CORAL GABLES, FL / ACCESSWIRE / January 14, 2019 / The healthcare industry is predicated on the notion that as diseases become more advanced and difficult to treat, companies responsible for creating treatment options will rise to the occasion to assist patients suffering from said ailments. Given that the world's population is consistently increasing, and resources are diminishing, access to healthcare is something crucial to the health and wellness of every living person, presenting a dire need for companies on a global scale. As healthcare companies work to develop new methods for bettering the care provided to their patients, the industry, in its entirety, will unite to meet the demands and needs of consumers in the space looking for qualitative healthcare. Premier Health Group (OTC:PHGRF) (CSE:PHGI), Microbot Medical Inc (MBOT), Valeritas Holdings Inc (VLRX), and Opko Health Inc (OPK) are 4 healthcare stocks representing companies invested in creating the best quality treatments for their patients.
Premier Health Group (OTC:PHGRF) (CSE:PHGI) saw impressive gains in the month of December, as the Company's shares hit highs of 0.80 to mark a move of more than 30% over the course of the 30-day period. As the cannabis sector has garnered notoriety and seen a significant increase in public support, Premier has focused its efforts on investing in opportunities that combine healthcare and cannabis. The Company announced, back in November, that it had engaged discussions with licensed producers under the Access to Cannabis for Medical Purposes Regulation, other licensed medical cannabis companies, and government officials in order to establish a primordial framework for both patient and physician education surrounding medical cannabis.
In recent news, Premier Health Group (OTC:PHGRF) (CSE:PHGI) announced that, further to its news release dated December 17, 2018 the Company has signed a Definitive Agreement to acquire all of the outstanding securities of Cloud Practice Inc. Per the announcement, Cloud Practice's founders, including CEO Jordan Visco, and the entire support team, will join and work alongside the Premier Health team.
''We are very excited to have completed this acquisition and to have the experienced team at Cloud Practice join the team at Premier Health. With this acquisition, we now have a medical software company with national reach. Thus, enabling us to build on our patient centric technology platform that will integrate telemedicine, online booking and other premium services with our electronic medical records (EMR) system," said Dr. Essam Hamza, CEO of Premier.
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Microbot Medical Inc (MBOT) announced today that after a significant experimentation period, the Company has finally validated the effectiveness of its Self-Cleaning Shunt in a recent independent in-vitro laboratory study. The Company also shared images of its new technology that clearly demonstrate the device prevented shunt occlusion.
In a press release regarding the announcement Harel Gadot, CEO, President and Chairman of the Company, said, ''We believe the highly encouraging results from this latest study, which complements our previous pre-clinical studies, demonstrates the potential of our SCSTM product to revolutionize how Hydrocephalus and Normal Pressure Hydrocephalus (NPH) can be treated in the future. We believe the performance of the SCSTM during this and previous studies gives us greater confidence to explore additional medical applications for the device in conditions where occlusion occurs, such as in the Traumatic Brain Injury (TBI) space."
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Valeritas Holdings, Inc., (VLRX) a medical technology company and manufacturer of wearable insulin deliver technologies, today announced that V-GO®, one of their diabetes-related wearables, is Preferred on the OptumRx formulary.
John Timberlake, Valeritas CEO, commented, ''We are very excited that V-Go is now Preferred on OptumRx formularies. V-Go helps patients simplify their insulin therapy and improve their management of diabetes. With this decision to make V-Go Preferred by OptumRx, V-Go should be even more affordable for many patients with type 2 diabetes."
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Opko Health Inc (OPK) announced earlier this month that, in an effort to maintain a well-balanced leadership team determined to further the business endeavors of the Company, they had appointed Jon R. Cohen, M.D. as Executive Chairman of BioReference Laboratories. The Company also announced the promotion of Geoff Monk to President of BioReference.
At the time of the announcement, Philip Frost, Chairman and Chief Executive Officer of Opko Health, said, ''Jon is a highly regarded healthcare strategist with a tremendous track record of commercial success in the diagnostics industry, and we at OPKO are delighted to have Jon assume this new leadership position. Geoff Monk, during the short time he has been with BioReference, has proven to be a superb executive who has earned the respect and admiration of his colleagues."
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