Healthcare

Healthcare Locums Plc has reported a 108 per cent growth in sales for the full year 2007, from £65 million to £135 million. The company said that its organic like-for-like profit growth rate was up to 21 per cent, a rise from the rate of 16 per cent in 2006.

India's largest IT services, business solutions and outsourcing company, Tata Consultancy Services (TCS) has launched its second Global Delivery Center (GDC) near Hyderabad even as it announced reorganization of its global operations for better efficiency.

The outlook for the economy dipped on Friday as employers cut 17,000 jobs non-farm jobs in January, the first drop in 4 and a half years, which overturned analyst estimates that 69,000 new jobs would be added to the economy.

Microsoft Corp Chairman Bill Gates called on Thursday for a new creative capitalism to help the world's 1 billion poorest who live on less than $1 a day.

Bristol-Myers Squibb Co, as part of an expected major restructuring, on Wednesday said by 2010 it would cut its work force 10 percent and slash the number of its manufacturing plants by more than half, to generate an additional $1.5 billion in savings. The company is also planning to sell its medical imaging business and reviewing strategic alternatives for its wound healing unit. Sales would bring the company cash to boost its core pharmaceuticals business.

When Democrats and Republicans feud, the outcome is often ... nothing.

Australian healthcare firm Symbion Health Ltd will be broken up and sold to Healthscope Ltd and private equity firms in a A$2.8 billion ($2.5 billion) deal aimed at sidestepping opposition to a tie-up from a rival suitor.

President George W. Bush on Wednesday vetoed a measure to expand a popular children's health care program, launching the first in a series of major battles with Democrats over domestic spending. An extra $35 billion over five years would have been added to a health program for low-income children.

Ranbaxy Laboratories Ltd, India's top drugmaker by sales, will raise its stake in Zenotech Laboratories Ltd to 45 percent to expand into the global biogenerics market, it said on Wednesday.

Democratic presidential contender Hillary Clinton, whose first attempt at a health care overhaul fell flat 13 years ago, unveiled a broad proposal on Monday to require health insurance for all Americans and make it more affordable.

Last week, Dr. Naresh Trehan, the top cardiologist at one of India’s largest corporate hospital groups, playing the role of a modern-day Moses, quit the research center he had led for the last 20 years, triggering an exodus of sorts, with about 50 doctors set to follow him to a rival hospital.

Southern Cross Healthcare Group Plc, the care home provider today announced its pre close trading update at the end of the Company’s financial year on 1st October 2006.

Software firm Misys called off talks over a possible bid for the firm and said its chief executive, who was involved in a potential offer

Top women executives do slightly better at U.S.-based healthcare and pharmaceutical companies than in other industries, but 35 percent of big drug companies do not have a single female director, according to a new survey.

German drugmaker Merck on Thursday unveiled a surprise 16.6 billion Swiss franc (7 billion pound) deal to buy Swiss biotech firm Serono

Two thirds of the baby boom generation have made no provision for their future care, despite warnings that care homes cost an average of 21,000 pounds a year

The highly acclaimed US based Healthcare Informatics magazine has listed CBay in the 100 top companies in their annual rankings of the healthcare IT companies by revenue.