Ex-Abbott exec Simhambhatla is new Alphaeon CEO Healthcare and social commerce company Alphaeon said last week it tapped former Abbott (NYSE:ABT) senior veep Dr. Murthy Simhambhatla as its new CEO and president, replacing Robert Grant who was recently appointed as vice chair of the company’s board of directors. Dr. Simhambhatla previously operated as a senior partner Strathspey […]
The Pritzker Group acquired medical device maker Clinical Innovations for an undisclosed amount.
It’s the first foray into healthcare for the Chicago-based private investment firm, which uses the vast fortune of the Pritzker family to fund its activities. The group bought Murray, Utah-based Clinical Innovations from private equity player RoundTable Health Partners.