Dutch Competition Authority NMa provides clearance for acquisition of HandicareFollowing the announcement of the anticipated acquisition of Handicare by Nordic Capital Fund VII in June 2010, the Dutch Competition Authority NMa initiated an investigation, because of another Nordic Capital Fund’s holding in power wheelchair manufacturer Permobil. Although Handicare and Permobil are two independent companies and [...]
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World AIDS Day 2010
Press Release: Injecting drug use and growing HIV/AIDS epidemic in Middle East and North Africa region to be focus of the International Harm Reduction conference taking place in Beirut, Lebanon April 3-7 2011 Over 1000 researchers, activists, social workers and politicians from some 80 countries to attend the International Harm Reduction Association’s 22nd International Conference [...]
Will Everyone Get Alzheimer’s If They Live Long Enough?
Press Release: Our society is faced with a disturbing reality: According to the Alzheimer’s Association, nearly half of all people age 85 and older will develop Alzheimer’s — a disease that currently has no cure. Caring for a person with Alzheimer’s costs $1 million over the course of a lifetime, yet the NIH funds only [...]
Innovative United Kingdom (UK) Companies Head To Medica 2010 – Germany
UK healthcare companies enhance worldwide export links UK healthcare companies are travelling to Germany this month to exhibit at MEDICA 2010 – the largest healthcare exhibition in the world – in a bid to strengthen their export links globally and sell their products into new markets around the world. With a wealth of healthcare research, [...]
Permobil Follows Up On Rehacare 2010 With Corpus 3G Power Chair Seating System
Press: With the new Corpus 3G – SEATING SYSTEM Featuring a clean open design with a flat seat pan and an integrated cable management system, the new Corpus 3G is stylish and sleek with all of the comfort and feel of the original Corpus. Created to fit the contours of the body, the Corpus 3G [...]
Invacare Announces Tender Offer
Update October 15, 2010: Invacare Announces Extension of Consent Expiration in Tender Offer and Consent Solicitation for Its 9 3/4% Senior Notes Due 2015. Invacare has announced a tender offer on it’s high interest paying debt which is costing 9,75%. This was obtained while combating reimbursement issues and low cost Asian competition. Releasing this debt [...]
AXURA®/AKATINOL® (Memantine) – New Data For Alzheimers Presented At EFNS
Interesting news on Alzheimers just presented: AXURA®/AKATINOL® (Memantine) enhances language and communication skills in patients with Alzheimers disease new data presented at the EFNS Congress Geneva, Switzerland [September 28, 2010] Memantine enhances language and communication skills in patients with moderate to severe Alzheimers disease (AD), a valuable contribution for patient independence and quality [...]
Handicare Announces Dutch Competition Authority NMa Investigation
Handicare released this statement today regarding the Dutch competition authority investigation following it’s new relationship with Nordic capital: Announcement on Dutch competition authority NMa investigation Moss, 23 August 2010 – The owners of Handicare signed a sales and purchase agreement with Nordic Capital Fund VII in June. Such an ownership change is subject to customary [...]
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