Industry News

Humana AB on Friday reported net profit after tax of SEK36m, or diluted EPS of SEK0.6 7, for the second quarter of 2016, from April 2016 to June 2016.. This was an improvement over net loss of SEK7m, or SEK1.08 per diluted share, in Q2 2015.. Operating revenues during the quarter amounted to SEK1, 534 m, up by 11% as compared with SEK1, 379 m in Q2 2015."/>
Humana swings to profit in Q2 2016
Humana AB on Friday reported net profit after tax of SEK36m, or diluted EPS of SEK0.6 7, for the second quarter of 2016, from April 2016 to June 2016.. This was an improvement over net loss of SEK7m, or SEK1.08 per diluted share, in Q2 2015.. Operating revenues during the quarter amounted to SEK1, 534 m, up by 11% as compared with SEK1, 379 m in Q2 2015."/>
Humana swings to profit in Q2 2016
SciBase widens loss in Q2 2016
Fortis Healthcare Ltd's restructuring was to create two listed entities, one focused on the hospitals business and the other on diagnostics. It has set about doing this in a complicated way. While the purpose will be achieved, the restructuring creates a resulting diagnostics business with a rather bloated equity base."/>
Fortis: a knotty demerger [Mint, New Delhi]
Zoetis Inc. today announced that Glenn David, Senior Vice President of Finance Operations, has been named Executive Vice President and Chief Financial Officer, and will assume responsibility for the oversight of the company’ s financial management, planning and global operations, effective immediately. As CFO, David will report directly to Chief Executive Officer Juan Ramón Alaix and become part of the Zoetis Executive Team. David will succeed Executive..."/>
Zoetis Announces Appointment of Glenn David as Executive Vice President and Chief Financial Officer
M and A Navigator: Deal pipeline –22 August
Teva Pharmaceutical Industries Ltd. completed the purchase of Actavis Generics from Allergan, the stock market awaits the next event that may impact the company's share: the US Patent Office's decision on patents protecting double-dose Copaxone treatment for multiple sclerosis. Copaxone is Teva's most important branded drug, providing 21.8% of the company's revenue and $1.7 billion of its profit in the first half of the year."/>
Teva awaits fateful Copaxone patents decisions [Globes, Tel Aviv, Israel]
SeaSpine Holdings Corporation, which is traded on Nasdaq at a market cap of $117 million. NLT Spine was founded in 2006 on the basis of research by Dr. It is a graduate of the Incentive incubator in Ariel, and among its later..."/>
US co SeaSpine buys Israel's NLT Spine [Globes, Tel Aviv, Israel]
Eli Lilly and Co.' s largest business unit, is set to become Lilly's 11th CEO on Jan. 1. That's just days after the Indianapolis pharmaceutical giant is expected to release initial results on a highly anticipated Alzheimer's disease drug called solanezumab."/>
Eli Lilly's next CEO could carry first Alzheimer's treatment across the finish line [The Indianapolis Star]
UnitedHealth Group decided this year to quit selling individual insurance plans on the government-run exchanges, many health policy experts said not to worry. They insisted the move by the nation's biggest health insurer didn't spell doom for the online exchanges that were created as part of President Barack Obama's landmark health care overhaul. But last week, another insurance giant, Aetna, said it was dramatically reducing its 2017 presence on the exchanges,..."/>
A broader look at Missouri's insurance exchange and what Aetna's exit means [St. Louis Post-Dispatch]
Fortis Healthcare Ltd, a Gurgaon-based healthcare company, on Friday said its board of directors had approved the demerger of its diagnostics arm, including the business unit at subsidiary SRL Ltd, into a fully-owned unit Fortis Malar Hospitals Ltd.. The move will separate the company's diagnostic and healthcare businesses and unlock value for shareholders, said Malvinder Singh, executive chairman, Fortis Healthcare. Fortis Healthcare and Fortis Malar are..."/>
Fortis Healthcare board approves demerger of its diagnostics arm [Mint, New Delhi]
Microsoft's efforts to fight cybercrime, counterfeiting and fraud. "It's not just a server room issue."/>
Corporate directors focusing on cybersecurity [The San Diego Union-Tribune]

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