Zimmer and Biomet, two leading orthopedic and spine device companies, have agreed to merge in a deal worth almost $13.4 billion.
Supply Chain
Zimmer and Biomet announced that their respective boards of directors have approved a definitive agreement, under which Zimmer will acquire Biomet in a transaction valued at approximately $13.35 billion.
The U.S. Food and Drug Administration has approved Sylvant (siltuximab) to treat multicentric Castleman's disease.
The U.S. Food and Drug Administration is requiring warning labels be added to injectable corticosteroids to describe potential serious, adverse neurological events.
Lake Forest, Ill.-based Hospira has voluntarily recalled one lot of 0.25% Marcaine, 10 ml, Single-dose Vial, Preservative Free, due to discolored solution and visible particles embedded in the glass.
Advertisement
Lexington, Mass.-based Cubist Pharmaceuticals has issued a voluntary recall of one lot of CUBICIN, an intravenously administered antibiotic, due to glass particles found in a single vial from this lot.
Medline Industries, based in Mundelein, Illinois, is a supply chain company to watch. Recent updates from the company include the purchase of disinfectant technology from Medtrol and the acquisition of anterior cervical fusion business from Amendia.
The U.S. Food and Drug Administration has proposed a program that would allow earlier access to high-risk medical devices to treat or diagnose patients with serious conditions whose needs are currently unmet.
One year after the launch of Irving, Texas-based aptitude's online contracting market, the first of its kind in the healthcare industry, the company is reporting a combined purchasing power of more than $10 billion.
From 2012 to 2013, the average salary for healthcare supply chain professionals rose by approximately 5 percent, from $83,391 to $88,342, according to Healthcare Purchasing News' 2013 salary survey.