Technology News and Research

RSS

Tricare may raise fees; VA Medical Center uses telemedicine to trim costs

"Of nearly 4.5 million military retirees and their families, about three-quarters are estimated to have access to health insurance through a civilian employer or group. But more than two million of them stay on Tricare," the military's lifetime health insurance program, The New York Times reports. Enrollment in Tricare, which costs less than what many private employers ask for in premiums, is expected to grow "as the costs of private health care continue to climb."

29 Nov 2010

FDA approves Axiron topical solution CIII for testosterone replacement therapy in men

Acrux , a drug delivery company that develops and commercializes patented pharmaceutical products for global markets, and Eli Lilly Company today announced that the United States Food and Drug Administration (FDA) has approved the Axiron® topical solution CIII for testosterone replacement therapy in men. Axiron is the first testosterone topical solution approved for application via an underarm applicator.

29 Nov 2010

SuperSonic Imagine receives €19 million from historical investors

SuperSonic Imagine's historical investors, Edmond de Rothschild Investment Partners, Auriga Partners, Crédit Agricole Private Equity, NBGI Ventures, BioAm (managed by CDC Entreprises), Wellington Partners and IXO Private Equity, reiterated their strong support through a combined investment of €19 million in this round.

29 Nov 2010

Transgenomic signs definitive agreement to acquire diagnostic business of Clinical Data

Transgenomic, Inc. announced today the signing of a definitive agreement for Transgenomic to acquire the diagnostic business of Clinical Data, Inc. This acquisition includes a suite of proprietary genetic commercial tests, certain proprietary biomarker assays, and the CLIA-certified laboratory operations of Clinical Data for a purchase price of approximately $15.4 million, primarily in cash and notes.

29 Nov 2010

Zalicus to highlight A2A agonist oncology programs at ASH Annual Meeting

Zalicus Inc. announced today that preclinical data on its discovery of novel A2A agonist oncology programs for the treatment of multiple myeloma and other B-cell malignancies will be highlighted at the 52nd Annual Meeting of the American Society of Hematology in Orlando, FL on December 4-7, 2010.

29 Nov 2010

Birmingham Institute performs non-invasive skin tightening procedure

With the increasing demand for non-surgical aesthetic procedures, the FDA's recent clearance of an ultrasound device to tighten sagging skin has come as great news to consumers, especially those in Southeast Michigan, home to one of the first of these Ulthera Systems in the nation.

29 Nov 2010

GlobalNet Services awarded $6.2M contract to support Agency Wide Business Objects Support project

GlobalNet Services, Inc., a premier information technology provider for businesses and the Federal government, today announced that it was awarded a $6.2 million contract to support the U.S. Food and Drug Administration's (FDA) Agency Wide Business Objects Support (AWBOS). Under this five-year contract, which includes one base year and four option years, GlobalNet Services will support an Agency-wide SAP Business Objects implementation to report, manage and maintain public health information.

29 Nov 2010

MEDRAD launches VirtualCARE solution for Intego PET Infusion System

MEDRAD, Inc. a business of Bayer HealthCare, today announces the U.S. launch of VirtualCARE®, for the MEDRAD Intego™ PET Infusion System. VirtualCARE is a technology platform that allows MEDRAD to remotely support maintenance and system updates securely over the internet.

29 Nov 2010

Wolters Kluwer Health subsidiary to acquire Pharmacy OneSource

Wolters Kluwer Health today announced that one of its wholly- owned subsidiaries has entered into an agreement to acquire Pharmacy OneSource, a leading healthcare Software-as-a-Service (SaaS) provider that helps hospitals manage the complex challenges of patient safety, compliance and efficiency. The transaction will allow Wolters Kluwer Health to extend its Clinical Decision Support (CDS) solutions into the hospital pharmacy market and will further strengthen the company's leadership position in the growing point-of-care market.

29 Nov 2010

IMRISneuro sold to Dartmouth-Hitchcock Medical Center

IMRIS Inc. today announced the sale of IMRISneuro to Dartmouth-Hitchcock Medical Center ("DHMC") in Lebanon, New Hampshire.

