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MedCath 4Q loss narrows on revenue, lower costs

November 23, 2010 5:46 am | by The Associated Press | News | Comments

Hospital operator MedCath Corp. said Tuesday its fiscal fourth-quarter loss narrowed on a mix of higher revenue and lower costs.The company reported a net loss of $21.1 million, or $1.06 per share, compared with a loss of $58.6 million, or $2.97 per share, during the same period a year prior....

Health firms ask La. judge to order contract rebid

November 23, 2010 5:45 am | by The Associated Press | News | Comments

Attorneys for Humana and UnitedHealthcare asked a judge Monday to order the rebidding of a contract awarded to Blue Cross and Blue Shield of Louisiana to administer the HMO plan for state workers, retirees and their dependents.Lawyers representing Blue Cross and the state Office of Group...

AIDS drug shown to prevent HIV in multinational trial of HIV-negative gay men

November 23, 2010 4:37 am | by EurekAlert | News | Comments

(International Rectal Microbicide Advocates) Results of the world's first efficacy trial of an HIV-prevention approach called oral pre-exposure prophylaxis, or PrEP, were released online in the New England Journal of Medicine today. The data on adherence suggests the need for other...

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Federal Register: Agency Information Collection Activities; Proposed Collection; Comment Request; Reports of Corrections and Removals(2)

November 23, 2010 4:31 am | by U.S. Food & Drug Administration | News | Comments

The FDA is announcing an opportunity for public comment on the proposed collection of certain information by the Agency.

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Medtronic 2Q profit falls 35 percent on costs

November 23, 2010 2:45 am | by The Associated Press | News | Comments

Medtronic's fiscal second-quarter profit fell 35 percent as legal and other costs outpaced weak gains in medical device sales, but adjusted results met Wall Street expectations.The medical device maker, based in Minneapolis, says profit fell to $566 million, or 52 cents per share, from $868...

Medtronic says second-quarter profit falls 35 per cent on higher costs

November 23, 2010 2:45 am | by The Associated Press | News | Comments

Medtronic's fiscal second-quarter profit fell 35 per cent as legal and other costs outpaced weak gains in medical device sales, but adjusted results met Wall Street expectations.The medical device maker, based in Minneapolis, says profit fell to US$566 million, or 52 cents per share, from $868...

LeukoDx retains thinXXS to develop its Microfluidics cartridge

November 22, 2010 10:37 pm | by I-Micronews | News | Comments

LeukoDx Inc. is pleased to announce that it has retained the services of thinXXS Microtechnology AG to develop the single use microfluidics cartridge to be used in its Point of Care micro-flowcytometry platform.

How to Train Your Own Brain

November 22, 2010 7:37 pm | by Massachusetts Institute of Technology | News | Comments

A new way to create and interpret real-time brain scans could help addicts control their cravings.

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Futures in Biotech 71: Genomics, Proteomics, Cellular Immunity, And Anti-Matter

November 22, 2010 4:38 pm | Podcasts | Comments

Hosts: Marc Pelletier, Vincent Racaniello, Andre Nantel, and George Farr. The '1000 Genome Project', 'Billion Dollar Human Proteome', viral killing proteins, and capturing anti-matter. Guest: Mark Gerstein Ph.D. - Professor of Biomedical Informatics, Molecular Biophysics & Biochemistry,...

Covidien Collaborates with Arthritis Foundation on Patient-Education Initiatives

November 22, 2010 4:36 pm | by Covidien | News | Comments

Let's Move Together Movement Tracker Empowers Patients to Track Incremental Successes ST. LOUIS, Nov 22, 2010 (BUSINESS WIRE) --The Arthritis Foundation and Covidien (NYSE: COV) have joined forces to help advance awareness and support for millions of people suffering from osteoarthritis...

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Expanded CT protocol spots stroke’s origin, changes treatment

November 22, 2010 4:35 pm | by Diagnostic Imaging | News | Comments

CT protocols for ischemic stroke can be expanded to cover the heart as well as the head and neck, obviating other imaging tests that may be necessary to pinpoint the source of the stroke, a new study finds.

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Medtronic will buy Ardian for $800M in cash

November 22, 2010 2:47 pm | by The Associated Press | News | Comments

Medtronic Inc., the world's largest medical device maker, said Monday it will pay $800 million in cash to buy the remaining 89 percent of blood pressure treatment maker Ardian Inc. that it doesn't already own.Privately held Ardian makes a catheter system designed to treat high blood pressure by...

USTA sues Olympus over sponsorship deal(2)

November 22, 2010 2:46 pm | by The Associated Press | News | Comments

The U.S. Tennis Association is suing Olympus Corporation of the Americas for $11.65 million for breach of contract, saying the camera company wants to get out of their sponsorship agreement for 2011.Olympus and the USTA have been partners since 2003. In a 2007 agreement, they extended their...

USTA sues Olympus over sponsorship deal

November 22, 2010 2:45 pm | News | Comments

The U.S. Tennis Association is suing Olympus Corporation of the Americas for $11.65 million for breach of contract, saying the camera company wants to get out of their sponsorship agreement for 2011.Olympus and the USTA have been partners since 2003. In a 2007 agreement, they extended their...

Maxygen will distribute Codexis shares and cash

November 22, 2010 12:45 pm | by The Associated Press | News | Comments

Biotechnology company Maxygen Inc. said Monday that it will distribute its stake in Codexis Inc. and about $30 million in cash to its own shareholders.Maxygen owns about 6 million shares of Codexis, which represents a 17-percent stake in the company. It has warrants to buy another 31,000...

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