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Healthline Networks raises $14M through third round of financing led by IGC

Healthline Networks, the leading provider of intelligent health information services, today announced that it has raised $14 million in a third round of financing led by Investor Growth Capital (IGC), the wholly owned venture capital arm of Investor AB (Investor). The round also includes strategic financing from GE/NBC Universal's Peacock Equity Fund, a joint venture between GE Capital's Media, Communications & Entertainment business and NBC Universal and Reed Elsevier Ventures.

28 Apr 2010

3M first-quarter worldwide sales up 25% to $6.3 billion

3M today reported first-quarter earnings of $1.29 per share on sales of $6.3 billion. Operating income margins were 22.8 percent, up 7 percentage points year-on-year. Sales and per-share earnings increased 24.7 percent and 74.3 percent, respectively, versus the first quarter of 2009.

27 Apr 2010

Campaign for Better Care focuses on older adults with multiple health problems

"Will you help her?" That's the question the Campaign for Better Care, led by the National Partnership for Women & Families, Community Catalyst and the National Health Law Program, is asking policymakers today in new print and banner ads running in The Hill, Politico and Roll Call.

15 Apr 2010

NHeLP launches the Campaign for Better Care

To ensure health reform works for those with the most at stake, the National Partnership for Women & Families, Community Catalyst and the National Health Law Program today launched the Campaign for Better Care, a multi-year initiative that will focus on improving health care quality, coordination and communication for older patients with multiple health problems and their family caregivers.

8 Apr 2010

Health care reform bill includes provisions for MTM programs, says Arcadia Resources

Arcadia Resources, Inc., a leading provider of innovative consumer health care services under the Arcadia HealthCare(SM) and DailyMed Pharmacy program, today announced the healthcare reform bill advanced in the U.S. House of Representatives on March 21st contains important provisions related to medication therapy management (MTM) including a series of grant and pilot programs.

25 Mar 2010

Hercules Technology Growth Capital commits over $52.0M in structured debt financing

Hercules Technology Growth Capital, Inc., the leading specialty finance company providing venture debt and equity to venture capital and private equity-backed technology and life science companies at all stages of development, today announced that it has committed over $52.0 million in structured debt financing to new and existing portfolio companies.

19 Mar 2010

Unani.ca consumer-minded PEHR now available in Canadian marketplace

The McGill University Health Centre announced today that anyone with an Internet access and a desire to manage his or her health and well-being can now subscribe to Unani.ca. Co-developed with Quebec-owned Medical.MD, Unani.ca is the first consumer-minded personal electronic health record (PEHR) in the Canadian marketplace that combines the expertise of a world-class academic health centre with that of award-winning information-technology developers.

16 Mar 2010

Sanofi-aventis completes Chattem acquisition

Sanofi-aventis announced today that it has completed its acquisition of 100% of Chattem, Inc., which is now a wholly-owned subsidiary of the sanofi-aventis Group.

12 Mar 2010

Stay true to the original goals of reform, says Kelsey-Seybold Clinic MD

The national health care debate is far from over. Days removed from his televised national health care forum, President Obama is calling for an "up or down" vote on the measure within the next few weeks.

10 Mar 2010

Cantimer, Advanced Instruments announce license and product development agreement

Cantimer, Inc., and Advanced Instruments, Inc. today jointly announced that the two companies had signed a license and product development agreement. Under the terms of the license agreement, Advanced Instruments received an exclusive license to Cantimer's unique sensor technology for select applications in the biotech market.

23 Feb 2010

FDA warns about drug mix-ups; drug maker agrees to name change to avoid confusion

The U.S. Food and Drug Administration today warned consumers about the potential for serious side effects from mistakenly using Maalox Total Relief instead of other Maalox products. The two products are intended for the relief of different symptoms and contain different active ingredients.

18 Feb 2010

Physicians of New York Walk In Medical Group open new center in New York City

The physicians of New York Walk In Medical Group, PC, are opening the doors today at the fifth "DR Walk-In Medical Center" in a Duane Reade Pharmacy in New York City. The "Doctor on Premises" center will open at 10:00 a.m. at the new Duane Reade at 17th Street and Eighth Avenue in the Chelsea section of Manhattan.

17 Feb 2010

StayWell Consumer Health Publishing to feature consumer health information in Pathway Genomics Genetic Health Report

Pathway Genomics™ (www.PATHWAY.com), a privately held, venture-backed company today announced an agreement with StayWell Consumer Health Publishing to feature a robust suite of consumer health information in Pathway’s Genetic Health Reports.

17 Feb 2010

Merck announces global sales of $27.4 billion for full-year 2009

Merck & Co., Inc. today announced financial results for the fourth quarter and the full year of 2009 which include the results of legacy Schering-Plough operations from the close of the merger on Nov. 3, 2009 through Dec. 31, 2009.

16 Feb 2010

Martek Biosciences completes the acquisition of Amerifit Brands from Charterhouse Group

Martek Biosciences Corporation announced today that it has completed the purchase of Amerifit Brands, Inc. from Charterhouse Group, Inc. in an all-cash transaction valued at approximately $200 million. The acquisition was previously announced January 21, 2010.

15 Feb 2010

sanofi-aventis reports 2009 fourth-quarter and full-year net earnings

Commenting on the Group's 2009 performance, sanofi-aventis Chief Executive Officer Christopher A. Viehbacher said, "2009 was the first year of implementation of our new strategy. Major steps have already been achieved in strengthening our growth platforms and reinforcing our R&D pipeline while delivering a double-digit EPS(1) growth".

10 Feb 2010

State policy developments: Iowa seeks to extend birth control coverage; Minn. eyes more health care for poor; Miss. drug settlement

BusinessWeek: "Mississippi will receive $18.5 million from drug maker Eli Lilly and Co. as part of a settlement over claims the company promoted the anti-psychotic Zyprexa for ailments it was not federally approved to treat, Attorney General Jim Hood said Thursday" (Byrd, 2/4).

6 Feb 2010

Stigma and social stereotyping of obesity impacts individuals' beliefs and behaviours

A Monash University-led nationwide study into the health beliefs and behaviours of obese people has found that the more severely obese a person is, the less likely they feel they can reduce their weight.

6 Feb 2010

Third-quarter fiscal 2010 results announced by Arcadia Resources

Arcadia Resources, Inc., a leading provider of innovative consumer health care services under the Arcadia HealthCare(SM) brand, today announced net revenues of $26.1 million and a net loss of $3.2 million, or $0.02 per share for the fiscal third quarter ended December 31, 2009.

5 Feb 2010

Mike Critelli introduces Allviant’s CarePass technology at CHVI event

Dossia Chairman Mike Critelli, a recognized innovator in health benefits and workforce wellness, introduced Allviant Corporation’s CarePass™ technology at the Center for Health Value Innovation (CHVI) event on February 2 in Washington, D.C.

4 Feb 2010