29 Nov 2010

DR Systems ranked leading PACS vendor for large hospitals

DR Systems, one of the most respected names in healthcare information systems, has been recognized by KLAS as the leading PACS vendor for large hospitals.

29 Nov 2010

Weikang anticipates $71 - $82 million revenue for fiscal 2011

Weikang Bio-Technology Group Co., Inc., a leading developer, manufacturer and marketer of Traditional Chinese Medicine (TCM), Western prescription and OTC pharmaceuticals and other health and nutritional products in the People's Republic of China, today announced that for fiscal 2011, the Company expects revenue to be in the range of $71 to $82 million, net profit to be $27 to $31 million and earnings per share to be $0.97 to $1.12, based upon 28 million shares outstanding.

29 Nov 2010

Varian to launch novel X-ray tube and flat panel technology at RSNA 2010

Varian Medical Systems will introduce innovative new X-ray tube and flat panel technology at the annual meeting of the Radiological Society of North America (RSNA) in Chicago from Nov 28 – Dec 02.

29 Nov 2010

ZONARE announces 11th software release for z.one ultrasound platform at RSNA 2010

ZONARE Medical Systems, Inc., a developer of high-end ultrasound solutions, today announced a new software release for its z.one ultrasound platform here at the 96th Annual Meeting of the Radiological Society of North America (RSNA), Nov. 28 – Dec. 3, 2010. Designed to continually improve image quality and system performance, the 11th software release in six years also includes new advanced software applications and transducers which further expands the clinical utility of the z.one system in radiology, obstetric and vascular imaging.

29 Nov 2010

Ziosoft announces launch of PhyZiodynamic solutions at RSNA 2010

Ziosoft, Inc., a leader in functional visualization and analytics, will launch its PhyZiodynamic solutions at the Radiology Society of North America (RSNA) being held November 28 – December 3, 2010 in Chicago. PhyZiodynamic solutions represent a generational leap in advanced visualization.

29 Nov 2010

DICOM Grid releases ImageCare scalable cloud computing platform for medical imaging management

DICOM Grid, provider of a cloud-based platform for medical imaging management, today announced the general availability of DICOM Grid™ ImageCare™, the first secure, scalable cloud computing platform that makes searching, sharing and exchanging medical images as easy as using consumer web applications such as Google, Facebook and iTunes.

29 Nov 2010

USPTO awards Immunitor key patent for viral vaccine

Immune Network Ltd., advises that its potential acquisition, Immunitor USA Inc., has been issued a key patent by the U.S. Patent and Trademark Office (USPTO).

29 Nov 2010

Micell initiates enrollment in DESSOLVE I clinical trial of MiStent DES

Micell Technologies,™ Inc. today announced it has enrolled at Mercy Hospital in Auckland, New Zealand, the first patient in DESSOLVE I (DES with Sirolimus and a bioabsorbable pOLymer for the treatment of patients with de noVo lEsions in the native coronary arteries), a first-in-human clinical trial of the company's investigational MiStent™ Drug Eluting Coronary Stent System (MiStent DES).

29 Nov 2010

Teleflex to sell Telair's Actuation business to TransDigm

Teleflex Incorporated, a leading global provider of medical technology products, today announced that it has entered into a definitive agreement to sell the Actuation business of its subsidiary Telair International Incorporated to TransDigm Group, Incorporated (NYSE: TDG) for approximately $94 million. The transaction is subject to receipt of Hart-Scott-Rodino approval and other customary closing conditions and is expected to close by the end of 2010.

29 Nov 2010

Toshiba to showcase episode-based care solutions at RSNA annual meeting

Containing costs while delivering high-quality, effective care is a directive of healthcare reform. With episode-based care as part of the reform mandate, many healthcare providers are uncertain about its effect on both patient outcomes and their bottom-line. Toshiba America Medical Systems, Inc. is partnering with leading healthcare providers to develop solutions to address episode-based care by effectively utilizing patient-focused imaging technology and a multidisciplinary collaborative approach to treatment.

29 Nov 2010