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Inova Labs completes $10 million Series A Preferred Stock financing

Inova Labs, Inc. of Austin, Texas announced today the closing of the private placement of shares of its Series A Preferred Stock. The placement went to investment funds affiliated with Three Arch Partners, based in Silicon Valley, California. Inova received gross proceeds of $10.0 million from the equity financing, which will be used for nationwide and international sales expansion of its LifeChoice® portable oxygen concentrator product line, continuation of next stage developments, and working capital.

20 May 2010

ImaginAb, GSK CIC conclude two research collaboration agreements

ImaginAb, Inc. and the GSK Clinical Imaging Centre (part of the GlaxoSmithKline Group of Companies) have concluded two research collaboration agreements around a clinical therapeutic antibody asset currently under development by GSK in the field of oncology.

20 May 2010

Medtronic commences treatment in RESCUE trial of Valiant Thoracic Stent Graft with Captivia Delivery System

Further demonstrating its commitment to proving the benefits of minimally-invasive procedures, Medtronic, Inc., today announced that the first patient has been treated with the company's Valiant® Thoracic Stent Graft with the Captivia Delivery System in Medtronic's RESCUE Clinical Study.

20 May 2010

FDA grants 510(k) market clearance for EraGen's MultiCode-RTx HSV 1&2 Kit

EraGen Biosciences Inc. today announced that the U.S. Food and Drug Administration (FDA) has granted 510(k) market clearance for EraGen's MultiCode®-RTx HSV 1&2 Kit.

20 May 2010

maxIT Healthcare, Ingenuity Solutions Group enter definitive agreement to merge

maxIT Healthcare, LLC and Ingenuity Solutions Group, Inc. announced today that they have entered into a definitive agreement, under which the companies will be combined as maxIT Healthcare. The combined company is now better positioned to extend its presence throughout the healthcare IT professional services market, particularly in the area of Enterprise Resource Planning (ERP) system solutions.

19 May 2010

Rosetta Genomics announces publication of study on discovery of microRNAs in solid tumors

Rosetta Genomics, Ltd., a leading developer and provider of microRNA-based molecular diagnostic tests, announces the publication of a study entitled, "Discovery of microRNAs and other small RNAs in solid tumors," in the online edition of Nucleic Acid Research.

19 May 2010

Pantai to implement Stockell Healthcare's InsightCS Patient Access and Revenue Cycle Management solution

Stockell Healthcare Systems, Inc. is pleased to announce that Pantai Holdings Berhad (Pantai) has chosen to implement its InsightCS® Patient Access and Revenue Cycle Management solution across a 10-hospital network located in Malaysia.

19 May 2010

SBANE recognizes Isis Biopolymer with 2010 Rising Star Award

Isis Biopolymer has been awarded the 2010 Rising Star Award by SBANE (Smaller Business Association of New England). The Rising Star is a coveted annual award that honors innovative products and services offered by early-stage companies in New England.

19 May 2010

Promosome signs technology license and partnership agreement with Recopharma AB of Stockholm

Promosome LLC, a biotechnology company uniquely dedicated to the development of technologies related to the regulation of protein synthesis through translation initiation, today announced the signing of a technology license and partnership agreement with Recopharma AB of Stockholm, Sweden. Recopharma is a recognized leader in the research and development of therapeutic recombinant mucin-type fusion proteins.

19 May 2010

BBSRC, EPSRC fund £1.5M for synthetic biology projects under EuroSYNBIO Programme

Four new projects, announced today, will develop biological methods that offer a new approach to antibiotic production, power generation for extremely small mechanical components, new classes of medicines and innovative techniques to study cell biology.

19 May 2010

NeoStem, Vatican's Pontifical Council collaborate to expand raise awareness of adult stem cell therapies

NeoStem, Inc.,, an international biopharmaceutical company with operations in the US and China, and the Vatican's Pontifical Council for Culture, today announced a joint initiative that includes their charitable organizations to expand research and raise awareness of adult stem cell therapies.

19 May 2010

eMedonline telemonitoring system developed to help patients transition from inpatient to outpatient setting

A clinical study is underway at Nyack Hospital to evaluate the use of cellphone-based technology to monitor medication adherence in discharged heart failure patients. The study is using the eMedonline telemonitoring system developed by Leap of Faith Technologies to help patients transition from the inpatient to outpatient setting.

