma
    Japanese drug maker Shionogi & Co plans to buy U.S.-based Sciele Pharma Inc for $1.4bn as it seeks to expand in the key US market

  • QIA to take control of health group
    The Senad Group, a major operator in the UK special educational needs market, is the smallest of the four investments made by the Qatari Investment Authority through Three Delta

  • Skyepharma close to renegotiating bonds
    The maker of drug delivery systems, Skyepharma, is close to an agreement to renegotiate its bonds, as it announced a reduction in losses and increased revenues

  • Mind the gap
    Britain's poor need to be helped to healthier habits. More than new hospitals, preventative campaigns are what the UK needs to close its health gap

  • Bupa profits dented by Irish exit
    Profits at BUPA have been dented by its exit from the Irish market last year, although its core insurance business continues to grow

  • Cell advance offers medical benefits
    A biological breakthrough could lead to a cure for diabetes and has profound implications for regenerative medicine ? replacing diseased or injured tissues with new ones in good working order

  • Hospitals welcome private sector visits
    Western clinics and medical schools are helping to plug the Gulf's healthcare gap

  • GI Partners beds down with Care Aspirations
    The Anglo-American group's move underlines how the defensive qualities of the psychiatric care market are proving increasingly attractive to buy-out investors

  • King Pharma raises pressure on rival
    Drugmaker says Alpharma rejected a $1.4bn unsolicited takeover offer it made this month, prompting the suitor to reveal details of the bid publicly

  • Cinven drops out of auction process for EDT
    The number of bidders for Elan Drug Technologies, a subsidiary of the Irish pharmaceuticals company, has narrowed after Cinven dropped out of the auction