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January 20, 2017

Government News

  • Schuchat takes position as acting head of CDC
  • Distributor News

  • Henry Schein acquires majority interest in Dental Cremer SA
  • Manufacturer News

  • Ethicon acquires Megadyne Medical Products
  • Merck's "MSD for Mothers" commits $10M to maternal & child health
  • Thermo Fisher Scientific updates Gemini handheld analyzer
  • Hospital and IDN News

  • Luke named CEO of St Joseph's Health
  • RWJBarnabas Health, CHOP propose strategic affiliation
  • Tips for Greater Success

  • 5 Tips for a Great Morning
  • News of the Weird

  • Rejected Skittles blanket Wisconsin highway
  • That would have been one hefty late fee
  • Stock Watch

  • Health Stocks
  • Government News
    Schuchat takes position as acting head of CDC

    Dr. Anne Schuchat, principal deputy director for the CDC, will take over as acting head on January 20, 2016. She will succeed outgoing director Dr. Tom Frieden, who will resign once President-elect Donald Trump is inaugurated, as is customary. Schuchat has served in her current role since 2015. From 2006 to 2015, she headed the CDC's National Center of Immunization and Respiratory Diseases and led the agency's response during 2009's H1N1 influenza pandemic. Schuchat will remain as director until a replacement is named by the incoming HHS secretary.

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    Distributor News
    Henry Schein acquires majority interest in Dental Cremer SA

    Henry Schein Inc (Melville, NY) completed the acquisition of a majority ownership interest in Dental Cremer SA (Blumenau, Brazil), a distributor of dental supplies and equipment in Brazil. The company had 2016 net sales of approximately $145 million, serves nearly 90,000 dental practitioners across Brazil, and has more than 1,000 team members. Dental Cremer CEO Paulo Batista and members of Dental Cremer's management team will join Henry Schein. Batista will continue to lead Dental Cremer as Managing Director. Financial terms of the agreement were not disclosed.

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    Manufacturer News
    Ethicon acquires Megadyne Medical Products

    Ethicon Endo-Surgery Inc, part of Johnson & Johnson (New Brunswick, NJ), acquired Megadyne Medical Products Inc (Draper, UT), a privately held medical device company that develops, manufactures, and markets electrosurgical tools used in operating rooms. The deal pairs the intelligence of Ethicon's advanced energy devices with Megadyne’s portfolio of electrosurgical tools. Financial terms of the agreement were not disclosed.

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    Merck's "MSD for Mothers" commits $10M to maternal & child health

    Merck (Kenilworth, NJ) announced a $10 million commitment to the Global Financing Facility (GFF) in support of “Every Woman Every Child” to improve maternal and child health in low- and lower-middle-income countries worldwide through its MSD for Mothers initiative. The GFF, a multi-stakeholder partnership hosted by the World Bank Group, has a goal of preventing an estimated 3.8 million maternal deaths, 101 million child deaths, and 21 million stillbirths by 2030. The contribution to the GFF Trust Fund, which is the first from the private sector, will be used for innovative financing and public-private partnerships to scale up high-impact interventions to help women and children to survive and thrive through critical periods of life: birth, the early years and adolescence. MSD will also provide business expertise to strengthen this multi-stakeholder partnership.

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    Thermo Fisher Scientific updates Gemini handheld analyzer

    Thermo Fisher Scientific (Waltham, MA) announced a software update to its Gemini handheld analyzer that will allow military personnel, bomb technicians, hazmat teams, and first responders to perform virtual mixture analysis in the field. The Gemini analyzer v1.6 software update integrates HazMasterG3, a support system manufactured by Alluviam LLC that is designed to deliver actionable insights by allowing users to virtually mix chemical substances, interpret the results rapidly, and protect themselves and the public from the effects of dangerous chemical combinations. The extensive onboard library is designed to allow users to identify unknown solids and liquids, including explosives, chemical warfare agents, industrial chemicals, and precursors. For more information on the Thermo Scientific Gemini analyzer and the Gemini 1.6 software update that integrates HazMasterG3, visit www.thermofisher.com/gemini or visit www.thermofisher.com.

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    Hospital and IDN News
    Luke named CEO of St Joseph's Health

    St Joseph’s Health (Syracuse, NY) named Leslie Paul Luke as president and CEO. He currently serves as interim CEO of Tennova East (Knoxville, TN) and will succeed Kathy Ruscitto on February 20, 2017. St Joseph’s is a member of Trinity Health (Livonia, MI).

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    RWJBarnabas Health, CHOP propose strategic affiliation

    RWJBarnabas Health (Orange, NJ) and Children's Hospital of Philadelphia (CHOP) (Philadelphia, PA) signed a letter of intent to form a strategic affiliation. The proposal would create an improved network of pediatric care serving central and northern New Jersey. No funds or ownership would be exchanged. The organizations believe the deal would improve access, delivery, quality, and efficiency of pediatric health services and create the most comprehensive pediatric health network in the region. A formal partnership agreement is expected to be finalized in the near future. A specific date was not disclosed.

