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Zogenix Secures $35 Million Debt Facility and Raises $15 Million Investment Capital

July 13, 2010 10:36 am | by Bio-Medicine.Org | Comments

SAN DIEGO , July 13 /- Zogenix, Inc. ("Zogenix"), a privately held pharmaceutical company, announced that it has secured a $35 million debt facility led by Oxford Finance Corporation which also included Silicon Valley Bank.  The facility consists of a $25 million term loan and a $10...

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Hanger Orthopedic Group, Inc. Announces Second Quarter 2010 Earnings Release Conference Call

July 13, 2010 10:36 am | by Bio-Medicine.Org | Comments

BETHESDA, Md. , July 13 /- Hanger Orthopedic Group, Inc. (NYSE: HGR ) announced today that it plans to report its results of operations for the quarter ended June 30, 2010 , on Tuesday, July 27, 2010 . The Company plans to issue a press release announcing the results for the quarter ended...

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Parkview Medical Center Selects MobileMD for Health Information Exchange Service

July 13, 2010 10:36 am | by Bio-Medicine.Org | Comments

PUEBLO, Colo. , July 13 /- Parkview Medical Center recently announced an agreement with MobileMD, Warminster, Pa. , to provide state-of-the-art health information exchange (HIE) services to its physician and medical community.  Parkview Medical Center is a non-profit general acute...

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K-V Pharmaceutical Announces Resubmission to New Drug Application for Gestivaâ„¢

July 13, 2010 10:35 am | by Bio-Medicine.Org | Comments

ST. LOUIS , July 13 /- K-V Pharmaceutical Company (NYSE:  KVa/KVb) (the "Company"), a specialty pharmaceutical company, announced today that it has been informed by Hologic, Inc. (Nasdaq: HOLX ) that a resubmission to the FDA's Complete Response action letter received in January 2009...

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Galen Advisors Grows Client Base More Than 50%

July 13, 2010 10:35 am | by Bio-Medicine.Org | Comments

ATLANTA , July 13 /- Galen Advisors, a leading provider of Revenue Cycle Management solutions for physicians, announced today record growth for the first half of 2010.  Assaulted by rising costs, reduced reimbursements and political mandates, physicians are turning to Galen for...

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Stereotaxis says 2Q capital orders doubled

July 13, 2010 9:46 am | by The Associated Press | Comments

Capital orders for Stereotaxis more than doubled in the second quarter, sending shares of the medical device maker up 24 percent Tuesday.Capital orders climbed to $10.2 million in the quarter, the company said, with half those orders coming from North America.Stereotaxis makes devices to help...

Virtual Radiologic closes $294 million sale(2)

July 13, 2010 9:46 am | by The Associated Press | Comments

Virtual Radiologic Corp. said it closed the sale of the company to an affiliate of Providence Equity Partners for $294 million.Under the deal, Virtual Radiologic stockholders receive $17.25 per share, representing a premium of 42 percent over the company's 30-day average closing price when the...

Virtual Radiologic closes $294 million sale

July 13, 2010 9:45 am | Comments

Virtual Radiologic Corp. said it closed the sale of the company to an affiliate of Providence Equity Partners for $294 million.Under the deal, Virtual Radiologic stockholders receive $17.25 per share, representing a premium of 42 percent over the company's 30-day average closing price when the...

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Rcadia Announces Five COR Analyzer® Studies to be Presented at SCCT Annual Scientific Meeting

July 13, 2010 8:35 am | by Bio-Medicine.Org | Comments

NEWTON, Mass. , July 13 /- Rcadia Medical Imaging today announced that its COR Analyzer® System for the fully automated analysis of coronary CT angiography (cCTA) will be featured in five studies presented at poster sessions during the annual scientific meeting of the Society of...

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Biolase Technology cuts 20 positions, CFO out

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

Biolase Technology slashed 20 positions and has taken other actions to boost profits, the dental laser company said Tuesday. Brett Scott, the chief financial officer, left the company as part of the restructuring. CEO David Mulder will take over Scott's duties until a replacement is...

Covidien completes ev3 acquisition

July 13, 2010 7:35 am | by Mass High Tech: The Journal of New England Technology | Comments

Health-care products maker Covidien plc has completed its buyout of ev3 Inc., a Minnesota developer of peripheral vascular and neurovascular technologies, for about $2.6 billion in cash and investments.

Obesity is associated with reduced sensitivity to fat

July 13, 2010 5:43 am | by EurekAlert | Comments

(Society for the Study of Ingestive Behavior) Research to be presented at the Annual Meeting of the Society for the Study of Ingestive Behavior, the foremost society for research into all aspects of eating and drinking behavior, finds marked differences between obese and lean men...

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Prompt actions halt alarming infection outbreak at Dallas hospital

July 13, 2010 5:43 am | by EurekAlert | Comments

(Association for Professionals in Infection Control) Rapid identification and aggressive infection control measures allowed a Dallas hospital to stop the spread of Acinetobacter baumannii, a type of bacteria that has become increasingly prevalent in healthcare facilities and is...

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MEMS & Sensors for Smartphones Report

July 13, 2010 5:42 am | by I-Micronews | Comments

When Sensing Comes Right into your Pocket!

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RXi Pharmaceuticals lands SBIR grant

July 13, 2010 5:42 am | by Mass High Tech: The Journal of New England Technology | Comments

Worcester-based RNAi-focused therapeutics firm RXi Pharmaceuticals Corp. has won an Advanced Technology Small Business Innovation Research grant in the amount of $300,000 per year for two years.

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