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BioMimetic Therapeutics reports net loss of $7.7M for second-quarter 2010

BioMimetic Therapeutics, Inc. today reported its financial results as of and for the three and six months ended June 30, 2010. For the three months ended June 30, 2010, the Company reported a net loss of $7.7 million, or $0.35 per diluted share, compared to a net loss of $6.3 million, or $0.32 per diluted share, for the same period in 2009. For the six months ended June 30, 2010, the Company reported a net loss of $16.2 million, or $0.73 per diluted share, compared to a net loss of $14.3 million, or $0.75 per diluted share, for the same period in 2009.

6 Aug 2010

Medicare solvency still troubled, despite new health law

The annual trustees report on Medicare and Social Security found that the programs are "facing strains from an aging population and an economy that can't seem to get out of low gear," The Associated Press reports.

6 Aug 2010

Nature News examines how scientists, farmers are working to meet the growing demand for artemisinin

"From bust to boom to bust again: artemisinin, the key ingredient of front-line antimalarial drugs, is entering the third chapter of its turbulent history," Nature News writes in an article that examines the challenges scientists and farmers are facing as they attempt to keep up with the growing demand for the compound just as a "$343-million initiative starts to battle malaria through hugely subsidized medicines."

5 Aug 2010

Molina Healthcare announces underwritten public offering of common stock

Molina Healthcare, Inc. today announced that it has commenced an underwritten public offering of 4,000,000 shares of its common stock. In connection with the offering, Molina Healthcare and the selling stockholder intend to grant the underwriters an option to purchase up to 350,000 shares and 250,000 shares, respectively, to cover overallotments, if any. The offering is being conducted pursuant to an effective registration statement filed with the Securities and Exchange Commission on December 8, 2008.

5 Aug 2010

Teleflex announces pricing of $350 million 3.875% convertible senior subordinated notes due 2017

Teleflex Incorporated today announced that it priced its previously announced public offering of $350 million in aggregate principal amount of 3.875% convertible senior subordinated notes due 2017. In addition, Teleflex granted the underwriters an option to purchase up to an additional $50 million in aggregate principal amount of convertible notes within 13 days from the date of closing of the offering.

5 Aug 2010

Pakistan floods prompt food shortages, devastate farmland

Pakistanis in the northwest part of the country face "life-threatening shortages" of food after flooding has killed 1,400 and "devastated the lives of more than three million people," Reuters reports. World Food Programme spokesman Amjad Jamal said, "People have lost their food stocks. The markets are not up and running. Shops have collapsed. People are definitely in the greatest need of food" (Ali, 8/4).

5 Aug 2010

Horizon Pharma files registration statement with U.S. SEC for proposed initial public offering

Horizon Pharma, Inc. announced today that it has filed a registration statement on form S-1 with the U.S. Securities and Exchange Commission ("SEC") relating to a proposed initial public offering of shares of its common stock. All shares of the common stock to be sold in the offering will be offered by the Company.

4 Aug 2010

GTCR, Dale Wolf partner to create Jessamine Healthcare

GTCR, one of the nation's leading private equity firms, today announced it has entered into a partnership with Dale Wolf to form Jessamine Healthcare, Inc. The new company, headquartered in Rockville, Maryland, will focus on acquiring companies in the healthcare payor and outsourced payor services industries.

4 Aug 2010

ICU Medical's Neutron Neutral-Pressure Needleless Connector receives FDA clearance

ICU Medical, Inc., a worldwide leader in the development, manufacture and sale of proprietary, disposable medical connection systems for use in vascular therapy applications, today confirmed that it has received FDA 510-k clearance for the Neutron™ Neutral-Pressure Needleless Connector.

4 Aug 2010

Trius prices 10,000,000 shares initial public offering

Trius Therapeutics, Inc., a biopharmaceutical company developing innovative antibiotics for serious, life-threatening infections, announced today the initial public offering of 10,000,000 shares of its common stock at a price of $5.00 per share. The common stock is expected to begin trading on the NASDAQ Global Market on August 3, 2010 under the trading symbol "TSRX." Trius has granted the underwriters a 45 day option to purchase up to 750,000 shares of its common stock at the initial public offering price to cover over-allotments, if any.

4 Aug 2010

Opinions: AIDS 2010; Clean water, sanitation; Russia's HIV/AIDS epidemic; Financial tax; Medical abortion in developing countries

A VOA News editorial by the U.S. government reflects on last month's International AIDS Conference-AIDS 2010, including key advancements such as the vaginal microbicide gel found to offer women some protection against HIV infection as well discussions about funding for the fight against HIV/AIDS and how the "criminalization of drug abuse and persecution of homosexuals" in the world is compromising efforts to prevent the spread of the disease.

