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Alibaba Raises $1.3B For Push Into eCommerce Pharmaceutical Business

PYMNTS

billion it raised in a secondary offering on the Hong Kong stock exchange to expand its eCommerce pharmaceutical business as it rides a wave of growth amid the coronavirus. Alibaba Health Information Technology plans to pump the $1.3

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Johnson & Johnson Sales Rise 8.3 Pct Amid Consumer Health, Pharmaceutical Growth

PYMNTS

percent from Q4 2019 to Q4 2020, as consumer health and pharmaceutical sales rose while medical devices worldwide operational sales fell amid the pandemic. It reported that pharmaceutical worldwide operational sales grew by 8.4 Johnson & Johnson reported on Tuesday (Jan.

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Will Your Business Valuation Expert Survive a Daubert Challenge?

RogerRossmeisl

Merrell Dow Pharmaceuticals Inc. The 30-year anniversary of Daubert v. 579) will be coming up in 2023. This decision officially made federal judges the “gatekeepers” of expert evidence against “junk science.”

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Supplylogix Secures Pharmaceutical Inventory Management Patent

PYMNTS

The company targets the pharmaceutical industry, and its patent will enable industry players to transfer inventory of medications based on demand, the firm said. “We The pharmaceutical industry is active in the exploration of tech and FinTech to enhance supply chain and other business management processes.

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IBM Targets Pharmaceuticals With Blockchain Supply Chain Tech

PYMNTS

As IBM continues its exploration of how blockchain could disrupt supply chain management, the technology firm has partnered with Hejia to introduce a solution targeting the pharmaceutical space. The solution is already working with one pharmaceutical retailer, a hospital and a bank to facilitate transactions between these parties.

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Accounting for Opioid Settlement Funds in Local Governments

LSLCPAs

With the settlements with various pharmaceutical companies and distributors being finalized recently, there’s been a lot of uncertainty about what the accounting for these settlement funds looks look. The timing of the receipts, as well as whether or not your organization was an original party to the settlement.

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Kit Check Rolls Out New Tech To Optimize Hospital Supply Chains

PYMNTS

Pharmaceutical industry software company Kit Check has rolled out Bluesight Insights, which harnesses technology for supply chain management. According to the company, more than 500 American and Canadian medical center partners have monitored in excess of 120 million pharmaceuticals via Kit Check’s RFID offering to date.