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Cranbury pharma firm names ex-Celgene exec its COO, CFO

PMV Pharmaceuticals Inc. announced a new chief operating officer. Winston Kung also will serve as chief financial officer for the Cranbury-based company. Kung was previously vice president of business development and global alliances at Celgene, and...

Health insurer Oscar touts online application process

Oscar Health Insurance, the new entry into the small group health insurance market in New Jersey, has focused on streamlining the application process this year. The company claims it is the only health insurer to...

Care coordination business makes deals for two firms

Concordia Care Inc. will acquire Atlantic Imaging Group, a diagnostic testing network with radiology facilities in 48 states. Concordia, which coordinates care through a variety of health programs, has its New Jersey location in Wall...

Mount Laurel company buys French firm’s pharma business

A subsidiary of the Mount Laurel-based PMC Group International Inc. has acquired the pharma business of Isochem SAS of France. Isochem is a fully integrated business comprised of research, product/process development, regulatory approvals, pilot scale...

Health care IT company promotes two to CEO, president

Somerset-based MTBC has announced two promotions. The cloud-based health care information technology solutions and services company made President Stephen Snyder its CEO. A. Hadi Chaudhry, vice president of global operations, will take over as president. Founder Mahmud...

‘Eds & Meds’ are in a race to finish line for financing

With Republican tax reform proposals looming, health and educational institutions in New Jersey are scrambling to push through projects that rely on bond issuances. In both the plan that passed the U.S. House of Representatives...

Ricci named St. Francis Medical Center’s interim president

St. Francis Medical Center has a new interim president, David Ricci, a former CEO and president of Saint Michael’s Medical Center in Newark. The Trenton hospital is currently merging with Cooper University Health Care as...

Rutgers sponsoring Trinitas medical education program

Rutgers University is sponsoring 42 graduate medical students as part of a new residency program at Trinitas Regional Medical Center that began on Nov. 1. The program focuses on internal medicine and psychiatry, which diversifies...

Medicines Co. selling unit to Melinta for $270M-plus

The Medicines Co. has entered an agreement to sell its infectious disease business unit to Melinta Therapeutics Inc. The Parsippany-Troy Hills-based company will receive $270 million in upfront consideration and guaranteed payments, tiered royalty payments...

Meadowlands Hospital sale one step closer to reality

The State Health Planning Board approved the sale of the troubled Meadowlands Hospital Medical Center to the owner of two surgical centers in North Jersey, pending approval of the Department of Health’s acting commissioner,...

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