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Cyclacel second-quarter net loss decreases to $6.5 million

Cyclacel Pharmaceuticals, Inc., a biopharmaceutical company developing oral therapies that target the various phases of cell cycle control for the treatment of cancer and other serious disorders, today reported its financial results and business highlights for the second quarter of 2010.

7 Aug 2010

Response Genetics total revenue for second-quarter 2010 increases 197% to $5.6 million

Response Genetics Inc., a company focused on the development and sale of molecular diagnostic tests for cancer, today announced its consolidated financial results for the three and six months ended June 30, 2010.

7 Aug 2010

Scientists develop hand prosthesis that eases phantom pain

The pain of losing a body part is twofold, as the patients not only suffer from wound pain. Often they are also affected by so called phantom pain. Unlike bodily wounds which will eventually heal, phantom pain often lasts for years and sometimes a lifetime. "Phantom pain is very difficult to treat", says Professor Dr Thomas Weiss from the Friedrich-Schiller-University Jena.

7 Aug 2010

Upbeat Medicare solvency report quickly finds doubters

The new health law will buttress Medicare for a dozen more years than previously expected, according a report issued Thursday by the program's trustees, The Washington Post reports. But, "[t]he relatively bright picture of Medicare's future triggered immediate debate over whether the forecast by the trustees, all members of President Obama's Cabinet, is realistic.

7 Aug 2010

Attractiveness detrimental for women applying for masculine sex-typed jobs

While many see no downside to being beautiful, a professor at the University of Colorado Denver Business School says attractive women face discrimination when it comes to landing certain kinds of jobs.

7 Aug 2010

Senate gives final passage to state aid bill, House summoned for Tuesday vote

Senators voted Thursday to give $26 billion in aid to states and schools, $16 billion of which will be directed to Medicaid programs around the nation as the House prepares to return during its recess to cast votes on the legislation.

7 Aug 2010

Novavax reports net loss of $9.4M for second-quarter 2010

Novavax, Inc. today announced financial results for the second quarter ended June 30, 2010.

7 Aug 2010

AMA says most doctors at some point face malpractice lawsuits

MedPage Today/ABC News: According to a new survey by the American Medical Association, more than 60 percent of doctors older than 55 have been sued for medical malpractice. "Although most of those claims are dropped or dismissed, the new survey from the AMA shows that most physicians will be sued for malpractice at some point in their careers.

7 Aug 2010

Kids v Cancer applauds Senators for Creating Hope Act of 2010

Kids v Cancer applauds Senators Sam Brownback (R-KS), Sherrod Brown (D-OH), and Al Franken (D-MN) for their dedication to curing childhood diseases and supporting the bipartisan "Creating Hope Act of 2010."

7 Aug 2010

Bradmer second-quarter net loss decreases to US$161,000

Bradmer Pharmaceuticals Inc. today announced its 2010 second quarter financial results.

7 Aug 2010

Private firms take up torch of health IT push

Health insurance companies, doctors' professional associations and provider organizations are taking efforts to move hospitals and physicians towards 'meaningful use' of information technology into their own hands, The Hill reports.

7 Aug 2010

Obama Administration awards $159.1 million in grants for nurses, geriatric care workers

"The grants, which include new and continuing funding, build on multimillion dollar investments called for under the new health-care overhaul law in order to address a growing shortage of primary care workers." A 2008 report by the Council on Physician and Nurse Supply said schools would need to produce 30,000 nurses annually to offset the shortfall and the looming mass retirement of nurses, 45 percent of whom are 50 or older" (Aizenman, 8/5).

7 Aug 2010

Synthetech first-quarter fiscal 2011 revenue decreases 56% to $2.0 million

Synthetech, Inc. today announced financial results for the first quarter of fiscal 2011, which ended June 30, 2010. Revenue for the quarter was $2.0 million, a 56% decrease compared to revenue of $4.7 million in the first quarter of fiscal 2010. The operating loss for the current quarter was $727,000, compared to operating income of $1.0 million for the same period last year. The net loss for the current quarter was $763,000, or $0.05 per basic share, compared to last year's first quarter net income of $969,000, or $0.07 per basic share.

7 Aug 2010

UCSF researchers discover new technology purifying special types of stem cells

UCSF researchers are reporting the first success in very rapidly purifying one type of embryonic stem cell from a mix of many different types of embryonic stem cells in the culture dish. The technique, which avoids the need to genetically alter the cells to distinguish them, is a key advance, the researchers say, for obtaining the appropriate cells for repairing specific damaged tissues.

7 Aug 2010

Blue Cross of Massachusetts agrees to reduce dramatic rate increases

In Massachusetts, the state's largest health insurer has agreed to reduce dramatic rate increases for individuals and small businesses.

7 Aug 2010

Health reform provisions on abortion, IRS reporting requirements stirring up Capitol Hill

The Hill reports that Sens. Tom Coburn, R-Okla., and Orrin Hatch, R-Utah, introduced legislation Thursday "designed to eliminate a controversial provision of the Democrats' new healthcare reform law that allows subsidized plans to offer abortion coverage if patients pay separately, and with their own money, for that portion of the coverage.

7 Aug 2010

Drugs that reduce activity of ABDH6 enzyme can prevent brain damage: Study

A newly discovered molecular mechanism helps control the amount and effectiveness of a substance that mimics an active ingredient in marijuana, but that is produced by the body's own nerve cells.

7 Aug 2010

GenVec signs new agreement with Novartis for supply of services relating to development materials

GenVec, Inc. today announced a new agreement for the supply of services relating to development materials with Novartis, related to the companies' collaboration in hearing loss and balance disorders. Under this new agreement, GenVec could receive approximately $13 million over four years to manufacture clinical trial material for up to two lead candidates.

7 Aug 2010

From Florida to Oregon, Medicare Advantage's benefits – and cuts – vary

This Kaiser Health News story by David Gulliver, produced in partnership with Health News Florida, explores how the impact of changes to Medicare Advantage will differ from place to place across the country.

7 Aug 2010

Funk Out Cancer to raise money, awareness for research at University of Wisconsin

Funk Out Cancer is back for the second annual concert and silent auction to raise money and awareness for cancer research at the University of Wisconsin Carbone Cancer Center. Funk Out Cancer will feature music by international recording artists funk/jazz trio SOULIVE along with special guests Madison's own Phat Phunktion and Mama Digdown's Brass Band. The event will be held on Saturday, November 20 at 7:00 PM at the Orpheum Theatre, Madison.

7 Aug 2010