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Children's Hospital granted $3M to study rare blood disease

October 22, 2010 7:32 am | by Mass High Tech: The Journal of New England Technology | Comments

Children’s Hospital Boston has received a $3.9 million grant from the National Institutes of Health to work on a treatment on a fatal genetic blood disease called Fanconi anemia.

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Thoratec Schedules Third Quarter Conference Call, Webcast

October 22, 2010 7:32 am | by Bio-Medicine.Org | Comments

PLEASANTON, Calif., Oct. 22 /- Thoratec Corporation (Nasdaq: THOR ), a world leader in device-based mechanical circulatory support therapies to save, support and restore failing hearts, today announced that it will report its operating results for the third quarter and first nine months...

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GE to buy diagnostics company Clarient

October 22, 2010 6:45 am | by The Associated Press | Comments

General Electric Co. said Friday its healthcare unit will buy diagnostics company Clarient Inc. in a deal aimed at speeding its expansion into cancer diagnostic and therapy selection tools.GE Healthcare officials say the deal will help them build a $1 billion-plus business developing integrated...

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St. Jude Medical to buy back up to $300M in shares

October 22, 2010 6:45 am | by The Associated Press | Comments

St. Jude Medical Inc., a medical device maker, said Friday it will repurchase up to $300 million in stock.The program is in addition to the $600 million share repurchase program already announced.Shares acquired during the program will be used for general corporate purposes. The company had...

Teaching kids to work through trauma

October 22, 2010 6:34 am | by EurekAlert | Comments

(American Friends of Tel Aviv University) A child who grows up in the midst of political conflict, such as war or terrorism, can exhibit severe emotional scars. But certain qualities, which psychologists call "resilience factors," can help overcome this adversity. Prof. Michelle...

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Boston Scientific Announces CE Mark Approval for Expanded Indication of WallFlex® Biliary RX Stent

October 22, 2010 4:32 am | by Boston Scientific | Comments

Company's fully covered metal stent now approved for use in treating benign biliary strictures

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Emerson enters residential & small business renewable energy market with new 5kW grid tie solar inverter

October 22, 2010 1:34 am | by I-Micronews | Comments

Emerson Network Power launched the SPV-5.0 grid tie solar inverter, marking the company?s entry into the residential and small business renewable energy market.

Align moves to profit in 3Q

October 21, 2010 5:45 pm | by The Associated Press | Comments

Align Technology Inc. said Thursday it posted a profit in the third quarter, reversing a prior-year loss when the dental products company absorbed hefty costs related to a patent lawsuit settlement.The company, which makes the teeth-straightening system Invisalign, also revised its...

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Cantel raises dividend

October 21, 2010 3:45 pm | by The Associated Press | Comments

Cantel Medical Corp., which makes products used to prevent infections, said on Thursday that it would raise its semiannual dividend to 6 cents per share.The dividend will be paid Jan. 28 to shareholders of record Jan. 14.The company previously paid a semiannual dividend of 5 cents per share....

Orthovita says 3Q revenue grew 5 percent to $23.3M

October 21, 2010 12:45 pm | by The Associated Press | Comments

Orthovita Inc., an orthopedic and surgical products maker, said Thursday its revenue rose 5 percent in the third quarter over the same period last year.The company said product sales grew to $23.3 million from $22.3 million. It said revenue from its Cortoss bone augmentation material and...

New Label Changes for Commonly Prescribed HIV Drug Invirase

October 21, 2010 12:32 pm | by Bio-Medicine.Org | Comments

SILVER SPRING, Md., Oct. 21 /PRNewswire-USNewswire/ -- The U.S. Food and Drug Administration today announced that new safety information has been added to the label for the HIV antiviral drug Invirase (saquinavir), describing potentially life-threatening side effects on the heart when...

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Young Innovations 3Q profit rises 13 percent

October 21, 2010 11:45 am | by The Associated Press | Comments

Dental supply maker Young Innovations Inc. said its third-quarter profit rose 13 percent as revenue improved from diagnostic product sales.The company said after the markets closed Wednesday that its net income rose to $3.9 million, or 49 cents per share, in the three months ended Sept. 30 from...

Federal Panel Grants Lanier Law Firm Motion for Hearing on National Coordination of DePuy Hip Implant Lawsuits

October 21, 2010 11:34 am | by Bio-Medicine.Org | Comments

HOUSTON, Oct. 21 /- A panel of seven federal judges has granted The Lanier Law Firm 's motion for a hearing to determine the national coordination of all DePuy hip device cases in In re: DePuy Orthopaedics Inc. ASR Hip Implant Products Liability Litigation ( MDL 2197 ) . The United States...

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AACR Congratulates William S. Dalton on 2010 Leadership in Personalized Medicine Award

October 21, 2010 11:32 am | by AACR | Comments

PHILADELPHIA — The American Association for Cancer Research expresses its congratulations to and appreciation of William S. Dalton, M.D., Ph.D., who will receive the 2010 Leadership in Personalized Medicine Award from the Personalized Medicine Coalition (PMC). Dalton, who has been a...

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Rhythmlink International Announces Change in Engineering Management

October 21, 2010 11:32 am | by Bio-Medicine.Org | Comments

COLUMBIA, S.C., Oct. 21 /- Engineering executive Harold Kaefer has been named Rhythmlink's new director of engineering. With over 20 years of experience within the medical device, diagnostic and laser industries, Mr. Kaefer will provide project and engineering management to Rhythmlink's...

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