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FDA clot device advisory tells of patients' risks

August 9, 2010 11:45 am | by LINDSEY TANNER - AP Medical Writer - Associated Press | News | Comments

Medical filters that stop blood clots from reaching the lungs can move or break and cause life-threatening problems for patients, the government and a medical journal report said Monday.In an advisory to doctors and patients, the Food and Drug Administration said it has received more than 900...

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Bernstein Liebhard LLP Announces Class Action Has Been Filed on Behalf of Investors in Almost Family, Inc. (NASDAQ: AFAM)

August 9, 2010 11:45 am | by The Associated Press | News | Comments

Bernstein Liebhard LLP today announced that a class action has been filed in the United States District Court for the Western District of Kentucky on behalf of purchasers (the "Class") of Almost Family, Inc. (NASDAQ: AFAM) ("Almost Family" or the "Company") common stock during the period of...

MEMSIC announces second-quarter 2010 results

August 9, 2010 11:38 am | by I-Micronews | News | Comments

- Begins Production Shipping of Electronic Compass to Major Cell Phone Manufacturer - Begins Shipping of Ultra-Low-Cost Accelerometer Product

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STMicroelectronics reports 2010 second quarter and first half financial results

August 9, 2010 11:38 am | by I-Micronews | News | Comments

STMicroelectronics (NYSE: STM) reported financial results for the second quarter and first half ended June 26, 2010.

Stealthy Anew Optics secures funding

August 9, 2010 11:38 am | by Mass High Tech: The Journal of New England Technology | News | Comments

Newton-based Anew Optics Inc. has pulled in $952,000 of a planned $2 million equity offering. The stealthy company appears to be developing an intraocular lens, made thin and lightweight to allow for more light transfer and greater comfort.

RXi finding growth in tighter RNAi focus

August 9, 2010 11:36 am | by Mass High Tech: The Journal of New England Technology | News | Comments

In the past few months, RXi Pharmaceuticals Corp. has narrowed its therapeutic focus to eye and skin diseases, won a $600,000 grant from the National Institutes of Health, signed a deal with a global corporate partner and sought to shore up its share price by diversifying its investor portfolio.

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Combat Application Tourniquets (C-A-T): Suspected Counterfeit Product

August 9, 2010 11:30 am | by U.S. Food & Drug Administration | News | Comments

Suspected counterfeit product is weaker, and breaks or bends before necessary force can be applied to stop blood flow. Excessive blood loss can endanger the victim's life and ultimately lead to death.

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Chinese orthopedic implant maker plans IPO

August 9, 2010 10:45 am | by The Associated Press | News | Comments

Orthopedic implant maker China Kanghui Holdings wants to raise $87 million in an initial public offering of its stock expected this week.The Chinese company plans to offer about 6.7 million American Depository shares, including 1.3 million offered by selling shareholders, priced between an...

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Odyssey shareholders OK acquisition by Gentiva

August 9, 2010 10:45 am | by The Associated Press | News | Comments

Hospice care provider Odyssey HealthCare Inc. said Monday its shareholders approved a merger agreement providing for the company's acquisition by Gentiva Health Services Inc.The deal is expected to be completed around Aug. 16.Gentiva, an Atlanta-based home health care provider, said in May it...

The Ensign Group 2Q earnings climb 17 percent

August 9, 2010 10:45 am | by The Associated Press | News | Comments

The Ensign Group Inc. said that second-quarter earnings climbed 17 percent and the nursing services company on Monday raised its 2010 net income guidance.The company said it earned $9.6 million, or 46 cents per share, in the three months that ended June 30. That compares to net income of $8.2...

Medical Action posts weak 1Q, shares tumble

August 9, 2010 9:45 am | by The Associated Press | News | Comments

Medical Action Industries Inc., a medical and surgical products supplier, said its profit plunged 86 percent in its fiscal first quarter due to damage to a warehouse, rising raw material costs and the weak economy's effect on sales.Shares sank to an annual low of $10.45, losing as much as 23...

Competition Bureau Secures Divestitures in Novartis' Acquisition of Alcon

August 9, 2010 8:45 am | by The Associated Press | News | Comments

http://www.competitionbureau.gc.ca/ () —The Competition Bureau announced today that it has reached an agreement with Novartis AG to resolve competition issues regarding its proposed acquisition of control of Alcon, Inc.The Bureau concluded that the proposed transaction was likely to result in...

Amedisys 2Q profit slips, and cuts 2010 forecasts

August 9, 2010 7:45 am | by The Associated Press | News | Comments

Home health provider Amedisys Inc. said Monday its profit fell 8 percent in the second quarter, and it cut its profit and revenue estimates for the year.CEO William Borne said the results did not meet Amedisys' expectations. The company's profit declined to $32.2 million, or $1.13 per share,...

Removing Retrievable Inferior Vena Cava Filters: Initial Communication

August 9, 2010 7:37 am | by U.S. Food & Drug Administration | News | Comments

IVC filter usage has increased rapidly during the past thirty years. In 1979, 2,000 IVC filters were used, while in 2007, almost 167,000 filters were implanted, and the market for IVC filters is only expected to increase, with an estimated 259,000 IVC...

Safety Investigation of Suspected Counterfeit Combat Application Tourniquets (C-A-T & #xae;): Initial Communication

August 9, 2010 7:37 am | by U.S. Food & Drug Administration | News | Comments

FDA has become aware of suspected counterfeit C-A-T ® tourniquets. The suspected counterfeit tourniquets have subtle differences in stitching, printing of the logo and molding of plastic parts. They may be packaged and labeled for a distributor other than

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