ALLEGAN - Mylan NV lost its $26 billion hostile bid for Perrigo Co. after a seven-month pursuit, a rare outcome in what shaped up to be one of the most bitter takeover battles in decades, the Wall Street Journal reported Friday. Mylan said that about 40 percent of Perrigo’s shares were tendered in the offer. It needed at
LANSING – Join Gov. Rick Snyder and leaders of Life Sciences, politics and academia on December 8 to discuss how best to unleash Michigan’s biosciences research and development, and manufacturing potential to stimulate economic growth. The Michigan Bio-Sciences Growth Summit will discuss the details of a forward-looking strategy for building a strong, statewide biosciences cluster
WARREN - Wellness increases productivity, whether it’s for an organization or business. The Best and Brightest in Wellness awards provide companies, schools and churches with the opportunity to gain recognition and showcase their best practices. The program highlights those that promote a culture of wellness, and those that plan, implement and evaluate efforts in employee
TROY - Automation Alley has been awarded $45,000 from the Business Accelerator Fund to assist local tech startup Halley Orthopedics. Halley Orthopedics, recently named Startup of the Year at Automation Alley’s 15th Annual Awards Gala, is improving patient lives and helping transform the U.S. healthcare system with its X10 integrated recovery system for knee patients.
LANSING - Rising health care costs, due to medical errors, unnecessary treatments and an antiquated payment structure, is dragging down consumer spending in other areas, an ultimately hurting the economy, a report released by the Economic Alliance of Michigan said. Eventually, some way has to be found to control health care costs, said Bret Jackson,
DETROIT - New startup Akadeum Life Sciences closed a round of funding this month that brings them to a total of $1 Million in funding. The life sciences startup in Ann Arbor has found a unique way to improve diagnostics. “We improve life science research and diagnostics by capturing cells with microbubbles,” said Brandon McNaughton, Co-founder and
ANN ARBOR - Blaze Medical Devices has been awarded a $150,000 Phase I Small Business Innovation Research grant from the Food and Drug Administration, in collaboration with University of Michigan Health System Center for Circulatory Support. The focus of this grant is to study damage to patients’ red blood cells caused by left ventricular assist
LANSING – On Dec. 8, join Gov. Rick Snyder and leaders from the bio-industry, academia and policy institutes for a half-day conference that will look at ways Michigan can harness its biosciences R&D to its manufacturing prowess to stimulate economic growth. MichBio, the state’s life sciences trade association, has selected a powerful lineup of speakers
LANSING – MichBio's annual Biosciences Capitol Day Oct. 20 is the chance for members to showcase their innovative products, services, and discoveries at the Michigan State Capitol in Lansing. Members are invited to set up a display table in the Capitol's rotunda to catch the eyes and ears of Michigan legislators. The event takes place
DETROIT - Asterand Bioscience Inc., the Wayne State University TechTown research company, Tuesday announced the acquisition of AdeptBio LLC, a Memphis, Tenn.-based company that procures human tissue specimens. Terms were not announced. Said Peter Ferrigno, CCO of Asterand Bioscience: "Together, we will strengthen our partnership with the pharmaceutical and diagnostic community, providing unparalleled quality samples,
