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Nanosphere takes larger 1Q loss as expenses rise

May 7, 2010 7:31 am | by The Associated Press | News | Comments

Genetic testing products maker Nanosphere reported a larger first-quarter loss Thursday as costs, including stock-based compensation, rose.Nanosphere said it lost $8.6 million, compared with the $8.2 million a year earlier. Because it has more stock on the market, its per-share loss was only 31...

Tricare ends regional contract with insurer Aetna

May 7, 2010 7:30 am | by The Associated Press | News | Comments

The Defense Department's health care program for military members and their families has reversed a decision it made last summer and awarded a contract worth about $17 billion to Health Net Inc. over another insurer, Aetna Inc.The Tricare program had awarded the contract for its North region to...

Stock option benefit narrows Cytori 1Q loss

May 7, 2010 7:30 am | by The Associated Press | News | Comments

Cytori Therapeutics, which makes products used in adult stem cell harvesting and research, reported Thursday that its losses narrowed, largely due to a change in the value of stock options.The company lost $2.4 million, or 6 cents per share, compared with $6.1 million, or 20 cents per share a...

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Edwards Lifesciences to Webcast Annual Meeting of Stockholders

May 7, 2010 7:30 am | by The Associated Press | News | Comments

Edwards Lifesciences Corporation (NYSE: EW), the global leader in the science of heart valves and hemodynamic monitoring, will host its Annual Meeting of Stockholders on Thursday, May 13, 2010 beginning at 10:00 a.m. PT (1:00 pm ET) at the corporate headquarters in Irvine, California.A live...

MWI Veterinary sees 33 pct rise in net income

May 7, 2010 7:30 am | by The Associated Press | News | Comments

MWI Veterinary Supply Inc. said its fiscal second-quarter net income jumped 33 percent, as the acquisition of Centaur Services Ltd. helped boost revenue.The Meridian, Idaho, company said it earned $7.7 million, or 62 cents per share, in the three months that ended March 31. That compares with...

Sector Wrap: Industrial stocks

May 7, 2010 7:30 am | by The Associated Press | News | Comments

Shares of industrial stocks sank as much as 10.5 percent Thursday as the broader market tumbled.The Standard & Poor's industrials index fell as low as 247.82 in trading Thursday before recovering to close at 267.43.The Dow Jones industrials plunged nearly 1,000 points in one of its most...

Sequenom 1Q loss widens on costs, margins

May 7, 2010 7:30 am | by The Associated Press | News | Comments

Diagnostic test maker Sequenom Inc. said Thursday that its first-quarter loss widened on higher costs and expenses and lower margins.The company lost $16.9 million, or 27 cents per share, compared with a loss of $17.5 million, or 29 cents per share, in the year-ago period. Revenue rose 22...

CareFusion records fiscal 3Q loss on tax charge

May 7, 2010 7:30 am | by The Associated Press | News | Comments

CareFusion Corp., which until recently was a unit of Cardinal Health Inc., reported a net loss for its fiscal third quarter Thursday because of a tax-related charge.Results missed analyst estimates, sending shares down after hours.For the quarter ended March 31, the medical device company...

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Halozyme posts smaller 1Q loss as costs fall

May 7, 2010 7:30 am | by The Associated Press | News | Comments

Halozyme Therapeutics reported a smaller first-quarter loss Friday due to cutbacks on research and development spending.The biotechnology company said it lost $11.8 million, or 13 cents per share, compared with a loss of $14.7 million, or 18 cents per share a year ago. Revenue rose to $3.4...

Genoptix plunges as spending hurts 1Q profit

May 7, 2010 7:30 am | by The Associated Press | News | Comments

Shares of Genoptix Inc. sank Friday after the diagnostic services company surprised Wall Street by posting lower first-quarter profit on a jump in spending.Late Thursday, Genoptix reported its net income decreased 10 percent to $5.3 million, or 29 cents per share, from $5.9 million, or 33 cents...

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Hooper Holmes 1Q loss narrows on lower costs

May 7, 2010 7:30 am | by The Associated Press | News | Comments

Hooper Holmes Inc., which screens applicants and evaluates injury claims for insurance companies, on Friday reported a narrower first-quarter loss as costs declined.The company said it lost $704,000, or a penny per share, compared with a loss of $1.8 million, or 3 cents per share, during the...

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Essential Ingredients for Orthopedic Implants

May 7, 2010 6:02 am | by Tony Listro | Articles | Comments

Metal is no longer the only material option when discussing orthopedic implants. A variety of polymers are being indicated for both long term and bioresorbable devices. Additives and active pharmaceutical ingredients are also being utilized with these materials. This article examines the opportunities realized when using polymers for orthopedic implants.

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Considerations for Outsourced Injection Molded Parts and Prototypes

May 6, 2010 10:36 am | by Brad Cleveland | Proto Labs, Inc. | Articles | Comments

Having a reliable external injection molded components supplier on speed dial seems like a more common requirement for today’s medical device design engineer. However, prior to making that choice, there are a number of aspects to evaluate

Nurses Gain Helping Hand From Motor Solutions

May 5, 2010 11:22 am | by Joe Martino | Maxon Precision Motors, Inc. | Articles | Comments

Motors are used to enable a device to move a patient from one location to another without any chance of back injury to healthcare professionals.

Omnify Empower Mitigates CAPA Woes

May 5, 2010 10:46 am | by Omnify Software | Articles | Comments

Omnify's robust software suite aligns PLM with quality measures to achieve FDA compliance.

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