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Supply Chain



Abbott Park, Ill.-based Abbott Laboratories and Saint Paul, Minn.-based St. Jude Medical — which Abbott is in the process of acquiring for $25 billion — plan to sell several medical devices to Japan-based Terumo for about $1.1 billion, reports Reuters.

In a recent press release, TPC, a network of independent healthcare providers and regional purchasing coalition across Arkansas, Missouri and Texas, announced they signed an agreement with Resource Optimization & Innovation (ROi), a provider-owned supply chain organization, for access to…

The number of Medicare beneficiaries receiving durable medical equipment items decreased after the implementation of a competitive bidding program, possibly from a reduction in device fraud, according to a recent report from the U.S. Government Accountability Office.

The Food and Drug Administration recently approved the use of a prefilled syringe as an acceptable delivery method for the drug Lucentis.

Ariad Pharmaceutical investors lost $387 million Friday following a tweet from Sen. Bernie Sanders' (I-Vt.) twitter account that called out the drug company for its high prices in front of an audience of 2.6 million followers, reported The Next Web.

Three-fourths of Americans expect to see the implementation of drone deliveries within the next five years, according to a new study by United States Postal Service Office of Insepector General.

Third-party logistics providers should not be concerned about technology solution providers looking to upend traditional supply chain models, according to Thorsten Meincke, senior vice president of global sea freight at Kuehne + Nagel, a major logistics and transportation company based…

Insurers are distancing themselves from the transportation industry amidst a trend of multimillion-dollar accident payouts, leaving trucking companies scrambling to find coverage for their fleets, reported The Wall Street Journal.

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