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Global Health Partner second quarter revenues increase 14% to SEK 180.4 million

Global Health Partner: SECOND QUARTER 2011. Revenues increased by 14 percent to SEK 180.4 million.

19 Jul 2011

Magellan sells TREK business to Thermo Fisher

Magellan Biosciences, a global manufacturer of products designed to make diagnostic testing easier, more cost-effective, and less labor intensive, announced that it has sold its microbiology business, TREK Diagnostic Systems, to Thermo Fisher Scientific.

From Thermo Fisher Scientific Inc. 19 Jul 2011

Roche signs agreement to acquire mtm laboratories

Ventana Medical Systems, Inc., a member of the Roche Group, announced today that Roche has signed an agreement under which it will acquire 100 percent of mtm laboratories AG (mtm), a privately-held company based in Heidelberg, Germany.

From Roche Sequencing and Life Science 19 Jul 2011

Align Networks announces significant investment from General Atlantic

Align Networks, Inc., a leading provider of workers' compensation physical medicine programs, today announced a significant investment from global growth equity firm General Atlantic LLC.

19 Jul 2011

Bacterin anticipates 134% increase in revenue for second-quarter 2011

Bacterin International Holdings, Inc., a leader in the development of revolutionary bone graft material and anti-infective coatings for medical applications, expects to report its seventh consecutive quarter of record revenue growth.

18 Jul 2011

Dehaier, Taiyo-Shanghai and Beijing Orient open filling facility for home oxygen therapy service

Dehaier Medical Systems Ltd., an emerging leader in the development, assembly, marketing and sale of medical devices and homecare medical products in China, today announced the opening of its first oxygen filling facility and first service center for home oxygen therapy service in Beijing, China.

18 Jul 2011

ARC Healthcare to acquire 12 healthcare facilities for $257.5 million

American Realty Capital Healthcare Trust, Inc., announced today that it has entered into a contract to acquire 12 high quality, income-producing healthcare facilities aggregating $257.5 million in purchase price, increasing the total size of the portfolio, including closed assets and those under contract, to 17 properties aggregating $307.1 million.

18 Jul 2011

Nu Skin to build new $85 million Innovation Center in Provo City

Nu Skin Enterprises, Inc. breaks ground today on its new $85 million Innovation Center, expanding its corporate headquarters and housing 900 employees at the downtown campus. The plans include a new state-of-the-art anti-aging research and development center, technology hub and modern collaborative and green spaces.

18 Jul 2011

Seychelle reports 47.0% increase in sales revenue for quarter ended May 31, 2011

Seychelle Water Filtration Products, a DBA of Seychelle Environmental Technologies, Inc., a worldwide leader in the development, assembly and sale of proprietary portable water filtration bottles made two key announcements today. First, the Company announced that sales revenue for the fiscal quarter ended May 31, 2011 was a record $1,781,019 compared to $1,211,420 in the prior year, up $569,599 (+47.0%).

18 Jul 2011

Two existing clinical stage clients expand development activities with Progenitor Cell Therapy

Progenitor Cell Therapy (PCT), an internationally recognized cell therapy services and development company, and a wholly-owned subsidiary of NeoStem, Inc., an international biopharmaceutical company with operations in the U.S. and China, announced today that two existing clinical stage biopharmaceutical corporate clients have chosen to expand their development activities with PCT.

18 Jul 2011

Labopharm reduces workforce, expects to save $2.7 million annually

Labopharm Inc. today announced that it has further reduced its workforce, eliminating 23 positions. Following the reduction, Labopharm will have 71 employees to support its continuing operations.

18 Jul 2011

Shionogi to acquire Victory Pharma's products to treat pain and infectious diseases

Shionogi Inc., the U.S.-based group company of Shionogi & Co., Ltd., today announced that it has entered into an agreement to acquire all currently marketed products from Victory Pharma, Inc., including seven treatments for pain and two for infectious diseases. The products, which are all approved by the Food and Drug Administration (FDA), will be marketed by Shionogi's existing sales force.

18 Jul 2011

Thermo Fisher Scientific announces acquisition of TREK Diagnostic Systems

Thermo Fisher Scientific Inc., the world leader in serving science, today announced that it has acquired TREK Diagnostic Systems, a global provider of microbiology solutions, including blood culture, microorganism identification and antibiotic susceptibility testing (AST) products, from Magellan Biosciences. Based near Cleveland, Ohio, the company had full year revenue in 2010 of $34 million and has 150 employees.

From Thermo Fisher Scientific Inc. 18 Jul 2011

WebMD anticipates 15% increase in revenue for second quarter 2011

WebMD Health Corp., the leading source of health information, today announced preliminary financial results for the three months ended June 30, 2011 and updated financial guidance for 2011.

18 Jul 2011

NSVascular signs exclusive license with UCLA for Thin-Film Nitinol technology

NeuroSigma, Inc., a Los Angeles-based medical device company, today announced the formation of a majority owned subsidiary, NSVascular, Inc. and the signing of an exclusive license with the University of California, Los Angeles (UCLA) covering its medical applications of Thin-Film Nitinol (TFN) technology. Nitinol is a superelastic nickel and titanium alloy with unique properties that allow deformation and subsequent full recovery of the original shape upon exposure to body heat.

18 Jul 2011

Bacterin forays into medical devices with acquisition of Robinson MedSurg

Bacterin International Holdings, Inc., a leader in the development of revolutionary bone graft material and anti-infective coatings for medical applications, has acquired the assets of Robinson MedSurg LLC (RMS), a medical device distribution company focused primarily on maxillofacial and craniofacial surgery devices.

18 Jul 2011

Endologix, LeMaitre Vascular announce early termination agreement for aortic endovascular products in Europe

Endologix, Inc., developer and marketer of minimally invasive treatments for aortic disorders, and LeMaitre Vascular, Inc., provider of peripheral vascular devices and implants, announced today that the companies have entered into an early termination agreement for LeMaitre's distribution rights of Endologix's aortic endovascular products in Europe.

18 Jul 2011

LabCorp extends expiration of tender offer for Orchid Cellmark common stock

Laboratory Corporation of America Holdings today announced that LabCorp is extending until 5:00 p.m., New York City time, on August 12, 2011, LabCorp's previously announced cash tender offer for all outstanding shares of the common stock of Orchid Cellmark Inc.

18 Jul 2011

Intelsius, American Thermal Instruments enter strategic partnership

Intelsius, a global manufacturer and distributor of environmentally sustainable, temperature-controlled and regulatory-compliant packaging solutions, announces a strategic partnership with American Thermal Instruments (ATI), a leader in temperature monitoring, inspections and asset tracking.

18 Jul 2011

Aetna enters agreement to acquire account-based health plan administrator, PayFlex

Aetna today announced that it has entered into an agreement to acquire PayFlex Holdings, Inc., one of the nation's largest independent account-based health plan administrators, with approximately 1 million accounts and approximately 3,300 direct employer customers.

18 Jul 2011