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ABB to acquire Baldor Electric company

December 6, 2010 10:39 pm | by I-Micronews | Comments

ABB and Baldor Electric Company have agreed that ABB will acquire Baldor in an all-cash transaction valued at approximately $4.2 billion, including $1.1 billion of net debt.

CenterPoint energy selects ABB for intelligent grid automation deployment

December 6, 2010 10:39 pm | by I-Micronews | Comments

CenterPoint Energy Houston Electric, LLC, a subsidiary of CenterPoint Energy, Inc. announced today that it has selected ABB, a leading power and automation technology company, for the electric company?s intelligent grid Advanced Distribution Management System (ADMS).

New UCLA study raises questions about genetic testing of newborns

December 6, 2010 10:34 pm | by EurekAlert | Comments

(American Sociological Association) Mandatory genetic screening of newborns for rare diseases is creating unexpected upheaval for families whose infants test positive for risk factors but show no immediate signs of the diseases, a new UCLA study warns.

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Influenza virus strains show increasing drug resistance and ability to spread

December 6, 2010 10:34 pm | by EurekAlert | Comments

(Infectious Diseases Society of America) Two new studies raise public health concerns about increasing antiviral resistance among certain influenza viruses, their ability to spread, and a lack of alternative antiviral treatment options. The findings are published in the Jan. 1 issue of...

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Abiomed ends study using Impella heart device

December 6, 2010 2:45 pm | by The Associated Press | Comments

Abiomed Inc. said Monday it is ending a study using its Impella heart product because the results will likely fall short of the main goal of reducing major adverse events related to surgery.The company said it based the move on a recommendation from an independent monitoring board.The Impella...

American Medical Response parent buys Calif. firm

December 6, 2010 1:46 pm | by The Associated Press | Comments

GREENWOOD VILLAGE, Colo. (AP) — The parent of national medical transport company American Medical Response said Monday it will buy Doctor's Ambulance Service, which holds emergency-service contracts in Orange County, Calif.AMR's parent, Emergency Medical Services Corp., did not disclose the terms...

Geron plans to sell more stock; shares slip

December 6, 2010 12:45 pm | by The Associated Press | Comments

Geron Corp., which develops treatments for cancer and other diseases, said Monday it plans to sell an undisclosed amount of stock to the public.The shares fell sharply in extended trading.Geron said the plan was subject to market conditions and it couldn't guarantee the size or terms of the...

Cephalon CEO on indefinite medical leave

December 6, 2010 12:45 pm | by The Associated Press | Comments

Biotechnology company Cephalon Inc. said Monday that Chairman and CEO Frank Baldino Jr. will not be resuming his duties at the company in 2010 and will remain on a medical leave of absence indefinitely.In August, the company said Baldino took a medical leave, but did not provide additional...

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DFG establishes 10 new research training groups

December 6, 2010 11:34 am | by EurekAlert | Comments

(Deutsche Forschungsgemeinschaft) In order to further strengthen the position of early career researchers in Germany, the Deutsche Forschungsgemeinschaft is establishing 10 new research training groups. This decision has just been taken by the relevant DFG grants committee in Bonn.

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JCI online early table of contents: Dec. 6, 2010

December 6, 2010 10:36 am | by EurekAlert | Comments

(Journal of Clinical Investigation) This release contains summaries, links to PDFs, and contact information for the following newsworthy papers to be published online, Dec. 6, 2010, in the JCI: "Alpha-2 integrin: a protein predictor of tumor spread?;" "A DEDD cert to support embryo...

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NaviNet buys mobile health IT firm Prematics

December 6, 2010 10:35 am | by Mass High Tech: The Journal of New England Technology | Comments

Health information technology firm NaviNet has bought Prematics Inc, a provider of mobile health IT solutions for doctors. Cambridge-based NaviNet said the acquisition of Virginia-based Prematics would enable the company to extend its services to physicians using handheld devices.

Researchers create new high-performance fiber

December 6, 2010 10:35 am | by I-Micronews | Comments

Researchers at Northwestern University have nanoengineered a new kind of fiber that could be tougher than Kevlar.

Ventas wraps $186M deal for senior housing assets

December 6, 2010 8:45 am | by The Associated Press | Comments

Real estate investment trust Ventas Inc. said Monday it has completed a $186 million buyout of 58 senior housing communities from affiliates of Sunrise Senior Living Inc.Ventas initially had between 15 percent and 25 percent ownership in the communities. The deal gives Ventas full ownership in...

A DEDD cert to support embryo development

December 6, 2010 8:36 am | by EurekAlert | Comments

(Journal of Clinical Investigation) Before the placenta is established, a structure that is key to supporting embryonic development forms in the uterus. Defective formation of this structure is thought to be a cause of female infertility. Researchers have now determined that the...

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Health care reform still divisive

December 6, 2010 8:35 am | by Mass High Tech: The Journal of New England Technology | Comments

While 40 percent of Americans want to repeal all or most of last year's health care reform bill, 31 percent want all or most of the reforms. In a Harris Interactive Poll conducted in partnership with Norwalk, Conn.-based HealthDay, the results indicate that people across the nation remain...

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