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Opportunity for Expansion Rises in Far East for Life Sciences Company

March 13, 2011 11:34 pm | by San Diego Business Journal | Comments

Life Technologies Corp. has joined a growing group of local biotech firms continuing to invest in Asia. The Carlsbad company announced that it has opened a 62,300-square-foot distribution center

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Taking tamoxifen to prevent breast cancer can save lives and money

March 13, 2011 9:33 pm | by EurekAlert | Comments

(Wiley-Blackwell) Tamoxifen, taken by certain women as a preventive measure against breast cancer, saves lives and reduces medical costs. That is the conclusion of a new study published early online in Cancer, a peer-reviewed journal of the American Cancer Society. The study's results...

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Tolerx, GSK diabetes drug candidate misses goal

March 13, 2011 8:37 pm | by Mass High Tech: The Journal of New England Technology | Comments

A Phase 3 clinical study of a type 1 diabetes treatment by Cambridge biotech Tolerx Inc., in conjunction with British pharmaceutical giant GlaxoSmithKline, failed to meet its primary endpoint.

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Department of Energy announces funding to support the next generation of American scientists and engineers

March 13, 2011 8:37 pm | by I-Micronews | Comments

Fellowship programs to support innovative research and ensure U.S. leadership in clean energy.

A New Approach to Treating Rheumatoid Arthritis

March 13, 2011 8:36 pm | by Massachusetts Institute of Technology | Comments

An engineered protein reduces arthritis symptoms in mice.

Miniature 'wearable' PET scanner ready for use

March 13, 2011 11:33 am | by EurekAlert | Comments

(DOE/Brookhaven National Laboratory) Scientists have demonstrated the efficacy of a "wearable," portable PET scanner they've developed for rats. The device will give neuroscientists a new tool for simultaneously studying brain function and behavior in fully awake, moving animals.

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Covidien Receives FDA Approval for South African-Produced Medical Isotope Based on Low-Enriched Uranium

March 11, 2011 4:34 pm | by Covidien | Comments

ST. LOUIS, Mar 10, 2011 (BUSINESS WIRE) --Covidien (NYSE: COV), a leading global provider of healthcare products, today announced that the U.S. Food and Drug Administration (FDA) has approved the use of molybdenum-99 (Mo-99) derived from low-enriched uranium (LEU) in the production of...

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Edwards Lifesciences buys Embrella Cardiovascular

March 11, 2011 1:45 pm | by The Associated Press | Comments

Heart valve maker Edwards Lifesciences Corp. said Friday that it has completed the purchase of Embrella Cardiovascular Inc. for $43 million in cash.Embrella developed a single-use disposable deflector system that can be used during heart procedures without blocking blood flow to the brain. The...

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Class I, II Devicemakers Must Continue Malfunction Reports

March 11, 2011 1:31 pm | by U.S. Food & Drug Administration | Comments

Manufacturers and importers of all devices must continue to submit malfunction reports as they await a promised easing of requirements for Class I devices and Class II devices that are not permanently implantable, life supporting or life sustaining.

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Senate Clears Patent Reform Bill in Victory for Devicemakers

March 11, 2011 1:31 pm | by U.S. Food & Drug Administration | Comments

Device manufacturers have won a victory in Congress now that the Senate has passed patent-reform legislation that includes several provisions favorable to the industry.

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Halozyme 4Q loss widens on revenue dip

March 11, 2011 12:45 pm | by The Associated Press | Comments

Biotechnology company Halozyme Therapeutics Inc. on Friday reported a wider fourth-quarter loss due to lower revenue and higher costs.The developer of enzyme-focused products, said it lost $16.9 million, or 17 cents per share, in the last three months of 2010, compared with a loss of $12.7...

Gilead tells shareholders to reject tender offer

March 11, 2011 12:45 pm | by The Associated Press | Comments

Drug maker Gilead Sciences Inc. on Friday recommended shareholders reject an unsolicited "mini-tender" offer by TRC Capital Corp. to buy up to 3 million shares, or less than 1 percent, of the company's common stock.TRC is offering to buy the stock at $37.25 per share, which is 4.6 percent less than...

Inhibitex 4Q loss widens on costs

March 11, 2011 11:45 am | by The Associated Press | Comments

Biotechnology company Inhibitex Inc. reported a wider fourth-quarter loss Friday, as it continued developing a potential treatment for shingles and a potential drug for hepatitis C.Inhibitex reported a net loss of $7 million, or 11 cents per share, for the three months ended Dec. 31 compared...

Ferring Pharmaceuticals, Inc. Congratulates R & B and Pop Icon Gloria Gaynor, Named 'Woman of the Year' by Arthritis Foundation

March 11, 2011 11:36 am | by Bio-Medicine.Org | Comments

PARSIPPANY, N.J., March 11, 2011 /- Ferring Pharmaceuticals Inc. congratulates GRAMMY® award-winning recording artist Gloria Gaynor, who will receive the inaugural Woman of the Year award from the Arthritis Foundation's New York Chapter.  As part of the Foundation's arthritis...

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Sirona Dental prices secondary offering of shares

March 11, 2011 9:45 am | by The Associated Press | Comments

Sirona Dental Systems Inc. said Friday it priced an offering of nearly 5 million shares of stock at $48.85 per share, a 3 percent discount from its previous closing price.The Long Island City, N.Y., maker of dental equipment said the secondary offering involves 4.5 million shares sold by Sirona...

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