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Oxford Instruments and ITRI jointly establish research center for WLP and LED packaging development

February 25, 2011 5:37 pm | by I-Micronews | Comments

Oxford Instruments and Industry Technology Research Institute (ITRI) have jointly set up a research center for wafer-level packaging (WLP) process in high-brightness LED and micro structure technology.

Direct Grid Technologies micro-inverter in volume production

February 25, 2011 5:36 pm | by I-Micronews | Comments

After a rigorous and demanding beta and pilot production period, Direct Grid is now shipping its DGM‐460 micro inverter in volume for lead customers in North America.

Defense Department awards Tricare deal to Humana(2)

February 25, 2011 3:47 pm | by The Associated Press | Comments

Humana will continue providing health care to military members and their families in the South.The company announced Friday that the Department of Defense re-evaluated an earlier decision to award the contract for Tricare health coverage to UnitedHealth. A congressional agency supported...

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Defense Department awards Tricare deal to Humana

February 25, 2011 3:46 pm | Comments

Humana will continue providing health care to military members and their families in the South.The company announced Friday that the Department of Defense re-evaluated an earlier decision to award the contract for Tricare health coverage to UnitedHealth. A congressional agency supported...

Svelte 30: Recall - Undeclared Drug Ingredient

February 25, 2011 1:32 pm | by U.S. Food & Drug Administration | Comments

Product marketed as a dietary supplement contains sibutramine, which may present a significant risk for patients with a history of coronary artery disease, congestive heart failure, arrhythmias or stroke.

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EU Patent System Moves Forward But Still Facing Difficulties

February 25, 2011 1:32 pm | by U.S. Food & Drug Administration | Comments

With the European Parliament’s consent for enhanced cooperation, a common EU patent system may become a reality.

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Medtronic Is Cutting Staff, Selling Unit, in & #8216;Soft & #8217; Times

February 25, 2011 1:31 pm | by U.S. Food & Drug Administration | Comments

Medtronic is eliminating up to 2,000 positions during the third quarter as part of a major restructuring it blames on softer markets.

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Fitch lowers outlook on Quest Diagnostics

February 25, 2011 12:45 pm | by The Associated Press | Comments

Fitch Ratings said Friday it is lowering its outlook on Quest Diagnostics Inc., citing the medical lab operator's upcoming purchase of a diagnostics business and other spending.The firm now has a negative outlook on Quest's credit, meaning a downgrade of its rating is more likely than an...

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Aetna chairman to retire on April 8

February 25, 2011 10:45 am | by The Associated Press | Comments

Managed care company Aetna Inc. said Friday that Chairman Ronald A. Williams plans to retire on April 8, a move first announced in October.President and CEO Mark T. Bertolini will succeed Williams. Bertolini, 54, already assumed the chief executive position previously held by Williams in...

Sunrise Senior Living 4Q profit rises

February 25, 2011 9:45 am | by The Associated Press | Comments

Sunrise Senior Living Inc. said Friday its fourth-quarter profit surged on a mix of lower costs and gains from a real-estate sale.The real estate investment trust runs senior living communities in the U.S., Canada, and the United Kingdom. The company has been restructuring over the last year...

ACT awarded patent for stem cell generation technique

February 25, 2011 9:36 am | by Mass High Tech: The Journal of New England Technology | Comments

Advanced Cell Technology Inc. has been given a patent for its nondestructive "single-blastomere" technique of obtaining human embryonic stem cell lines.

The Scripps Research Institute Names Michael A. Marletta as President

February 25, 2011 9:35 am | by Bio-Medicine.Org | Comments

LA JOLLA, Calif., Feb. 25, 2011 /- Renowned biochemist Michael A. Marletta, PhD, has been named by the Board of Trustees today as the next president of The Scripps Research Institute, effective January 1, 2012. He will succeed President Richard A. Lerner, MD, who has led the institution...

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Medtronic buys gel technology for sinus treatment

February 25, 2011 8:46 am | by The Associated Press | Comments

Medical device maker Medtronic Inc. said Friday it purchased a gel technology that could be used to control bleeding and speed up healing in surgical procedures that treat sinus conditions.Medtronic said the gel is a polymer produced from the chitin of shellfish and squid. Chitin is found in...

Harvard Bioscience 4Q profit falls on costs

February 25, 2011 8:45 am | by The Associated Press | Comments

Medical instruments maker Harvard Bioscience Inc. on Friday reported a dip in fourth-quarter net income despite higher revenues as its costs rose.The company earned $2.2 million, or 8 cents per share, down from profit of $3.8 million, or 12 cents per share, during the same period a year prior....

Community Health 4Q profit climbs nearly 7 percent

February 25, 2011 7:45 am | by The Associated Press | Comments

Shares of Community Health Systems Inc. jumped Friday, a day after the hospital operator said its fourth-quarter earnings grew nearly 7 percent, as revenue rose even though admissions at hospitals the company operated for at least a year fell.The Franklin company earned $69.5 million, or 76...

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