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Supply Chain



In a move to expand its cancer immunotherapy pipeline, Merck & Co. inked a deal Wednesday to buy Viralytics, a virus-based cancer drug firm, for 502 million Australian dollars ($394 million), according to Reuters.

Medtronic CEO Omar Ishrak, PhD, is taking the medical device company in a slightly different direction: accepting more risk in how it gets paid for its products, according to The Wall Street Journal.

AbbVie, a pharmaceutical company based in North Chicago, Ill., teamed up with Voyager Therapeutics, a clinical-stage gene therapy company, to develop a treatment for neurodegenerative diseases such as Alzheimer's.

3M Co. recalled 33,108 cases of its underbody warming blankets used to keep patients warm during surgery, according to an FDA safety alert issued Feb. 12.

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