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FDA Looks to Improve Design and Cleaning Instructions for Reusable Medical Devices

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

SILVER SPRING, Md., April 29, 2011 /PRNewswire-USNewswire/ -- The U.S. Food and Drug Administration today announced steps to help reduce the risk of exposure to improperly reprocessed devices that can lead to the transmission of disease. (Logo:...

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Amerigroup 1Q profit jumps 67 percent on premiums

April 29, 2011 8:45 am | by The Associated Press | Comments

Heath insurer Amerigroup Corp. said Friday that its first-quarter net income rose 67 percent on a boost in premium revenue.Net income rose to $70.5 million, or $1.37 per share, in the three months ended March 31, from $42.2 million, or 82 cents per share, in the year-ago period.Revenue rose...

Cerner hits all-time high on strong 1Q results

April 29, 2011 8:45 am | by The Associated Press | Comments

Shares of Cerner Corp. jumped Friday after the electronic medical records company posted strong first-quarter results and increased contract bookings, and raised its expectations for the full year.THE SPARK: Cerner provides electronic medical record systems and revenue management software for...

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Public Workshop - Reprocessing of Reusable Medical Devices, June 8-9, 2011

April 29, 2011 8:30 am | by U.S. Food & Drug Administration | Comments

The FDA is announcing a public workshop to discuss factors affecting the quality of reprocessing of reusable medical devices, and FDA?s plans to address the identified issues. This workshop is part of an ongoing FDA effort to address patient exposure to..

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Information on Reprocessing of Reusable Medical Devices

April 29, 2011 8:30 am | by U.S. Food & Drug Administration | Comments

Reusable medical devices are devices that health care providers can reuse to diagnose and treat multiple patients. Examples of reusable medical devices include surgical forceps, endoscopes and stethoscopes.

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Coventry Health Care 1Q profit climbs 13 percent

April 29, 2011 7:45 am | by The Associated Press | Comments

Health insurer Coventry Health Care Inc. said Friday its first-quarter profit climbed 13 percent, as premiums increased along with commercial fully insured enrollment, and the company raised its 2011 earnings forecast.But analysts, on average, already expected earnings for the year to be at the...

Oncothyreon offering 10M shares at discount

April 29, 2011 7:45 am | by The Associated Press | Comments

Biotechnology company Oncothyreon Inc. said Friday it is publicly offering 10 million common shares at a 19 percent discount to its latest closing price.The company said it is offering the shares at $4 apiece. The stock closed at $4.94 on Thursday and fell 40 cents, or 8.1 percent, to $4.54 by...

UBM Canon and Medical Design Excellence Awards (MDEA) Announce Winner of Lifetime Achievement Award

April 29, 2011 7:33 am | by Bio-Medicine.Org | Comments

LOS ANGELES, April 29, 2011 /- UBM Canon's Medical Design Excellence Awards has announced the winner of the Medical Design Excellence Awards (MDEA) Lifetime Achievement Award .  This award honors an individual whose contributions during a long career have had a demonstrable impact on...

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Evaluation of Automatic Class III Designation (De Novo) Decision Summaries (Added K101699)

April 29, 2011 7:30 am | by U.S. Food & Drug Administration | Comments

The Food and Drug Administration Modernization Act of 1997 (FDAMA) added the "De Novo" classification option as an alternate pathway to classify certain new devices that had automatically been placed in Class III due to lack of a predicate.

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Synthetic bio startup Gen9 pulls in almost $2M financing

April 29, 2011 6:38 am | by Mass High Tech: The Journal of New England Technology | Comments

Stealthy synthetic biology startup Gen9 Inc. has bumped up a previously disclosed financing, taking in $1.96 million of a planned $2.5 million debt offering, according to an amended regulatory filing.

Magellan Health 1Q profit rises on lower costs

April 29, 2011 5:45 am | by The Associated Press | Comments

Health care outsourcing company Magellan Health Services Inc. said Friday that its first-quarter profit rose 35 percent as lower costs offset a decline in revenue. It also boosted its outlook for the year.Magellan said its net income rose to $34.3 million, or $1.02 per share, for the three...

DelfMEMS successfully delivered custom RF MEMS samples to NTT DOCOMO

April 29, 2011 5:38 am | by I-Micronews | Comments

DelfMEMS, a rising player in the RF MEMS field, reports today it has successfully delivered custom samples to NTT DOCOMO INC.

GT Solar gets order for sapphire growth systems from new entrant into LED-related material market

April 29, 2011 5:38 am | by I-Micronews | Comments

GT Solar International, Inc., a provider of sapphire crystalline growth systems and materials for the solar, LED and other specialty markets, reports that that it has received an order for its sapphire crystallization furnaces totaling $218.9 million from Guizhou Haotian Optoelectronics...

Zimmer Introduces New Generation of the Wallis® Dynamic Stabilization System

April 29, 2011 5:37 am | by Bio-Medicine.Org | Comments

WARSAW, Ind., April 29, 2011 /- Zimmer Holdings, Inc. (NYSE and SIX: ZMH), a global leader in musculoskeletal care, today announced the launch of the next generation of its Wallis® Posterior Dynamic Stabilization System, the UniWallis ™ System, in Europe and Asia Pacific....

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Pearl Therapeutics to Present Complete PT003 Results from Phase 2b COPD Study in a Late-Breaker Session at the American Thoracic Society Annual Meeting

April 29, 2011 5:37 am | by Bio-Medicine.Org | Comments

REDWOOD CITY, Calif., April 29, 2011 /- Pearl Therapeutics Inc. announced today that complete results from the Company's Phase 2b study of PT003 in patients with moderate-to-very severe COPD will be presented during a late-breaker poster session at the upcoming annual meeting of the...

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