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Rockwood completes 1.96B CeramTec sale
Princeton-based specialty chemicals company Rockwood Holdings Inc. announced Wednesday it has completed its sale of German ceramics producer CeramTec to European private equity firm Cinven for € 1.49 billion ($1.96 billion).
C.R. Bard acquiring Rochester Medical in 262 million deal
C.R. Bard Inc. has agreed to acquire Rochester Medical Inc., a developer and supplier of silicone urinary incontinence and urine drainage products, for about $262 million, or $20 a share.
Tris Pharma inks 20 million licensing deal with FSC Labs
South Brunswick pharmaceutical company Tris Pharma has inked a licensing agreement to commercialize Karbinal ER, the first time-release drug that treats allergic rhinitis in children aged 2 and older.
Employers groups blast Fulop bill to require paid sick leave for private sector
Jersey City Mayor Steven Fulop's plan to make his city the first in New Jersey to require employers to provide paid sick days is drawing support from unions and advocacy groups, but opposition from business lobbyists — who are also fighting a bill in Trenton that would mandate paid sick time for all New Jersey workers.
Immunomedics appoints new CFO
Morris Plains-based Immunomedics Inc. announced Tuesday it has appointed a new vice president for finance and chief financial officer. Peter Pfreundschuh will take over for Gerard Gorman after a transition period.
Dako, Omnyx will partner on European project
Cancer diagnostics provider Dako, a subsidiary of Agilent Technologies, announced Aug. 30 it will launch a clinical image analysis partnership in Europe with Omnyx LLC, a joint venture of GE Healthcare and the University of Pittsburgh Medical Center.
ITC Nexus acquires San Diego company
Edison-based ITC Nexus Holding Co., a global leader in hemostasis management and testing, announced Aug. 30 the acquisition of Accumetrics, which assesses patient response to antiplatelet therapies.
Vanguard aims to offer doctors the best of both worlds
Dr. Robert Eidus believes Vanguard Medical Group’s story will resonate with doctors who want to remain independent, rather than be employed by hospitals — but who are frustrated with the mounting bureaucracy and expense of running a medical practice.
Affordable Care Act provision encourages subsidized employee coverage
A provision in the Affordable Care Act will offer substantial tax credits to small-business owners who offer subsidized coverage to their employees. But as with all other things related to the ACA, business owners are taking a wait-and-see approach.
Three thoughts from a top leader in the state
State’s first palliative fellowship appointed as industry looks to solve costs of end-of-life care
Hospice and palliative care in New Jersey, increasingly recognized as an alternative to the state's long history of delivering high-cost, medically intensive end-of-life care, is getting further support with the appointment of the state's first hospice and palliative care physician fellowship.
ACA costs still unknown, but the consult is free
Like any CEO, Phil Vigeant knew the Affordable Care Act was going to have a huge financial impact on his company.
But when he got a call from EisnerAmper to discuss its ramifications, he immediately got a good piece of financial news: The consultation would be free.
