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Philips Health-Care Profitability Drops in Prelude to Split

Royal Philips NV, the Dutch company which is splitting off its lighting unit to focus on consumer health-care, reported a profitability drop at its future...

Florida governor sues Obama administration over healthcare funding

Carlyle Florida Governor Rick Scott sued the Obama administration on Tuesday, challenging the federal government's decision not to extend a $1 billion healthcare funding program...

USDA Awards $3.8 million in grants for Nanotechnology Research

The U.S. Department of Agriculture's (USDA) National Institute of Food and Agriculture (NIFA) today announced more than $3.8 million in funding to support grants focused...

Private-equity firm Carlyle Group to buy stake worth $600 million in Brazil’s largest hospital chain

Private-equity firm Carlyle Group to buy stake worth $600 million in Brazil's largest hospital chain,Rede D'Or São Luiz SAPrivate-equity firm Carlyle Group LP agreed on...

FDA files a court order against Medtronic to halt production and distribution of Synchromed II drug

FDA files a court order against Medtronic to halt production and distribution of Synchromed II drug pumpsThe Food and Drug Administration says Medtronic must stop...

Malden-based Sensimetrics launches Whist, an app to treat auditory problem, tinnitus

A tiny Malden company has launched an easy, inexpensive treatment option for the nearly 45 million people in the U.S. who suffer from the auditory...

The South Glasgow University Hospital built at about ยฃ1bn opens to patients

The UK's newest hospital has welcomed its first patients.The South Glasgow University Hospital is one of the biggest critical care complexes in Europe.It has been...

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