acquires

Ossur Acquires the U.S. Orthopaedics Company

Iceland-based Ossur hf., a global orthopaedics company, has acquired Innovation Sports, Inc., a U.S.-based ligament brace maker for $ 38.4 million. The acquisition of Innovation Sports comes on the heels of Ossur's July 2005 acquisition// of Royce Medical in the U.S., and the December 2005 acquisition of IMP Holdings in the U.K. With these acquisitions, and its 2003 acquisition of Gener...

Stem of Hope: Stem Cell Research Acquires a Brittle Star As A model

Brittle star is forming the basis upon which Scientists at the Royal Swedish Academy of Sciences Kristineberg Marine Research Station are studying// stem cells with the capacity to probe into human and vertebral research, without having to bother about ethical issues. Amphiura filiformis, or the brittle star, is a lot like the starfish and can grow back the lost arms in a few weeks....

Pfizer Acquires Worldwide Rights For New Overactive Bladder Drug

Pfizer Inc announced an agreement with Schwarz Pharma AG under which it would be acquiring exclusive worldwide rights to fesoterodine, a new drug that can be a treatment option for an overactive bladder. // "Overactive bladder is a debilitating condition that affects up to 100 million people around the world," said Karen Katen, vice chairman of Pfizer Inc and president, Pfizer Human Heal...

Ranbaxy Acquires Glaxosmithkline's Generic Unit in Spain

Looking to expand its presence and product portfolio in the Spanish market, pharma major Ranbaxy Laboratories Ltd today said it has acquired GlaxoSmithKline's Mundogen generic business in Spain. // Ranbaxy's CEO and MD Malvinder Mohan Singh said that the acquisition was in line with the company's M&A strategy to focus on the EU markets. The company said in a filing with the...

Premier Army Hospital Acquires PET-CT Scanner

A Medical Cyclotron Centre and a Positron Emission and Computerised Tomography (PET-CT) scanner has been acquired by a premier army hospital here. // The hospital will become only the fourth in the country to acquire such a scanner that would help to enhance its nuclear medicine imaging capabilities. The army chief, Gen. J. J. Singh inaugurated the Rs.280 million facility at the Army...

Wockhardt acquires Protinex, Farex brands from Netherland Co

Indian drug maker, Wockhardt Ltd today said it has acquired Dumex India Pvt Ltd along with its two products Protinex and Farex// from the Netherlands-based Royal Numico NV for an undisclosed sum. The company plans to change the acquired company's name to 'Dumex' within six months, Wockhardt informed the Bombay stock Exchange. "Acquisition of Protinex and Farex is a critica...

Indoco Remedies Acquires La Nova Chem

Indoco Remedies Ltd, a manufacturer and distributor of pharmaceutical products and services, today said it has acquired a 100 per cent stake in City-based pharma company La Nova Chem (India) Pvt Ltd//. Following the acquisition, La Nova Chem has become a subsidiary of Indoco Remedies, it informed the Bombay Stock Exchange. La Nova Chem has a manufacturing facility at Patalga...

AIIMS Acquires Four-Armed Robot to Assist in Surgeries

The country's premier All India Institute of Medical Sciences' (AIIMS) has acquired a four-armed robot, the first of its kind in Asia, to help in delicate surgeries// at the department of urology, top doctors said Friday. "We acquired the Da Vinci Surgical Robot on July 19 and have so far conducted six prostate surgeries with the help of the machine. The robot is the first of its kind...

Apollo's Global Arm Acquires US-based Firm

Apollo Group's global arm has acquired US-based Armanti Financial Services (AFS) for $31 million in a deal that makes the combined entity one of the largest healthcare// processing companies in the hospital business for receivables management. Apollo Health Street (AHS), the global healthcare service company of Apollo, announced the acquisition Monday. Apollo Health Stree...

‘Obesity’ Acquires Permanent Resident Status in the US

Obesity has been a frequent flier in search of greener pastures, but now, gauging by the unconditional adulation it has received//, has decided on a permanent home in the United States of America. ‘O’ for omnipresent, obesity, is estimated to have entered into the lives of nearly one-third of U.S children, leaving them with a bagful of unwholesome fat and a life time of woes to follow....

India's Wockhardt Acquires Irish Firm

India's pharma and biotech major Wockhardt Limited announced on Tuesday the acquisition of Pinewood Laboratories// Limited of Ireland for $150 million that will help it broaden its presence in the European market. 'This acquisition gives us a larger footprint in Europe spread over Britain, Ireland and Germany,' Wockhardt chairman Habil Khorakiwala said. 'European business...

Battle against Gum Disease Acquires new Weapon

US scientists have developed a new plastic pill which has been found to fight plaque and gum disease.// This tiny pill has been found to relieve pain and swelling just by its position between the threatened tooth and the diseased gum. According to researchers at State University of New Jersey, who have tested the pill on animals, the plastic also works as a barrier which enabl...

Synova Acquires Rights to Today Sponge Contraceptive, Plans Advertising Campaign

Synova Healthcare on Wednesday after purchasing New Jersey-based Allendale Pharmaceuticals, which markets the female contraceptive Today Sponge, //announced plans to begin an aggressive campaign to market the product, the Philadelphia Inquirer reports (Loyd, Philadelphia Inquirer, 1/17). The Today Sponge, which is constructed of soft polyurethane foam and is inserted into the vagina...

Dow Acquires Wolff Walsrode from Bayer

The Dow Chemical Company and the Bayer Group today announced the closing of Dow's acquisition of Wolff Walsrode. The purchase price of EUR 540 million (approximately USD 725 million) includes a cash component and the assumption of financial debt and pension commitments. Following regulatory clearance from various authorities around the world, payment and share transfers have occurred, an...