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Sorrento Therapeutics acquires Concortis Biosystems

Sorrento Therapeutics, Inc. announced today that it has completed its acquisition of Concortis Biosystems, Corp., providing Sorrento with a comprehensive technology platform to create a new generation of homogenous antibody drug conjugates with site-specific toxin conjugation and consistent drug-antibody ratios. With the close of the deal, Sorrento has issued an aggregate of 1,331,978 shares of its common stock to the Concortis shareholders. Based on the closing share price on December 18, 2013, the transaction is valued at $11.3 million.

19 Dec 2013

Royal Philips gets FDA approval for Spectral Breast Density Measurement Application

As breast density becomes a more recognized risk factor for breast cancer, Royal Philips today announced 510(k) clearance from the U.S. Food and Drug Administration for the Spectral Breast Density Measurement Application for its MicroDose SI full-field digital mammography system. The application is the first spectral Breast Density Measurement tool, meaning adipose (fat) and glandular tissue can be differentiated to accurately measure volumetric breast density.

19 Dec 2013

Reverse Medical's BARREL Vascular Reconstruction Device gets CE Mark approval

Reverse Medical Corporation today announced CE Mark approval for European commercialization of their BARREL Vascular Reconstruction Device and the first European clinical case. The BARREL Vascular Reconstruction Device is intended for use with occlusive devices in the treatment of intracranial aneurysms.

19 Dec 2013

European research project to develop new rapid diagnostic devices

Led by the Basque R&D Alliance IK4, 13 organisations in 8 different countries have been conducting research for three years under the European LabOnFoil project to develop new rapid diagnostic devices.

19 Dec 2013

Two GW professors named 2013 Fellows of the National Academy of Inventors

Ferid Murad and Akos Vertes-two of George Washington University's scientific pioneers-are among the 143 innovators who have been named 2013 Fellows of the National Academy of Inventors.

19 Dec 2013

MGC Diagnostics fourth quarter revenue increases 11% to $9.1 million

MGC Diagnostics Corporation, a global medical technology company, today reported financial results for the fourth quarter and year ended October 31, 2013.

19 Dec 2013

Collaborative pharmaceutical project focusing on paediatric formulation development gets go-ahead

A collaborative pharmaceutical project focused on improving the pathway for developing paediatric formulations has been given the go-ahead after successfully securing an innovation grant.

19 Dec 2013

Ex-Microsoft exec takes over HealthCare.gov fixes

Kurt DelBene, who previously was president of the Microsoft Office Division, was named by President Barack Obama to replace Jeffrey D. Zients and oversee efforts to rescue the federal government's health care website.

19 Dec 2013

Mazor Robotics gets first order for Renaissance system from Cordamed Biomedical Engineering

Mazor Robotics Ltd., the developer of Renaissance, an innovative surgical guidance system and its complementary products, announced today that it has received its first order for a Renaissance system from Cordamed Biomedical Engineering Inc., its distribution partner in Turkey. This represents the first Renaissance system order in Turkey, and Cordamed will install the system at a prominent hospital in Istanbul.

19 Dec 2013

Obama talks health care technology at meeting with executives

President Barack Obama met privately with executives from several technology companies to discuss the difficulties the administration has had with healthcare.gov.

19 Dec 2013

Laser measurements show pollen has major influence on air quality

Leipzig, Germany. Pollen reflects more sunlight than previously known, and makes up to one third of the total amount of aerosol particles in the atmosphere. Aerosol particles influence optical depth which provides a measure of the opacity of the atmosphere.

19 Dec 2013

New surface treatment processes for orthopaedic and dental implants to reduce risk of infection

Researchers at Aalto University have developed a method of selection of new surface treatment processes for orthopaedic and dental implants to reduce the risk of infection.

19 Dec 2013

Osteoarthritis patients can carry out progressive exercise to maintain bone health

The postmenopausal women who may be at risk of osteoporosis (bone loss), as well as at risk of osteoarthritis, can safely carry out progressive high-impact training to maintain bone health and physical function.

