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Boston Scientific Acquires Two Novel Technologies to Treat Peripheral Chronic Total Occlusions

February 15, 2011 12:32 pm | by Boston Scientific | News | Comments

New products expand treatment options for healthcare providers


GeoResources, Prospect Capital to join S & P index

February 15, 2011 11:45 am | by The Associated Press | News | Comments

GeoResources Inc. and Prospect Capital Corp. will be added to the S&P SmallCap 600 index, according to Standard & Poor's, sending shares of both companies higher Tuesday.S&P announced the planned index changes following Monday's close of trading. Stocks that are about to be added to indexes...

Cynosure narrows 4Q loss, as revenue climbs 16 pct

February 15, 2011 10:45 am | by The Associated Press | News | Comments

Cynosure Inc., the cosmetic treatment equipment maker, reported a smaller loss for the fourth quarter on Tuesday, helped by growing revenue and a drop in operating expenses. Its shares rose 15 percent in afternoon trading.The Westford, Mass., company makes aesthetic treatment systems used to...


Compugen 4Q loss remains steady

February 15, 2011 10:45 am | by The Associated Press | News | Comments

Israeli drug developer Compugen Ltd. said Tuesday its fourth-quarter loss remained at $2 million even as spending increased.The company said it lost 6 cents per share, compare with a loss of $2 million, or 7 cents per share, during the same period a year prior. Compugen had about 4.7 million...

Genus Oncology, LLC Announces Initiation of Phase I Trial of GO-203-2c in Patients With Solid Tumors

February 15, 2011 10:34 am | by Bio-Medicine.Org | News | Comments

VERNON HILLS, Ill., Feb. 15, 2011 /- Genus Oncology, LLC, a clinical-stage company focused on commercializing novel drugs for treatment of cancer, announced it has successfully filed an Investigational New Drug (IND) application with the US Food & Drug Administration (FDA) and has...


Mobile MIM, First FDA-Cleared Diagnostic Medical Imaging App, Now Available on the U.S. App Store

February 15, 2011 10:33 am | by Bio-Medicine.Org | News | Comments

CLEVELAND, Feb. 15, 2011 /- MIM Software Inc., a leading global provider of medical imaging software, announced today that Mobile MIM™ is available on the U.S. App Store. This news follows the FDA's announcement on February 4 that the app had received 510(k) clearance for remote...


Alkermes says constipation drug met goal in study

February 15, 2011 9:45 am | by The Associated Press | News | Comments

Alkermes Inc. said Tuesday that a clinical trial shows one of its drug candidates can relieve constipation caused by use of opioid pain medications without reducing the effectiveness of the pain drugs.Alkermes said the two largest doses of its drug, which is designated ALKS 37, were both...

VisionScope stealthily lands $6.3M financing

February 15, 2011 9:37 am | by Mass High Tech: The Journal of New England Technology | News | Comments

Stealthy medical device firm VisionScope Technologies LLC has raised $6.3 million in an equity offering, according to a regulatory filing.


AIKO Biotechnology steps back to reformulate, seek financing

February 15, 2011 9:37 am | by Mass High Tech: The Journal of New England Technology | News | Comments

AIKO Biotechnology Inc., a Portland, Maine, company focused on drug candidates to relieve the side effects from long-term prescription opioid pain reliever use, is taking a step back to reformulate its lead compound from an injectable into a pill.

FDA's Medical Device Innovation Initiative

February 15, 2011 9:32 am | by USFoodandDrugAdmin | Videos | Comments

To ensure continued access to innovative medical devices, which often fulfill unmet public health needs, CDRH is launching the Medical Device Innovation Initiative, a comprehensive plan designed to address some of the barriers that can impede a product's timely progress to market. Dr....

Preventing Fires in the Operating Room -- APSF video

February 15, 2011 9:32 am | by USFoodandDrugAdmin | Videos | Comments

An estimated 600 surgical fires occur each year in the U.S. Although most are minor, some result in serious injury, disfigurement, or even death. The Anesthesia Patient Safety Foundation (APSF) says the vast majority of these fires are preventable. With the assistance of ECRI Institute,...


More Patient Burns from Dental Handpieces

February 15, 2011 9:31 am | by USFoodandDrugAdmin | Videos | Comments

FDA is again alerting dental professionals about the possibility of serious patient burns from electric dental handpieces that overheat. Some patients have experienced third-degree burns that required reconstructive surgery. Although FDA issued a warning about this problem in 2007, the...


Alarming Monitor Problems

February 15, 2011 9:30 am | by USFoodandDrugAdmin | Videos | Comments

An FDA article in the journal Nursing2009 describes problems that can arise with the use alarms on patient monitoring equipment. From 2005 through 2008, FDA received 566 reports of patient deaths related to the alarms on monitoring devices. Part of the problem is that alarms can very...


Boston Scientific endowment recognizes Baim

February 15, 2011 7:33 am | by Mass High Tech: The Journal of New England Technology | News | Comments

Boston Scientific Corp. said today that it has established a $1.7 million endowment for a scholarship fund at the Yale University School of Medicine in honor of the Boston Scientific chief medical and science officer Donald S. Baim, who died unexpectedly in 2009.

BIO study shows drug approval success rate slips

February 15, 2011 7:32 am | by Mass High Tech: The Journal of New England Technology | News | Comments

The Biotechnology Industry Organization (BIO) released a study Monday that shows a significant drop in the ratio of drugs moving through clinical studies and gaining U.S. Food and Drug Administration approval.


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