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Origin Agritech 2010 third quarter revenue decreases to $68.07 million

Origin Agritech Limited, a technology focused supplier of crop seeds in China, today announced unaudited financial results for the third quarter ended June 30, 2010. Origin prepares its financial statements in accordance with generally accepted accounting principles (GAAP) of the United States.

31 Aug 2010

Many public hospitals face increasingly pressures; Nonprofit hospitals face uncertain futures

The Wall Street Journal: "Faced with mounting debt and looming costs from the new federal health-care law, many local governments are leaving the hospital business, shedding public facilities that can be the caregiver of last resort. … More than a fifth of the nation's 5,000 hospitals are owned by governments and many are drowning in debt caused by rising health-care costs, a spike in uninsured patients, cuts in Medicare and Medicaid and payments on construction bonds sold in fatter times.

30 Aug 2010

St. Mary's Medical Center to implement ProVation Order Sets customizable authoring and management solution

Wolters Kluwer Health, a leading global provider of information for healthcare professionals and students, announced today that St. Mary's Medical Center has selected ProVation® Order Sets, powered by UpToDate® Decision Support, as the organization's electronic order set solution.

30 Aug 2010

Opinions: MDG progress; Drug patents; Aid for scientific research; Avoiding food crises; Hunger in India; U.S. commitments to PEPFAR, Global Fund

"Between the catastrophes of the Haiti earthquake and the Pakistan floods, there was actually some good news this spring on the global health front, which offers hope that the United Nations' ambitious Millennium Development Goals might not be at a standstill. Though a great deal remains to be done, all of us are living longer, fewer mothers are dying in childbirth, and fewer children are dying before school age," Eli Adashi, professor of medical science at Brown University, writes in Boston Globe editorial.

30 Aug 2010

Vision Facilities Management launches new 2-way communication interface with ECRI Institute

Vision Facilities Management Limited, a leading provider of integrated healthcare asset management software, announces the launch of a new two-way communication interface with ECRI Institute that will significantly improve the ability of hospital staff to manage medical device safety alerts and recalls.

30 Aug 2010

Also in Global Health News: GM mosquitoes; Iodine deficiency in Nepal; South African health workers strike; Novartis to build vaccine plant in Brazil; Population control in Niger

Malaysia is still "considering releasing" up to 3,000 mosquitoes that are genetically modified to "combat dengue fever, in a landmark field trial that has come in for criticism from environmentalists," Agence France-Presse reports. The insects are modified "so that their offspring quickly die," which researchers hope will cull the population and lessen the risk of dengue.

30 Aug 2010

Revolutions Medical seeks due recognition for RevVac vacuum operated auto retractable safety syringe

Revolutions Medical Corporation has notified the MDEA that there had been an error in awarding the Free Vac syringe the 2010 Medical Design Excellence Award when in fact Free Vac misrepresented ownership of the syringe. The syringe was actually Revolutions Medical Corporation's RevVac auto retractable safety syringe.

30 Aug 2010

Biomagnetics to acquire Lanzhou New Sunshine Plastics Industry

Biomagnetics Diagnostics Corp., a developer of revolutionary diagnostic systems and technology for HIV, hepatitis, tuberculosis and malaria detection, and other innovative technologies, today announced the signing of a Letter of Intent (LOI) with Lanzhou New Sunshine Plastics Industry LTD. This expected acquisition is the fourth planned acquisition targeted at a share price of US $1.50 for Biomagnetics Diagnostics' common shares.

30 Aug 2010

Health IT: New Medicaid rules, a race for meaningful use, fraud prevention

Instructions for state Medicaid directors to distribute some of the funding for electronic medical records through their programs beginning next year have been circulated by the federal Centers for Medicare & Medicaid Services, American Medical News reports. "The incentive program stipulates that the federal government will pay the full cost of Medicaid bonuses to eligible physicians who adopt certified EMR technology in a way that meets the government's 'meaningful use' criteria.

30 Aug 2010

BioMarin's BMN-701 receives FDA orphan drug designation for treatment of Pompe disease

BioMarin Pharmaceutical Inc. announced today that it has received orphan drug designation from the U.S. Food and Drug Administration (FDA) for BMN-701, a novel fusion of insulin-like growth factor 2 and alpha glucosidase (IGF2-GAA) in development for the treatment of Pompe disease. An investigational new drug application (IND) for BMN-701 has been submitted, investigational material has been manufactured and a Phase I/II study is expected to start in the first quarter of 2011.

30 Aug 2010

AMA supports recommended medical loss ratio rules

The American Medical Association and state medical societies are supporting a proposal by the National Association of Insurance Commissioners on what expenditures insurers can consider medical spending under the new health law.

