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AstraZeneca declines license for Targacept drug

May 2, 2011 9:45 am | by The Associated Press | Comments

Targacept Inc. said Monday that British drugmaker AstraZeneca will not exercise its option to license a potential schizophrenia drug.The drug, called TC-5619, failed in a midstage, proof-of-concept study in March focusing on non-smokers with attention-deficit/attention hyperactivity disorder....

STEM Savvy High School Students Connect with Industry

May 2, 2011 9:38 am | by Society of Manufacturing Engineers | Comments

DEARBORN, Mich., LYNNWOOD, Wash., April 29, 2011 — Tech-savvy teams from various high schools located in Washington's Snohomish and the Island County regions will present their STEM-based projects to local manufacturers—potential employers, who are in desperate need of skilled...

NMT Medical, Inc. Assigned All Its Assets to Joseph F. Finn, Jr., C.P.A. of the Firm Finn, Warnke & Gayton, LLP on April 20, 2011

May 2, 2011 9:33 am | by Bio-Medicine.Org | Comments

WELLESLEY HILLS, Mass., May 2, 2011 /- On April 20, 2011, NMT Medical, Inc. ("NMT Medical") assigned all its assets to Joseph F. Finn, Jr., C.P.A. ("Finn") of the firm Finn, Warnke & Gayton, LLP to be liquidated for the benefit of NMT Medical creditors. NMT Medical's intellectual...

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Generex Biotechnology Corporation CEO to Present Live, Online at RetailInvestorConferences.com on May 5th

May 2, 2011 9:33 am | by Bio-Medicine.Org | Comments

NEW YORK, May 2, 2011 /- Generex Biotechnology Corporation ( www.generex.com ) (OTC: GNBT) today announced that Mark Fletcher, CEO, will present at RetailInvestorConferences.com. DATE: May 5th, 2011 TIME:  11:00 AM EDT LINK: www.retailinvestorconferences.com >Click the red...

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Perrigo Announces FDA Final Approval for Minoxidil Foam - Generic Equivalent to Men's Rogaine® Foam

May 2, 2011 9:32 am | by Bio-Medicine.Org | Comments

ALLEGAN, Mich., May 2, 2011 /- Perrigo Company (Nasdaq: PRGO ; TASE) today announced that it has received final approval from the U.S. Food and Drug Administration for its abbreviated new drug application for over-the-counter (OTC) Minoxidil Foam, a generic version of Men's Rogaine®...

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Michigan Growth Capital Symposium Unveils Robust Line Up of Presenting Companies for 30th Anniversary Event

May 2, 2011 8:35 am | by Bio-Medicine.Org | Comments

ANN ARBOR, Mich., May 2, 2011 /- Anticipating record attendance among the investment community at the upcoming Michigan Growth Capital Symposium , taking place May 10-11 at the Marriott Resort in Ypsilanti, Mich., event organizers today unveiled the complete list of companies that will...

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Prexa names Graham, Reines to executive staff

May 2, 2011 8:34 am | by Mass High Tech: The Journal of New England Technology | Comments

Prexa Pharmaceuticals Inc., a Boston biotech focused on developments to treat central nervous system disorders, has appointed Evelyn Graham as chief operating officer and Scott Reines as chief medical officer.

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Aoxing Pharmaceutical Company Announces Issuance of Chinese Patent for Naloxone Sublingual Film

May 2, 2011 8:34 am | by Bio-Medicine.Org | Comments

JERSEY CITY, N.J., May 2, 2011 /- Aoxing Pharmaceutical (NYSE Amex: AXN ) ("Aoxing Pharma"), a specialty pharmaceutical company focusing on research, development, manufacturing and distribution of narcotic and pain-management products, announced that its operating subsidiary in China,...

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SeraCare Life Sciences Announces Renewal of National Institutes of Health Contract to Support Research

May 2, 2011 8:34 am | by Bio-Medicine.Org | Comments

MILFORD, Mass., May 2, 2011 /- SeraCare Life Sciences announced today that the National Heart, Lung, and Blood Institute (NHLBI) of the National Institutes of Health has awarded a new contract to SeraCare, replacing the current contract which expired on April 30, 2011. Under this...

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City Medical, PC Adds Digital X-ray Machine

May 2, 2011 8:33 am | by Bio-Medicine.Org | Comments

MADISON HEIGHTS, Mich., May 2, 2011 /- City Medical, P.C., the principal provider of high-quality, community-focused health care for Madison Heights and Southgate, Michigan, today announced that it has added a new digital X-ray machine at its Madison Heights office . The new Agfa-Viztek...

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NewCardio to Showcase Cardiac Diagnostic Technology at MDB Capital's Bright Lights Conference in New York City on May 10, 2011

May 2, 2011 8:33 am | by Bio-Medicine.Org | Comments

SANTA CLARA, Calif., May 2, 2011 /- NewCardio, Inc., (OTC BB: NWCI) a cardiac diagnostic technology provider, today announced its selection for the prestigious NYC Bright Lights Conference at the Le Parker Meridien Hotel in New York City. Bright Lights is the only conference of its...

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Volcano Corporation Presentation at JMP Securities Conference to be Webcast

May 2, 2011 8:33 am | by Bio-Medicine.Org | Comments

SAN DIEGO, May 2, 2011 /- Volcano Corporation (NASDAQ: VOLC ), a leading developer and manufacturer of precision intravascular diagnosis and therapy guidance tools designed to enhance the treatment of coronary and peripheral vascular disease, said today that it will be participating in...

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Regenerect: Recall - Undeclared Drug Ingredient

May 2, 2011 8:30 am | by U.S. Food & Drug Administration | Comments

Product marketed as dietary supplement contain drug ingredient sulfoaildenafil, which may interact with nitrates found in some prescription drugs and lower blood pressure to dangerous levels.

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SeraCare renews $17M federal research-support contract

May 2, 2011 7:34 am | by Mass High Tech: The Journal of New England Technology | Comments

SeraCare Life Sciences Inc., a Milford provider of products and services that support drug discovery and medical device development, has won a contract renewal, worth about $17.6 million over five years, from the National Heart, Lung, and Blood Institute of the National Institutes of Health.

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Medtronic CEO will stay on until replacement named

May 2, 2011 6:45 am | by The Associated Press | Comments

The outgoing chief executive of Medtronic is telling employees he will continue to lead the medical device manufacturer as its board of directors continues the search for a replacement.Minneapolis-based Medtronic previously announced that Hawkins would step down on April 29, the close of the...

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