Labcorp to spin off clinical-development business

July 28 (Reuters) – Laboratory Corp of America Holdings (LH.N) said on Thursday it would spin off its wholly owned business focused on clinical drug trials, sending its shares up nearly 4%. The planned spin-off will result in two independent, publicly traded companies – Labcorp and the clinical development business, the company said. The clinical-development … Read more

Fresenius cuts FY outlook on higher costs at dialysis business

Samples of products of Fresenius and Fresenius Medical Care are on display during the company’s annual news conference at their head quarters in Bad Homburg Germany, February 20, 2019. REUTERS/Kai Pfaffenbach Register now for FREE unlimited access to Register July 27 (Reuters) – German healthcare group Fresenius SE (FREG.DE) cut its full-year earnings outlook … Read more

Centene to sell some Europe-based hospital businesses to Vivalto Santé

July 25 (Reuters) – Centene Corp (CNC.N) said on Monday it has agreed to sell its Spanish and Central European businesses to French private hospital company Vivalto Santé, as the health insurer streamlines its portfolio. Last year, Centene said it was evaluating strategic alternatives for its international business as well as looking to divest non-core … Read more