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Kindred boosts credit deal to $600 million

December 13, 2010 7:45 am | by The Associated Press | Comments

Health care services company Kindred Healthcare Inc. said Monday it amended its revolving credit agreement to boost its available credit to $600 million from $500 million.In a statement, CEO and President Paul J. Diaz said the additional capacity will allow the company to expand its services in...

Enzo 1Q loss narrows on lower costs, revenue boost

December 13, 2010 6:45 am | by The Associated Press | Comments

Biotechnology company Enzo Biochem Inc. said Monday that its first-quarter loss narrowed on a mix of lower costs and a boost in laboratory services revenue.Enzo said it lost $1.1 million, or 3 cents per share, in the quarter that ended Oct. 31, compared with a loss of $1.8 million, or 5 cents...

Potential chink in armor of African sleeping sickness parasite: It's social

December 13, 2010 6:33 am | by EurekAlert | Comments

(American Society for Cell Biology) Long considered a freewheeling loner, the Trypanosoma brucei parasite responsible for African sleeping sickness has revealed a totally unexpected social side, opening a potential chink in the behavioral armor of this and other supposedly solitary...


Health Net forecasts 2011 earnings per share

December 13, 2010 5:45 am | by The Associated Press | Comments

Health insurer Health Net Inc. said Monday it expects a slight rise in commercial enrollment next year and earnings per share of at least $2.05.The Woodland Hills, Calif., insurer said its earnings projection includes severance costs and losses from operations of its Northeast business but it...

AVI BioPharma names board member Garabedian CEO

December 13, 2010 4:45 am | by The Associated Press | Comments

AVI BioPharma Inc. on Monday named Chris Garabedian as its CEO and president, effective Jan. 1.Garabedian, 44, replaces interim CEO and president J. David Boyle II, who will stay as chief financial officer and senior vice president. Garabedian has served as vice president of corporate strategy...

Ceapro Announces Share-for-Debt Transaction

December 13, 2010 4:45 am | by The Associated Press | Comments

Ceapro Inc. (TSX VENTURE: CZO) ("Ceapro" or the "Corporation") announced today that it has agreed to issue to each of its directors who have accepted to receive common shares (to be issued at $0.11 per common share) in satisfaction of accrued and unpaid director fees in the aggregate...

Semprus socks away $18M in Series B funds

December 13, 2010 4:37 am | by Mass High Tech: The Journal of New England Technology | Comments

Cambridge-based biomedical company focused on antibacterial coatings Semprus BioSciences Inc. has closed on an $18 million Series B financing round, led by SR One, the corporate venture capital arm of GlaxoSmithKline, and Foundation Medical Partners.

MedShape Solutions, Inc. Secures Investment From IQT to Support U.S. Intelligence Community

December 13, 2010 4:37 am | by Bio-Medicine.Org | Comments

ATLANTA, Dec. 13, 2010 /- MedShape Solutions, Inc., the world's leading developer of innovative orthopedic medical devices from shape memory materials, today announced a strategic investment and development agreement from In-Q-Tel (IQT), the strategic investment firm that identifies...


Ascension Orthopedics Implants PyroTITANâ„¢ in France

December 13, 2010 4:37 am | by Bio-Medicine.Org | Comments

AUSTIN, Texas, Dec. 13, 2010 /- Ascension Orthopedics, Inc., a market leader in PyroCarbon orthopedic implants, announces the first implantation of the PyroTITAN™ Humeral Resurfacing Implant in France. The PyroTITAN was implanted in a 68-year-old patient suffering from painful...


First Patient Enrolled in Multi-Center Clinical Trial of the CorMatrix® ECM® for Pericardial Closure to Reduce the Incidence of New Onset Postoperative Atrial Fibrillation

December 13, 2010 4:36 am | by Bio-Medicine.Org | Comments

ATLANTA, Dec. 13, 2010 /- CorMatrix Cardiovascular, Inc., an Atlanta-based company dedicated to developing and delivering unique extracellular matrix (ECM) biomaterial devices that harness the body's innate ability to repair damaged cardiovascular tissue, announced today that Franciscan...


Generex Announces Publication of New Positive Generex Oral-lynâ„¢ Data in Peer-Reviewed Journal

December 13, 2010 4:35 am | by Bio-Medicine.Org | Comments

WORCESTER, Mass., Dec. 13, 2010 /- Generex Biotechnology Corporation ( ) (OTC Bulletin Board: GNBT ) announced today that the peer-reviewed scientific journal Diabetes, Obesity and Metabolism has published new positive data in respect of Generex Oral-lyn™, the...


Federal Register: Medical Device User Fee Program; Meetings on Reauthorization; Request for Notification of Patient and Consumer Advocacy Group Intention to Participate

December 13, 2010 4:32 am | by U.S. Food & Drug Administration | Comments

The FDA is issuing this notice to request that patient and consumer advocacy groups notify FDA of their intent to participate in periodic consultation meetings on reauthorization of the Medical Device User Fee Amendments of 2007 (MDUFA)...


Reese Pharmaceutical Company OTC Products: Recall - Mislabeled Guaifenesin Tablets

December 13, 2010 4:31 am | by U.S. Food & Drug Administration | Comments

Cold decongestant tablets (containing Acetaminophen, Phenylephrine, and Chlorpheniramine Maleate) were mislabeled as containing only Guaifenesin tablets.


Thermo Fisher will buy Dionex in $2.1B deal

December 13, 2010 2:47 am | by The Associated Press | Comments

Thermo Fisher Scientific Inc. says it will buy laboratory equipment maker Dionex Corp. for $2.1 billion.The Waltham, Massachusetts-based scientific instrument maker says the deal will expand its business in the Asia-Pacific region and help it do more business in industries such as environmental...

Medco buys consulting firm Total Healthcare(2)

December 13, 2010 2:47 am | by The Associated Press | Comments

Medco Health Solutions Inc. says it bought Total Healthcare Group of London, a consulting firm that serves clients in the biotechnology industry. Terms were not disclosed.Medco said Monday Total provides payer research, strategic planning, and information on the value of products. Total will...


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