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Sectors - Health Care  

Work-Life Balance Embraced by More Aussie Workers

A work-life balance study conducted by HR company NorthgateArinso found that only 38 per cent of Aussies now check their work email outside the office and 24 per cent initiating work-related phone calls - both significantly lower figures than last year's study results revealed

Cashing In on Generic Drugs

Generic pharmaceuticals may be raking in high dollars for global drug manufacturers, but at the same time, they're endangering patients' health with the prospect of users having to switch between multiple brands

Vending Cannabis

New Zealand's new vending machines dispense 1 gram bags of pot for NZ$20

Improved Health Will Cut Cancer by 25%

Through diet and exercise, Australia can prevent 43,000 cancer cases and save AU$674 million by 2025

New Study Finds Cell Phone Use Not Linked to Cancer

A new the study published in the Journal of the National Cancer Institute compared cell phone usage of a group of children and adolescents finds there's no link to brain tumours

Hope for Melanoma Patients with Breakthrough Drug

Therapeutics Good Association approved the melanoma-fighting drug Yervoy on Friday, hoping that it will add two years to melanoma patients

New ResMed Technology Helps Improve Sleep and Quality of Life

Written by Elissa Miller, ResMed   Sleep apnea, a common but little-known disorder, affects 1 in 5 adults. It stems from closure of the airway during sleep which causes breathing to stop -- sometimes for more than a minute...

Biotech Company Cellestis to be Bought Out by Dutch-Owned Qiagen

Qiagen lodges A$341 million takeover bid for Cellestis for $3.55 per share to acquire tuberculosis technology

Sigma Pharmaceuticals Shares Surge with News of Special Dividend

Despite reporting a full-year loss of $235.4 million, Sigma Pharmaceuticals shares rose more than 10 percent to 46 cents Monday.

NAB Eyes 600 Lloyd Banking Group Branches For Sale

NAB’s CEO Lynne Peacock is reported to have put the acquisition of 600 bank branches from Lloyds Banking Group as a company priori

Will Australian Businesses Decrease Parental Leave Payments?

Australian businesses with existing paid parental leave arrangements in place are unlikely to decrease the entitlements following the introduction of Federal Government’s new paid parental scheme, global consulting firm Mercer found. The new government scheme allows primary caregivers for...

Julia Gillard Joins Bono to Commemorate World Aids Day at Opera House

U2 frontman Bono was in Sydney Wednesday to honor World AIDS Day, lighting the Sydney Opera House and Harbour Bridge red to commemorate the international occasion.

Things Looking Up for Lilly and Acrux: The FDA Approves Men's Sex Drug

Things are looking up for Eli Lilly and Co. and Acrux—the US Food and Drug Administration (FDA) has just approved their testosterone topical solution.  Axiron, a replacement therapy for men with low testosterone levels, is the first testosterone topical solution...

Roche Effectively Testing Drugs that could Shrink Melanoma Tumors

Swiss-based healthcare researcher Roche is effectively testing new drugs that can shrink melanoma tumors. The results from a clinical study of RG7204 showed that the BRAF inhibitor RG7204 shrank tumors in more than half of people with previously treated...

ACCC Denies NAB and AXA Collaboration Proposal

 

ANZ Announces New CEO David Hisco

 

Sonic: Policy changes negatively impact annual profit

Australian pathology provider Sonic Healthcare reported an annual net profit A$293 million, down from 2009 due to market effects of regulatory changes in Australia.

Sigma to sell pharmaceuticals division for A$900m

Sigma Pharmaceuticals announced Monday that Aspen Pharmacare will buy its Pharmaceuticals Division, comprised of its generic and over-the-counter drugs portfolio, Herron and Orphan brands and manufacturing businesses, for A$900 million. Under the proposed terms Sigma will retain its Healthcare...

Cochlear reports 19 percent jump in profits for FY2010

ASX-listed ear implant maker Cochlear announced that its total profits for fiscal year 2010 were $155.2 million, up nineteen percent. Total revenues were $734.8 million, up six percent. In a statement from Cochlear, CEO and President Dr. Chris Roberts...

ResMed Announces Quarterly Results and Stock Split

Dually-listed sleep apnoea device maker ResMed Inc. reported revenue for the quarter ending June 30 was $291.6 million, a 16 percent increase from the same period last year. Income from operations was $68.6 million and net income was $53.2...

Private equity firms make $2.7 bill. bid for Healthscope

Melbourne-based hospital operator Healthscope announced Monday that today that it has entered into an agreement with The Carlyle Group and TPG Capital for the acquisition of all of its shares for A$6.26 per share, valuing Healthscope at approximately $2.7 billion.

Sigma receives lower takeover bid from Aspen

Australian generic drug maker and distributor Sigma Pharmaceuticals Limited announced Thursday that it is has received a formal proposal to acquire all of the issued share capital at A$0.55 per share from South African-based Aspen Pharmacare at an equity...

Healthscope: Possible takeover by US company Tenet

US healthcare services provider Tenet Healthcare Corporation announced Tuesday that it has engaged in preliminary discussions to acquire Australian hospital operator Healthscope for $1.84 billion. In a release from Tenet to the US market, the company said, “Healthscope owns...


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