-
Traditional health insurers are increasingly diversifying into other healthcare service businesses, including care delivery, pharmacy benefits, and technology.September 24
-
Teladoc’s $18.5 billion acquisition of Livongo, Thirty Madison's raising $47 million from partners including Johnson & Johnson and Humana's investing $100 million in Heal are among recent deals.September 23
CEOEmocha
-
Illumina buys cancer research startup Grail. ByteDance reaches deal with Oracle and Walmart for TikTok assets. Microsoft makes its biggest video game acquisition ever. Blue Sage raises third Fund. More PE news from Carlyle, TA and Sagewind.September 21
-
Grail, originally founded by Illumina and later spun out as a standalone company, is developing a blood test that aims to detect cancers early. The company has high profile tech and healthcare backers, including Bill Gates, Jeff Bezos, Merck and Johnson & Johnson.September 21
-
Gilead buys Immunomedics. Steve Cohen purchases the New York Mets. Verizon acquires TracFone.September 18
-
Carlyle backs Victory Innovations, which is seeing a high demand for its sprayers, as businesses adopt stringent cleaning practices in the pandemic. Virgin Group founder Richard Branson raises SPAC. Antares closes first senior loan fund. PE news from Clearlake and GI.September 17
-
Merger Monday: Gilead buys Immunomedics to boost cancer treatment portfolio. Nvidia purchases Softbank's chip division. Verizon buys Tracfone. PE news from TH Lee and FP.September 14
-
Acquiring Immunomedics will give Gilead an immediate presence in the enormous market for drugs that treat solid tumors such as breast cancer, complementing its medicines like Yescarta that are focused on blood tumors.September 14
-
Carlyle backs Grand Rounds, as demand for virtual healthcare services grows. J.C. Penney reaches deal to sell to landlords. Stone Point, Omnitracs and Leeds Equity make software-related deals.September 10
-
Pharmaceutical giants including AstraZeneca, GlaxoSmithKline and J&J race to develop a coronavirus vaccine. Blackstone Group and Global Infrastructure Partners reportedly offer to buy railroad operator Kansas City Southern. Roark buys ServiceMaster Brands.September 3
