HEALTHCARE

Asahi Kasei will buy Zoll in an agreed cash deal for $93 a share, a 24 percent premium to Zoll's closing price on Friday, the two companies said in a joint statement. The deal is Asahi Kasei's biggest acquisition by far.

Asahi Kasei To Buy Zoll Medical For $2.2 Billion

Japan's Asahi Kasei Corp will buy U.S. medical equipment maker Zoll Medical Corp for $2.21 billion as it looks to build a globally competitive healthcare business and reduce its reliance on its chemicals and fibers operations.

Japan’s Asahi Kasei to Buy Zoll Medical for $2.2 Billion

Asahi Kasei
Asahi Kasei Corp., a Japanese chemical manufacturer, agreed to acquire Massachusetts-based medical device and software maker Zoll Medical Corp. for about $2.21 billion, as it looks to expand its global presence and develop a leading position in the critical care.

Todd Park: Who is President Obama's New CTO?

Todd Park was appointed by President Obama as the second CTO in U.S. history, replacing Aneesh Chopra, who stepped down in February. Park created three companies by the time he was 36, and will now leverage technology to try to make the government more ef
On Friday, President Barack Obama appointed Todd Park, a 39-year-old former entrepreneur and founder of Athenahealth, to be the new U.S. Chief Technology Officer of the United States. Park takes over for Aneesh Chopra, the first U.S. CTO, who resigned in February.
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US Rep. Roy Blunt (R-MO) walks to his office to call fellow Republicans to rally support for a bill to provide a $700 billion bailout for the financial and banking crisis.

Senate Heads for Showdown Vote on Contraceptive Coverage

The Senate is expected Thursday to defeat a largely symbolic measure that would exempt employers such as Roman Catholic hospitals, universities and charities from a controversial White House rule requiring free birth control coverage.
FDA

FDA Acts to Stem Shortages of Two Cancer Drugs

The U.S. Food and Drug Administration said it will resolve a potentially life-threatening shortage of two leading cancer drugs by allowing one of them to be imported from abroad and rushing approval for a new manufacturer to make the second.
FDA

FDA Acts to Stem Shortage of 2 Cancer Drugs

The Food and Drug Administration plans to address a potentially life-threatening shortage of two leading cancer drugs by allowing one of them to be imported from abroad and rushing approval for a new manufacturer to make the second.
Emergency contraception, also known as the "morning after pill" and seen by many conservatives as akin to abortion, for the most part would not fall under the rule since it is already available without a prescription to those 17 and older.

White House Defends Contraception Rules as Criticism Mounts

The Obama administration is willing to work with Catholic universities, hospitals and other church-affiliated employers to implement a new policy that requires health insurers to offer birth control coverage, a top adviser to the president's re-election campaign said on Tuesday.
Fuji Photo Film Co Chief Executive Officer Shigetaka Komori gestures as he speaks during an intervie..

Japan's Fujifilm Calls for Swiss-Style Yen

Fujifilm Holdings President Shigetaka Komori wants a Swiss-style cap on the yen to help Japanese firms, he said in an interview on Wednesday, adding his voice to a growing chorus of executives including Nissan's Carlos Ghosn.
Provinces bristle at federal health "deal"

Provinces bristle at federal health deal

The provinces unanimously believe the federal government's unilateral decision to impose a new formula for how it will help fund the public healthcare system was both unprecedented and unacceptable, British Columbia Premier Christy Clark said Monday.
Can ZocDoc Save Healthcare?

Is ZocDoc the Rx for Healthcare?

What would you do if you ruptured your eardrum while on a trip out of town? If you go to ZocDoc, you can schedule a doctor visit right away.
A disassembled Olympus camera and its parts are seen in this illustrative photograph taken in Tokyo, November 24, 2011.

TPG Willing to Invest $1 Billion in Olympus

Private equity firm TPG Capital is willing to invest about $1 billion in Japan's Olympus Corp in a joint deal with Sony Corp or another suitor circling the scandal-hit firm, a person familiar with TPG's thinking said.

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