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Tax incentives bring jobs, refunds to Mass. life sciences firms

February 15, 2011 7:36 pm | by Mass High Tech: The Journal of New England Technology | Comments

The notion of providing incentives directly to companies has come under fire from some corners in Massachusetts. But officials at the Massachusetts Life Sciences Center point to examples as proof that a system of directly supporting companies has real value for economic development in the state.

Wireless Heart Implant Reduces Hospitalizations

February 15, 2011 7:34 pm | by Massachusetts Institute of Technology | Comments

A pressure-sensing implant helps heart-failure patients stay healthy.

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Calorie labeling has no effect on teenagers' or parents' food purchases

February 15, 2011 4:37 pm | by EurekAlert | Comments

(NYU Langone Medical Center / New York University School of Medicine) A new study led by an NYU School of Medicine investigator and published in the Feb. 15, 2011, advance online publication of the International Journal of Obesity, challenges the idea that calorie labeling has an...

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Losing hair at 20 is linked to increased risk of prostate cancer in later life

February 15, 2011 4:37 pm | by EurekAlert | Comments

(European Society for Medical Oncology) Men who start to lose hair at the age of 20 are more likely to develop prostate cancer in later life and might benefit from screening for the disease, according to a new study published online in the cancer journal, Annals of Oncology.

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Boston Scientific Acquires Two Novel Technologies to Treat Peripheral Chronic Total Occlusions

February 15, 2011 12:32 pm | by Boston Scientific | Comments

New products expand treatment options for healthcare providers

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GeoResources, Prospect Capital to join S & P index

February 15, 2011 11:45 am | by The Associated Press | Comments

GeoResources Inc. and Prospect Capital Corp. will be added to the S&P SmallCap 600 index, according to Standard & Poor's, sending shares of both companies higher Tuesday.S&P announced the planned index changes following Monday's close of trading. Stocks that are about to be added to indexes...

Cynosure narrows 4Q loss, as revenue climbs 16 pct

February 15, 2011 10:45 am | by The Associated Press | Comments

Cynosure Inc., the cosmetic treatment equipment maker, reported a smaller loss for the fourth quarter on Tuesday, helped by growing revenue and a drop in operating expenses. Its shares rose 15 percent in afternoon trading.The Westford, Mass., company makes aesthetic treatment systems used to...

Compugen 4Q loss remains steady

February 15, 2011 10:45 am | by The Associated Press | Comments

Israeli drug developer Compugen Ltd. said Tuesday its fourth-quarter loss remained at $2 million even as spending increased.The company said it lost 6 cents per share, compare with a loss of $2 million, or 7 cents per share, during the same period a year prior. Compugen had about 4.7 million...

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Genus Oncology, LLC Announces Initiation of Phase I Trial of GO-203-2c in Patients With Solid Tumors

February 15, 2011 10:34 am | by Bio-Medicine.Org | Comments

VERNON HILLS, Ill., Feb. 15, 2011 /- Genus Oncology, LLC, a clinical-stage company focused on commercializing novel drugs for treatment of cancer, announced it has successfully filed an Investigational New Drug (IND) application with the US Food & Drug Administration (FDA) and has...

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Mobile MIM, First FDA-Cleared Diagnostic Medical Imaging App, Now Available on the U.S. App Store

February 15, 2011 10:33 am | by Bio-Medicine.Org | Comments

CLEVELAND, Feb. 15, 2011 /- MIM Software Inc., a leading global provider of medical imaging software, announced today that Mobile MIM™ is available on the U.S. App Store. This news follows the FDA's announcement on February 4 that the app had received 510(k) clearance for remote...

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Alkermes says constipation drug met goal in study

February 15, 2011 9:45 am | by The Associated Press | Comments

Alkermes Inc. said Tuesday that a clinical trial shows one of its drug candidates can relieve constipation caused by use of opioid pain medications without reducing the effectiveness of the pain drugs.Alkermes said the two largest doses of its drug, which is designated ALKS 37, were both...

VisionScope stealthily lands $6.3M financing

February 15, 2011 9:37 am | by Mass High Tech: The Journal of New England Technology | Comments

Stealthy medical device firm VisionScope Technologies LLC has raised $6.3 million in an equity offering, according to a regulatory filing.

AIKO Biotechnology steps back to reformulate, seek financing

February 15, 2011 9:37 am | by Mass High Tech: The Journal of New England Technology | Comments

AIKO Biotechnology Inc., a Portland, Maine, company focused on drug candidates to relieve the side effects from long-term prescription opioid pain reliever use, is taking a step back to reformulate its lead compound from an injectable into a pill.

Boston Scientific endowment recognizes Baim

February 15, 2011 7:33 am | by Mass High Tech: The Journal of New England Technology | Comments

Boston Scientific Corp. said today that it has established a $1.7 million endowment for a scholarship fund at the Yale University School of Medicine in honor of the Boston Scientific chief medical and science officer Donald S. Baim, who died unexpectedly in 2009.

BIO study shows drug approval success rate slips

February 15, 2011 7:32 am | by Mass High Tech: The Journal of New England Technology | Comments

The Biotechnology Industry Organization (BIO) released a study Monday that shows a significant drop in the ratio of drugs moving through clinical studies and gaining U.S. Food and Drug Administration approval.

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