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Medical Device Maker Marks 50 Years

July 2, 2013 8:47 am | by Rick Seltzer, The Herald-Times, Associated Press | Comments

For leaders of companies looking back on 50 years of existence, Cook Group President Kem Hawkins and Chairman Steve Ferguson spend a lot of time talking about the future. "I think everybody understands here that new products and new treatments for patients are the key to our success," Ferguson told The Herald-Times. "And longevity."

Guided Therapeutics and I.T.E.M. Medical Technologies Group Announce Turkish Ministry of Health Sponsored Cervical Cancer Prevention Program Involving the LuViva® Advanced Cervical Scan

July 2, 2013 8:29 am | by Business Wire | Comments

NORCROSS, Ga. & ANKARA, Turkey--(BUSINESS WIRE)--Jul 2, 2013--First graph, second sentence should read: The program for 2013 and 2014, to be funded by Turkey’s Ministry of Health (sted The program for 2013 and 2104). The corrected release reads: GUIDED THERAPEUTICS AND...

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Strong Economic Growth And Increasing Investment In Public Health Care In Brazil Will Drive Diagnostic Imaging System Market Expansion

July 2, 2013 8:00 am | by The Associated Press | Comments

According to Millennium Research Group (MRG), the global authority on medical technology market intelligence, the Brazilian market for diagnostic imaging systems is poised for strong expansion through 2021 as a result of increased government investment in health care and the subsequent...

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Dallen Medical Initiates “First-in-Man” Clinical Study of its Compressyn™ Band Sternal Closure Device

July 2, 2013 8:00 am | by Business Wire | Comments

Dallen Medical, an emerging medical device company, announced today that the first three patients have been treated using its proprietary Compressyn™ Band sternal closure device. The first Compressyn device used for stabilization and rigid fixation following open heart procedures was performed by Dr. Joseph Wilson of Eisenhower Medical Center.

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VIZZIA Technologies Deploys CenTrak's Clinical-Grade Real-Time Location SystemT (RTLS) to transform the patient experience at Florida Cancer Specialists

July 2, 2013 7:00 am | by The Associated Press | Comments

VIZZIA Technologies, a leading provider of process and technology solutions, announced today that its clinical workflow optimization solution was recently installed at Florida Cancer Specialists & Research Institute's (FCS) Tampa Cancer Center location. The newly constructed 35,990 square...

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University Hospitals Case Medical Center and Case Western Reserve University Announce Licensing Agreement for the Development of Diagnostic Tests for HIV Drug Resistance

July 2, 2013 6:00 am | by The Associated Press | Comments

Case Western Reserve University has signed an exclusive worldwide licensing agreement granting University Hospitals (UH) Case Medical Center rights to a series of diagnostic tests to determine drug resistance and co-receptor tropism in human immunodeficiency virus (HIV). The phenotypic and...

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Startup Uses Novel Materials Based on Plasmonic Effects

July 2, 2013 12:00 am | by Massachusetts Institute of Technology | Comments

An early-stage company aims to commercialize new optical materials for denser data storage and better cancer treatments.A startup focused on developing novel optical materials received $1 million in first-round funding last month from the venture capital firm Quantum Wave Fund to advance its early-stage technology.

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ZOLL Announces Acquisition of the Assets of CoAxia

July 1, 2013 11:19 am | by Business Wire | Comments

ZOLL Medical Corporation has purchased the assets of CoAxia, an early revenue stage medical device company that provides catheter-based perfusion augmentation therapies to improve outcomes for patients with cerebral ischemia resulting from vasospasm, following subarachnoid hemorrhage.

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Can Silver Promote Bacteria on Medical Devices?

July 1, 2013 10:04 am | by National Institute for Materials Science | Comments

Biomaterials are increasingly replacing human organs and tissues and silver is added to reduce the adhesion of bacteria to biomaterials and prevent infections. However, a recent study by researchers in Portugal suggests that – in one material – increasing levels of silver may indirectly promote bacterial adhesion.

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Can Watching an Avatar Translate to Real-Life Weight Loss?

July 1, 2013 9:50 am | by George Washington University School of Public Health & Health Services | Comments

An estimated two-thirds of all Americans are overweight or obese and many find it difficult to lose weight and keep it off. They've tried fad diets, exercise programs, diet pills and other methods but the battle continues. Now, a new study suggests that watching an avatar model weight-loss behavior in a virtual community might help some women shed pounds in the real world.

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DNA in Blood May Help Detection of Artery Disease

July 1, 2013 9:41 am | by American Heart Association | Comments

DNA fragments in your blood may someday help doctors quickly learn if chest pain means you have narrowed heart arteries, according to a new study published in the American Heart Association journal Arteriosclerosis, Thrombosis, and Vascular Biology.

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Thoratec Acquires DuraHeart® II Ventricular Assist System

July 1, 2013 8:30 am | by PR Newswire | Comments

Thoratec has acquired the DuraHeart II ventricular assist system from Terumo Corporation for an upfront cash payment of $13 million and potential future milestone payments, based on regulatory approvals and product sales, of up to $43.5 million. 

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Covidien Completes Separation of Pharmaceuticals Business

July 1, 2013 7:00 am | by Business Wire | Comments

Covidien, a leading global provider of healthcare products, today announced it has completed the separation of its Pharmaceuticals business, which is now held by Mallinckrodt plc, a new independent company. Mallinckrodt will begin “regular way” trading on the New York Stock Exchange today under the symbol "MNK."

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Veracyte Completes $28 Million Series C Financing Round With GE Ventures as a New Investor

June 28, 2013 2:45 pm | by PR Newswire | Comments

Veracyte, Inc., a molecular diagnostics company in the field of molecular cytology, today announced the completion of the final tranche of its $28 million Series C financing. The financing included GE Ventures as a new investor, as well as existing investors Domain Associates, Kleiner Perkins Caufield & Byers, TPG Biotech, and Versant Ventures.

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Poland - a New Player in Medical Tourism Sector

June 28, 2013 9:00 am | by PR Newswire | Comments

Is it possible, that in 2-3 years Brits, Germans, Scandinavians, and Russians will undergo cancer treatment, orthopaedic, or cardiac surgery procedures in Polish medical facilities more often? Treat teeth and get implants in dental clinics; take a cure in Polish sanatoriums?

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