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Diabetes Risk, on a Scale of 1 to 10

July 13, 2010 9:34 pm | by Massachusetts Institute of Technology | News | Comments

A new test is transforming the way some doctors diagnose and treat their patients.

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Arava (leflunomide): Boxed Warning - Risk of Severe Liver Injury

July 13, 2010 9:31 pm | by U.S. Food & Drug Administration | News | Comments

Warning highlights the risk of severe liver injury and how this risk may be reduced.

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SEC tells LHC Group to preserve Medicare documents

July 13, 2010 3:45 pm | by The Associated Press | News | Comments

Home care and hospice provider LHC Group Inc. said Tuesday the Securities and Exchange Commission ordered it to preserve all documents relating to its Medicare-reimbursement practices.The SEC indicated it plans to request the documents later, the company said. LHC said it intends to cooperate...

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Meridian Bioscience says FDA clears bacterium test

July 13, 2010 12:45 pm | by The Associated Press | News | Comments

Meridian Bioscience Inc. said Tuesday that the Food and Drug Administration has given approval to market Meridian's test for Clostridium difficile. Meridian, a medical test developer and maker, said it takes less than an hour to run the assay for illumigene C. difficile, a bacterium that can...

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

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

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

July 13, 2010 8:35 am | by Bio-Medicine.Org | News | 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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Meiban's Helen Ho Talks About the Importance of User-Centric Design

July 13, 2010 8:32 am | Videos | Comments

Helen Ho of Meiban explains why a user-centric design approach is becoming more important for medical device manufacturers to MDT Editor-in-Chief, Sean Fenske, during a visit to the company facility in Singapore. Additionally, Helen touches upon the company's unique sequential molding...

Biolase Technology cuts 20 positions, CFO out

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

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