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Ophthalmic instrument company expands offerings through acquisition

Katena Products, a provider of ophthalmic equipment to the health care industry, has purchased another instrument maker, Rhein Medical Inc., it announced Tuesday. Denville-based Katena said in a news release that the deal for the...

Panel ponders solutions to shrinking small group health insurance market

The fully-insured small group insurance market is frustratingly without options. A number of insurers have decreased their offerings or exited altogether in recent years. CentraState Health CEO John Gribbin knows this all too well. “(We’re) trying to...

Quest to acquire Cleveland HeartLab, collaborate with Cleveland Clinic

Quest Diagnostics will have its first national center of excellence in cardiometabolic disorders at Cleveland HeartLab. The Secaucus company will acquire the HeartLab, where it will focus on services that aid in assessing risk and...

Bayer names new GM for therapeutics unit

Brenda L. Raphael will become Bayer’s senior vice president and general manager of the Therapeutics Business Unit of Consumer Health Commercial Operations North America beginning Oct. 30, the Whippany-based company announced. "Brenda has more than...

Fear of ACA subsidy cuts spurs hike in 2018 health insurance rates

The state Department of Banking and Insurance released the 2018 premium rates for health insurance plans in New Jersey. Insurers have previously said the latest, anticipated, move by the Trump administration to defund subsidies to...

Specialty pharma firm Pernix’s CFO is leaving

Pernix Therapeutics Holdings Inc., a Morristown specialty pharmaceutical company, announced that its president and chief financial officer is leaving at year-end to pursue other professional opportunities. Graham Miao’s resignation from the position he has held...

Generic drugmaker Amneal merges with California’s Impax

Amneal Pharmaceuticals LLC and Impax Laboratories Inc. have combined in an all-stock transaction. Shareholders of Bridgewater-based Amneal Holdings will own approximately 75 percent of the combined company, with California-based Impax’s shareholders owning about 25 percent...

NJII, Rutgers creating manufacturing institute for pharma industry

The New Jersey Innovation Institute and Rutgers University are forming the New Jersey Continuous Manufacturing Institute to advance innovative manufacturing technologies in the pharmaceutical industry. The NJCMI, a New Jersey Institute of Technology corporation, combines...

Mallinckrodt formally opens 190K sq.ft. Bedminster facility

Mallinckrodt Pharmaceuticals officially opened its new office space on Route 206 in Bedminster on Monday at an event celebrating the specialty drugmaker and its 500 workers who have moved into the 190,000-square-foot facility. U.S. Rep....

Adding RWJBarnabas to plan’s Tier 1 fuels AmeriHealth N.J. expansion

AmeriHealth New Jersey’s announced expansion into six new counties is the result of adding RWJBarnabas Health — the state’s largest health system — to Tier 1 in its AmeriHealth Advantage plan. The insurer will now...

Latest Articles

All hospitals have ‘green light’ for visitation — first time during pandemic

For the first time since its inception during last fall’s COVID-19 surge, a color-coded hospital visitation guide shows all regions of New Jersey are...

EDA details rules and regs around Emerge, successor to Grow N.J.

The New Jersey Economic Development Authority board Wednesday approved the creation of the Emerge program, a new jobs-based tax credit program created under the...

Struggling with utility bills? JCP&L has new programs that can help

Jersey Central Power & Light President Jim Fakult said the utility understands many people are struggling to pay their bill — both residential and...

Developers break ground on senior housing project in E. Orange

Real estate firm Genesis Cos. has broken ground on a senior supporting housing development in East Orange, it announced Wednesday. The property at 160 Halsted...

High Technology in Freehold named top STEM high school in U.S. — one of...

Gov. Phil Murphy has long talked about creating an innovative economy in New Jersey. It appears there are a number of high schools ready...