19 Dec 2013

Researchers use 3D technology from film industry to analyze rehabilitation for stroke patients

Researchers in Gothenburg have been using 3D technology from the film industry to analyze the everyday movements of stroke patients. The results, which are reported in a doctoral thesis at the Sahlgrenska Academy, indicate that computerized motion analysis increases our knowledge of how stroke patients can improve their ability to move through rehabilitation.

19 Dec 2013

LSDF announces research and development grants to commercialize health-related technologies

The Life Sciences Discovery Fund (LSDF) today announced $1.1 million in five Proof of Concept grants to Washington for-profit and non-profit organizations to foster the translation of health-related products from the laboratory into the commercial marketplace.

19 Dec 2013

KIT researchers develop novel gel for biological and medical applications

A novel method developed by researchers from Karlsruhe Institute of Technology (KIT) and Jacobs University Bremen enables manufacturing of polymer layers with tailor-made properties and multiple functions: A stable porous gel (SURGEL) for biological and medical applications is obtained from a metal-organic framework (SURMOF) grown up on a substrate.

19 Dec 2013

New technology could dramatically reduce number of open-heart surgeries

Researchers at the University of Waterloo have developed a new technology that could dramatically reduce the number of open-heart surgeries for people with pacemakers.

18 Dec 2013

TGen, Nemucore, and Barrow collaboration aims for new drugs to treat glioblastoma

The Ben & Catherine Ivy Foundation today announced a $3 million grant to the Translational Genomics Research Institute (TGen), Nemucore Medical Innovations Inc., and Barrow Neurological Institute at St. Joseph's Hospital and Medical Center to help fund significant brain tumor research in Arizona.

18 Dec 2013

Alexandria-based Prevent Cancer Foundation gets $5,000 grant from Cardinal Bank Community

Cardinal Bank announced today that the Cardinal Bank Community Fund has awarded $5,000 to the Prevent Cancer Foundation. The mission of the Alexandria-based organization is to save lives through cancer prevention and early detection, and it has provided more than $130 million to support cancer prevention, early detection research, education, advocacy, and community outreach nationwide.

18 Dec 2013

Study finds relationship between quality of children's diets and elders in representative communities

Understanding how dietary habits are connected through the generations could have valuable benefits for community health, a new study shows.

18 Dec 2013

Technology News and Research

Sorrento Therapeutics acquires Concortis Biosystems

Royal Philips gets FDA approval for Spectral Breast Density Measurement Application

Reverse Medical's BARREL Vascular Reconstruction Device gets CE Mark approval

European research project to develop new rapid diagnostic devices

Two GW professors named 2013 Fellows of the National Academy of Inventors

MGC Diagnostics fourth quarter revenue increases 11% to $9.1 million

Collaborative pharmaceutical project focusing on paediatric formulation development gets go-ahead

Ex-Microsoft exec takes over HealthCare.gov fixes

Mazor Robotics gets first order for Renaissance system from Cordamed Biomedical Engineering

Obama talks health care technology at meeting with executives

Laser measurements show pollen has major influence on air quality

New surface treatment processes for orthopaedic and dental implants to reduce risk of infection

Osteoarthritis patients can carry out progressive exercise to maintain bone health

Researchers use 3D technology from film industry to analyze rehabilitation for stroke patients

LSDF announces research and development grants to commercialize health-related technologies

KIT researchers develop novel gel for biological and medical applications

New technology could dramatically reduce number of open-heart surgeries

TGen, Nemucore, and Barrow collaboration aims for new drugs to treat glioblastoma

Alexandria-based Prevent Cancer Foundation gets $5,000 grant from Cardinal Bank Community

Study finds relationship between quality of children's diets and elders in representative communities

The Critical Role of Sample Storage in Drug Discovery and Development

Advancing Neuroscience Research Through Collaboration and Patient-Centered Innovation

The impact of vibration on microscopy

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