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...An article on the central government’s website, published by the official Xinhua news agency, noted that in March 2007, to “leverage external brains and gather a wide range of ideas”, McKinsey’s China arm...
...One-year-old healthcare start-up Hippocratic AI has gained a $500mn valuation following a funding round, as Silicon Valley investors seek to cash in on promising new applications built using generative artificial...
...Sanders wrote to Lars Fruergaard Jørgensen, chief executive of the Denmark-based drugmaker, to inform him the US committee that oversees healthcare was investigating “the outrageously high prices” the company...
...J&J was valued at $367bn, as of market close in New York on Thursday....
...A former top investment banker at Centerview Partners did not strike a valid agreement to become a full-fledged partner at the elite advisory firm during a restaurant meeting held more than a decade ago,...
...US healthcare giant UnitedHealth Group swung to a loss in the first quarter, as costs incurred by a data breach at its Change Healthcare subsidiary weighed on earnings....
...The New Jersey-based healthcare company said it would pay $335 per share in cash to acquire Shockwave, which specialises in manufacturing a catheter-based treatment for patients with calcified arteries....
...Bob Sternfels, McKinsey’s global managing partner, told a US Congressional hearing earlier this month that the firm had never worked for the Chinese central government. Read more here...
...Shares in energy unit GE Vernova, GE Aerospace and GE Healthcare all declined more than the S&P 500 on Tuesday....
...Gross, 53, will start as co-managing partner on April 1, succeeding Jonathan Lavine....
...The two units were all that remained after 2023’s GE Healthcare spinout....
...Others in the sector were down more than 3 per cent, including Solventum, the healthcare group that was spun out from 3M earlier this week....
...GE Healthcare, which was spun off at the start of 2023, fell 1.6 per cent. The S&P 500 dropped 0.7 per cent....
...The bank’s Petershill Partners private equity unit on Tuesday agreed to buy more than 20 per cent of Kennedy Lewis, valuing the firm at north of $1bn, said two people with knowledge of the matter....
...Three US healthcare companies — Radiology Partners, Pluto Acquisition and Cano Health — defaulted last month, in part due to the implementation of the No Surprises Act, which came into force in 2022 and...
...US healthcare stocks featured heavily among Wall Street’s worst performers after the White House’s payment rate to private Medicare plans came in below market expectations....
...“There is also a growing need for increased spending as we continue transitioning to a greener economy, restructuring global supply chains, boosting military expenditure and battling rising healthcare costs...
...“Misaligned incentives across the US healthcare system have led to meaningful delays and barriers to biosimilar adoption, resulting in significant missed opportunities for healthcare savings,” the Swiss...
...group New Generation Research....
...PwC stripped three senior partners of their management roles and disqualified one of them from the race to run its US business after finding they breached leadership election rules....
...Contracts tracking Wall Street’s S&P 500 and the tech-heavy Nasdaq Composite were up 0.1 per cent ahead of the New York trading session....
...Despite opening in positive territory on Monday, Wall Street’s benchmark swung to close 0.2 per cent lower as real estate, industrials and healthcare groups slipped....
...Amazon is also launching same-day delivery for certain treatments in New York City and Los Angeles starting on Tuesday....
...The benchmark S&P 500 was up 0.1 per cent in early trading New York on Monday, the first day of the second quarter. The tech-dominated Nasdaq Composite was up 0.5 per cent....
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