Business / Finance

RSS

Community Health Systems subsidiary merges with Diagnostic Clinic of Longview

Community Health Systems, Inc. announced today that a subsidiary of the Company has merged operations with Diagnostic Clinic of Longview, P.A., a large multi-specialty clinic serving residents of Longview, Texas, and surrounding East Texas communities.

6 Mar 2012

Carl Zeiss Meditec wins NFSB award for excellence in customer service

Medical technology provider Carl Zeiss Meditec has been awarded the NorthFace ScoreBoard (NFSB) Award(SM) from the Omega Management Group Corp. in recognition of achieving excellence in customer service and support in 2011. This is the ninth straight year that the company has been honored with this award.

6 Mar 2012

EntreMed plans to establish drug development office in China

EntreMed, Inc., a clinical-stage pharmaceutical company developing therapeutics for the treatment of cancer, announced today that it has initiated plans to establish an office in China to facilitate the Company's drug development and clinical trials in that country.

6 Mar 2012

Cross Country Healthcare fourth quarter revenue increases 10% to $124.7M

Cross Country Healthcare, Inc. today reported revenue of $124.7 million in the fourth quarter ended December 31, 2011, a 10% increase from revenue of $113.7 million in the prior year quarter and a 5% decrease sequentially from the third quarter of 2011.

6 Mar 2012

PSI 2011 revenue up 25%

PSI, a full-service global CRO known for on-time patient enrollment and project delivery, announces 2011 results reporting record growth in new client wins and 25% year-over-year revenue increase.

6 Mar 2012

Stereotaxis fourth quarter net loss increases to $5.5M

Stereotaxis, Inc. today reported financial results for the fourth quarter and full year ended December 31, 2011.

6 Mar 2012

PALIG revenues increase 9.8% to $470M for full year 2011

Pan-American Life Insurance Group (PALIG), a leading provider of life and health insurance in Latin America and the US Hispanic market, today announced financial results for the full year ending December 31, 2011.

6 Mar 2012

Omega announces pricing of $400M senior notes due 2024

Omega Healthcare Investors, Inc. announced today the pricing of its $400 million aggregate principal amount of 5 7/8% senior notes due 2024.

6 Mar 2012

Nutrisystem 2011 revenues decrease to $401.3M

Nutrisystem, Inc., a leading provider of weight management products and services, today reported financial results for the year ended December 31, 2011.

5 Mar 2012

Santarus fourth quarter total revenues increase 65% to $42.6M

Santarus, Inc. (NASDAQ: SNTS) today reported financial and operating results for the three and 12 month periods ended December 31, 2011.

5 Mar 2012

Astex fourth quarter total revenues increase to $21.2 million

Astex Pharmaceuticals, Inc., today reported financial results for the fourth quarter and year ended December 31, 2011.

5 Mar 2012

AMAG fourth quarter total revenues decrease to $14.9 million

AMAG Pharmaceuticals, Inc. a biopharmaceutical company focused on the development and commercialization of a therapeutic iron compound to treat iron deficiency anemia, today reported unaudited consolidated financial results for the fourth quarter and year ended December 31, 2011. As of December 31, 2011, the company's cash, cash equivalents and investments totaled approximately $230 million.

5 Mar 2012

Univita Health announces acquisition of All-Med Services of Florida

Univita Health, a leader in providing home-based care management, has announced the acquisition of All-Med Services of Florida (All-Med).

5 Mar 2012

HASCO Medical acquires Ride-Away Handicap Equipment

HASCO Medical, Inc., www.HascoMed.com a managed healthcare provider that serves patients in Alabama, Florida, and Mississippi, is pleased to announce that the Company has completed the acquisition of all of the outstanding capital stock of Ride-Away Handicap Equipment Corp., a closely-held New Hampshire corporation (Ride-Away).

5 Mar 2012

Omega announces private placement of $400M senior notes offering

Omega Healthcare Investors, Inc. announced today its intention to offer $400 million aggregate principal amount of its senior notes due 2024 in a private placement, subject to market and other conditions.

5 Mar 2012

Varian to acquire InfiMed

Varian Medical Systems, Inc., today announced it has reached an agreement to acquire InfiMed, Inc., a privately-owned, leading supplier of workstations including hardware and software for processing diagnostic X-ray images. The acquisition, which is expected to close in early April subject to the satisfaction of certain closing conditions, will operate within Varian's X-Ray Products segment.

5 Mar 2012

Simulations Plus second quarter revenues increase to record $2.789M

Simulations Plus, Inc., a leading provider of simulation and modeling software for pharmaceutical discovery and development, today reported preliminary revenues for its second quarter of fiscal year 2012 ended February 29, 2012 (2QFY12).

5 Mar 2012

Access full year 2011 revenues increase 284%

ACCESS PHARMACEUTICALS, INC., a biopharmaceutical company leveraging its proprietary drug-delivery platforms to develop treatments in areas of oncology and cancer supportive care,announced preliminary revenue results for fourth quarter 2011 and full year 2011. Fourth quarter MuGard product sales increased 400% over third quarter product sales.

5 Mar 2012

Acadia acquires three inpatient psychiatric hospitals from Haven Behavioral Healthcare

Acadia Healthcare Company, Inc. today announced that it has completed the previously announced acquisition of three inpatient psychiatric hospitals from Haven Behavioral Healthcare for $91 million in cash.

5 Mar 2012

Immediate Clinic acquires Doctors Express

The Ensign Group, Inc., the parent company of the Ensign group of skilled nursing, rehabilitative care services, hospice care, assisted living and urgent care companies, today announced that its urgent care joint venture, Immediate Clinic LLC, has acquired Doctors Express, a national urgent care franchise system.

5 Mar 2012