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EU Patent System Moves Forward But Still Facing Difficulties

February 25, 2011 1:32 pm | by U.S. Food & Drug Administration | Comments

With the European Parliament’s consent for enhanced cooperation, a common EU patent system may become a reality.

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Medtronic Is Cutting Staff, Selling Unit, in & #8216;Soft & #8217; Times

February 25, 2011 1:31 pm | by U.S. Food & Drug Administration | Comments

Medtronic is eliminating up to 2,000 positions during the third quarter as part of a major restructuring it blames on softer markets.

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Fitch lowers outlook on Quest Diagnostics

February 25, 2011 12:45 pm | by The Associated Press | Comments

Fitch Ratings said Friday it is lowering its outlook on Quest Diagnostics Inc., citing the medical lab operator's upcoming purchase of a diagnostics business and other spending.The firm now has a negative outlook on Quest's credit, meaning a downgrade of its rating is more likely than an...

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Aetna chairman to retire on April 8

February 25, 2011 10:45 am | by The Associated Press | Comments

Managed care company Aetna Inc. said Friday that Chairman Ronald A. Williams plans to retire on April 8, a move first announced in October.President and CEO Mark T. Bertolini will succeed Williams. Bertolini, 54, already assumed the chief executive position previously held by Williams in...

Sunrise Senior Living 4Q profit rises

February 25, 2011 9:45 am | by The Associated Press | Comments

Sunrise Senior Living Inc. said Friday its fourth-quarter profit surged on a mix of lower costs and gains from a real-estate sale.The real estate investment trust runs senior living communities in the U.S., Canada, and the United Kingdom. The company has been restructuring over the last year...

ACT awarded patent for stem cell generation technique

February 25, 2011 9:36 am | by Mass High Tech: The Journal of New England Technology | Comments

Advanced Cell Technology Inc. has been given a patent for its nondestructive "single-blastomere" technique of obtaining human embryonic stem cell lines.

The Scripps Research Institute Names Michael A. Marletta as President

February 25, 2011 9:35 am | by Bio-Medicine.Org | Comments

LA JOLLA, Calif., Feb. 25, 2011 /- Renowned biochemist Michael A. Marletta, PhD, has been named by the Board of Trustees today as the next president of The Scripps Research Institute, effective January 1, 2012. He will succeed President Richard A. Lerner, MD, who has led the institution...

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Medtronic buys gel technology for sinus treatment

February 25, 2011 8:46 am | by The Associated Press | Comments

Medical device maker Medtronic Inc. said Friday it purchased a gel technology that could be used to control bleeding and speed up healing in surgical procedures that treat sinus conditions.Medtronic said the gel is a polymer produced from the chitin of shellfish and squid. Chitin is found in...

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Harvard Bioscience 4Q profit falls on costs

February 25, 2011 8:45 am | by The Associated Press | Comments

Medical instruments maker Harvard Bioscience Inc. on Friday reported a dip in fourth-quarter net income despite higher revenues as its costs rose.The company earned $2.2 million, or 8 cents per share, down from profit of $3.8 million, or 12 cents per share, during the same period a year prior....

Community Health 4Q profit climbs nearly 7 percent

February 25, 2011 7:45 am | by The Associated Press | Comments

Shares of Community Health Systems Inc. jumped Friday, a day after the hospital operator said its fourth-quarter earnings grew nearly 7 percent, as revenue rose even though admissions at hospitals the company operated for at least a year fell.The Franklin company earned $69.5 million, or 76...

Viral infection not responsible for exacerbation of lung disease in most patients

February 25, 2011 7:39 am | by EurekAlert | Comments

(American Thoracic Society) Acute viral infection does not appear to be a primary cause of acute exacerbation of idiopathic pulmonary fibrosis, a progressive, deadly disease resulting in thickening and scarring of the lungs, according to a study conducted by researchers from the...

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New way to identify patients at risk of dysphagia after head and neck cancer treatment

February 25, 2011 7:39 am | by EurekAlert | Comments

(European Society for Medical Oncology) At the 3rd International Conference on innovative approaches in Head and Neck Oncology, Dr. Hanna Rahbek Mortensen and colleagues at hospitals and institutes in Denmark presented results from a large prospective trial, the DAHANCA 6 & 7...

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Little historical evidence to support cutting global health aid during recessions

February 25, 2011 7:39 am | by EurekAlert | Comments

(Harvard School of Public Health) According to a new study from the Harvard School of Public Health, there is surprisingly little historical evidence to justify reversing global financial aid commitments.

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ERT to Present at the Citi 2011 Global Health Care Conference on March 2, 2011

February 25, 2011 7:34 am | by Bio-Medicine.Org | Comments

PHILADELPHIA, Feb. 25, 2011 /- ERT (Nasdaq: ERES ), announced today that Dr. Joel Morganroth, the Company's Chairman and CEO, and Keith Schneck, the Company's Chief Financial Officer, are scheduled to present at the Citi 2011 Global Health Care Conference at 10:00 AM ET on March 2,...

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Seniors in Florida Report Problems Obtaining Needed Home Medical Equipment and Services Under Controversial Medicare Bidding System

February 25, 2011 7:34 am | by Bio-Medicine.Org | Comments

ORLANDO, Fla., Feb. 25, 2011 /PRNewswire-USNewswire/ -- Medicare beneficiaries are reporting problems receiving required home medical equipment and services in the wake of the January 1, 2011 implementation of Medicare's controversial "competitive" bidding program in Miami and Orlando,...

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