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Pharmabcine raises funds to develop therapeutic antibodies in the area of cancer and inflammation

PharmAbcine, a specialized biotech company focused on the development of fully-human monoclonal antibodies for the treatment of cancer and inflammatory diseases, announced that is has received $6 million USD in a Series A financing. OrbiMed's Caduceus Asia Partners and Novartis Korea Venture Fund co-led the round, with additional participation from an international syndicate including Green Cross, Tong Yang and Saehan Venture Fund.

17 Sep 2009

Findings may lead to drugs that destroy TB in dormant stage of lifecycle

Attempts to eradicate tuberculosis (TB) are stymied by the fact that the disease-causing bacteria have a sophisticated mechanism for surviving dormant in infected cells. Now, a team of scientists led by researchers from Weill Cornell Medical College has identified compounds that inhibit that mechanism -- without damaging human cells.

17 Sep 2009

Speaker Pelosi remarks on benefits for children in health insurance reform

Speaker Nancy Pelosi delivered remarks at an event for the Children's Health Fund this afternoon on the West Front Lawn of the Capitol to raise awareness for the more than 21 million children who will benefit from health insurance reform.

17 Sep 2009

FDA provides 510(k) marketing clearance for the FlexStent Biliary Self Expanding Stent System

Flexible Stenting Solutions Inc. (“FSS”), a leading developer of next generation peripheral arterial and biliary stents, received 510(k) clearance for the FlexStent® Biliary Self Expanding Stent System.

17 Sep 2009

ACS receives grant to develop next generation of alcohol sensing technology

Alcohol Countermeasure Systems Corp (ACS) has been awarded a $3.15 million grant from the Ontario Ministry of Economic Development and Trade for the development of next generation alcohol sensing technology over the next four years

17 Sep 2009

eMed-Trac live instant tracking device launched

eMed-ID, the world's first emergency medical information device franchise, announced today the launch of eMed-Trac, a live instant tracking device designed for people with Alzheimer's, dementia and other cognitive impairments, or children who need to be closely supervised by parents for medical or other reasons.

16 Sep 2009

Cryosurgery: Primary treatment option for prostate cancer

After years of innovation and intensive research, a team of Binghamton University (BU) researchers working with Cell Preservation Services, Inc., Owego, NY has broken extraordinary new ground in the recognition of cryosurgery as a primary treatment option for prostate cancer.

16 Sep 2009

NCR offers DigitalPersona's U.are.U 4500HD fingerprint sensor

DigitalPersona, Inc., a leader in fingerprint identity and authentication solutions, today announced that NCR Corporation is now offering DigitalPersona's U.are.U 4500HD "heavy duty" fingerprint sensor as an option on NCR's next-generation integrated point-of-sale (POS) workstation, the NCR RealPOS 70XRT.

16 Sep 2009

BioClinica obtains Tourtellotte Solutions

BioClinica, Inc., a global provider of clinical trial services, today announced that it has acquired privately-held Tourtellotte Solutions, Inc. (Tourtellotte), a leader in software and services for the bio-pharmaceutical industry.

From Clario 16 Sep 2009

Next Generation Advanced Image Processing for Toshiba Infinix-i product line

Improving the ability to provide premium patient care during interventional procedures, Toshiba America Medical Systems, Inc. is expanding the availability of Next Generation Advanced Image Processing (AIP) to more systems in the Toshiba InfinixTM-i product line.

16 Sep 2009

FDA clears Hansen Medical's Sensei X Robotic Catheter System

Furthering the medical robotic frontier in electrophysiology (EP), Hansen Medical, Inc. (NASDAQ: HNSN) today announced it has received U.S. Food & Drug Administration (FDA) clearance for its next generation Sensei® X Robotic Catheter System and it introduced the Artisan Extend™ Control Catheter. The company also introduced the Lynx™ Robotic Ablation Catheter, a small, flexible irrigated ablation catheter for customers in Europe.

16 Sep 2009

BIOBASE and Erasmus MC to launch training and application center

BIOBASE GmbH, in cooperation with Erasmus Medical Center (MC), announced today that they will collaborate to establish a Center of Excellence at Erasmus MC for the application of BIOBASE products.

16 Sep 2009

The University City Science Center contributes significantly to regional economy

Graduate organizations and current residents of the University City Science Center’s business incubators have created more than 15,000 jobs that remain in the Greater Philadelphia region today and contribute more than $9 billion to the regional economy annually, according to a study measuring the economic impact of the Science Center’s business incubation services that was released September 14, 2009.

15 Sep 2009

KYTHERA initiates proof-of-concept trial of its ATX-104 light-activated facial contouring agent

KYTHERA Biopharmaceuticals, Inc. (KYTHERA) today announced that it has initiated a first-in-human, proof-of-concept study evaluating the safety, tolerability, persistence and histological effects of ATX-104, a light-activated facial contouring agent.

15 Sep 2009

Phase II clinical study results of Kamada's inhaled-AAT for cystic fibrosis presented at the ERS Congress

Kamada, a bio-pharmaceutical company engaged in the development, manufacturing and marketing of specialty life-saving therapeutics, announced that data on its next-generation alpha-1 antitrypsin (Inhaled-AAT) in cystic fibrosis patients was presented today, at the Annual Congress of the European Respiratory Society (ERS) 2009, Vienna. As previously reported, the study showed that inhaled-AAT was safe and biologically effective.

15 Sep 2009

Rib-X and NIAID collaborate to develop an antibiotic treatment for N. gonorrhoeae

Rib-X Pharmaceuticals, Inc., a company focused on the discovery, development and commercialization of novel drugs for the treatment of multi-antibiotic resistant infections, today announced that it intends to enter into a Clinical Trials Agreement with the U.S. National Institute of Allergy and Infectious Diseases (NIAID), part of the National Institutes of Health (NIH), an agency of the United States Department of Health and Human Services.

15 Sep 2009

Engineering researchers receive funds to design liver mimics

Virginia Tech College of Engineering researchers will use more than $1 million in grant funding to study engineered tissues that mimic the liver, one of the human body's most complex organs.

15 Sep 2009

Cardiac Network to introduce next generation cardiac monitors

Cardiac Network, Inc. (PINKSHEETS: CNWI) reported today that it will be offering its current inventory of monitors at or below cost to patients through its retail networks as it makes preparations for its next generation of cardiac monitors.

15 Sep 2009

Phase 1 trial results of Achaogen's ACHN-490 announced at ICAAC meeting

Achaogen, a clinical stage biopharmaceutical company addressing the issue of multi-drug resistant bacterial infections through the discovery and development of innovative, broad-spectrum antibiotics, today announced the results of a Phase 1 trial and preclinical data on its lead drug candidate ACHN-490 at the 49th Annual Interscience Conference on Antimicrobial Agents and Chemotherapy (ICAAC) Annual Meeting in San Francisco, CA.

14 Sep 2009

Career GPS program to help displaced biopharmaceutical professionals

BioAdvance, the University City Science Center and Wharton Small Business Development Center (SBDC) are collaborating to develop Career GPS, a program which is designed to help displaced biopharmaceutical professionals navigate the Greater Philadelphia region’s entrepreneurial career eco-system.

14 Sep 2009