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Sage Science raises $2M financing

December 2, 2010 5:36 am | by Mass High Tech: The Journal of New England Technology | News | Comments

Sage Science Inc., a developer of laboratory and research-related technologies, has taken in $2.02 million in an equity offering, with an expected total offering of $2.12 million, according to a regulatory filing.

Merck acquires diabetes drug firm SmartCells

December 2, 2010 5:36 am | by Mass High Tech: The Journal of New England Technology | News | Comments

SmartCells Inc., a Beverly diabetes drug developer, is to be acquired by Merck & Co. Inc. for a total of about $500 million, according to a news release today. SmartCells develops a once-daily insulin treatment called SmartInsulin, based on a patent filed in 2003 covering technology...

Embedded Mini-ITX Motherboard Offers High Graphic Performance

December 2, 2010 5:35 am | Kontron America Inc. | Product Releases | Comments

Kontron announced the BGA version of its embedded Mini-ITX motherboard KT690/mITX (BGA) with an increased level of robustness and improved cost-performance ratio.

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DARPA Awards $4.3M to Develop Biological, Chemical Threat Detector

December 2, 2010 5:35 am | by Georgia Tech Institute of Technology | News | Comments

DARPA has awarded Georgia Tech $4.3 million to develop a new class of sensors able to detect multiple biological and chemical threats simultaneously with unprecedented performance.

Coded Switch Designed for Rugged Applications

December 2, 2010 5:29 am | Elma Electronic | Product Releases | Comments

Elma Electronic, a leading designer and manufacturer of rotary switches and components, offers a rugged version of its Type 07 line of coded switches. The M07A is designed for use in portable medical applications.

Nordion agrees to sell Belgian subsidiary to Best Medical for undisclosed amount

December 2, 2010 4:45 am | by The Associated Press | News | Comments

Medical isotope supplier Nordion Inc. (TSX:NDN) agrees to sell Belgian subsidiary to Best Medical International Inc. for undisclosed amount.

Nordion has tentative deal to divest European division to Best Medical

December 2, 2010 3:45 am | by The Associated Press | News | Comments

Canadian nuclear medicine specialist Nordion Inc. (TSX:NDN) say it has a preliminary agreement to sell a European division to Best Medical International Inc. Nordion, formerly part of MDS Inc. before it was split up, said it will sell three of the division's lines of business and keep a fourth...

Clinical trials at The Christie: Fact sheet

December 2, 2010 3:34 am | by RealWire | News | Comments

Clinical trial treatments aim to discover if a drug is safe, has side effects, and works better than established treatments. They offer important opportunities for patients to access the most innovative treatments for cancer, giving them the best possible chance of survival or extended...

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Expert panel addresses safety in medical imaging

December 1, 2010 9:32 pm | by EurekAlert | News | Comments

(Radiological Society of North America) An expert panel will convene at the annual meeting of the Radiological Society of North America to discuss medical imaging appropriateness, ionizing radiation from imaging procedures and efforts under way to curb overutilization, decrease radiation...

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Color-Changing Badge Detects Blast Exposure

December 1, 2010 7:36 pm | by Massachusetts Institute of Technology | News | Comments

The nanostructure material could predict which soldiers might suffer from traumatic brain injury.

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Sequenom to launch public stock offering

December 1, 2010 3:45 pm | by The Associated Press | News | Comments

Biotech company Sequenom Inc. said Wednesday it intends to mount an underwritten public offering of its common stock.The company didn't specify the size of the offering.Jefferies & Company Inc. is the sole book-running manager for the offering.Shares fell 55 cents, or 8.1 percent, to $6.26 in...

Cigna sells part of Intracorp unit to Genex

December 1, 2010 2:46 pm | by The Associated Press | News | Comments

Genex Holdings Inc. said Wednesday it bought the workers' compensation and disability case management business of Intracorp, a unit of health insurer Cigna Corp., in a stock dealCigna is keeping the rest of Philadelphia-based Intracorp, which also provides health management and wellness...

Stereotaxis completes offering of 4.6M shares(2)

December 1, 2010 1:46 pm | by The Associated Press | News | Comments

Medical device maker Stereotaxis Inc. said Wednesday it sold 4.6 million shares of stock at $3.65 per share.The company sold 4 million shares to the public, and the underwriters of the offering exercised an option to buy another 600,000 shares. Stereotaxis received $16.8 million in proceeds,...

Stereotaxis completes offering of 4.6M shares

December 1, 2010 1:45 pm | News | Comments

Medical device maker Stereotaxis Inc. said Wednesday it sold 4.6 million shares of stock at $3.65 per share.The company sold 4 million shares to the public, and the underwriters of the offering exercised an option to buy another 600,000 shares. Stereotaxis received $16.8 million in proceeds,...

Riverain Medical CAD product finds cancer, deletes bone

December 1, 2010 11:33 am | by Diagnostic Imaging | News | Comments

Bone can obscure lung lesions that may indicate cancer. The latest version of CAD software from Riverain Medical, shown publicly for the first time at RSNA 2010, takes care of the problem.

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