Posts by rw-admin

Patrick Paumen doesn’t have to worry about forgetting his keys and being locked out of his apartment. That is because he doesn’t need a key anymore—he simply unlocks the door with a wave of his hand. The 32-year-old IT expert from the Dutch city of Heerlen is one of a growing number of people with…

The drug company that makes the EpiPen says it isn’t nearly as profitable as many people assume it is. At least that’s the message Mylan NV CEO Heather Bresch will try to deliver to members of Congress today. Bresch, who is scheduled to testify before the House Oversight and Government Reform Committee, is expected to…

When U.S. medtech companies acquire European firms, the deals tend to be worth much more than those of European firms taking over American concerns. That’s according to a report by EP Vantage, which chalked the imbalance up to the fact that Europeanmedtech companies are generally smaller and less well-funded than their U.S. counterparts. Excluding Medtronic’s $50…

Abbott Laboratories agreed to sell its eye-surgery equipment business to Johnson & Johnson for $4.325 billion as the health-care giants remake their lineups of medical devices, the companies said Friday. The all-cash deal, previously reported by The Wall Street Journal, gives J&J the No. 2 business in cataract surgeries, an $8 billion global market that…

Universities and drug companies that use human volunteers for research face tough new rules designed to make sure that valuable information from these volunteers is widely available, not only to the volunteers themselves but to scientists trying to advance medical science. The rules currently on the books are confusing and often ignored. Since 2007, scientists…