Bayer to divest Diabetes Treatment business to Panasonic Health care Holdings Co.

Bayer to divest Diabetes Treatment business to Panasonic Health care Holdings Co., Ltd. For EUR 1,022 million Bayer AG offers entered right into a definitive contract to market its Diabetes Treatment business to Panasonic Health care Holdings Co., Ltd., a firm which is supported by money sponsored by leading global expenditure company KKR and the Panasonic Company. The total factor for the deal is EUR 1,022 million . Closing of the purchase is at the mercy of customary circumstances, including relevant antitrust clearance, and is likely to happen in the first one fourth of 2016.Mr. Lei Liu, Chairman and CEO of the Company stated, We are delighted to start to see the strong start of our new pharmacies to kick off the New Year. In anticipation of Chinese authorities's acceptance for online prescription drug sales in 2015, we are making several strategic moves by focusing on item offerings, and easy accessibility of our offline and online stores. .

Bicycling and brisk taking walks associated with less pounds gain in obese, premenopausal women Bicycling and brisk taking walks are connected with less excess weight gain among pre-menopausal ladies, those who are over weight and obese especially, in the June 28 problem of Archives of Internal Medication according to a written report, among the JAMA/Archives journals.