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BioMimetic reports 2Q net loss of $7.7M

August 5, 2010 1:45 pm | by The Associated Press | News | Comments

BioMimetic Therapeutics Inc. said Thursday that its second-quarter loss widened from the year before due to a sharp decline in investment income.The medical product maker's revenue fell short of Wall Street's expectations. Its shares slipped 13 cents to $9.55 in after-hours trading.The company...

ATS Medical shareholders approve sale to Medtronic

August 5, 2010 12:45 pm | by The Associated Press | News | Comments

Heart device maker ATS Medical Inc. said Thursday its shareholders have approved the company's $350 million sale to Medtronic Inc., the world's largest medical device maker. ATS Medical said it held a shareholder meeting Thursday, and stockholders owning 61.3 million shares — or 75.3 percent of...

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LHC Group posts 20.4 percent profit boost

August 5, 2010 12:45 pm | by The Associated Press | News | Comments

Home health provider LHC Group Inc. posted a 20 percent increase in second-quarter earnings that just missed analysts' forecasts.But investors were cool to the report, sending LHC shares down 3.7 percent in Thursday trading.For the April-through-June period, LHC said it earned $12.4 million, or...

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iCAD gets FDA nod for colon cancer detection product

August 5, 2010 10:37 am | by Mass High Tech: The Journal of New England Technology | News | Comments

Nashua, N.H.-based image and analysis solutions company iCAD Inc. has announced that the U.S. Food and Drug Administration has approved the company's VeraLook computer-aided detection product used to analyze virtual colonoscopy exams.

Microfluidics International Corporation to Report Second Quarter 2010 Financial Results on August 10, 2010

August 5, 2010 10:36 am | by Bio-Medicine.Org | News | Comments

NEWTON, Mass. , Aug. 5 /- Microfluidics International Corporation (OTC Bulletin Board: MFLU ) announced today the Company will release second quarter 2010 financial results on Tuesday, August 10, 2010 , at 8:30am ET . (Logo: http://photos.prnewswire.com/prnh/20090811/NE59652LOGO )...

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JumpStart Ventures Invests In and Provides Entrepreneurial Assistance to Drug Development Company

August 5, 2010 8:35 am | by Bio-Medicine.Org | News | Comments

CLEVELAND , Aug. 5 /- JumpStart Ventures , which invests in and partners with innovative, early-stage companies in Northeast Ohio , announced an investment commitment of $250,000 in drug development company ChanRx. The two-year-old company is developing a pharmaceutical compound to treat...

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Cornerstone Therapeutics Announces Development of Generic for Tussionex®

August 5, 2010 8:34 am | by Bio-Medicine.Org | News | Comments

CARY, N.C. , Aug. 5 /- Cornerstone Therapeutics Inc. (Nasdaq: CRTX ) ("Cornerstone" or the "Company"), a specialty pharmaceutical company focused on acquiring, developing and commercializing significant products primarily for the respiratory and related markets, today announced that its...

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Diagnostics firm Ikonisys lands $3.8M

August 5, 2010 8:33 am | by Mass High Tech: The Journal of New England Technology | News | Comments

Ikonisys Inc., a New Haven, Conn.-based diagnostics device firm, has raised $3.8 million of a planned $12 million equity and warrants offering, according to a regulatory filing. The company develops a platform that serves as the basis of diagnostic products for identifying cancer and birth defects.

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Agendia Inaugurates New State-of-the-Art Genomics Laboratory in Irvine

August 5, 2010 8:33 am | by Bio-Medicine.Org | News | Comments

IRVINE, California , and AMSTERDAM , August 5, 2010 /- Agendia, a world leader in molecular cancer diagnostics, today announced the inauguration of a new state-of-the-art clinical genomics laboratory in Irvine, CA. Previously, Agendia's offices and laboratory were located in Huntington...

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Omnicare 2Q net income falls, shares drop

August 5, 2010 7:45 am | by The Associated Press | News | Comments

Omnicare Inc. said Thursday its net income fell 60 percent in the second quarter on lower pharmacy services revenue.The company, which dispenses drugs to nursing homes and long-term care facilities, also cut its outlook for the year, helping to send its shares down 11 percent in morning trading...

Thermocouple and RTD Thermometers Offer High Accuracy, Data Logging

August 5, 2010 6:06 am | Omega Eng. Inc. | Product Releases | Comments

There are 3 display locations on the large, easy-to-read LCD that displays the temperatures and differences of the two inputs, as well as the specific function when in use.

Connector Headers Designed for CFast Card Interface

August 5, 2010 5:47 am | 3M | Product Releases | Comments

Fully compliant to the CFast standard, 3M Headers for CFast meet the CFA CFast Specification Rev 1.0 and offer many features and options for PCB designers seeking to implement CFast technology.

Thermal Interface Materials Manufactured With Hardened Top Surface

August 5, 2010 5:39 am | Fujipoly America Corp. | Product Releases | Comments

Fujipoly has added Sarcon 100GR-HL to its line of specially formulated thermal interface materials. This advanced gap filler pad is manufactured with a hardened top surface.

Making Spider-Strength Materials

August 5, 2010 5:37 am | by Massachusetts Institute of Technology | News | Comments

Genetically modified bacteria can produce enough proteins for super-strong spider silk.

ImmunoGen sees sharp revenue drop for fiscal 2010

August 5, 2010 5:37 am | by Mass High Tech: The Journal of New England Technology | News | Comments

Waltham biotech ImmunoGen Inc. ended its fiscal 2010 with less than half of the revenue it reported for fiscal 2009, mainly due to a drop in license and milestone fee revenue.

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