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IMGG's first-quarter 2010 revenues decrease 18%: MicroStockProfit.com

MicroStockProfit.com announces an investment report featuring Imaging3 Inc. The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.

3 Jun 2010

Ocutec receives further equity investment of £500K from existing investors

Ocutec Ltd, the Lanarkshire-based medical devices company, today announced that it had received a further equity investment of £500K from existing investors Discovery Investment Fund Limited, Chimaerabio, Scottish Enterprise Co-investment Fund and company founders.

3 Jun 2010

Medtronic spent $1.07 million in first-quarter lobbying

Medical device giant Medtronic spent $1.07 million in the first quarter of the year to lobby Congress, including on health issues such as a provision of the new overhaul law that will extract up to $3 billion a year in fees from device makers, The Associated Press/Bloomberg Businessweek reports.

3 Jun 2010

Biomoda, Obio sign MOU to establish CLIA-certified clinical laboratory in Ohio

Cancer diagnostics company Biomoda, Inc. and Obio, a corporation formed to pursue public and private funding for cancer research in Ohio, signed a memorandum of understanding to establish a CLIA-certified Biomoda clinical laboratory in Ohio to support ongoing research and development on Biomoda's porphyrin-based assay for the detection of early-stage cancer.

2 Jun 2010

SAGES issues new practice guideline for surgical treatment of GERD

BARRX Medical Inc., a leader in the development of minimally invasive medical devices designed to remove precancerous tissue from within the gastrointestinal tract, reported today that the Society of American Gastrointestinal and Endoscopic Surgeons has issued a new practice guideline for the surgical treatment of gastroesophageal reflux disease. Left untreated, reflux of stomach contents such as acid and bile into the esophagus in GERD patients often leads to injury and chronic inflammation of the lining of the esophagus.

2 Jun 2010

SOFAR licenses Immersion's TouchSense haptics technology for use in ALF-X telesurgical robot system

Immersion Corporation, the leading developer and licensor of haptics technology, today announced that SOFAR S.p.A., a leading Italian manufacturer of medical devices for minimally invasive surgery, has obtained a license to Immersion's TouchSense haptics technology for use in its ALF-X (Advanced Laparoscopy through Force Reflection) telesurgical robot system.

2 Jun 2010

Neuro Kinetics renews independent sales representation relationship with Kwangwoo Medix

Neuro Kinetics, Inc., manufacturers of noninvasive medical diagnostic equipment used worldwide to test for vestibular and neurological dysfunctions, said today that it has renewed its independent sales representation relationship with Kwangwoo Medix, Inc., a leading Korean specialty medical device distributor.

2 Jun 2010

MSI Surgical Solutions adds three new autoclaves to expand ETO sterilization capabilities

MSI Surgical Solutions, an Empire Investment Holdings company, announced today that it has expanded its ETO (Ethylene Oxide) sterilization capabilities through the addition of three new autoclaves. ETO machines are critical in the sterilization of both disposable and reusable items made of rubber or paper products, items that are sensitive to heat or moisture and medical device components including probes, scopes, tubes, cords, wires and leads.

2 Jun 2010

Medtronic discloses payments, mostly royalties, to doctors

The Wall Street Journal: "Medical-device maker Medtronic Inc. disclosed that it made payments of more than $15.7 million in royalties and consulting fees to U.S. doctors in the first quarter, the first time the big Minneapolis company has provided such details. In making the voluntary disclosure, Medtronic is stepping ahead of requirements of a new federal law mandating such publication by 2013.

2 Jun 2010

Encision enters into purchasing agreement with HealthTrust

Encision Inc., a medical device company owning patented surgical technology that is emerging as a standard of care in minimally-invasive surgery, announced today that it has entered into a purchasing agreement with HealthTrust Purchasing Group, LP, effective June 1, 2010.

2 Jun 2010

NanoPowers announces closing of CHF 5 million series A financing

NanoPowers SA, a medical device company that leverages its unique artificial muscle technology to restore or improve muscle function, today announced the closing of a CHF 5 million ($4.5 million) series A financing. The financing round was led by Novartis Venture Funds. Also participating in the financing were Initiative Capital Romandie and Gran Plasa SA.

1 Jun 2010

First Edition: June 1, 2010

A number of today's headlines focus on the continuing role of health reform in national political calculations and strategies.

1 Jun 2010

PAREXEL International establishes new brand identity "Right Where You Need Us"

PAREXEL International Corporation, a leading global biopharmaceutical services provider, today announced that it has established the new brand identity "Right Where You Need Us," which reflects various transformation initiatives focused on meeting the diverse requirements of the Company's clients.

From Parexel 1 Jun 2010

OrthoDynamix releases disposable biter for meniscal shoulder, knee repair

OrthoDynamix announces a line extension to their sports medicine portfolio. The ArthroSteer Biter is the first ever disposable biter used for meniscal shoulder and knee repair. A sharp jaw for every procedure affords the ultimate tissue interaction. Moreover, the Biter is steerable, allowing access to and around joint capsule structures.

1 Jun 2010

Ingen CEO discusses new IngenCare product in interview

Ingen Technologies, Inc.is an established medical device manufacturer with an emerging new medical product line targeting the rapidly growing $8 billion global respiratory market. The company recently announced that the pre-recorded interview from Wednesday with CEO, Scott Sand, will be aired again on The Money Channel's American Scene Radio with host Steve Crowley today at 11:24 AM Eastern Daylight Time.

29 May 2010

Misonix announces sale of all rights to HIFU technology, HIFU related assets to USHIFU

Misonix, Inc., a developer of minimally invasive ultrasonic medical device technology, which is used in Europe for the ablation of tumors and worldwide for acute health conditions, today announced the sale to USHIFU, LLC of all of the rights to the High Intensity Focused Ultrasound technology previously obtained from Focus Surgery, Inc., a wholly owned subsidiary of USHIFU, together with other HIFU related assets.

29 May 2010

Clinical abstracts on Urologix' Cooled ThermoTherapy selected for presentation at AUA's GUS meeting

Urologix®, Inc., a medical device company that develops, manufactures and markets minimally invasive Cooled ThermoTherapy™ technology to urologists to provide a durable and effective in-office treatment for patients suffering from benign prostatic hyperplasia (BPH), announced the selection of two clinical abstracts for podium presentation at the American Urological Association (AUA) 2010 Annual Meeting's sub-specialty society, the Geriatric Urological Society (GUS) meeting.

29 May 2010

FDA approves Cysview for detection of non-muscle-invasive papillary cancer of bladder

GE Healthcare, a unit of General Electric Company, today announced that the US Food and Drug Administration has approved Cysview (hexaminolevulinate HCl) for the detection of non-muscle-invasive papillary cancer of the bladder in patients with known or suspected bladder cancer.

29 May 2010

US HIFU acquires Sonatherm 600 medical device from Misonix

USHIFU, LLC (US HIFU), a world leader in minimally invasive high intensity focused ultrasound (HIFU) technologies and manufacturer of the Sonablate® 500 (Sonablate) medical device, announces the acquisition of certain Misonix HIFU assets and European distribution rights. In addition, through its transaction with Misonix, US HIFU acquires the Sonatherm® 600 medical device, a laparoscopic HIFU system used to ablate certain soft tissues.

29 May 2010

Orthopedic surgeons plan to reduce usage of metal-on-metal hip implants: Survey

Millennium Research Group (MRG), the global authority on medical technology market intelligence, finds that 25% of the 150 orthopedic surgeons surveyed in its newest Physician Forum publication plan to reduce their usage of metal-on-metal hip implants over the next twelve months.

28 May 2010