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...as July, he began an open-ended “semi-sabbatical” away from the insurance business he had been building for Apollo for 11 years....
...As Geisinger chief executive, he pushed for patients to have their genome sequenced and launched healthy food pharmacies to serve “prescriptions” to patients such as diabetics....
...It is creating an ambitious electronic patient record, which brings together anonymised data from health centres, hospitals and pharmacies for the 2.8m who live in Greater Manchester....
...Morgan Stanley advised on six out of the 10 largest deals, including US health insurer Cigna’s $68.5bn acquisition of pharmacy benefits manager Express Scripts and European media group Sky, which was approached...
...The trial is considered to be a test case that will determine the future of other mega "vertical deals", including retailer CVS’s $69bn acquisition of health insurer Aetna and the $67bn takeover of pharmacy...
...“The strategy now is to pay as little severance as possible,” says Goldstein....
...A bigger problem – and one that could still come back to haunt Blackstone – has been the waning health of global credit markets....
...The company regularly bombards television viewers with commercials showing male and female patients who have triumphed over high cholesterol to achieve a Crestor-assisted state of health....
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