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iCAD enters $15M debt facility agreement with Deerfield Management

iCAD, Inc., an industry-leading provider of advanced image analysis, workflow solutions and radiation therapy for the early identification and treatment of cancer, today announced that it has entered into a five year, $15 million debt facility agreement with Deerfield Management Company LP, a leading healthcare investment fund.

3 Jan 2012

First Edition: January 3, 2012

In today's headlines, reports that New York seniors are experiencing reduced prescription coverage and more California patients are being added to the health insurance rolls.

3 Jan 2012

Aging suit from MIT to raise empathy for the elderly

A team of researchers in MIT's Agelab have created a suit to help people understand what it might be like to be in the shoes of an elderly person – literally. Called AGNES (Age Gain Now Empathy System), the suit replicates what it might be like to be in a 75-year-old body, replicating dexterity, flexibility, motor, and visual elements into a suit that can be worn by people of all ages.

3 Jan 2012

Bird flu updates

The latest bird flu virus that killed a 39-year-old bus driver in the southern Chinese city of Shenzhen over the weekend is not yet transmissible between humans, Chinese health authorities said. The man, who lived in Shenzhen just across the border from Hong Kong, died from multi-organ failure on Saturday, a week after being admitted to hospital with a fever brought on by the virus, state media reported.

3 Jan 2012

Regeneron, Genentech enter non-exclusive license and partial settlement agreement for EYLEA

Regeneron Pharmaceuticals, Inc. today announced that the Company has entered into a non-exclusive license and partial settlement agreement with Genentech, Inc., a member of the Roche Group relating to U.S. ophthalmic sales of EYLEA (aflibercept) Injection.

3 Jan 2012

Cutera to purchase assets of IRIDEX' global aesthetic business

Cutera, Inc. and IRIDEX Corporation today announced that the companies have entered into a binding agreement for Cutera to purchase certain assets of IRIDEX' global aesthetic business for approximately $5.1 million.

3 Jan 2012

Lundbeck invests in Ossianix to focus on biotherapeutics for CNS disorders

Ossianix, Inc. today announced a strategic investment by H. Lundbeck A/S in the form of a Convertible Promissory Note. The proceeds from Lundbeck's investment is expected to allow Ossianix to generate biopharmaceuticals for the treatment of nervous system disorders by utilizing Ossianix's proprietary single domain antibody platform modeled on the shark vNAR structure.

3 Jan 2012

The Scientist selects Aspect Imaging's M2 imaging platform as one of Top 10 Innovations of 2011

The Scientist today unveiled the Top 10 Innovations of 2011 and selected Aspect Imaging's M2™ compact high-performance MRI imaging system as one the winners of this award. The Scientist invited members of the life science community to submit descriptions of exciting tools that made an impact in research this year and asked a panel of expert judges to evaluate the technologies.

2 Jan 2012

New healthcare software for administration of medical history, clinical questionnaires

Practis, Inc., a distinguished healthcare web design firm, and Primetime Medical Software, the leading provider of patient interviewing technology, partnered to deliver Practis Forms—new healthcare software that allows practices to administer medical history and other clinical questionnaires securely through their current website.

31 Dec 2011

RBCC: 2012 could turn out to be better for the global biotechnology sector

With strong growth predicted for the biotech and pharmaceuticals industry in 2012, emerging biotech firm Rainbow Coral Corp. anticipates a prosperous new year ahead.

31 Dec 2011

Chengdu Tianyin receives approval for renewed High Tech Enterprise status

Tianyin Pharmaceutical Co., Inc., a pharmaceutical company that specializes in patented biopharmaceutical medicine, modernized traditional Chinese medicine, branded generics and active pharmaceutical ingredients today announced the approval of the Company's operating subsidiary, Chengdu Tianyin Pharmaceutical Co., Ltd's application for the renewal of its High Tech Enterprise Status in Chengdu, Sichuan Province of China.

30 Dec 2011

Research!America calls for stronger investment in medical research by elected officials

Research!America Chair John Edward Porter today called on elected officials to make a stronger investment in medical research in the new year to improve the health of Americans, maintain the nation's global competitiveness and boost the economy.

30 Dec 2011

Evolution recognizes RTI Biologics for achieving 98.7% equipment performance rating

RTI Biologics Inc., a leading provider of orthopedic and other biologic implants, was recognized in the 2011 fourth edition of Evolution magazine for achieving a 98.7 percent equipment performance rating for its facilities and processing equipment. Evolution magazine is published by SKF Group, a global company which provides condition monitoring to RTI.

29 Dec 2011

Healthcare scheduling exchange solution improves preventive services for managed care organizations

It's well known that many of America's most serious health problems—and their associated cost—can be reduced or eliminated through early detection. Yet after years of effort, more than 95% of every health dollar in the United States still goes to treatment rather than prevention, according to a publication of the Centers for Disease Control. Where is the disconnect?

29 Dec 2011

New initiative to detect cancers in earliest stages inside cells

A team of cancer imaging experts at Johns Hopkins has embarked on a five-year research initiative to speed development of early diagnostic tests and new treatments for breast, prostate and other common cancers.

29 Dec 2011

Powerful painkiller on its way to the market: Experts worry about addiction woes

Drug makers are on their way to a pure, more powerful version of the nation’s second most-abused medicine, which has addiction experts worried that it could spur a new wave of abuse. The new pills contain the highly addictive painkiller hydrocodone, packing up to 10 times the amount of the drug as existing medications such as Vicodin.

28 Dec 2011

FitnessBuilder now available on the Web

Working out just became a whole lot easier with PumpOne's 2012 personal training experience. Launching across all major platforms for both consumers and professionals, the state-of-the-art FitnessBuilder is now available on the Web at www.fitnessbuilder.com and the Android Market in addition to its already massively successful iOS app for iPhone, iPad, and iPod touch.

28 Dec 2011