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Myriad signs licensing deal for cancer tests

May 10, 2011 7:45 am | by The Associated Press | Comments

Molecular diagnostics company Myriad Genetics Inc. said Tuesday that it signed a deal to license technology for the early detection of cancer from Chronix Biomedical.Terms of the deal were not disclosed.Myriad, based in Salt Lake City, said it receives rights to sell tests for the early...

Micromet 1Q loss narrows on warrant gain

May 10, 2011 7:45 am | by The Associated Press | Comments

Cancer drug developer Micromet Inc. said Tuesday its first-quarter loss narrowed on a boost from the value of warrants.The company reported a net loss of $8.2 million, or 9 cents per share, in the three months that ended March 31. That compares with a net loss of $18.3 million, or 26 cents per...

Who gets treated where for colonoscopy, and how effective is that treatment?

May 10, 2011 7:37 am | by EurekAlert | Comments

(Digestive Disease Week) Research being presented at Digestive Disease Week continues to show the effectiveness of colonoscopy for the prevention and detection of colorectal cancer. However, studies show that patients in lower socioeconomic groups are less likely to receive care...

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Boston Scientific Announces Retirement of Ray Elliott as President and CEO Effective End of 2011

May 10, 2011 7:35 am | by Boston Scientific | Comments

Elliott to remain on Board as non-executive director

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Mayo Clinic researchers find new treatment for constipation

May 10, 2011 6:40 am | by EurekAlert | Comments

(Mayo Clinic) Constipation is definitely not a glamorous topic. In reality, it affects nearly 30 million Americans and costs more than $1 billion annually to evaluate and treat. While not often life threatening, the pain, bloating, discomfort, and straining associated with...

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First-ever Gamma Knife in Paris Offers New Treatment Options for Patients With Cancer and Other Brain Disorders

May 10, 2011 6:34 am | by Bio-Medicine.Org | Comments

PARIS, May 10, 2011 /- Groupe Hospitalier Pitie Salpetriere, a world-renowned teaching hospital, and among Europe's largest medical centers has continued its long tradition of excellence in neurosciences and its expertise in radiation therapy with the acquisition of Leksell Gamma...

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Bioness Inc. Receives FDA Clearance of Its NESS L300 Plus System

May 10, 2011 6:33 am | by Bio-Medicine.Org | Comments

VALENCIA, Calif., May 10, 2011 /- Bioness Inc. today announced that it has received 510(k) clearance from the U.S. Food and Drug Administration (FDA) for its NESS L300® Plus System. The device combines the Company's NESS L300® Foot Drop System with a thigh stimulation cuff, to...

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Boston Scientific Supports Asthma Awareness Month With Donation to Asthma Foundation

May 10, 2011 5:34 am | by Boston Scientific | Comments

Company sponsors additional efforts to promote education and awareness of severe asthma

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Vermillion Reports Financial Results for the First Quarter 2011

May 10, 2011 5:33 am | by Bio-Medicine.Org | Comments

AUSTIN, Texas, May 10, 2011 /- Vermillion, Inc . (Nasdaq: VRML ), a molecular diagnostics company, today reported financial results for the first quarter ended March 31, 2011.  Key milestones we have achieved since the last quarterly conference call include: Performed an...

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Multi-Mex Distributor Inc. Dietary Supplements: Recall - Product Packaging Mimics OTC Antibiotics

May 10, 2011 5:30 am | by U.S. Food & Drug Administration | Comments

FDA inspection revealed products mimic antibiotics readily available in Mexico and possibly familiar to Hispanic consumers.

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Community Health ends effort to buy rival Tenet

May 10, 2011 4:45 am | by The Associated Press | Comments

Community Health Systems Inc. has ended its effort to buy competitor Tenet Healthcare Corp. after Tenet rejected its latest $4 billion-plus offer.Franklin, Tenn.-based Community Health said Monday it withdrew its offer to buy Tenet for $7.25 per share. It has also rescinded its effort to put...

PositiveID Corporation Agrees to Acquire MicroFluidic Systems, a Leader in Biological Testing and Sample Prep Applications With 29 U.S. Patents and Patents Pending

May 10, 2011 4:35 am | by PositiveID | Comments

PositiveID Corporation Agrees to Acquire MicroFluidic Systems, a Leader in Biological Testing and Sample Prep Applications With 29 U.S. Patents and Patents Pending

Insmed Announces First Quarter 2011 Financial Results

May 10, 2011 4:32 am | by Bio-Medicine.Org | Comments

MONMOUTH JUNCTION, N.J., May 10, 2011 /- Insmed Incorporated (Nasdaq CM: INSM), a biopharmaceutical company, today reported results for the first quarter ended March 31, 2011. Key Recent Highlights: Received Food and Drug Administration (FDA) clearance of Investigational New Drug (IND)...

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Huntsville Memorial Hospital Selects Surgical Information Systems to Increase Safety, Generate Cost Savings

May 10, 2011 3:32 am | by Bio-Medicine.Org | Comments

ATLANTA, May 10, 2011 /- Surgical Information Systems ("SIS") announced today that Huntsville Memorial Hospital in Huntsville, TX, selected SIS' surgical solution to automate its perioperative department, interfacing with the hospital's current MEDITECH system to provide patient care...

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Concord Medical Services Holdings to Present at Two Upcoming Conferences

May 10, 2011 3:31 am | by Bio-Medicine.Org | Comments

BEIJING, May 10, 2011 /PRNewswire-Asia-FirstCall/ -- Concord Medical Services Holdings Limited ("Concord Medical" or the "Company") (NYSE: CCM ), the operator of the largest network of radiotherapy and diagnostic imaging centers in China, today announced that it is scheduled to present at...

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