Health and Pharmaceuticals

Chris Smith tapped as Cochlear CEO

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Biotech company appoints president of North American operations to top job, Chris Roberts to exit in August.

Orion Health widens FY loss

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Software firm records deep FY loss but remains confident of market position, lifts revenue.

Ley backs away from PBS co-payment

by AAP
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Health Minister concedes the govt won't get a $1bn budget saving on subsidised medicines through parliament.

NT could reject NDIS, follow WA

by AAP
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NT government vows to reject the scheme if trials fail.

Health start-up seals record crowdfunding sum

by AAP
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Global Kinetics Corporation's $1.5 million equity raising billed as Australia's largest.

Pharmaxis boosted by drug sale

by AAP
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Biotech shares lift after group sells drug to Germany's Boehringer Ingelheim for $750m.

Govt pledges $19bn for pharmacy medicines

by AAP
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Ley inks deal with pharmacies to dispense taxpayer-subsidised medicines for the next five years.

Ramsay Health Care in China play

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Ramsay's JV with Sime Darby Berhad inks deal with Chinese group to form new partnership.

Primary unit sale talk swells

Primary Healthcare’s general practitioner software business is set to be placed back up for sale.

ResMed plunges 18% on clinical trial

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Investors dump ResMed stock after study showed air-flow device increased death rate.

Sirtex soars on cancer drug study

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Cancer treatment group's stock posts biggest jump in 10 years after successful trial.

Hockey confirms drug co-payment

by AAP
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Treasurer says govt will pursue increase in patient co-payment for prescription drugs.

Budget to boost health stocks: JP Morgan

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JP Morgan analysts say Federal Budget should help lift ASX-listed healthcare firms.

Budget stands by state funding shift

by AAP
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Hockey maintains slowing of federal funding for state schools, hospitals.

No decision on Aust Hearing

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Cormann says govt yet to decide on privatisation as it weighs impact of NDIS.

Novogen soars on positive drug study

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Drug discoverer shares surge 15% after positive data from cancer-fighting drug study.

Pharmaxis shares surge on supply deal

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Biotech firm inks new deal with Chiesi to distribute Bronchitol product in key EU markets.

Drug firms set for budget war

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Drug companies are on the brink of war with the Abbott government over proposed cuts in next week’s budget.

Sigma warns on pharmacy changes

by AAP
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Proposed ownership changes won't necessarily benefit sector, Sigma Pharmaceuticals says.

China to lift drug price controls

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Beijing moves to allow the market a larger role in setting prices in the world’s second-largest pharmaceutical market.

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