August 03, 2020 - Siemens Healthineers will acquire Varian Medical Systems (Palo Alto, CA) for about $16.4 billion in cash. Siemens offered $177.5 a share for Varian, 24% more than its closing price on Friday. The bid will be financed through both debt and equity, Siemens Healthineers says. The purchase will bring together two partners that have collaborated for more than … [Read more...]
Siemens antibody test for COVID-19 outperforms others
Siemens Healthineers has developed an antibody test that outperformed others in an evaluation by Public Health England (PHE). PHE and the University of Oxford collected and analyzed 536 samples taken from adults with laboratory-confirmed infections more than 20 days after the onset of COVID-19 symptoms. They also tested 994 research specimens taken between 2015 and 2018. … [Read more...]