30 Aug 2010

AMS enters 10-year contract to supply radiation therapy services at Hospital Santa Paula, Brazil

AMERICAN SHARED HOSPITAL SERVICES, a leading provider of turnkey technology solutions for advanced radiosurgical and radiation therapy services, announced today that it has entered into a ten-year contract to supply radiation therapy services at Hospital Santa Paula (HSP) in São Paulo, Brazil. AMS will place an advanced technology linear accelerator with IMRT capabilities at HSP, and is expected to begin treating patients in early 2012 in conjunction with the expected completion of a new comprehensive cancer center to be built by the hospital.

30 Aug 2010

Emdeon Commercial MedRx solution launched to make commercial medical claims process efficient

Emdeon Inc., a leading provider of healthcare revenue and payment cycle management solutions, today announced the launch of Emdeon Commercial MedRx, a specialized processing solution that enables retail pharmacies to submit commercial medical claims electronically to medical payers and health plans across the U.S.

30 Aug 2010

Otonomy announces closing of $38.5 million Series B financing

Otonomy, Inc. announced today that it has closed a $38.5 million Series B financing co-led by Novo Ventures and RiverVest Venture Partners, and joined by Domain Associates and TPG Biotech. This financing is incremental to the $10 million Series A closed with Avalon Ventures in June 2010. Avalon also participated in the Series B round.

30 Aug 2010

TDWI recognizes CRI as 2010 Best Practices Award Winner

QlikTech today announced that its customer, Centerstone Research Institute, has been recognized as a 2010 Best Practices Award Winner by The Data Warehousing Institute.

30 Aug 2010

Aptus Endosystems announces completion of $15M Series AA financing

Aptus Endosystems, Inc., a medical device company developing advanced technology for endovascular aneurysm repair, announced the completion of a $15 million Series AA financing. U.S. Venture Partners and Longitude Capital led the round in continuation of their commitment to Aptus' innovative technologies for the treatment of aortic aneurysms.

30 Aug 2010

IriSys signs business alliance agreement with Xcelience

IriSys and Xcelience have entered into a business alliance agreement to advance the ability to streamline access to CMC and regulatory expertise for North American pharmaceutical and biotechnology companies.

30 Aug 2010

Ebix signs merger agreement with A.D.A.M.

Ebix, Inc., a leading international supplier of On-Demand software and E-commerce services to the insurance industry, today announced that it has signed a merger agreement with Atlanta based A.D.A.M., Inc., a leading provider of health information and benefits technology solutions in the United States. Ebix will acquire A.D.A.M. on a debt-free basis for aggregate merger consideration of $66 million.

30 Aug 2010

Royal Philips Electronics launches new iE33 xMATRIX cardiac ultrasound system

Royal Philips Electronics today announced the enhanced iE33 xMATRIX cardiac ultrasound system featuring a new ergonomic solution for more efficient adult echocardiograms, the X5-1 transducer. With this enhanced technology, Philips continues its tradition of simplified, patient-focused healthcare solutions by providing a more complete imaging solution.

From Philips Healthcare 30 Aug 2010

Kopp Drug chooses Activant Eagle software platform to be business management, POS solution

Activant Solutions Inc., a leading provider of retail and distribution business management solutions, today announced that Kopp Drug Inc. has selected the Activant Eagle® software platform to be its business management and Point-of-Sale solution. Kopp executives selected the Activant Eagle solution to help them improve inventory management and add operational efficiencies.

30 Aug 2010

Technology News and Research

Origin Agritech 2010 third quarter revenue decreases to $68.07 million

Many public hospitals face increasingly pressures; Nonprofit hospitals face uncertain futures

St. Mary's Medical Center to implement ProVation Order Sets customizable authoring and management solution

Opinions: MDG progress; Drug patents; Aid for scientific research; Avoiding food crises; Hunger in India; U.S. commitments to PEPFAR, Global Fund

Vision Facilities Management launches new 2-way communication interface with ECRI Institute

Also in Global Health News: GM mosquitoes; Iodine deficiency in Nepal; South African health workers strike; Novartis to build vaccine plant in Brazil; Population control in Niger

Revolutions Medical seeks due recognition for RevVac vacuum operated auto retractable safety syringe

Biomagnetics to acquire Lanzhou New Sunshine Plastics Industry

Health IT: New Medicaid rules, a race for meaningful use, fraud prevention

BioMarin's BMN-701 receives FDA orphan drug designation for treatment of Pompe disease

AMA supports recommended medical loss ratio rules

AMS enters 10-year contract to supply radiation therapy services at Hospital Santa Paula, Brazil

Emdeon Commercial MedRx solution launched to make commercial medical claims process efficient

Otonomy announces closing of $38.5 million Series B financing

TDWI recognizes CRI as 2010 Best Practices Award Winner

Aptus Endosystems announces completion of $15M Series AA financing

IriSys signs business alliance agreement with Xcelience

Ebix signs merger agreement with A.D.A.M.

Royal Philips Electronics launches new iE33 xMATRIX cardiac ultrasound system

Kopp Drug chooses Activant Eagle software platform to be business management, POS solution

Evaluating new approaches for rare disease genomics

Expanding access to NMR with the Fourier 80 Duo

Advancing Intracellular Delivery with LumiPore®

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