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Momenta hires Biogen's Kwon for business development

January 4, 2011 9:38 am | by Mass High Tech: The Journal of New England Technology | Comments

Momenta Pharmaceuticals Inc. has appointed Young T. Kwon, former senior director of business development at Biogen Idec, as vice president of business development of the company.

Constellation taps Eli Lilly vet for chief scientific post

January 4, 2011 9:38 am | by Mass High Tech: The Journal of New England Technology | Comments

Constellation Pharmaceuticals Inc. has named Eli Lilly and Company veteran James Audia as chief scientific officer of the Cambridge genome-focused drug developer.

Foundation Medicine, Novartis team up on cancer diagnostics

January 4, 2011 9:37 am | by Mass High Tech: The Journal of New England Technology | Comments

Foundation Medicine Inc., a cancer diagnostics startup, has inked a collaboration deal with Swiss drug giant Novartis AG to tailor Foundation's genome-based tests to Novartis' needs.

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Edwards Lifesciences to Present at the 29th Annual J.P. Morgan Healthcare Conference

January 4, 2011 7:45 am | by The Associated Press | Comments

Edwards Lifesciences Corporation (NYSE: EW), the global leader in the science of heart valves and hemodynamic monitoring, is scheduled to present at the J.P. Morgan Healthcare Conference at the Westin St. Francis in San Francisco, California on Tuesday, January 11, 2011.Michael A. Mussallem,...

Managed Health Care Associates, Inc. (MHA) Acquires Navigator, Inc.

January 4, 2011 7:37 am | by Bio-Medicine.Org | Comments

FLORHAM PARK, N.J., Jan. 4, 2011 /- Managed Health Care Associates, Inc. (MHA), a leading healthcare service company focused on alternate site providers, is pleased to announce the acquisition of Navigator, Inc., Nashville, TN. Navigator is one of the nation's largest and fastest growing...

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Philadelphia's Victoria A. Cirillo-Hyland, M.D. Adds Alma Lasers' Pixel CO2 Laser System to Offer Fractional CO2 Laser Treatments to Patients

January 4, 2011 7:36 am | by Bio-Medicine.Org | Comments

BRYN MAWR, Pa., Jan. 4, 2011 /- Owner and medical director of Cirillo Cosmetic Dermatology Spa, Victoria A. Cirillo-Hyland, M.D., has expanded her practice and is now offering Pixel Perfect™ treatments to her patients with the purchase of the Pixel CO2 laser from Alma Lasers. "I'm...

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Endo to Present at the J.P. Morgan 29th Annual Healthcare Conference

January 4, 2011 7:33 am | by Bio-Medicine.Org | Comments

CHADDS FORD, Pa., Jan. 4, 2011 /- Endo Pharmaceuticals (Nasdaq: ENDP ) today announced that it will present at the J.P. Morgan 29th Annual Healthcare Conference on Monday, January 10, 2011 at 1:30 p.m. PT.  David P. Holveck, president and CEO of Endo, will review the company's...

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FDA cites reports of fire with Invacare beds

January 4, 2011 6:46 am | by MATTHEW PERRONE - AP Health Writer - Associated Press | Comments

Federal health regulators have issued a warning to Invacare Corp. for failing to report and address malfunctions with its electric beds, including electronics that allegedly caught on fire causing injury and death.The Food and Drug Administration posted a warning letter to the Ohio-based...

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Neogen fiscal 2Q profit rises 33 percent

January 4, 2011 6:45 am | by The Associated Press | Comments

Neogen Corp. said Tuesday its fiscal second-quarter profit rose 33 percent on higher food and animal safety testing product sales.The company said it earned $6.1 million, or 26 cents per share, over the three months ended Nov. 30. In the same quarter a year earlier, it reported a profit of $4.6...

GE Healthcare, Beckman Coulter, Boston Scientific, Purdue University, University of Illinois present engineering innovations at MEDCon

January 4, 2011 5:46 am | Comments

Medical Electronic Device Conference & Expo (MEDCon) will be held May 16-18, 2011 at Navy Pier in Chicago, IL.  This event provides the opportunity to stay at the forefront of innovations in engineering for electronic medical devices.

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Atrium acquires dietary supplement marketer Seroyal, shares rise seven per cent

January 4, 2011 5:45 am | by The Associated Press | Comments

Shares in Atrium Innovations Inc. (TSX:ATB) rose more than seven per cent in early trading after the company said it had acquired dietary supplement marketer Seroyal International for US$110 million in cash.Atrium shares jumped $1.12 to $16.34 in morning trading on the Toronto Stock...

Celgene seeks approval for blood cancer treatments

January 4, 2011 4:45 am | by The Associated Press | Comments

Celgene Corp. said Tuesday it submitted for approval blood cancer treatments Revlimid and Istodax to European and U.S. regulators, respectively.The Summit, N.J., company is seeking approval for Revlimid from the European Medicines Agency to treat multiple myeloma patients who have not progressed...

Satori socks away $7M in new $20M funding

January 4, 2011 4:35 am | by Mass High Tech: The Journal of New England Technology | Comments

Satori Pharmaceuticals Inc., a Cambridge-based developer of drugs for neurodegenerative disorders, has raised $7 million in a new round of financing that is targeting $20 million, according to federal documents.

NxStage to Present at the 29th Annual J.P. Morgan Healthcare Conference

January 4, 2011 4:35 am | by Bio-Medicine.Org | Comments

LAWRENCE, Mass., Jan. 4, 2011 /- NxStage Medical, Inc. (Nasdaq: NXTM ), a leading manufacturer of innovative dialysis products, today announced that Jeffrey H. Burbank, Chief Executive Officer and Robert S. Brown, Chief Financial Officer, will present at the 29th Annual J.P. Morgan...

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PneumRx, Inc. Raises $33 Million in Capital

January 4, 2011 4:34 am | by Bio-Medicine.Org | Comments

MOUNTAIN VIEW, Calif., Jan. 4, 2011 /- PneumRx, Inc. ( www.pneumrx.com ), a medical device company dedicated to bringing innovation and improvements to the treatment of lung disease, today announced that it has raised $33 million in working capital commitments.  The oversubscribed...

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