WebMD To Be Acquired By KKR's Internet Brands

WebMD Stockholders to Receive $66.50 Per Share in Cash
Transaction Valued at Approximately $2.8 Billion
 
NEW YORK, July 24, 2017 -- WebMD Health Corp. (NASDAQ: WBMD), the leading source of health information, and Internet Brands, a KKR portfolio company, today announced that Internet Brands has entered into a definitive agreement to acquire WebMD in a transaction valued at approximately $2.8 billion. 
 
Under the terms of the agreement, a subsidiary of Internet Brands will commence a tender offer in the next 10 business days to acquire all of the issued and outstanding shares of WebMD common stock for $66.50 per share to be paid in cash upon completion of the transaction. This valuation represents a premium of approximately 30 percent to WebMD's share price on February 15, 2017, the day before WebMD announced that it was commencing a process to explore and evaluate potential strategic alternatives, as well as a premium of approximately 20 percent over WebMD's closing share price on July 21, 2017.
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Jamieson Wellness Inc. Completes Initial Public Offering

TORONTO, ONTARIO--(July 7, 2017) -
 
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
 
Jamieson Wellness Inc. ("Jamieson Wellness" or the "Company") (TSX:JWEL) announced today that it has completed its initial public offering (the "Offering") of common shares ("Common Shares"), including a treasury offering (the "Treasury Offering") and a secondary offering (the "Secondary Offering") by certain shareholders (the "Selling Shareholders"), including an entity which is controlled by certain funds to which investment advisory services are provided by CCMP Capital Advisors, LP ("CCMP"), of an aggregate of 19,050,000 Common Shares at a price of $15.75 per share (the "Offering Price") for total gross proceeds of $300,037,500, with Jamieson Wellness and the Selling Shareholders receiving gross proceeds of $244,987,391 and $55,050,109, respectively. 
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Precipio Announces Agreement with Clearbridge Health for Liquid Biopsy and Diagnostic Services in Asia

Multi-Country Agreement Widens Distribution in Key Asian Markets for ICE COLD-PCR Liquid Biopsy Technology that Enables Precision Medicine Provides Clearbridge Health's Network of Physicians and Patients with Access to Precipio's Platform for Optimizing Personalized Diagnosis and Treatment
 
NEW HAVEN, CT / July 5, 2017 / Precipio Inc. (NASDAQ: PRPO) today announced a multi-country agreement with Clearbridge Health, Pte. (CBH), to provide its ICE COLD-PCR (ICP) technology in CBH's network of laboratories, serving patients in more than a dozen countries throughout Asia, including China, India, Taiwan, South Korea, Singapore, Malaysia, Indonesia, and Australia. Those laboratories will incorporate the Company's ICP technology into their operations over the coming months, and are expected to begin offering liquid biopsy diagnostic services to local physicians soon thereafter. CBH will provide Precipio's diagnostic services, as well as access to its world-class academic experts, to physicians and patients throughout the Clearbridge Health network. The agreement is expected to significantly increase Precipio's footprint in the Asian market.
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MTBC Announces Launch of New Platform to Support Continued Growth

SOMERSET, NJ--(Jun 14, 2017) - MTBC (NASDAQ: MTBC) (NASDAQ: MTBCP), a leading industry consolidator and provider of proprietary, cloud-based healthcare IT solutions, today announced the initial launch of MTBC WebSoft™, the newest addition to its leading cloud-based healthcare IT platform which will further support scalability, acquisition integration, and margin expansion.
 
"MTBC WebSoft leverages state of the art technology -- ASP.NET MVC framework and AngularJS 2.0 -- to optimize performance, empower us to scale with increasing efficiency, and enable us to further streamline the integration of newly acquired customer bases," said Hadi Chaudhry, Vice President of Global Operations. He continued, "As a top consolidator in our space that has grown year-over-year revenues by more than 60% during the most recent two quarters, this is precisely the type of tool we need to ensure that we remain ahead of the industry for many years to come as we continue our expansion into new markets."
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NeuroMetrix Announces Issuance of New U.S. Patent for Quell Wearable Pain Relief Technology

2017-06-13 07:00 ET - News Release
 
WALTHAM, Mass. --  NeuroMetrix, Inc. (Nasdaq: NURO) announced today that the U.S. Patent and Trademark Office has issued U.S. Patent No. 9,675,801.
 
The patent covers novel mechanisms to help Quell® users safely obtain pain relief therapy over prolonged time periods. More specifically, the patent includes claims for technology to monitor the amount of time that Quell is worn both continually and in the aggregate, and to provide notifications to the user to maximize safety.
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