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European growth hopes lift stocks

July 22, 2010 5:45 am | by PAN PYLAS - AP Business Writer - Associated Press | News | Comments

World stock markets brushed aside a downbeat assessment of the U.S. outlook from Federal Reserve chairman Ben Bernanke and posted solid gains Thursday on the back of strong economic and corporate news.In Europe, the FTSE 100 index of leading British shares was up 50.76 points, or 1 percent, at...

3M raises full-year forecast after 2Q profit jumps

July 22, 2010 4:45 am | by JOSHUA FREED - AP Business Writer - Associated Press | News | Comments

3M Co., which makes everything from Post-its to films for flat-screen TVs, said it's optimistic about the pace of the global economic recovery and raised its full-year outlook on Thursday, while reporting stronger second-quarter profit.3M is considered an economic bellwether because of its...

Intuitive Surgical 2Q net income rises 42 percent

July 21, 2010 2:45 pm | by The Associated Press | News | Comments

Intuitive Surgical Inc. on Wednesday said its second-quarter net income rose 42 percent on better sales of its minimally invasive surgical platform, da Vinci.Net income increased to $88.7 million, or $2.19 per share, from $62.4 million, or $1.62 per share, in the same period a year earlier....

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Students design early labor detector to prevent premature births

July 21, 2010 2:33 pm | by EurekAlert | News | Comments

(Johns Hopkins University) A team of graduate students and their faculty adviser have invented a system to pick up very early signs that a woman is going into labor too soon.

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Edwards Lifesciences 2Q net income rose 21 percent

July 21, 2010 1:45 pm | by The Associated Press | News | Comments

Heart device maker Edwards Lifesciences Corp. said Wednesday its second-quarter net income rose 21 percent as it sold more heart valves at better profit margins.Edwards said it had net income of $57.5 million, or 48 cents per share, up from $47.5 million, or 41 cents per share, a year earlier....

Affymetrix reports 2Q loss on revenue dip

July 21, 2010 1:45 pm | by The Associated Press | News | Comments

Affymetrix Inc., which makes genetic testing technology, on Wednesday reported a second-quarter loss on as it booked fewer gains and product sales and services revenue both declined.The company posted a loss of $5.5 million, or 8 cents per share, compared with net income of $7.3 million, or 11...

How to Avoid Costly Mistakes in Scaled Manufacturing

July 21, 2010 12:30 pm | by Lianne Coppinger | Articles | Comments

What is scaled manufacturing? Scaled manufacturing takes a medical device idea or concept from prototype to production in quantities required to meet customer demand with absolute consistency and reliability. Because of the competitive advantage scaled manufacturing offers, product designers can expand or retract supply with minimal effort, cost, or infrastructure—creating an efficient response to unpredictable industry and customer demands.

Electroactive Polymer Based Cardiac Ablation Catheters For Greater Flexibility

July 21, 2010 12:15 pm | by Strategic Polymer Sciences | Articles | Comments

Mapping/ablation catheters are used to treat atrial fibrillation. Current mechanical catheters can be difficult and time consuming to operate and hinder reproducible and consistent ablation. This article describes new electroactive polymer (EAP) technology that provides the basis for the development of electronically controlled steerable actuators. The EAP technology will enable standard catheter platforms to incorporate advanced micro-steerability, reduced procedure times and advanced automation capabilities. The innovative electrically steered catheters will benefit millions of Americans who are suffering from atrial fibrillation.

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RF Technologies® Announces Version 7 Software for Safe Place® Security Solutions

July 21, 2010 11:33 am | by Bio-Medicine.Org | News | Comments

BROOKFIELD, Wis. , July 21 /- RF Technologies®, a leading provider of radio frequency identification monitoring systems and healthcare security solutions, is announcing the release of Version 7 software for use with Safe Place® Infant and Pediatric Security Solutions. The...

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SynDevRx stacks Series A round up to $1.2M

July 21, 2010 11:32 am | by Mass High Tech: The Journal of New England Technology | News | Comments

SynDevRx Inc., an anti-angiogenesis startup based in Cambridge, has added approximately $725,000 in funding to its previous tranche of what appears to be a Series A round, bringing the total raised to $1.24 million.

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Zargis Awarded U.S. Army Contract

July 21, 2010 11:32 am | by Bio-Medicine.Org | News | Comments

STAMFORD, Conn. , July 21 /- Zargis Medical Corp., a majority-owned subsidiary of Speedus Corp. (Nasdaq: SPDE ), today announced that it received a contract from the U.S. Army to develop an investigational device based on the success of the Signal-X6™ telemedicine systems recently...

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Improving Patient Safety: Automating Specimen Collection and Transfusion Management Reduces Errors

July 21, 2010 10:36 am | by Kelly Feist | Articles | Comments

Diagnostic laboratories have an important role to play in ensuring patient safety. The chance for human errors and omissions is high in specimen collection, testing, and blood transfusions because these processes have so many manual steps. Automating specimen collection and transfusion management can create closed loop systems that virtually eliminate errors in labeling of specimens, incorrect patient draws, and incorrect transfusions.

SurgiVision slashes price of planned IPO

July 21, 2010 9:45 am | by The Associated Press | News | Comments

Medical device maker SurgiVision Inc. slashed the price of its expected initial public offering on Wednesday.The company, which makes devices designed to help physicians see inside a patient's body using MRI technology, plans to offer 2.5 million shares for $9 to $11 apiece for expected...

SemBiosys expands into Cambridge

July 21, 2010 9:34 am | by Mass High Tech: The Journal of New England Technology | News | Comments

SemBioSys Genetics Inc., a Calgary, Alberta, based developer of biosimilar drug candidates, proteins and oils, reports that it is opening a Cambridge office, and hiring a president of U.S. and international operations.

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China Yongxin Pharmaceuticals Inc. Announces the Expansion of Its Chain of Retail Stores to 110 Stores

July 21, 2010 8:33 am | by Bio-Medicine.Org | News | Comments

CHANGCHUN, China and LOS ANGELES , July 21 /PRNewswire-Asia/ -- China Yongxin Pharmaceuticals Inc. (OTC Bulletin Board: CYXN) ("China Yongxin" or the "Company"), one of the leading health products distribution and retail sales companies in China , today announced the opening of seven new...

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