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St. Jude Wins Billions in Trade Secrets Case

April 29, 2011 2:34 pm | by U.S. Food & Drug Administration | Comments

The Los Angeles Superior Court has awarded St. Jude Medical $2.3 billion from China-based device company Nervicon and its founder Yongning Zou over stolen trade secrets.

2011 ARVO Award recipients honored at annual meeting

April 29, 2011 1:38 pm | by EurekAlert | Comments

(Association for Research in Vision and Ophthalmology) The Association for Research in Vision and Ophthalmology (ARVO) is pleased to announce its 2011 ARVO Award recipients. These award recipients will be acknowledged at the ARVO 2011 Annual Meeting, May 1-5, in Fort Lauderdale, Fla.

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ResMed 3Q profit rises 9 percent, but shares fall

April 29, 2011 12:45 pm | by The Associated Press | Comments

Respiratory product maker ResMed Inc. said its fiscal third-quarter profit grew 9 percent, but its shares dropped in afternoon trading Friday.ResMed reported its quarterly results after the market closed on Thursday. The company had net income of $53.4 million, or 34 cents per share, up from...

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KPaul Awarded Indiana MBE Status

April 29, 2011 11:38 am | by Bio-Medicine.Org | Comments

INDIANAPOLIS, April 29, 2011 /- KPaul Properties LLC today announced that the State Department of Administration, Minority and Women's Business Enterprise Division, has awarded it the coveted Minority Business Enterprise certification.  The designation comes less than a year after...

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Centocor Ortho Biotech Products, L.P. Voluntarily Withdraws NDA for Trabectedin

April 29, 2011 11:38 am | by Bio-Medicine.Org | Comments

HORSHAM, Pa., April 29, 2011 /- Centocor Ortho Biotech Products, L.P., today announced that it has voluntarily withdrawn the New Drug Application (NDA) for trabectedin for the treatment of women with recurrent ovarian cancer (ROC).  The withdrawal is based on the U.S. Food and Drug...

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FDA CONSUMER HEALTH INFORMATION - How to Dispose of Unused Medicines

April 29, 2011 11:37 am | by Bio-Medicine.Org | Comments

SILVER SPRING, Md., April 29, 2011 /PRNewswire-USNewswire/ -- Don't let expired or unused medicines collect in your home. It's important to dispose of them properly to prevent them from harming others. (Logo:   http://photos.prnewswire.com/prnh/20090824/FDALOGO ) Take part in the...

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PMA Final Decisions for March 2011

April 29, 2011 11:30 am | by U.S. Food & Drug Administration | Comments

These are Premarket Approvals (PMA), Product Development Protocols (PDP), Supplement and Notice Decisions for March 2011.

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Sector Snap: Skilled nursing operators plunge

April 29, 2011 10:45 am | by MARLEY SEAMAN - AP Health Writer - Associated Press | Comments

Shares of nursing facility operators sank Friday after Medicare said it may make steep cuts in its payments to skilled nursing facilities next year.The Centers for Medicare & Medicaid Services makes annual adjustments in its payment rates, and late Thursday, the agency said it is considering...

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Cree announces signing of a global SiC materials license agreement with Nippon Steel Corporation

April 29, 2011 10:36 am | by I-Micronews | Comments

Cree, Inc. (Nasdaq: CREE) announces it has entered into a silicon carbide (SiC) materials license agreement with Nippon Steel Corporation.

Tufts researchers team with Hemera to advance eye treatment

April 29, 2011 10:34 am | by Mass High Tech: The Journal of New England Technology | Comments

A Tufts University School of Medicine study of non-viral gene therapy has shown promise in potentially delaying degenerative eye disorders, leading to a partnership between the researchers and Boston startup Hemera Biosciences Inc.

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Span-America Medical boosts dividend to 11 cents

April 29, 2011 9:45 am | by The Associated Press | Comments

Medical supplies company Span-America Medical Systems Inc. on Friday raised its quarterly cash dividend to 11 cents from 10 cents.Span-America said the dividend is payable June 3 to shareholders of record on May 18. The company last raised its dividend in November 2009.The company reported its...

Mobile compassing gets new push from STMicroelectronics? power- and space-saving geo-magnetic modules

April 29, 2011 9:38 am | by I-Micronews | Comments

STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications and the leading supplier of MEMS (Micro-Electro-Mechanical Systems) for consumer and portable applications, is set to accelerate the deployment of high-precision...

Prexa Pharma raises $3.2M to target ADHD, depression, Parkinson's

April 29, 2011 9:38 am | by Mass High Tech: The Journal of New England Technology | Comments

Prexa Pharmaceuticals Inc., a Boston company focused on improving on treatments for central nervous system disorders, has brought in $3.25 million of a $7 million equity round, according to a filing with the U.S. Securities and Exchange Commission.

Allina Hospitals & Clinics Makes Long Term Commitment to IOD

April 29, 2011 9:37 am | by Bio-Medicine.Org | Comments

GREEN BAY, Wis., April 29, 2011 /- IOD Incorporated, a leading provider of integrated HIM solutions to hospitals, IDNs, healthcare systems and clinics, today announced that it has extended its partnership with Allina Hospitals & Clinics through 2015. IOD Incorporated has provided...

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Diplomat Specialty Pharmacy's Hagerman Named Grant Thornton Leader & Innovator of the Year

April 29, 2011 9:37 am | by Bio-Medicine.Org | Comments

FLINT, Mich., April 29, 2011 /- Phil Hagerman, president and CEO of Diplomat Specialty Pharmacy in Flint, has been named Grant Thornton Leader & Innovator of the Year. The award was announced at Thursday night's reception at Lawrence Technological University, which co-sponsors the...

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