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Out-of-the-ordinary life science ideas offer potential business success

August 17, 2010 10:32 pm | by Mass High Tech: The Journal of New England Technology | News | Comments

Turning a “cool idea” into the “next big thing” takes perserverence, an unwavering commitment to a vision, and usually, in the life sciences, a boatload of cash. Local entrepreneurs say the challenge lies in convincing funders (or customers) of the value proposition of the product.

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Think of the global good

August 17, 2010 10:31 pm | by Mass High Tech: The Journal of New England Technology | News | Comments

In this issue we set out to address a core question: How do different types of life sciences companies make money? Yet, there's another question that we also felt it was important to address: Can a company work for the public good even when there is little or no hope of turning a profit?

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VCs discuss potential life science investment pitfalls

August 17, 2010 9:33 pm | by Mass High Tech: The Journal of New England Technology | News | Comments

Two Boston VCs known for not being shy of risk, SV Life Sciences' James Garvey and PureTech Ventures' Daphne Zohar, told Mass High Tech where they're applying a higher level of scrutiny before investing and what life science categories they're avoiding like the plague.

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Regenerative medicine gets on a profitable roll

August 17, 2010 9:32 pm | by Mass High Tech: The Journal of New England Technology | News | Comments

After getting off to a false start in the 1990s, the field of regenerative medicine has been reborn over the past decade. Now, several New England companies are showing that regenerative medicine - generally defined as therapy that uses living cells to repair the body - is more than just...

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Cardica signs contract deal with Intuitive

August 17, 2010 2:45 pm | by The Associated Press | News | Comments

Surgical systems maker Cardica Inc. said Tuesday it entered a licensing deal worth $12 million upfront with Intuitive Surgical Inc.Under the deal, Intuitive will get a worldwide, exclusive license to Cardica's intellectual property, which relates to tissue cutting, stapling and clip appliers,...

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Cardica 4Q loss narrows on smaller sales force

August 17, 2010 2:45 pm | by The Associated Press | News | Comments

Surgical systems maker Cardica Inc. said Tuesday its fiscal fourth quarter loss narrowed on lower costs following cuts to its sales force.The company lost $3.1 million, or 13 cents per share, compared with a loss of $3.5 million, or 22 cents per share, during the same period a year prior....

Prospect Medical turns fiscal 3Q profit of $2.8 M

August 17, 2010 12:45 pm | by The Associated Press | News | Comments

Prospect Medical Holdings Inc., which has agreed to be acquired by a private equity firm, said Tuesday it turned a profit in its fiscal third quarter as revenue edged up 2 percent.The Los Angeles company has five hospitals in Southern California and provides health care management services to...

BridgeHead Software Appoints New EMEA Sales Director to Build on Company & #8217;s Presence in Private and Public Sector European Healthcare

August 17, 2010 9:33 am | by RealWire | News | Comments

Tony Tomkys comes to BridgeHead Software from CommVault, where he was Business Director for Public SectorAshtead, UK - Tuesday August 17 2010 - BridgeHead Software, the Healthcare Storage Virtualization (HSV) company, today announced the appointment of Tony Tomkys to head up their sales...

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BioMarin Initiates Phase 3b Study to Evaluate the Effects of Kuvan on Neurophychiatric Symptoms in Subjects with PKU

August 17, 2010 9:33 am | by Bio-Medicine.Org | News | Comments

NOVATO, Calif., Aug. 17 /- BioMarin Pharmaceutical Inc. (Nasdaq: BMRN ) announced today that the first subject has initiated treatment in a Phase 3b study (PKU-016) to evaluate the effects of Kuvan (sapropterin dihydrochloride) on neuropsychiatric symptoms in subjects with phenylketonuria...

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Advanced Life Sciences to Participate in Key Infectious Disease Conference

August 17, 2010 9:32 am | by Bio-Medicine.Org | News | Comments

CHICAGO, Aug. 17 /- Advanced Life Sciences Holdings, Inc. (OTC Bulletin Board: ADLS ), a biopharmaceutical company engaged in the discovery, development and commercialization of novel drugs in the therapeutic areas of infection, oncology and respiratory diseases, today announced that the...

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VirtuOx and Watermark Medical Announce Strategic Alliance to Expand Sleep Apnea Home Sleep Testing Solutions

August 17, 2010 9:32 am | by Bio-Medicine.Org | News | Comments

CORAL SPRINGS, Fla., Aug. 17 /- VirtuOx, Inc., a medical technology services company and industry leader in delivering home sleep testing solutions, today announced an agreement with Watermark Medical, a privately-held, medical products and services company currently servicing the...

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Gentiva completes $1B Odyssey HealthCare deal

August 17, 2010 8:45 am | by The Associated Press | News | Comments

Home health services company Gentiva Health Services Inc. said Tuesday its acquisition of hospice care provider Odyssey HealthCare Inc. has closed.The all-cash deal valued Odyssey at $27 per share and cost about $1 billion including fees and expenses, Gentiva said. Gentiva agreed to buy Odyssey...

Perspectives on the FDA Review Process

August 17, 2010 7:46 am | by MDT | Intertech Development Company | Articles | Comments

Should the FDA review process be more relaxed in favor of faster review times at the expense of potentially greater impact to the well-being of patients when a device does fail?

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Coordinate Measuring Machine Designed for Tooling Inspection

August 17, 2010 7:27 am | Werth, Inc. | Product Releases | Comments

Highly accurate inspection of tooling is exactly the application for which the new multi-sensor coordinate measuring machine, Werth VideoCheck V HA of Werth Messtechnik GmbH, was developed.

Pumps Provide Clean Air-Flow

August 17, 2010 7:23 am | Thomas Division | Product Releases | Comments

Series 660/680 WOB-L Piston pumps from Thomas incorporate a package of features to provide clean air-flow, long life, excellent efficiency, low noise, and low vibration.

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