Danaher, Cincinnati Children's Hospital Partner To Improve Patient Safety In Early Clinical Trials

RTTNews | 451 days ago
Stocktwits
Danaher, Cincinnati Children's Hospital Partner To Improve Patient Safety In Early Clinical Trials

(RTTNews) - Science and technology innovator Danaher Corp. (DHR) launched Monday a strategic collaboration with Cincinnati Children's Hospital Medical Center, with the goal of improving patient safety by addressing a leading cause of failure in clinical trials.

As part of the Danaher Beacons program, the multi-year collaboration aims to improve liver organoid technology as a drug toxicity screening solution for safeguarding patients, which could accelerate development of new therapies and potentially save billions of dollars in wasted research and development productivity each year.

More than 20% of clinical trials fail due to drug-induced liver injury (DILI), which leads to as much as $3 billion annually in lost effort. Molecular Devices, a Danaher subsidiary and leading high-performance life science solutions provider, will build on a long-standing relationship with Cincinnati Children's to lead the Beacon's work.

Tags: DHR
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Danaher To Acquire Abcam In About $5.7 Bln All-cash Deal

Danaher To Acquire Abcam In About $5.7 Bln All-cash Deal

Science and technology innovator Danaher Corp. (DHR) announced Monday that it has entered into a definitive agreement to acquire Cambridge, UK-based Abcam plc (ABCM), a supplier of protein consumables, pursuant to which Danaher will acquire all of the outstanding shares of Abcam for $24.00 per share in cash, or a total enterprise value of approximately $5.7 billion, including assumed indebtedness and net of acquired cash.
RTTNews | 612 days ago
Thai Bourse May Reclaim 1,200-Point Level

Thai Bourse May Reclaim 1,200-Point Level

Ahead of Thursday's Labor Day holiday, the Thai stock market had moved higher in four straight sessions, gathering more than 50 points or 4.2 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,200-point plateau and it's expected to tick higher again on Friday.
RTTNews | 33 minutes ago
Win Streak May Continue For Indonesia Stock Market

Win Streak May Continue For Indonesia Stock Market

Ahead of Thursday's Labor Day holiday, the Indonesia stock market had moved higher in four straight sessions, advancing almost 160 points or 2.5 percent along the way. The Jakarta Composite Index now rests just beneath the 6,770-point plateau and it's tipped to open in the green again on Friday.
RTTNews | 1h 3min ago
Japanese Market Significantly Higher

Japanese Market Significantly Higher

Extending the gains in the previous six sessions, the Japanese market is significantly higher on Friday, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving up to near the 36,900 level, with gains in index heavyweights, automakers and exporters partially offset by weakness in financial stocks.
RTTNews | 1h 6min ago
Australian Market Modestly Higher

Australian Market Modestly Higher

The Australian stock market is trading modestly higher on Friday, adding to the gains in the previous six sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving to near the 8,200 level, with gains in financial and energy stocks partially offset by weakness in gold miners and technology stocks.
RTTNews | 1h 26min ago
Higher Open Called For Hong Kong Stock Market

Higher Open Called For Hong Kong Stock Market

Ahead of Thursday's Labor Day holiday, the Hong Kong stock market had finished higher in two straight sessions, collecting almost 150 points or 0.7 percent along the way. The Hang Seng Index now sits just beneath the 22,120-point plateau and it may add to its winnings on Friday.
RTTNews | 1h 33min ago
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