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China Medical Technologies Announces Strategic Collaboration Between its Subsidiary, GP Medical, and Da An Health

June 21, 2011 11:45 pm | by Bio-Medicine.Org | Comments

BEIJING, June 22, 2011 /PRNewswire-Asia-FirstCall/ -- China Medical Technologies, Inc. (the "Company") (Nasdaq: CMED ), a leading China-based advanced in-vitro diagnostic ("IVD") company, today announced that its wholly-owned subsidiary, Beijing GP Medical Technologies Co., Ltd. ("GP...

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Oxford BioMedica Announces Ocular Programme Update

June 21, 2011 11:45 pm | by Bio-Medicine.Org | Comments

OXFORD, England, June 22, 2011 /-   - RetinoStat ® Progress in Phase I Study in Wet Age -Related Macular Degeneration   Oxford BioMedica plc ("Oxford BioMedica" or "the Company") (LSE: OXB), a leading gene therapy company, today announces that the first dose level of...

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FDA's proposed changes in 510(k) process are still in their own process

June 21, 2011 8:40 pm | by Mass High Tech: The Journal of New England Technology | Comments

Some 10 months after the U.S. Food and Drug Administration announced plans to change the processes for 510(k) review and approval of many medical devices the industry is still waiting to see just what those changes will be.

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The List: 30 Largest New England biotech companies

June 21, 2011 8:38 pm | by Mass High Tech: The Journal of New England Technology | Comments

Running counter to the overall economic trend, biotechnology employment grew 50.5 percent in Massachusetts from 2001 to 2010, according to the Massachusetts Biotechnology Council. Here, Mass High Tech tallied the names of the largest biotechnology firms in New England, ranked by number of employees.

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Life sciences-focused angel investors can be a fit for the right biotech

June 21, 2011 8:38 pm | by Mass High Tech: The Journal of New England Technology | Comments

According to local angel investors, angel involvement can be a great match for biotech under the right circumstances, and indeed can sometimes be the main source of funding for the startups.

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Cancer vaccines make progress in combating disease

June 21, 2011 8:36 pm | by Mass High Tech: The Journal of New England Technology | Comments

Sen. Edward Kennedy's death two years ago from the deadly form of brain cancer, glioblastoma multiforme, refocused attention on how slowly treatments have progressed since former President Richard Nixon declared the war on cancer in 1971. But a new form of treatment that goes beyond...

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UnitedHealth sues Defense Dept. over contract

June 21, 2011 3:45 pm | by The Associated Press | Comments

UnitedHealth Group Inc. is suing the Department of Defense over its decision to award a lucrative contract to rival health insurer Humana Inc.The lawsuit, filed Tuesday with the U.S. Court of Federal Claims, follows a ruling last week by the Government Accountability Office denying a formal...

Vanguard Health could raise $500M with offering

June 21, 2011 2:45 pm | by The Associated Press | Comments

Hospital operator Vanguard Health Systems Inc. expects to make an initial public offering later this week of about 25 million shares for net proceeds of about $512 million that it plans to use mainly pay off debt.The Nashville, Tenn., company said it anticipates pricing the shares between $21...

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IT pros question health information security

June 21, 2011 11:46 am | by Mass High Tech: The Journal of New England Technology | Comments

In spite of initiatives such as the HIPAA privacy guidelines and the move toward electronic medical records, more than three quarters of information technology professionals surveyed don't feel their personal healthcare information is any more secure than it was a year ago, according to...

Molnlycke Health Care U.S. Announces Senior Management Changes

June 21, 2011 11:43 am | by Bio-Medicine.Org | Comments

NORCROSS, Ga., June 21, 2011 /- Molnlycke Health Care U.S., LLC is pleased to announce recent senior management changes.  James G. Wetrich has been appointed to the position of President & General Manager of The Americas.  Jim will lead both the Surgical and Wound Care...

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Next-Generation Pharmacistâ„¢ Awards Program Announces 2011 Finalists

June 21, 2011 11:41 am | by Bio-Medicine.Org | Comments

DURHAM, N.C., June 21, 2011 /- Parata Systems and Pharmacy Times have announced the finalists for the second annual Next-Generation Pharmacist awards. The 2011 program, honoring pharmacists who define the future of the industry across a wide range of practice settings, attracted nearly...

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New Study Explores Impact of More Uniform Distribution of Endovascular Coils in Cerebral Aneurysm Treatment

June 21, 2011 10:43 am | by Bio-Medicine.Org | Comments

RAYNHAM, Mass., June 21, 2011 /- A new study published in the June edition of the Journal of NeuroInterventional Surgery(1) highlights that a more uniform distribution of endovascular coils may help in the treatment of cerebral aneurysms, it was reported by Codman & Shurtleff, Inc....

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Health networks firm Curaspan names MacDougall as CTO

June 21, 2011 9:47 am | by Mass High Tech: The Journal of New England Technology | Comments

Curaspan Health Group, which is building secure electronic patient transition networks for healthcare providers, today named Tom MacDougall, formerly a vice president with Igenix, as Curaspan's first chief technology officer.

Researchers say vaccines may target weakness in HIV

June 21, 2011 9:46 am | by Mass High Tech: The Journal of New England Technology | Comments

Medical researchers at Massachusetts General Hospital, MIT and Harvard University report that they have identified sections of an HIV protein where mutations could undermine the virus' ability to survive and reproduce.

Summary Box: Walgreen, Express Scripts in dispute

June 21, 2011 9:45 am | by The Associated Press | Comments

THE BREAKUP: Walgreen Co. said Tuesday it will stop filling prescriptions handled by Express Scripts Inc., one of the largest U.S. pharmacy benefits management companies, on Jan. 1.THE ARGUMENT: Walgreen said Express Scripts wants to cut the amount it pays Walgreen to fill prescriptions and wants...

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