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    Tips for Greater Success
    5 Tips for a Great Morning

    In this week’s Tips for Greater Success, Dan Nielsen, founder of AmericasHealthcareLeaders.com and NIHCL.com, writes, "One of the most essential steps to success is establishing a morning routine. A productive morning generally leads to a productive day." Nielsen describes a Forbes article titled "Feel Like a Boss Before 7:30am With These Five Habits," in which writer Leif Walcutt recommends five habits to start your day: Disconnect, Exercise, Meditate, Set Goals, and Eat a Healthy Breakfast. To read the rest of this week's Tips, visit dannielsen.com/2017/01/19/5-tips-for-a-great-morning/.

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    News of the Weird
    Rejected Skittles blanket Wisconsin highway

    This week in Dodge County, Wisconsin, residents literally saw red when a stretch of highway was covered in hundreds of thousands of Skittles candies—all red. The candy fell off a flatbed truck. The story got even stranger when officials learned the candy was part of a reject batch that was on its way to a ranch to become supplementary cattle feed. Apparently when the price of corn is high, farmers give their cows leftover candy, which is a cheap source of carbs.

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    That would have been one hefty late fee

    The Tompkins County Public Library in Ithaca, New York decided not to charge any late fees for a copy of Tolkien’s The Hobbit after it was returned 38 years late. Bob James  checked out the book before enlisting in the Marines in 1979. The book was so popular with his fellow Marines that there was a waiting list. James says the book was passed along to Marines and sailors serving aboard at least eight different ships in the western Pacific.

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    Stock Watch
    Health Stocks

    Quotes last updated at 1/19/2017 6:06:15 PM EST

    Company Price Change Trends
    S&P 500 Index 2263.69 -8.20 Analyze
    NASDAQ Composite 5540.08 -15.57 Analyze
    ABBVIE INC 61.38 -0.28 Analyze
    AMERISOURCEBERGN 85.47 -0.04 Analyze
    ABBOTT LABS 40.40 -0.36 Analyze
    ALERE INC 39.93 -0.34 Analyze
    BAXTER INTL INC 46.57 -0.20 Analyze
    CR BARD INC 231.88 -2.65 Analyze
    BECTON DICKINSON 173.52 -0.46 Analyze
    BRISTOL MYERS SQ 55.49 -0.58 Analyze
    BOSTON SCIENTIFIC 23.88 -0.04 Analyze
    BOVIE MEDICAL CORP 3.94 +0.09 Analyze
    CARDINAL HEALTH 75.55 -0.25 Analyze
    CERNER CORP 51.64 -0.65 Analyze
    CLOROX 120.25 -0.66 Analyze
    CANTEL MEDICAL 81.14 +0.00 Analyze
    CONMED CORP 43.63 -0.30 Analyze
    CEPHEID 52.95 +0.00 Analyze
    CRYOLIFE 18.50 -0.15 Analyze
    DANAHER 80.60 -0.59 Analyze
    DIVERSICARE HEALTHCARE SERVICES 8.6392 -1.0508 Analyze
    DYNACQ HEALTHCARE 0.08 +0.00 Analyze
    EXPRESS SCRIPTS 72.45 -0.22 Analyze
    GENERAL ELECTRIC COMPANY 31.21 -0.02 Analyze
    HCA 78.62 -1.11 Analyze
    HMS HOLDINGS 17.99 -0.15 Analyze
    HOLOGIC INC 39.60 -0.35 Analyze
    HILL-ROM HOLDINGS INC 59.31 -0.11 Analyze
    HENRY SCHEIN 157.73 -1.96 Analyze
    HEALTHSTREAM INC 23.19 -0.21 Analyze
    INTEGRA LIFESCIENCES HOLDINGS CORP 41.99 -0.70 Analyze
    ICU MEDICAL 134.50 +0.00 Analyze
    JOHNSON & JOHNSON 114.20 -0.50 Analyze
    MASIMO CORP 71.79 -0.40 Analyze
    MCKESSON CORP 147.29 -2.45 Analyze
    MEDASSETS N/A +0.00 Analyze
    MEDTRONIC INC 75.30 -0.37 Analyze
    MIMEDX GROUP INC 8.08 +0.02 Analyze
    3M COMPANY 178.68 +0.19 Analyze
    MERIT MEDICAL SYSTEMS 25.70 -0.65 Analyze
    MICROSOFT 62.30 -0.20 Analyze
    MYLAN LABS 36.95 -0.24 Analyze
    OMNICELL 33.95 +1.30 Analyze
    OWENS & MINOR 36.22 -0.59 Analyze
    PHILIPS 30.11 -0.13 Analyze
    PREMIER INC 32.35 -0.42 Analyze
    QUIDEL CORP 19.52 -0.22 Analyze
    SUPERIOR UNIFORM GROUP 17.13 -0.25 Analyze
    SMITH & NEPHEW 30.23 -0.14 Analyze
    STERIS CORP 69.74 -0.32 Analyze
    STANLEY BLACK & DECKER INC 119.66 -0.54 Analyze
    STRYKER CORP 122.13 -0.27 Analyze
    TELEFLEX MEDICAL 166.03 -0.39 Analyze
    THERMO FISHER SCI 144.32 -0.34 Analyze
    ZIMMER HOLDINGS 113.56 +0.00 Analyze
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