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CVS Health Corporation and Omnicare, Inc. announced today that they have entered into a definitive agreement for CVS Health to acquire Omnicare, the leading provider of pharmacy services to long term care facilities, for $98.00 per share in cash, for a total enterprise value of approximately $12.7 billion, which includes approximately $2.3 billion in debt.
Haven Behavioral Hospital of Eastern Pennsylvania announced today it is offering acute intensive, inpatient and partial day treatment programs for adults with major psychiatric illnesses. The hospital will operate within the downtown campus of St. Joseph Medical Center and will offer services for adults suffering from schizophrenia, bipolar disorder, depression and anxiety disorders.
NUCRYST Pharmaceuticals, a developer and manufacturer of medical products that fight infection and the Advanced Wound Management division of Smith Nephew plc announced today the European launch of Acticoat(TM) Flex3 and Acticoat(TM) Flex7. The Flex range is the newest addition to the Acticoat(TM) portfolio of dressings with NUCRYST's proprietary SILCRYST(TM) nanocrystalline silver coatings.
A new Phase I study is in the pipeline that would try the effects of low dose radiation therapy for patients with Alzheimer's disease. The researchers from the Beaumont Research Institute in Royal Oak, Michigan are in the process of recruiting patients for their study. The study is titled, "Study of Low Dose Whole Brain Irradiation in the Treatment of Alzheimer's disease".
Lack of breastfeeding in infancy may lead to chronic diseases later in life say researchers. At present 90% of people aged between 35 and 40 were not breastfed as babies.
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