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Invacare 4Q profit falls on debt costs

February 3, 2011 3:45 am | by The Associated Press | Comments

Invacare Corp., which makes wheelchairs, crutches and motorized scooters, said Thursday its fourth-quarter profit plunged on debt costs.But the company's forecast for adjusted earnings for 2011 topped Wall Street estimates.The company said its net income dropped to $7.2 million, or 22 cents per...

CareFusion to Sell International Surgical Products Distribution Business to Medline for $130 Million(2)

February 3, 2011 2:38 am | by Bio-Medicine.Org | Comments

SAN DIEGO and MUNDELEIN, Ill., Feb. 3, 2011 /- CareFusion Corporation (NYSE: CFN ) a global, medical technology company, and Medline Industries, Inc. , the nation's largest privately held manufacturer and distributor of healthcare products, today announced an agreement to sell the...

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Corium International Adds Dr. Bhaskar Chaudhuri and David Greenwood to Board of Directors

February 3, 2011 2:37 am | by Bio-Medicine.Org | Comments

MENLO PARK, Calif., Feb. 3, 2011 /- Corium International, Inc., a privately-held advanced transdermal drug delivery company, today announced the appointment of Dr. Bhaskar Chaudhuri and David L. Greenwood to the Board of Directors.  Dr. Chaudhuri most recently served as President of...

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CareFusion to Sell International Surgical Products Distribution Business to Medline for $130 Million

February 3, 2011 2:36 am | Comments

SAN DIEGO and MUNDELEIN, Ill., Feb. 3, 2011 /- CareFusion Corporation (NYSE: CFN ) a global, medical technology company, and Medline Industries, Inc. , the nation's largest privately held manufacturer and distributor of healthcare products, today announced an agreement to sell the...

Insurer Cigna's 4Q profit jumps 40 percent

February 3, 2011 1:45 am | by The Associated Press | Comments

Managed care company Cigna says its fourth-quarter profit climbed 40 percent, boosted in part by interest rates and a decline in health care use that also helped other insurers in the final months of 2010.The Philadelphia insurer says it earned $461 million, or $1.69 per share, in the three...

Inspiration Biopharmaceuticals Demonstrates Non-Inferiority of IB1001, Its Recombinant Factor IX for Hemophilia B

February 2, 2011 10:36 pm | by Bio-Medicine.Org | Comments

GENEVA, Feb. 3, 2011 /- Inspiration Biopharmaceuticals, Inc. (Inspiration) today presented pharmacokinetic (PK) data on its lead product, IB1001, a recombinant factor IX (FIX) for the treatment and prevention of bleeding in individuals with hemophilia B.  Results of the Phase 1...

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Oysters at risk: Gastronomes' delight disappearing globally

February 2, 2011 7:38 pm | by EurekAlert | Comments

(American Institute of Biological Sciences) Oysters are in "poor" condition globally, according to a new global assessment. In most of the "bays" and ecoregions where the mollusks were once abundant, reefs are at less than 10 percent of their former extent, the victims of...

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SemiLEDs subsidiary Helios Crew launches LED using MEMS silicon packaging

February 2, 2011 7:38 pm | by I-Micronews | Comments

High-brightness LED chip maker SemiLEDs Corp of Boise, ID, USA (which has chip fabrication facilities in Hsinchu Science Park, Taiwan) says that its subsidiary Helios Crew Corp (HCC) of ChuNan, Taiwan has launched the S35 LED product.

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SemiProbe announces new vacuum probing module

February 2, 2011 7:38 pm | by I-Micronews | Comments

SemiProbe today released a vacuum probing module as a research accessory for the modular Probe System for Life? (PS4L) platform.

Tuning graphene film so it sheds water

February 2, 2011 7:37 pm | by I-Micronews | Comments

Windshields that shed water so effectively that they don?t need wipers. Ship hulls so slippery that they glide through the water more efficiently than ordinary hulls.

Edwards 4Q profit rises on heart valve sales

February 2, 2011 4:45 pm | by The Associated Press | Comments

Heart valve maker Edwards Lifesciences Corp. said Wednesday its fourth-quarter profit grew 36 percent as sales improved.Edwards said its profit rose to $64.8 million, or 54 cents per share, from $47.6 million, or 40 cents per share in the year-ago quarter. Excluding one-time charges the company...

Affymetrix 4Q profit climbs as costs shrink

February 2, 2011 1:45 pm | by The Associated Press | Comments

Genetic testing instrument maker Affymetrix Inc. said Wednesday its profit rose 42 percent in the fourth quarter as its costs decreased, offsetting lower revenue.Affymetrix said its net income grew to $4 million, or 6 cents per share. In the fourth quarter of 2009 it reported a profit of $2.8...

DC, Dallas and Boston lead US in job growth

February 2, 2011 12:45 pm | by CHRISTOPHER S. RUGABER - AP Economics Writer - Associated Press | Comments

Jobs are hard to come by in every U.S. city, but you stand a better chance of getting hired if you live in Washington, Dallas or Boston.Those three metropolitan areas topped the rest of the nation's cities in jobs added in 2010.And all three are home to industries that are poised to hire this...

Brower Piven Announces Class Action Lawsuit in Connection With the Possible Acquisition of Tenet Healthcare Corporation by Community Health Services, Inc.

February 2, 2011 12:45 pm | by The Associated Press | Comments

Brower Piven, A Professional Corporation announces that a class action lawsuit has been commenced in the County Court, Dallas County, Texas, on behalf of all shareholders of Tenet Healthcare Corporation ("Tenet") (NYSE: THC).The claims asserted in the complaint arise from a possible buyout...

Lampreys give clues to evolution of immune system

February 2, 2011 12:39 pm | by EurekAlert | Comments

(Emory University) Biologists have discovered that primitive, predatory lampreys have structures within their gills that play the same role as the thymus, the organ where immune cells called T cells develop in mammals, birds and fish. The finding suggests that in vertebrate...

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