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5% tax on cosmetic surgery opposed by AAFPRS

20. November 2009 23:32
The United States Senate is about to consider health system reform legislation which contains a 5% tax on cosmetic surgery deemed unnecessary for medical purposes. The American Academy of Facial Plastic and Reconstructive Surgery (AAFPRS) announces it strongly opposes the inclusion of this tax as it is discriminatory and has already failed in other states. [More]

Posted in: Healthcare News

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CMS report: House bill will raise health care costs, affect seniors' benefits

16. November 2009 23:21
A new report from the Centers for Medicare and Medicaid Services finds that the health overhaul bill passed by the House will raise health costs by approximately $289 billion in the next ten years. The report was requested by House Republicans and compiled by CMS' chief actuary, Richard Foster. [More]

Posted in: Healthcare News

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CMS report on House health bill: Many more insured means more, not less, spending

16. November 2009 03:23
The Associated Press: "Overall spending on health care would rise as a result of legislation approved a week ago by the House, and billions of dollars in projected savings contained in the measure will be difficult to maintain, according to a report by a top official at the agency that oversees Medicare. [More]

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USAction hails passage of the Affordable Health Care for America Act

9. November 2009 03:27
USAction this evening hailed passage of the Affordable Health Care for America Act, which will make health care more affordable for consumers, hold insurance companies accountable and increase access to health care for millions of Americans through a public option. [More]

Posted in: Healthcare News

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Smith & Nephew reports third quarter 2009 financial results

6. November 2009 03:46
Smith & Nephew Q3 Results - continued strong profit performance 6 November 2009 Smith & Nephew plc (LSE: SN, NYSE: SNN), the global medical technology business, announces its results for the third quarter ended 26 September 2009. [More]

Posted in: Business / Finance

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USAction urges House to pass comprehensive health care reform legislation

6. November 2009 03:14
The Affordable Health Care for America Act will make health care more affordable for consumers, hold insurance companies accountable and increase access to health care for millions of Americans. [More]

Posted in: Healthcare News

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CBO: House health bill would lower some middle class premiums, raise costs for others

3. November 2009 23:34
House Democrats say their health overhaul proposal will lead to health insurance premium savings for many consumers, though estimates of the overall measure's cost, as well as the taxes and fees required to pay for it, is a source of criticism and concern. [More]

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Many details still bedevil Democrats in health reform bills

1. November 2009 23:25
It was the usual partisan squabbling on the Sunday talk shows today, while Democrats are braced for a significant week ahead, ironing out significant differences in various health reform bills. [More]

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Shire announces third quarter 2009 financial results

31. October 2009 02:51
Shire plc, the global specialty biopharmaceutical company, announces results for the three months to September 30, 2009. [More]

Allergan reports operating results for the third quarter of 2009

29. October 2009 09:41
Allergan, Inc. today announced operating results for the quarter ended September 30, 2009. Allergan also announced that its Board of Directors has declared a third quarter dividend of $0.05 per share, payable on November 30, 2009 to stockholders of record on November 9, 2009. [More]

Wellpoint announces third quarter 2009 financial results; net income is 1.53 per share

28. October 2009 07:45
WellPoint, Inc. (NYSE: WLP) today announced that third quarter 2009 net income was $730.2 million, or $1.53 per share, including net investment gains of $21.5 million pre-tax, or $0.03 per share, and an impairment charge totaling $205.5 million pre-tax, or $0.28 per share, for certain intangible assets. [More]

Posted in: Business / Finance

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Microbix and Hunan Biopharmaceutical to build $200-million influenza vaccine facility

28. October 2009 04:26
Microbix, a developer of a patented technology that doubles the output of influenza vaccine production, announced today it has signed a joint venture agreement with the Hunan Biopharmaceutical Co. Ltd. (a Hunan Province state-owned enterprise) for initial financing to construct Asia's largest influenza vaccine production facility and the third largest vaccine plant in the world. [More]

Posted in: Pharmaceutical News

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Medical Marijuana commences multi-industry implementation of its tax remittance solution

22. October 2009 04:39
Medical Marijuana Inc has entered into discussions with a publicly traded coffee distribution company for licensing of its patent pending tax remittance solution. Medical Marijuana Inc's tax remittance technology was originally designed to be industry and product neutral; it can be implemented in any industry. [More]

Posted in: Device / Technology News

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Pfizer announces fiscal 2009 third-quarter results

20. October 2009 07:40
Pfizer Inc. today reported financial results for third-quarter 2009. Revenues were $11.6 billion, a decrease of 3% compared with $12.0 billion in the year-ago quarter. [More]

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Medical Marijuana offers "Turnkey Collective Solution" for collectives to conform to state laws

20. October 2009 05:25
Medical Marijuana, Inc. is the ONLY company that provides the specific solutions the government is seeking in order for all collectives and co-ops to be in total compliance with state laws and city/county ordinances. Their revolutionary patent pending Tax Remittance Card and patent pending Inventory Management System and Supply Chain Network provides all of the tools necessary for regulatory authorities and industry operators alike to manage compliance efficiently and effectively. [More]

Posted in: Device / Technology News | Pharmaceutical News

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