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New sugar-based polymer for disposing food packaging and other plastic items

Food packaging and other disposable plastic items could soon be composted at home along with organic waste thanks to a new sugar-based polymer.

17 Feb 2010

Ardiem Medical receives non-exclusive license to make and sell neuromodulation devices

Ardiem Medical Inc. has obtained a non-exclusive license to make and sell neuromodulation devices based on intellectual property developed at Case Western Reserve University's Department of Biomedical Engineering and the Functional Electrical Stimulation Center in Cleveland.

17 Feb 2010

Health on the Hill - February 16, 2010

Kaiser Health News staff writer Mary Agnes Carey and Eric Pianin of the Fiscal Times talk with the Kaiser Family Foundation's Jackie Judd about recent events on Capitol Hill. For instance, President Obama has scheduled a bipartisan summit for Feb. 25 to discuss ways to pass health care overhaul legislation this year.

17 Feb 2010

Athersys completes enrollment in phase I MultiStem allogeneic stem cell therapy clinical trial

Athersys, Inc. and Angiotech Pharmaceuticals, Inc. announced that Athersys has completed patient enrollment for its phase I clinical trial of MultiStem(R), its allogeneic stem cell therapy product, administered to individuals following acute myocardial infarction (AMI), more commonly referred to as a heart attack. Top line results of the trial are expected to be announced midyear, upon completion of the four-month patient follow-up visits and analysis of results.

17 Feb 2010

Deficit panel to tackle worries of federal debt, including health spending

The New York Times reports that President Obama's appointment of a special panel to study the nation's debt will come "(a)fter decades of warnings that budgetary profligacy, escalating health care costs and an aging population would lead to a day of fiscal reckoning."

17 Feb 2010

Eat fruits and vegetables to prevent heart disease

As heart disease continues to be the leading cause of death in the United States for all adults, a new report released by the Nutrilite Health Institute, America's Phytonutrient Report: Heart Health by Color*, shows that Americans are falling short on heart-healthy phytonutrients.

17 Feb 2010

COBRA expansion, Medicare payments to doctors 'fix' looming over Congress

Lawmakers seek ways to expand COBRA and address the Medicare doctor payment "fix."

17 Feb 2010

Top health groups increased political spending in 2009

USA Today: "Pharmacists, optometrists and groups representing an array of medical specialists boosted their political giving in 2009, as Congress worked on health care legislation that would dramatically reshape their industry. ... Donations by the top 15 health care political action committees rose to $11.7 million in 2009, a nearly 14% increase from 2007, the most recent non-election year, according to a USA TODAY analysis of data compiled by CQ MoneyLine."

17 Feb 2010

Health Canada approves Talecris Biotherapeutics' PROLASTIN-C for AAT deficiency

Talecris Biotherapeutics announced today that it has received approval from Health Canada for PROLASTIN®-C (Alpha1-Proteinase Inhibitor [Human]), a more purified and concentrated version of PROLASTIN® produced using advances in manufacturing technology. A similar approval for PROLASTIN-C was granted by the U.S. Food and Drug Administration on October 17, 2009.

17 Feb 2010

White House hints at new health bill as GOP sees possible upside in summit

White House officials "hinted on Tuesday that President Obama might post his own [health care] bill on the Internet before the bipartisan health care summit he is planning" next week, The New York Times reports. "In the nearly a year since Congress began debating a health care overhaul, Mr. Obama has yet to make his own priorities explicit. He said at the outset that he would set broad parameters for the measure and leave the details to lawmakers." Obama said last week that hoped to post to the Internet a merged bill that would address costs and expand coverage.

17 Feb 2010

Senesco Technologies announces financial results for quarter ended December 31, 2009

Senesco Technologies, Inc. today reported financial results for the three months ended December 31, 2009.

17 Feb 2010

Pharmatek Laboratories meets DEA requirements for developing and manufacturing controlled substances

Pharmatek Laboratories, Inc., a premier contract development and manufacturing organization supporting the pharmaceutical industry, announced that it has successfully met Drug Enforcement Agency (DEA) requirements to be registered for the development and manufacture of Schedule IV and V controlled substances.

17 Feb 2010

Domino's Pizza raises $2M during 2009 Thanks and Giving campaign for St. Jude Children's Research Hospital

Domino's Pizza, the recognized world leader in pizza delivery, raised $2 million for St. Jude Children's Research Hospital® during the 2009 Thanks and Giving® campaign. This marks the largest single charitable donation in the history of Domino's Pizza.

17 Feb 2010

Dyax announces fourth-quarter and full-year 2009 financial results

Dyax Corp. today announced financial results for the fourth quarter and year ended December 31, 2009. Dyax will host a webcast and conference call at 10 a.m. (ET) this morning to review the financial results and corporate progress for the quarter.

17 Feb 2010

Fourth-quarter and full-year 2009 results announced by Celsion

Celsion Corporation, a leading oncology drug development company, today announced financial results for the fourth quarter and year ended December 31, 2009. Management also highlighted the progress made in clinical trials of ThermoDox®, Celsion's heat activated liposomal encapsulation of doxorubicin, including the Company's pivotal Phase III trial for the treatment of hepatocellular carcinoma (HCC), the most common form of primary liver cancer, and recurrent chest wall breast cancer.

17 Feb 2010

Flexible working beneficial for employees' health

There is evidence to suggest that flexible working might be beneficial for employees' health if they are allowed to have input into their own working patterns, a review by Cochrane Researchers suggests. The study may throw some light on potential health benefits associated with current trends towards more flexible working in the UK and Europe.

17 Feb 2010

Cipher Pharmaceuticals announces fourth-quarter and fiscal year 2009 results

Cipher Pharmaceuticals Inc. today announced its financial and operational results for the fourth quarter and fiscal year ended December 31, 2009.

17 Feb 2010

Walgreen acquires Duane Reade for total enterprise value of $1.075 billion

Walgreen Co. and New York-based drugstore chain Duane Reade Holdings, Inc. today announced a definitive agreement under which Walgreens will acquire Duane Reade from affiliates of Oak Hill Capital Partners in a cash transaction for a total enterprise value of $1.075 billion, which includes the assumption of debt.

17 Feb 2010

Beating animal heart created: University of Minnesota signs global license agreement with Miromatrix Medical

A major step in commercializing the groundbreaking research of Dr. Doris Taylor was achieved recently when the University of Minnesota signed an exclusive, global license agreement with Miromatrix Medical Inc. Dr. Taylor's research garnered worldwide attention in 2008 when her team announced that it had created a beating animal heart in her laboratory.

17 Feb 2010

Eleven Biotherapeutics announces completion of $35M Series A funding

Eleven Biotherapeutics, a biopharmaceutical company focused on translating breakthrough discoveries from science and medicine to engineer and develop innovative protein-based therapeutics, announced today it has completed a $35 million Series A financing co-led by Flagship Ventures and Third Rock Ventures. Proceeds from the financing will be used to build the research and development and business development teams for Eleven Biotherapeutics, in addition to advancing the company’s portfolio of engineered proteins through clinical proof of concept.

17 Feb 2010