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Stocks start month with big gains

August 2, 2010 6:45 am | by STEPHEN BERNARD - AP Business Writer - Associated Press | News | Comments

Stocks kicked off the new month with a big gain Monday, after strong manufacturing reports around the world and upbeat earnings added to hopes that the global recovery is picking up pace.The Dow Jones industrial average jumped almost 175 points. Broader indexes also rose nearly 2 percent.The...

BD Completes Sales of Ophthalmic Systems Unit and Surgical Blades Product Platform

August 2, 2010 6:38 am | by Bio-Medicine.Org | News | Comments

FRANKLIN LAKES, N.J. , Aug. 2 /- BD (Becton, Dickinson and Company) (NYSE: BDX ), a leading global medical technology company, today announced the completion of the sale of its Ophthalmic Systems unit to RoundTable Healthcare Partners and the sale of its surgical blades product platform...

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FDA Approves Merz Pharmaceuticals' Xeomin® (incobotulinumtoxinA) for the Treatment of Cervical Dystonia and Blepharospasm

August 2, 2010 6:37 am | by Bio-Medicine.Org | News | Comments

GREENSBORO, N.C. , Aug. 2 /- Merz Pharmaceuticals today announced that the United States (U.S.) Food and Drug Administration (FDA) has approved Xeomin ® (incobotulinumtoxinA), a botulinum toxin type A for the treatment of adults with cervical dystonia or blepharospasm. According to...

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OraVerse® Named as One of Dentistry Today's 'Top 100 Products' for Second Year

August 2, 2010 6:34 am | by Bio-Medicine.Org | News | Comments

SAN DIEGO , Aug. 2 /- Novalar Pharmaceuticals, Inc., a specialty pharmaceutical company focused in dental, today announced that OraVerse®, the company's premier pharmaceutical product, has again been selected by leading dental industry magazine Dentistry Today as one of its 'Top 100...

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Cornerstone Therapeutics Announces Collaboration with The Cough Company

August 2, 2010 6:34 am | by Bio-Medicine.Org | News | Comments

CARY, N.C. , Aug. 2 /- 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 the...

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Georgia Tech Awarded a $20M Center for Chemical Innovation

August 2, 2010 6:33 am | by Georgia Tech Institute of Technology | News | Comments

A team of institutions led by Georgia Tech has been awarded $20 million from the National Science Foundation and National Aeronautics and Space Administration to pursue research that could lead to a better understanding of how life started on Earth.

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Ball Screw Has 12-mm Pitch

August 2, 2010 6:30 am | Steinmeyer, Inc. | Product Releases | Comments

Steinmeyer Inc. has added a 28 mm diameter screw with 12 mm pitch to its extensive line of precision ball screws. This new 28-mm diameter product was designed as a size compatible with the JIS standard.

Folding Blade Adapter Measures Only a 15-mm Thickness

August 2, 2010 6:12 am | Product Releases | Comments

Phihong, a global leader in power solutions, has developed a 5-V folding blade adapter that, with a mere 15-mm thickness when the blades are folded, is the thinnest available.

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AC Drives Reduce Hardware Need

August 2, 2010 6:05 am | Product Releases | Comments

Omron Industrial Automation announces the Safety Certification for 3G3MX2 AC Drives, open loop control drives with built-in safety inputs and external device monitoring output...

Vise Has Full 9-Inch Jaw Opening

August 2, 2010 5:57 am | Product Releases | Comments

Featuring a full 9-inch jaw opening, this vise clamps larger parts with repeatable 0.0007 in. accuracy and minimal stationary jaw deflection.

HealthSouth returns to 2Q profit, boosts view

August 2, 2010 5:45 am | by The Associated Press | News | Comments

HealthSouth Corp., which provides inpatient rehabilitation services, said Monday posted a profit for the second quarter compared to a loss a year ago, when a securities litigation settlement dragged down performance.CEO Jay Grinney said the company's latest results were helped by good volume...

Henry Schein 2Q net income rises 15 percent

August 2, 2010 4:45 am | by The Associated Press | News | Comments

Device maker Henry Schein Inc. said Monday its second-quarter profit rose 15 percent on a boost in dental and animal health sales in North America.The company earned $84 million, or 90 cents per share, up from $73.5 million, or 81 cents per share, during the same period a year prior. Revenue...

BioElectronics Expands Clinical Research in Four Key Categories

August 2, 2010 4:45 am | by The Associated Press | News | Comments

BioElectronics (PINKSHEETS: BIEL) filed four applications for grants in order to conduct clinical studies on Diabetic Neuropathic Foot Ulcers, Oral Surgery Pain, Plantar Fasciitis, and Menstrual Pain. Upon completion of the studies, the data will be used for U.S. FDA submissions to gain...

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Lexicon Pharmaceuticals Announces Reacquisition of All Rights to Symphony Icon Programs

August 2, 2010 3:36 am | by Bio-Medicine.Org | News | Comments

THE WOODLANDS, Texas , Aug. 2 /- Lexicon Pharmaceuticals, Inc. (Nasdaq: LXRX ), a biopharmaceutical company focused on discovering and developing breakthrough treatments for human disease, today announced that it has exercised a restructured purchase option under its drug development...

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Humana 2Q net income rises 21 percent on premiums

August 2, 2010 2:45 am | by The Associated Press | News | Comments

Health insurer Humana says its second-quarter net income rose 21 percent on a boost in revenue from premiums and service fees.The Louisville, Ky. company earned $340.1 million, or $2 per share, up from $281.8 million, or $1.67 per share, a year prior. Revenue jumped 9.5 percent to $8.65 billion...

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