Healthcare, Pharma and Health IT M&A Activity is on the Rise

Healthcare, Pharma and Health IT M&A Activity is on the Rise

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Mergers and acquisitions across healthcare, pharma and health IT are on the rise, having increased by 18 percent since the second half of 2013, with health IT outpacing all other segments, according to a report from Berkery Noyes.

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Check out the WhiteCityNews Podcast on iTunes

Check out the WhiteCityNews Podcast on iTunes

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The WhiteCityNews Podcast has been added to iTunes.  Now you can follow the weekly podcast with the innovators, investors, entrepreneurs, policy makers, and other leaders in our community discussing the issues and trends impacting our industry.

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South Suburban Chicago Maker Space Raises Expansion Funds on Kickstarter

South Suburban Chicago Maker Space Raises Expansion Funds on Kickstarter

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SpaceLab located in south suburban Mokena started a Kickstarter campaign to raise additional funds to expand their programming. In addition to capital items like a 3-d printer and a lathe, additional funds will help SpaceLab better serve the community with much-needed classes, vocational, and technology training.

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Celgene drug can drive HIV out of hiding -study

Celgene drug can drive HIV out of hiding -study

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(Reuters) – An anti-cancer drug made by the U.S. biotech firm Celgene can re-activate hidden HIV in patients so that it can be detected, bringing researchers closer to being able to treat it, Danish scientists said on Tuesday.

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FDA can’t keep up with the pace of MHealth innovation

FDA can’t keep up with the pace of MHealth innovation

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The hundreds of mobile health applications produced each month outpaces the Food and Drug Administration’s ability to regulate them, a policy adviser to the agency said last month.

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Does Apple’s Partnership with IBM Give Them Access to Watson for Healthcare Apps?

Does Apple’s Partnership with IBM Give Them Access to Watson for Healthcare Apps?

Originally posted on MedCity News

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The Apple-IBM partnership deal raises some interesting questions for the healthcare sector, as mobihealthnews pointed out. This is what interests me: What will it mean for healthcare applications of Watson’s computer brain and how is Apple likely to leverage Watson for its  own designs on healthcare?

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San Francisco’s Chief Data Officer wants to help citizens make data-driven decisions

San Francisco’s Chief Data Officer wants to help citizens make data-driven decisions

Originally posted on MedCity News

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San Francisco Mayor Ed Lee has just announced the city’s open data strategic plan, which aims to “broaden the focus of open data from simply publishing to making it available in a manner that fosters better use of the data.” This plan came five months after the appointment of Joy Bonaguro as the city’s first Chief Data Officer (CDO).

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Durata Therapeutics Announces the U.S. Launch of DALVANCE(TM)

Durata Therapeutics Announces the U.S. Launch of DALVANCE(TM)

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Last week, Durata Therapeutics, Inc. (Nasdaq:DRTX) announced that DALVANCE (dalbavancin) for injection is now available for use to treat adult patients with acute bacterial skin and skin structure infections (ABSSSI). DALVANCE was approved by the U.S. Food and Drug Administration (FDA) on May 23, 2014 and was the first drug approved as a Qualified Infectious Disease Product (QIDP). Durata began…

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Express Scripts Claims New Hepatitis C Therapy will Cost Illinois $2.3B

Express Scripts Claims New Hepatitis C Therapy will Cost Illinois $2.3B

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According to a report that Express Scripts released state legislatures will need to find billions in their budgets to purchase costly new hepatitis C therapy, according to a new state-by-state analysis released today by Express Scripts (NASDAQ: ESRX). But their report is near sighted only looking at the immediate costs of the prescription, instead of the longterm cost stagings this therapy can…

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Illinois legalizes medical marijuana for children with seizures

Illinois legalizes medical marijuana for children with seizures

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(Reuters) – Illinois children and adults with epilepsy will soon be allowed to use marijuana to ease their symptoms under a law signed on Sunday by Democratic Governor Pat Quinn, the latest in a series of measures loosening restrictions on cannabis by U.S. states.

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