News
The Ensign Group 2Q earnings climb 17 percent
August 9, 2010 10:45 am | by The Associated Press | CommentsThe Ensign Group Inc. said that second-quarter earnings climbed 17 percent and the nursing services company on Monday raised its 2010 net income guidance.The company said it earned $9.6 million, or 46 cents per share, in the three months that ended June 30. That compares to net income of $8.2...
Medical Action posts weak 1Q, shares tumble
August 9, 2010 9:45 am | by The Associated Press | CommentsMedical Action Industries Inc., a medical and surgical products supplier, said its profit plunged 86 percent in its fiscal first quarter due to damage to a warehouse, rising raw material costs and the weak economy's effect on sales.Shares sank to an annual low of $10.45, losing as much as 23...
Competition Bureau Secures Divestitures in Novartis' Acquisition of Alcon
August 9, 2010 8:45 am | by The Associated Press | Commentshttp://www.competitionbureau.gc.ca/ () —The Competition Bureau announced today that it has reached an agreement with Novartis AG to resolve competition issues regarding its proposed acquisition of control of Alcon, Inc.The Bureau concluded that the proposed transaction was likely to result in...
Amedisys 2Q profit slips, and cuts 2010 forecasts
August 9, 2010 7:45 am | by The Associated Press | CommentsHome health provider Amedisys Inc. said Monday its profit fell 8 percent in the second quarter, and it cut its profit and revenue estimates for the year.CEO William Borne said the results did not meet Amedisys' expectations. The company's profit declined to $32.2 million, or $1.13 per share,...
Removing Retrievable Inferior Vena Cava Filters: Initial Communication
August 9, 2010 7:37 am | by U.S. Food & Drug Administration | CommentsIVC filter usage has increased rapidly during the past thirty years. In 1979, 2,000 IVC filters were used, while in 2007, almost 167,000 filters were implanted, and the market for IVC filters is only expected to increase, with an estimated 259,000 IVC...
Safety Investigation of Suspected Counterfeit Combat Application Tourniquets (C-A-T & #xae;): Initial Communication
August 9, 2010 7:37 am | by U.S. Food & Drug Administration | CommentsFDA has become aware of suspected counterfeit C-A-T ® tourniquets. The suspected counterfeit tourniquets have subtle differences in stitching, printing of the logo and molding of plastic parts. They may be packaged and labeled for a distributor other than
UK pharma launches HQ in Fall River
August 9, 2010 7:36 am | by Mass High Tech: The Journal of New England Technology | CommentsRTS Life Science, a U.K.-based pharmaceutical and biotechnology services company, has established its U.S. headquarters in Fall River, after acquiring a local firm there.
Inferior Vena Cava (IVC) Filters: Initial Communication: Risk of Adverse Events with Long Term Use
August 9, 2010 7:30 am | by U.S. Food & Drug Administration | CommentsKnown long term risks associated with IVC filters include lower limb deep vein thrombosis, filter fracture, filter migration, filter embolization and IVC perforation.
USDA gives $3M to 4 rural Indiana phone companies
August 9, 2010 6:45 am | by The Associated Press | CommentsFour rural Indiana telephone companies will get a total of more than $3 million in federal stimulus funding to provide DSL broadband service to their service areas.The U.S. Department of Agriculture says the grants will bring the high-speed Internet service to about 2,500 homes and about 80...
MedNetworks raises $5M
August 9, 2010 6:38 am | by Mass High Tech: The Journal of New England Technology | CommentsMedNetworks Inc., a social networking-focused technology firm for doctors and patients, has launched today, taking in $5 million in its first funding round from Excel Venture Management.
Ford Blue Oval Scholarships Awarded at 3rd Annual Future Founders Academy — Winning High School Students Honored by Mayor Daley and City Council
August 9, 2010 6:37 am | by Society of Manufacturing Engineers | CommentsCHICAGO, ILL, DEARBORN, Mich., July 28, 2010 — Twenty-five students from eight Chicago Public High Schools were immersed in entrepreneurship at the 2010 Future Founders Academy as they competed in a weeklong interactive summer business camp hosted by the Chicagoland Entrepreneurial...
Revivexxx Extra Strength: Recall - Undeclared Drug Ingredient
August 9, 2010 5:42 am | by U.S. Food & Drug Administration | CommentsProduct marketed as a dietary supplement sexual enhancer for men contains undeclared tadalafil, which may interact with nitrates found in some prescription drugs such as nitroglycerin and may lower blood pressure to dangerous levels.
Solo Slim, Solo Slim Extra Strength: Recall - Undeclared Drug Ingredient
August 9, 2010 5:42 am | by U.S. Food & Drug Administration | CommentsProduct contains undeclared didesmethyl sibutramine, which may present a significant risk for patients with a history of coronary artery disease, congestive heart failure, arrhythmias or stroke.
Sleep tech firm Zeo wakes up to $1M debt funding
August 9, 2010 5:40 am | by Mass High Tech: The Journal of New England Technology | CommentsSleep technology company Zeo Inc. of Newton, originally called Axon Labs, has raised $1 million of a planned $1.5 million round of new debt funding.
Public Workshop - Optimizing Clinical Trial Design for the Development of Pediatric Cardiovascular Devices, September 30th, 2010
August 9, 2010 5:30 am | by U.S. Food & Drug Administration | CommentsRarely have devices been developed, evaluated and approved specifically for treatment of children with congenital heart disease. The small, heterogeneous population, need for long-term follow-up, lack of market incentive, and misperceptions of...
