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ARCA biopharma to sell $3 million of common stock and warrants in registered direct offering

ARCA biopharma, Inc., a biopharmaceutical company developing genetically-targeted therapies for atrial fibrillation, heart failure and other cardiovascular diseases, today announced that it has agreed to sell approximately $3 million of its common stock and warrants to institutional investors in a registered direct offering.

18 Apr 2011

Scientists identify networks of genes critical in embryonic-heart development

Scientists at the Gladstone Institutes have identified networks of genes that play an important role in embryonic-heart development, advancing knowledge of how healthy hearts develop-and offering clues about how to combat a common birth defect known as congenital heart disease.

18 Apr 2011

Hospital consolidation trend continues in Atlanta

The Henry Medical Center announced last week that it would enter partnership talks with Piedmont Healthcare.

18 Apr 2011

First ever genome scan for womb cancer reveals genetic region that reduces risk of the disease

Scientists have carried out the first ever genome scan for womb cancer and discovered a genetic region that reduces risk of the disease, according to a study published in Nature Genetics.

18 Apr 2011

Symphony Technology Group acquires ImpactRx

ImpactRx, the pioneer in measuring the impact of promotion on physician prescribing behavior, announced today that Symphony Technology Group (STG), has acquired a majority ownership interest in the Company. STG is a leading private equity firm with a strategic focus on data, analytics and technology-enabled services companies. Merck Capital Ventures (MCV), the venture capital arm of Merck and one of ImpactRx's existing investors, will maintain its investment in ImpactRx.

18 Apr 2011

How would Medicaid block grants work?

One of the most controversial ideas in Washington right now is to turn Medicaid into a block grant program. ... Instead of an entitlement with open-ended funding, Medicaid would be converted into a grant program with set funding levels.

18 Apr 2011

Emerald Dairy fourth quarter total revenue increases 10.0% to 14.8 million

Emerald Dairy, Inc. a leading producer and distributor of infant and children's formula products, today announced financial results for its fourth quarter ended December 31, 2010.

18 Apr 2011

Novel lifestyle program may slow loss of brain cells due to aging and also grow new cells

In March, more than 80 residents at Emeritus at Ocoee, an assisted living and memory care community in Central Florida, began a new and highly promising research-based Brain Health Lifestyle Program which was designed to not only slow the loss of brain cells due to aging, but also grow new cells.

18 Apr 2011

Double Eagle acquires Fuse Science

Double Eagle Holdings, Ltd. announced today that it has successfully completed the acquisition of Fuse Science, Inc. Under the terms of the acquisition agreement, Fuse Science becomes a wholly-owned subsidiary of Double Eagle, effectively repositioning Double Eagle as an innovation-based consumer products holding company.

18 Apr 2011

QHR to connect over 72 physicians to AccuroEMR

QHR Technologies Inc., a leading Canadian Healthcare technology provider announced that its Electronic Medical Records (EMR) division, Optimed Software Corporation, will connect over 700 users including 72 physicians, in the community of Barrie, Ontario to its Accuro®EMR, creating the largest integrated healthcare network in Canada using one EMR software.

18 Apr 2011

Ahram Biosystems launches portable Palm PCR thermocycler system

Ahram Biosystems, Inc., a leading innovator of new life science tools, today announced the launch of the Palm PCR system, an innovative portable PCR device that delivers high performance nucleic acid amplification in a small handheld format.

18 Apr 2011

CoDa Therapeutics raises $19.2 million in Series B financing

CoDa Therapeutics, Inc. announced today that it has raised $19.2 million in a Series B financing. Current investors Domain Associates, GBS Venture Partners and BioPacificVentures participated in the round. The company expects further Series B financing with participation from additional investors in a second closing, scheduled for a future date.

18 Apr 2011

Colorado: Rural health care gets boost from Service Corps program

In other workforce news, a new law is working its way through the California Senate that would require background checks and "elementary care instruction" for all workers who help out in seniors' homes.

18 Apr 2011

Amedisys enters agreement to acquire Beacon Hospice

Amedisys, Inc., one of America's leading home health and hospice companies, today announced it has signed a definitive agreement to acquire Beacon Hospice, Inc.

18 Apr 2011

Intellectual disability may have genetic origin, but is not hereditary

Mutations in a group of genes associated with brain activity frequently cause intellectual disability, according to a study led by scientists affiliated with the University of Montreal and the research centre at the Centre hospitalier universitaire Sainte-Justine. Intellectual disability is a severe handicap that affects between one and two percent of children worldwide. It can often be attributed to genetic causes, but the specific genes involved were mostly unknown.

18 Apr 2011

Community Health Systems announces new $6.00 per share cash offer for Tenet

Community Health Systems, Inc. today announced that it is now offering $6.00 per share in cash to acquire all outstanding shares of Tenet Healthcare Corporation. The previous CHS offer was for $5.00 per share in cash and $1.00 per share in CHS common stock. The new offer was made in a letter to Tenet's Board of Directors today.

18 Apr 2011

IDS launches AbbaDox 5.0 modular healthcare workflow and documentation portal

Integrated Document Solutions, a pioneer in delivering healthcare information and applications via cloud computing since 2003, today released the latest version of its AbbaDox modular healthcare workflow and documentation portal, featuring cross-platform compatibility and a new streamlined user interface. It is the company's fifth-generation cloud computing solution.

18 Apr 2011

Vyteris closes previously announced merger with MediSync BioServices

Vyteris, Inc. today announced that on April 6, 2011, the Company closed on its previously announced agreement to merge with MediSync BioServices, Inc., now a wholly owned subsidiary of Vyteris focused on the potential consolidation of high-value, niche contract research organizations (CRO), site management organizations (SMO) and related businesses within the $22 billion CRO industry.

18 Apr 2011

State Roundup: Mass. considers new health payment system

The California Public Employees' Retirement System is negotiating a lucrative pharmacy benefits management contract with Caremark Rx Inc., a company being sued for defrauding the pension fund of tens of millions of dollars (Lifsher, 4/16).

18 Apr 2011

Baxter enters definitive agreement to acquire Prism

Baxter International Inc. announced today that it has entered into a definitive agreement to acquire privately-held Prism Pharmaceuticals, Inc., a specialty pharmaceutical company based in King of Prussia, PA. Prism Pharmaceuticals has developed and received U.S. Food and Drug Administration (FDA) approval for multiple presentations of NEXTERONE® (amiodarone HCl), an antiarrhythmic agent.

From Baxter International Inc. 18 Apr 2011