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Boston Scientific Corporation today announced the execution of a definitive agreement under which Stryker Corporation will acquire Boston Scientific's Neurovascular business. The purchase price is $1.5 billion, payable in cash, of which $1.4 billion is payable at closing and $100 million will be payable following the closing and upon the occurrence of the commercialization of the next-generation Targetâ„¢ Detachable Coils and the transfer or separation of certain manufacturing facilities, which is anticipated to occur over a period of approximately 24 months.
As number of cases of flu rise in the UK, Health Secretary Andrew Lansley is under pressure to strengthen the flu vaccination campaign. He reinstated a public health "Catch It, Bin It, Kill It" advertising campaign after he was warned by government advisers of the need to improve immunization rates which are at their lowest this winter for many years. It had been discontinued despite helping educate the public to adopt good hygiene habits during last year's H1N1 swine flu epidemic at a cost of just £609,000. There were 12 more deaths in the last week from flu, bringing the total this winter to 39, the Health Protection Agency (HPA) said today. Thirty-six were killed by H1N1 swine flu, which is the most virulent of the two main flu strains currently circulating. The others died after contracting Influenza B, the other strain. All except one of the 39 were under 65 and four were under five.
In an interview with CNN on Sunday, Melinda Gates, co-chair of the Bill & Melinda Gates Foundation, "tried to deflect controversy" surrounding the London Summit on Family Planning to take place this week, stating that "giving women better access to contraception had become her lifetime's work," the Guardian reports (McVeigh, 7/7). "
As the standoff over raising the nation's debt ceiling continues, congressional efforts to cut entitlement programs appear increasingly likely to be pushed off until after the next election. In the background, though, both parties are focusing on Medicare and Medicaid as key to their future prospects.
Australian Health Minister Tony Abbott earlier this month approved a plan to develop a genetic profile of HIV in people living with the virus nationwide, Australia's The Age reports.
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