Pharmaceuticals
Bharat Biotech claims breakthrough in Zika vaccine development
03 Feb 2016
Hyderabad-based Bharat Biotech has filed for global patent of two vaccine candidates - a recombinant vaccine and an inactivated vaccine - for Zika virus
US medical device maker Stryker to buy Sage Products for $2.78 bn
02 Feb 2016
While the US market accounts for the bulk of its sales, Stryker has been recently trying to focus and expand in emerging markets like India, Brazil, and China
Abbott to buy rapid diagnostic testing provider Alere for $5.8 bn
02 Feb 2016
The acquisition will enable Abbott to become the leading provider of point of care diagnostic testing with total sales exceeding $7 billion from $4.6 billion currently
Theranos under increasing regulatory fire
29 Jan 2016
US regulators have found serious shortcomings at a medical laboratory run by Theranos, the latest in a series of setbacks for the blood testing start-up founded by billionaire entrepreneur Elizabeth Holmes
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