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Mckesson

All articles tagged with #mckesson

healthcare7 days ago•2 min saved

McKesson and CD&R to Take Option Care Health Private in $5.8 Billion Deal

McKesson and private equity firm Clayton Dubilier & Rice (CD&R) have agreed to acquire Option Care Health, the largest independent US provider of medical infusion services, for $5.8 billion including debt. The deal values the company at $32.05 per share, representing a 37% premium to its recent closing price. CD&R will hold a 51% stake, while McKesson will hold the minority interest with the right to buy out CD&R in the future. The acquisition reflects a broader trend of healthcare services companies being bought at lower valuation multiples, driven by rising demand for complex biologic medicines administered via infusion.

via Financial Times|

#clayton-dubilier-and-rice #healthcare #healthcare-services

technology1 month ago•5 min saved

Cyberattacks freeze pacemaker monitoring as McKesson breach exposes patient records

Boston Scientific reports an ongoing breach that has disrupted on-premise systems and halted new remote monitoring for cardiac devices, with ICM data needing manual transfer and no timeline for full restoration as manufacturing and shipping are affected. Separately, McKesson confirmed a breach tied to ShinyHunters, claiming access to Snowflake and Salesforce and the theft of millions of patient records (potentially up to 284 million), including personal and medical details; the attackers reportedly used voice phishing, while McKesson urges caution about the claimed numbers as investigations continue.

via The Register|

#cybersecurity #data-breach #healthcare

business3 years ago•4 min saved

Palantir's Strong Earnings Propel Stock Surge and Market Attention

Palantir shares surged nearly 20% after beating Q1 estimates and anticipating full-year profitability. Novavax stock surged 44% on promising vaccine data and cost-cutting initiatives. Under Armour slipped 5.3% after projecting earnings per share and revenue to be short of Wall Street expectations for the full year. PayPal shares shed 11% despite beating top and bottom lines and lifting guidance for the full year. McKesson rose 7.4% after exceeding Q4 expectations.

via CNBC|

#business #mckesson #novavax

business3 years ago•3 min saved

Palantir's Profit Surprise Sends Stock Soaring.

Palantir's Q1 results beat analyst estimates and the company issued guidance for full-year profitability, causing its shares to rise nearly 20%. However, 3D Systems dropped 9.8% after posting disappointing Q1 results and cutting 6% of its workforce. Skyworks Solutions shed more than 9% after issuing weaker-than-expected fiscal Q3 guidance. Under Armour's shares fell nearly 5% despite beating Q4 expectations, as its full-year outlook for revenue and earnings per share fell short of expectations. PayPal's shares fell more than 5% due to weak current-quarter earnings guidance, while McKesson rose 4.6% after posting better-than-expected quarterly results.

via CNBC|

#business #mckesson #palantir