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Equity firm offers $294M for Virtual Radiologic

May 17, 2010 7:10 am | by The Associated Press | News | Comments

Private equity firm Providence Equity Partners plans to buy Virtual Radiologic Corp. in a $294 million deal, the companies announced Monday.Providence will acquire outstanding common shares of Virtual Radiologic, which is based in Eden Prairie, Minn., for $17.25 each in cash. That represents a...

Varicose vein study shows radiofrequency ablation causes less post-operative pain

May 17, 2010 6:36 am | by EurekAlert | News | Comments

(Wiley-Blackwell) Patients who received radiofrequency ablation for varicose veins reported less post-procedural pain than those treated with endovenous laser ablation. Vascular surgery experts from Imperial College, London, randomized 131 patients into two groups, with 64...

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Mpex Pharmaceuticals Presents Positive Phase 2 Clinical Trial Results of Aeroquin(TM) (MP-376) Treatment in Cystic Fibrosis Patients

May 17, 2010 6:36 am | by Bio-Medicine.Org | News | Comments

SAN DIEGO , May 17 /- Mpex Pharmaceuticals, Inc. today announced the presentation of data from its Phase 2b clinical trial with Aeroquin™ (a proprietary aerosol formulation of levofloxacin, MP-376) in cystic fibrosis (CF) at the American Thoracic Society (ATS) Annual Meeting in New...

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Dehaier Medical Systems Announces New Exclusive China Distribution Agreement with Welch Allyn, Further Broadening Company's Product Lines

May 17, 2010 6:36 am | by Bio-Medicine.Org | News | Comments

BEIJING , May 17 /PRNewswire-Asia-FirstCall/ -- Dehaier Medical Systems Ltd. (Nasdaq: DHRM ), an emerging leader in the development, assembly, marketing and sale of medical products in China , said today that it has become the exclusive China distributor of Welch Allyn's patient monitors....

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Press briefings at International Microbicides Conference May 22-25

May 17, 2010 5:38 am | by EurekAlert | News | Comments

(Microbicides 2010 (International Conference on Microbicides)) Issues on the forefront of HIV prevention research will be taking center stage at the International Microbicides Conference (M2010) at the David L. Lawrence Convention Center in Pittsburgh May 22-25. M2010 will be a...

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Henry Schein Disaster Relief Hotline Stands Ready to Support Dental, Medical and Animal Health Customers

May 17, 2010 5:37 am | by Bio-Medicine.Org | News | Comments

MELVILLE, N.Y. , May 17 /- In light of recent tornados, thunderstorms and flooding in Tennessee , Mississippi and other states, Henry Schein , Inc. (Nasdaq: HSIC ), the largest distributor of health care products and services to office-based practitioners, reminds customers that its...

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Xenon Announces Appointment of EVP, Research & Development

May 17, 2010 5:37 am | by Bio-Medicine.Org | News | Comments

VANCOUVER , May 17 /- Xenon Pharmaceuticals Inc. is pleased to announce today that it has appointed Tarek S. Mansour as Executive Vice President, Research and Development. "We are delighted to welcome Tarek to the Xenon team," commented Simon Pimstone , Xenon's President and CEO. "Tarek...

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Vitamin Research Products puts hybris and Portaltech at the heart of its global e-commerce strategy

May 17, 2010 5:37 am | by RealWire | News | Comments

New York - May 17, 2010. Vitamin Research Products (VRP), a leading U.S.-based manufacturer and marketer of pharmaceutical-quality nutritional supplements, has selected a best-of-breed commerce solution from hybris, a leading multichannel commerce and communication software vendor, and...

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DFA unreliable in H1N1 testing in critically ill patients

May 17, 2010 5:36 am | by EurekAlert | News | Comments

(American Thoracic Society) Direct Immunofluorescence Assay (DFA) testing for H1N1 influenza ("swine flu") is unreliable in ICU patients, according to a new study from Stanford University. Multiple methods exist for diagnosing influenza, but data on the utility and accuracy of...

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LungPoint system results presented at American Thoracic Society 2010 International Conference

May 17, 2010 5:36 am | by EurekAlert | News | Comments

(Broncus Technologies) Broncus Technologies Inc., a medical device company focused on developing minimally invasive innovations for lung diseases, announced today at the American Thoracic Society 2010 International Conference the availability of its LungPoint system version 2.1....

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Universal Health buys Psychiatric Solutions

May 17, 2010 4:10 am | by The Associated Press | News | Comments

Universal Health Services Inc. said Monday that it will buy Psychiatric Solutions Inc. for about $2 billion in cash to help strengthen its behavioral services unit and grow its overall business.The companies value the total deal at approximately $3.1 billion, which includes $1.1 billion in...

China Biologic Products Announces First Quarter 2010 Results

May 17, 2010 3:36 am | by Bio-Medicine.Org | News | Comments

TAI'AN, China , May 17 /PRNewswire-Asia-FirstCall/ -- China Biologic Products, Inc. (Nasdaq: CBPO ) ("China Biologic" or the "Company"), one of the leading plasma-based biopharmaceutical companies in the People's Republic of China ("PRC"), operating through its indirect majority-owned...

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Refinancing costs drive big 1Q loss at Accellent

May 17, 2010 1:36 am | by Mass Device | News | Comments

Bid to extend loan maturities past 2013 trims Accellent Inc. bottom line by $5.8 million, overshadowing first sequential growth in revenues for contract manufacturer in two years Accellent_100.jpg Recent efforts to retool long-term debt at Accellent Inc. had the short-term...

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ThromboGenics and BioInvent to Receive EUR10 Million Milestone as Partner Roche Begins New Clinical Study with TB-403

May 17, 2010 1:36 am | by Bio-Medicine.Org | News | Comments

LEUVEN, Belgium and LUND, Sweden , May 17, 2010 /- - Trial to Study Patients with Colorectal and Ovarian Cancer ThromboGenics NV (Euronext Brussels: THR) and BioInvent International AB (OMXS: BINV) announce today...

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Stress link to financial squeeze

May 16, 2010 5:39 pm | by BBC | News | Comments

Work pressures during the recession have caused a big rise in mental health problems, according to the charity MIND.

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