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U. S. senators propose retinal scanning may serve as an identity proof

The configuration of retinal blood vessels is unique to each individual and cannot be altered, said Dr. Brian Proctor, an ophthalmologist at Gottlieb Memorial Hospital in Melrose Park, Il.

21 Apr 2010

Elan's first-quarter total revenue up by 27% to $310.5M

Elan Corporation, plc, today reported its first quarter 2010 financial results.

21 Apr 2010

CSI establishes $25M credit facility with Silicon Valley Bank

Cardiovascular Systems, Inc., announced today that it has established a $25 million credit facility with Silicon Valley Bank and up to $4 million in convertible debt with Partners for Growth. Proceeds will be used to consolidate existing outstanding debt, provide working capital for growth and for general corporate purposes.

21 Apr 2010

3M Littmann Model 3200 and Zargis Cardioscan software receive red dot design award

3M and Zargis Medical Corp., today announced that the 3M Littmann Electronic Stethoscope Model 3200 and the Zargis Cardioscan software recently received two industry awards for design and innovation: the "red dot: best of the best" award for product design, given by the Design Zentrum Nordrhein Westfalen, an internationally known design institution located in Essen, Germany, and the Medical Design Excellence Award, sponsored by Medical Device & Diagnostic Industry magazine.

21 Apr 2010

Early intervention therapy may improve language skills in children with hearing loss

Babies are being screened at birth for hearing loss in most (not all) provinces of Canada today. When identified early and given access to hearing technology and Auditory-Verbal Therapy the majority of children born with hearing loss today will learn to talk.

21 Apr 2010

Cloud computing solution may help treat cancer

Cloud services provided over grid technology are helping to treat cancer patients, thanks to an enormous effort by European researchers working closely with industry.

21 Apr 2010

Novel device transmits music and sound safely in-utero

The new Ritmo Advanced Pregnancy Sound System™ is giving pregnant women around the globe the comprehensive fitness solution that they have been looking for -- a comfortable and supportive pregnancy belt that provides a hands-free music listening experience for both mom and baby.

21 Apr 2010

Biomagnetics Diagnostics obtains handheld IOBS unit to detect pathogens

Biomagnetics Diagnostics Corp., a developer of revolutionary diagnostic systems and technology for HIV, hepatitis, tuberculosis and malaria detection, today announced it has received its first handheld integrated optical biosensor unit from Los Alamos National Security, LLC.

21 Apr 2010

DiscoveryBioMed awarded NIH SBIR Phase 1 grant to discover and develop anti-inflammatory phytochemicals

DiscoveryBioMed, Inc. (DBM) today announced that it has been awarded a $200,000 Small Business Innovations Research (SBIR) Phase 1 grant by the National Institutes of Health (NIH) to continue research into the discovery and development of anti-inflammatory phytochemicals to address complications associated with nasal and pulmonary inflammation, dermatitis, and kidney disorders with an inflammatory component.

21 Apr 2010

Warning on hearing loss from personal music players

For the generation that cannot imagine living without their iPods here is some bad news. Listening to music at high volume can cause grave damage to your hearing. The risk is even higher for those who use earphones that are inserted into the ear canal as this intensifies the volume. There is growing evidence of young people having poorer hearing when they use such devices on a regular basis.

21 Apr 2010

Johnson & Johnson' first-quarter 2010 sales increase 4.0% to $15.6 billion

Johnson & Johnson today announced sales of $15.6 billion for the first quarter of 2010, an increase of 4.0% as compared to the first quarter of 2009. Operational results declined 0.1% and the positive impact of currency was 4.1%.

21 Apr 2010

Liquidia Technologies adds PPD to Series C financing

Liquidia Technologies, a privately held biopharmaceutical company developing particle-based vaccines and therapeutics, announced today that it has added an additional investor, PPD, Inc., to its Series C financing. The final addition of PPD brings the total funding for this round to $25 million.

21 Apr 2010

MTBC acquires MABCO

MTBC announced today that it has successfully completed its acquisition of Medical Accounting and Billing, Inc., a medical billing company based in Helena, Montana.

21 Apr 2010

NuVasive reports 36.3% increase in first-quarter 2010 revenue

NuVasive, Inc., a medical device company focused on developing products for minimally disruptive surgical treatments for the spine, announced today financial results for the quarter ended March 31, 2010.

21 Apr 2010

AdvaMed Dx welcomes Siemens Healthcare Diagnostics as association's newest member

AdvaMed Dx, a division of the Advanced Medical Technology Association focused on topics affecting the in vitro diagnostics industry, is pleased to welcome Siemens Healthcare Diagnostics as the association's newest member. Donal Quinn, chief executive officer of Siemens Healthcare Diagnostics, has been appointed to the AdvaMed Dx Board of Directors.

21 Apr 2010

CorMedix receives patent for Neutrolin

CorMedix Inc., a pharmaceutical company focused on developing and commercializing therapeutic products for the treatment of cardiorenal disease, today announced that the U.S. Patent and Trademark Office has issued a patent for the use of Neutrolin for preventing infection and clotting in hemodialysis catheters.

21 Apr 2010

ForteBio introduces new Octet QK(e) instrumentation system

ForteBio®, Inc., a leading supplier of label-free technology that accelerates the development of biotherapeutic and pharmaceutical products, today announced the launch of its new Octet QK(e) instrumentation system. The new system, the next generation of the company's initial eight-channel Octet QK instrument, provides significantly increased sensitivity, enabling analysis of small proteins and peptides. Additionally, the Octet QK(e) system enables biosensors to be re-racked, for increased workflow flexibility and cost savings.

20 Apr 2010

Meridian Bioscience's second-quarter net sales down 6% to $31.1M

Net sales for the second quarter of fiscal 2010 were $31,147,000 as compared to $33,280,000 for the same period of the prior fiscal year, a decrease of 6%. Net earnings for the second quarter of fiscal 2010 were $5,980,000 or $0.15 per diluted share, decreases of 18% and 17%, respectively, compared to the second quarter of fiscal 2009. Diluted common shares outstanding for fiscal 2010 and 2009 were 41,177,000 and 41,133,000, respectively.

20 Apr 2010

Pharmacies launch Dispose My Meds campaign to help consumers safely dispose unused medications

Nearly 800 community pharmacies in 40 states are making it easier than ever for consumers to safely dispose of unused patient medications at their local pharmacy, the National Community Pharmacists Association and Sharps Compliance, Inc. announced today.

20 Apr 2010

Endosense releases TactiCath force-sensing ablation catheter

Endosense, a medical technology company focused on improving the efficacy, safety and reproducibility of catheter ablation for the treatment of cardiac arrhythmias, has announced the commercial release of its next generation TactiCath force-sensing ablation catheter. Recently granted CE mark and unveiled this month at the DGK 2010 - German Cardiac Society meeting in Mannheim, Germany, the second generation product includes an elegantly enhanced catheter along with a feature-rich supporting system called the TactiSys™.

20 Apr 2010