19 May 2010

Study presents new technique that makes drug testing possible through exhaled air

A new study from the Swedish medical university Karolinska Institutet presents a new technique that makes drug testing possible through exhaled air for the first time. By examining people who had received emergency care for an amphetamine overdose, the researchers found that in all cases there were traces of amphetamine and metamphetamine in the exhaled breath.

19 May 2010

New book on history and future of medical technology

Some health care reform advocates complain that physicians rely too much on expensive technology. Published by Telescope Books, The History and Future of Medical Technology shows that today's medical technologies are worth every penny—saving lives, improving patients' quality of life, and helping doctors diagnose diseases during the earliest, most treatable stages.

19 May 2010

Pearl Therapeutics presents data supporting development of PT003 combination bronchodilator product

Pearl Therapeutics Inc., a company developing clinically differentiated double and triple combination therapies for the treatment of highly prevalent chronic respiratory diseases, presented results from four studies that provide support for further development of PT003, the company's fixed dose combination of glycopyrrolate and formoterol delivered via a pressurized hydrofluoroalkane metered dose inhaler (HFA-MDI).

19 May 2010

Tel Aviv University researcher develops tool to measure tissue damage in bed-ridden, paralyzed patients

There's currently no reliable tool to help prosthetic developers fit artificial limbs without ensuing discomfort or pain, or tell medical personnel when bed-ridden patients need to be moved to avoid bedsores and other problems.

19 May 2010

Neuro Kinetics releases new version of VEST control and analysis software

Neuro Kinetics, Inc., manufacturers of noninvasive medical diagnostic equipment used worldwide to test for neuro-otologic, vestibular and neurological dysfunctions, said today that it has released version 6.8 of its VEST control and analysis software.

19 May 2010

New test to detect HBV receives regulatory approval for use in the European Union

An inexpensive new test for the detection of Hepatitis B virus has been given regulatory approval for use in the European Union. The test, developed with support from the Wellcome Trust, delivers accurate results while-you-wait, enabling doctors to take immediate action on health decisions.

19 May 2010

Market for telehealth and home health monitoring to grow up to $7.7 billion by 2012: Survey

AMERICAN TELEMEDICINE ASSOCIATION ANNUAL MEETING - Health care delivery in the United States will undergo dramatic changes over the next 10 years through the adoption of telehealth, according to a national survey of health care and information technology professionals sponsored by Intel Corporation.

19 May 2010

Lentigen receives NIH STTR grant for Hunter syndrome lentiviral gene therapy

Lentigen Corporation, a biotechnology company specializing in the development and manufacture of lentiviral gene delivery technologies, announced today that it has received a National Institutes of Health (NIH) small business technology transfer (STTR) grant for a program on "Lentiviral Gene Therapy for Mucopolysaccharidosis."

19 May 2010

Technology News and Research

Inova Labs completes $10 million Series A Preferred Stock financing

ImaginAb, GSK CIC conclude two research collaboration agreements

Medtronic commences treatment in RESCUE trial of Valiant Thoracic Stent Graft with Captivia Delivery System

FDA grants 510(k) market clearance for EraGen's MultiCode-RTx HSV 1&2 Kit

maxIT Healthcare, Ingenuity Solutions Group enter definitive agreement to merge

Rosetta Genomics announces publication of study on discovery of microRNAs in solid tumors

Pantai to implement Stockell Healthcare's InsightCS Patient Access and Revenue Cycle Management solution

SBANE recognizes Isis Biopolymer with 2010 Rising Star Award

Promosome signs technology license and partnership agreement with Recopharma AB of Stockholm

BBSRC, EPSRC fund £1.5M for synthetic biology projects under EuroSYNBIO Programme

NeoStem, Vatican's Pontifical Council collaborate to expand raise awareness of adult stem cell therapies

eMedonline telemonitoring system developed to help patients transition from inpatient to outpatient setting

Study presents new technique that makes drug testing possible through exhaled air

New book on history and future of medical technology

Pearl Therapeutics presents data supporting development of PT003 combination bronchodilator product

Tel Aviv University researcher develops tool to measure tissue damage in bed-ridden, paralyzed patients

Neuro Kinetics releases new version of VEST control and analysis software

New test to detect HBV receives regulatory approval for use in the European Union

Market for telehealth and home health monitoring to grow up to $7.7 billion by 2012: Survey

Lentigen receives NIH STTR grant for Hunter syndrome lentiviral gene therapy

Industry Focus eBook - Cell biology (5th edition) eBook

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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