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Thermo Fisher buys plastic product maker Sterilin

May 18, 2011 7:45 am | by The Associated Press | Comments

Scientific instrument maker Thermo Fisher Scientific Inc. said Wednesday it acquired Sterilin Ltd., a U.K. company that makes disposable plastic products.The companies did not disclose terms of the deal. Thermo Fisher said Sterilin makes disposable plastic products used in sample collection,...

SME Announces New Industry-Focused Manufacturing Event in Hartford

May 18, 2011 6:54 am | by Society of Manufacturing Engineers | Comments

DEARBORN, Mich., May 17, 2011 — To meet the changing needs of East Coast manufacturers, the Society of Manufacturing Engineers (SME) announced Mfg4 - a new conference-driven event to be held May 8-10, 2012, at the Connecticut Convention Center in Hartford. More

Merger complete, FluoroPharma Medical raises $3.5M

May 18, 2011 6:52 am | by Mass High Tech: The Journal of New England Technology | Comments

agents developer FluoroPharma Inc. has completed its merger with Commercial E Waste Management. Following the merger with the shell corporation, the resulting, combined public company, FluoroPharma Medical Inc., raised $3.5 million from a stock sale.

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Celldex prices $31.5M stock offering

May 18, 2011 6:42 am | by Mass High Tech: The Journal of New England Technology | Comments

Celldex Therapeutics Inc., the Needham company developing a brain cancer vaccine, has priced a public offering of 10 million shares of its common stock at about $3.15 per share. The offering would raise $31.5 million, with Celldex taking in about $29.4 million in net proceeds.

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FluoroPharma Announces Completion of Merger and Fund Raising

May 18, 2011 6:41 am | by Bio-Medicine.Org | Comments

BOSTON, May 18, 2011 /- FluoroPharma Medical (OTC.BB: CEWM) announced that it has completed a merger transaction with Commercial E Waste Management (CEWM). Effective as of the closing of the transaction, FluoroPharma became a wholly-owned subsidiary of CEWM. The newly combined, publicly...

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PLC Medical Systems Adds Vice President of Clinical Affairs

May 18, 2011 6:41 am | by Bio-Medicine.Org | Comments

FRANKLIN, Mass., May 18, 2011 /- PLC Systems Inc. (OTCBB: PLCSF), a company focused on innovative medical device technologies, today announced that it has named Susan Papalia, RN, BSN, Vice President of Clinical Affairs.  In her new role, she will be responsible for overseeing and...

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Draft Guidance for Industry and Food and Drug Administration Staff - Class II Special Controls Guidance Document: In Vitro Diagnostic Devices for Bacillus spp. Detection

May 18, 2011 6:31 am | by U.S. Food & Drug Administration | Comments

This draft special controls guidance document was developed to support the proposed classification of in vitro diagnostic device for Bacillus spp. detection, a previously unclassified type of preamendments device, into class II, as recommended by the...

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Abiomed reports fiscal 4Q loss, Impella sales rise

May 18, 2011 5:45 am | by The Associated Press | Comments

Abiomed posted a loss for the fourth quarter which, unlike last year, did not have the benefit of the sale of its stake in World Heart Corp. Yet revenue rose sharply, giving a boost to company shares before the market opened Wednesday.Without the $6.4 million sale this year, the heart device...

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Cepheid Appoints LABSCO as US Small Hospital Distributor

May 18, 2011 5:32 am | by Bio-Medicine.Org | Comments

SUNNYVALE, Calif., May 18, 2011 /- Cepheid (NASDAQ: CPHD ) today announced it has entered into an agreement with LABSCO ( www.labsco.com ), the largest privately held distributor of clinical products in the United States, to become its US distribution partner for Cepheid's GeneXpert®...

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Favorable Clinical Study Results Reported With Dual Anti-Platelet Therapy After LAA Closure With WATCHMAN® Device

May 18, 2011 4:33 am | by Boston Scientific | Comments

Results for Boston Scientific WATCHMAN device presented at EuroPCR

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Reportlinker Adds Hong Kong SMBG Devices and Strips Market

May 18, 2011 1:32 am | by Bio-Medicine.Org | Comments

NEW YORK, May 18, 2011 /- Reportlinker.com announces that a new market research report is available in its catalogue: Hong Kong SMBG Devices and Strips Market...

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Wellpoint declares quarterly dividend

May 17, 2011 2:45 pm | by The Associated Press | Comments

Wellpoint Inc., a health insurer based in Indianapolis, declared a regular quarterly dividend of 25 cents on Tuesday. The company said it will pay the dividend June 24 to shareholders of record as of June 10.

Shire buys Advanced BioHealing for $750M

May 17, 2011 2:35 pm | by Mass High Tech: The Journal of New England Technology | Comments

Advanced BioHealing Inc., the Connecticut biotech that filed for a $200 million IPO at the beginning of May, has been scooped up before its IPO for $750 million cash by Shire plc, the Irish company with its Human Genetic Therapies business presence in Lexington.

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SME Announces Faculty Advisor Professional Development Awardees

May 17, 2011 12:40 pm | by Society of Manufacturing Engineers | Comments

DEARBORN, Mich., May 17, 2011 — The Student Relations Committee of the Society of Manufacturing Engineers (SME) has awarded its inaugural Faculty Advisor Professional Development Award to educators committed to the next generation of manufacturing professionals. More

Foundation Medicine forms alliance with Celgene

May 17, 2011 12:39 pm | by Mass High Tech: The Journal of New England Technology | Comments

Cancer genomics tests developed by Cambridge-based Foundation Medicine Inc. are part of a collaboration with biopharmaceuticals firm Celgene Corp., which will apply the tests to its own clinical drug trials.

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