4 Aug 2010

Teleflex plans to implement refinancing transactions

In connection with the offering of the convertible notes, Teleflex expects to enter into privately negotiated convertible note hedge transactions with affiliates of certain of the underwriters in the offering (the "hedge counterparties").

3 Aug 2010

South East Asia and Australia New Zealand RFID market revenues to reach over $250.0 million in 2016

With several radio frequency identification (RFID) initiatives getting underway across diverse verticals in the South East Asian and Australia New Zealand region, RFID is all set to live up to its billing as a breakthrough technology. In line with this technology's capabilities to enable greater security and efficiency, more end users are considering it a tool that will help them gain a competitive edge.

3 Aug 2010

Pennsylvania to open high-risk insurance program for uninsured individuals with pre-existing medical conditions

As part of the national health insurance reform, Pennsylvania this week will open a high-risk insurance program for uninsured individuals who have pre-existing medical conditions, Insurance Commissioner Joel Ario said today.

3 Aug 2010

Republicans plan to block health law by withholding implementation funds

Republicans may not have the numbers to repeal the health overhaul, even after the election, but they are increasingly likely to try to "deny the Obama administration the money it needs to implement the law," Politico reports.

3 Aug 2010

Trimega Laboratories CEO shortlisted for 'Entrepreneur of the Year' in National Business Awards

Avi Lasarow, CEO of Trimega Laboratories, has been shortlisted for 'Entrepreneur of the Year' in the National Business Awards for the second year running.

2 Aug 2010

First Edition: August 2, 2010

Today's headlines include news about a pre-recess Senate push to pass a state aid measure as well as a preview of a White House report to be issued today that predicts savings in the Medicare program.

2 Aug 2010

Complete Genomics files registration statement on Form S-1 with SEC

Complete Genomics, Inc. announced today that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission relating to the proposed initial public offering of shares of its common stock. The shares of common stock to be sold in this offering are proposed to be sold solely by Complete Genomics, Inc.

31 Jul 2010

Poll: Many Americans not sure of provisions of new healthcare legislation

Not sure what's in—and not in—the new healthcare legislation signed into law by President Barack Obama in March? You're not alone. More than 2,100 adults were given a list of 18 reform items and asked to identify what's included and what's not included in the law. Only four items were correctly identified by the majority of those polled.

31 Jul 2010

iPads for 500 doctors and nurses in Victoria

Doctors and nurses in Victoria will be given Apple iPads as part of a trial to improve internet access in Victorian hospitals. According to Health Minister Daniel Andrews’ announcement yesterday, 500 iPads would be sent to graduate doctors and nurses in January and if the $500,000 pilot program goes well, the devices could be used more widely.

29 Jul 2010

Running News and Research

BioMimetic Therapeutics reports net loss of $7.7M for second-quarter 2010

Medicare solvency still troubled, despite new health law

Nature News examines how scientists, farmers are working to meet the growing demand for artemisinin

Molina Healthcare announces underwritten public offering of common stock

Teleflex announces pricing of $350 million 3.875% convertible senior subordinated notes due 2017

Pakistan floods prompt food shortages, devastate farmland

Horizon Pharma files registration statement with U.S. SEC for proposed initial public offering

GTCR, Dale Wolf partner to create Jessamine Healthcare

ICU Medical's Neutron Neutral-Pressure Needleless Connector receives FDA clearance

Trius prices 10,000,000 shares initial public offering

Opinions: AIDS 2010; Clean water, sanitation; Russia's HIV/AIDS epidemic; Financial tax; Medical abortion in developing countries

Teleflex plans to implement refinancing transactions

South East Asia and Australia New Zealand RFID market revenues to reach over $250.0 million in 2016

Pennsylvania to open high-risk insurance program for uninsured individuals with pre-existing medical conditions

Republicans plan to block health law by withholding implementation funds

Trimega Laboratories CEO shortlisted for 'Entrepreneur of the Year' in National Business Awards

First Edition: August 2, 2010

Complete Genomics files registration statement on Form S-1 with SEC

Poll: Many Americans not sure of provisions of new healthcare legislation

iPads for 500 doctors and nurses in Victoria

Expanding research and clinical options for children with cancer

Examining how pain could play a direct protective role in the gut

From Puberty to Menopause: Clue’s CEO, Audrey Tsang on the Power of Femtech

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