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Microbix Biosystems second-quarter loss grows slightly as sales fall 16 per cent

May 16, 2011 5:45 am | by The Associated Press | Comments

Biotechnology firm Microbix Biosystems Inc. (TSX:MBX) second-quarter net loss increases slightly to $1.4 million from year-ago $1.3 million; revenues down four per cent to $1.76 million as sales slide 16 per cent on one-time reduction in purchases by large customer. Says issues have arisen in...

MoMelan gets mo' money in $2.9M first round

May 16, 2011 5:38 am | by Mass High Tech: The Journal of New England Technology | Comments

Cambridge medical device company MoMelan Technologies Inc. has raised $2.9 million of a planned $5 million funding round – the first institutional round for the company, which is making a device designed to stretch skin to improve the cost, time and patient experience of skin graft procedures.

PerkinElmer buys Labtronics

May 16, 2011 5:37 am | by Mass High Tech: The Journal of New England Technology | Comments

PerkinElmer Inc. continued its recent buying spree today with the announcement that it has acquired Ontario, Canada-based Labtronics Inc., a health IT company that makes electronic laboratory notebooks (ELN) – software designed to replace paper lab notebooks.

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BAETA Corp Initiates Clinical Trial at NYU School of Medicine to Measure Efficacy of Pain Recording Device

May 16, 2011 5:37 am | by Bio-Medicine.Org | Comments

FORT LEE, N.J., May 16, 2011 /- BAETA Corp. (OTCBB: BAEA) announced today that the NYU School of Medicine will conduct a clinical trial to measure the efficacy of the Company's "MyHealthTrends for Pain" handheld device during intra-operative, pre- and post-surgical periods. This trial...

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Accuray Showcases CyberKnife Robotic Radiosurgery System at American Urological Association Meeting

May 16, 2011 5:37 am | by Bio-Medicine.Org | Comments

SUNNYVALE, Calif. and WASHINGTON, May 16, 2011 /- The American Urological Association (AUA) Meeting, May 16, 2011 -- Accuray Incorporated (Nasdaq: ARAY ), a global leader in the field of radiosurgery, announced today that it will showcase the CyberKnife® Robotic Radiosurgery System ,...

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AlphaDetail AlphaPulseâ„¢: Anticipated Impact of CATT Trial in Wet AMD Treatment

May 16, 2011 5:35 am | by Bio-Medicine.Org | Comments

SAN MATEO, Calif., May 16, 2011 /- On April 28, 2011 the New England Journal of Medicine released highly anticipated one-year results of the ongoing "Comparisons of Age-Related Macular Degeneration Treatments Trials" (CATT). AlphaDetail, Inc., a leader in global ophthalmology primary...

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Lilly USA, LLC Launches TruAssist for Patients

May 16, 2011 5:34 am | by Bio-Medicine.Org | Comments

INDIANAPOLIS, May 16, 2011 /- Lilly USA has launched www.LillyTruAssist.com and 1-855-LLYTRUE (1-855-559-8783), a website and call center for health care providers and patients to access information about Lilly's patient assistance programs, which help connect patients with the Lilly...

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Lilly Oncology to Unveil Data From More Than 30 Studies at ASCO

May 16, 2011 5:34 am | by Bio-Medicine.Org | Comments

INDIANAPOLIS, May 16, 2011 /- Eli Lilly and Company (NYSE: LLY ) will present data from more than 30 studies at the 47th Annual Meeting of the American Society of Clinical Oncology (ASCO) in Chicago, Ill., from June 3 – 7, 2011, including results from PARAMOUNT, a Phase III study of...

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Arstasis Launches New AXERAâ„¢ Access Device in the U.S.

May 16, 2011 5:33 am | by Bio-Medicine.Org | Comments

REDWOOD CITY, Calif., May 16, 2011 /- Arstasis is pleased to announce the U.S. launch of its latest commercial product - the AXERA™ Access Device.  The AXERA Device enhances insertability into the femoral artery and overall procedural usage while continuing to deliver the...

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diaDexus, Inc. Reports 2011 First Quarter Financial Results

May 16, 2011 5:32 am | by Bio-Medicine.Org | Comments

SOUTH SAN FRANCISCO, Calif., May 16, 2011 /- diaDexus, Inc. (OTC Bulletin Board: DDXS ), a diagnostics company focused on the development and commercialization of patent-protected in vitro diagnostic products addressing unmet needs in cardiovascular disease, today announced financial...

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HYCOR Expands Board of Directors to Support Growth in Key Areas

May 16, 2011 5:32 am | by Bio-Medicine.Org | Comments

GARDEN GROVE, Calif., May 16, 2011 /- HYCOR Biomedical, Inc., a leading manufacturer and marketer of in vitro diagnostic products for the global allergy, autoimmune and urinalysis markets, together with owner Linden, LLC, today announced the appointments of Vijay Aggarwal, Ph.D. and James...

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Siemens Showcases New Innovations in Clinical Diagnostics, Automation, and IT at IFCC-WorldLab Berlin 2011

May 16, 2011 5:32 am | by Bio-Medicine.Org | Comments

BERLIN, May 16, 2011 /- Siemens Healthcare Diagnostics is showcasing a broad spectrum of its clinical diagnostics portfolio, including a focus on scalable l ab automation solutions, at the IFCC (International Federation of Clinical Chemistry and Laboratory Medicine) WorldLab 2011 in...

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Stryker will buy competitor Orthovita for $304M

May 16, 2011 4:45 am | by The Associated Press | Comments

Orthopedic implant and surgical products maker Stryker Corp. says it has agreed to buy rival Orthovita Inc. for about $304 million in cash.Stryker is offering $3.85 per share, a premium of 41 percent from Orthovita's closing price Friday. It will also assume $12 million in debt held by...

Volcano to Highlight its Precision Guided Therapy Technologies at EuroPCR

May 16, 2011 2:33 am | by Bio-Medicine.Org | Comments

SAN DIEGO, May 16, 2011 /- Volcano Corporation (NASDAQ: VOLC ) today announced its participation in the Paris course for Revascularization (EuroPCR) from May 17 – 20. Volcano's focus will be on highlighting the strength of its product portfolio, which includes innovative devices...

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Reportlinker Adds North America Hospital Supplies Market Outlook to 2017

May 16, 2011 1:34 am | by Bio-Medicine.Org | Comments

NEW YORK, May 16, 2011 /- Reportlinker.com announces that a new market research report is available in its catalogue: North America Hospital Supplies Market Outlook to 2017...

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