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Watson third quarter net income increases 31% to $138.7 million

Watson Pharmaceuticals, Inc. today reported net revenue of $1.1 billion for the third quarter ended September 30, 2011, an increase of 23 percent when compared to $882.4 million in the third quarter 2010. On a non-GAAP basis, net income for the third quarter 2011 increased 31 percent to $138.7 million or $1.09 per diluted share, compared to $105.9 million or $0.85 per diluted share in the third quarter 2010.

1 Nov 2011

First Edition: November 1, 2011

Today's headlines include a report that the health law's early retirees' health insurance fund may be running out.

1 Nov 2011

California Medicaid cuts spark anger; N.Y. Medicaid fraud detection

In California, doctors are blasting a decision to cut payments for caring for poor patients.

1 Nov 2011

A healthy eating plan after holiday feasts can avoid weight gain

Failing to get back on a healthy eating plan soon after the big holiday feast can lead to serious weight gain and most likely a New Year's resolution to get in shape.

1 Nov 2011

ECMO and heart procedures performed as a bridge to lung transplantation

Surgeons at UK HealthCare recently became the first ever to perform two specific procedures together as a bridge to lung transplantation. Wanda Craig, of Lexington, Ky., is the first patient in history to receive these procedures, and at the age of 68, she is also the oldest living human to be bridged to transplant using an artificial lung device, also known as an extracorporeal membrane oxygenation (ECMO).

1 Nov 2011

Henry Schein third quarter net sales increase 11.5% to $2.1 billion

Henry Schein, Inc., the largest provider of healthcare products and services to office-based practitioners, today reported record financial results for the quarter ended September 24, 2011.

1 Nov 2011

New Mayo Clinic social network connects global community of esophageal cancer patients

In 2008, physicians at Mayo Clinic Florida led by Herbert Wolfsen, M.D., were looking for new ways to keep in touch with the large group of esophageal cancer patients cared for by him and other gastroenterologists and surgeons. Telephone calls, faxes and email had worked to create a network of patients but many now wanted interactive and remote access capability to share their experiences and challenges with this serious disease.

1 Nov 2011

ProPhase Labs introduces new Cold-EEZE Oral Spray

ProPhase Labs, makers of Cold-EEZE, a leader in over-the-counter (OTC) homeopathic cold remedies, continues to pioneer the category as they launch their first-ever Cold-EEZE Oral Spray. The new Oral Spray is formulated with zinc gluconate, the same effective active ingredient found in the best-selling, clinically proven and #1 pharmacist recommended Cold-EEZE lozenges.

1 Nov 2011

Akorn third quarter consolidated revenue increases 69% to $36.7M

Akorn, Inc., a niche specialty pharmaceutical company, today reported financial results for the third quarter of 2011.

1 Nov 2011

Two transformative philanthropic gifts to fuel new discoveries at Seattle Children's

Seattle Children's today announced two transformative philanthropic gifts totaling $65 million to benefit pediatric research, nursing education and clinical care.

1 Nov 2011

Scientists identify genetic mutation that causes rare childhood disease

An international collaboration of scientists, including researchers at the National Institute of Arthritis and Musculoskeletal and Skin Diseases (NIAMS), a part of the National Institutes of Health, has identified a genetic mutation that causes a rare childhood disease characterized predominantly by inflammation and fat loss.

1 Nov 2011

Study evaluates availability of information about cosmetic ingredients for celiac patients

The lack of readily available information about cosmetic ingredients may cause patients with celiac disease who use lip, facial or body products to unknowingly expose themselves to gluten—an ingredient they need to avoid, according to the results of a new study unveiled today at the American College of Gastroenterology's (ACG) 76th Annual Scientific meeting in Washington, DC.

1 Nov 2011

Peroxiredoxin enzyme holds key to ageing process

By consuming fewer calories, ageing can be slowed down and the development of age-related diseases such as cancer and type 2 diabetes can be delayed. The earlier calorie intake is reduced, the greater the effect. Researchers at the University of Gothenburg have now identified one of the enzymes that hold the key to the ageing process.

1 Nov 2011

National lupus organizations urge NICE to recommend Benlysta for coverage

National lupus organizations in more than 28 countries, and individuals with lupus and their families around the world, are rallying to protect access to new treatments and the development of future therapies to treat lupus.

1 Nov 2011

Emotional and psychological traumas may contribute to adult IBS

The psychological and emotional traumas experienced over a lifetime--such as the death of a loved one, divorce, natural disaster, house fire or car accident, physical or mental abuse—may contribute to adult irritable bowel syndrome (IBS), according to the results of a study unveiled today at the American College of Gastroenterology's (ACG) 76th Annual Scientific meeting in Washington, DC.

1 Nov 2011

Countries need vigilance, informed media coverage to achieve polio eradication

In this SciDev.Net editorial, T.V. Padma, regional coordinator for South Asia for the news service, recaps findings from the latest report of the Independent Monitoring Board of the Global Polio Eradication Initiative (GPEI), released last week, and writes, "Polio control in developing countries has received massive international support and funding, including free supplies of vaccines. Yet transmission of the virus remains. Clearly, there are problems other than funds."

1 Nov 2011

UL, IU and UMMS to implement Center for Excellence in Health and Life Sciences

Indiana University today announced that it is partnering with the University of Liberia and the University of Massachusetts Medical School to administer a transformative $7.2 million project that will address a national shortage of healthcare workers in Liberia, an African nation with which IU has had long-standing ties.

1 Nov 2011

RTI reports net income of $2.1 million for third quarter 2011

RTI International Metals, Inc., released results today for the third quarter of 2011.

1 Nov 2011

GlobalPost series examines consequences of child marriage in Nepal

As part of a special report called "Child Brides," GlobalPost features a two-part series looking at child marriage in Nepal. "The practice carries with it devastating consequences for young girls' health and wellbeing, child advocates say, and yet the social, economic and cultural pressures associated with the tradition make it difficult to end. Officially, it is against the law to marry under the age of 20, but these laws go ignored, particularly in remote areas.

1 Nov 2011

Pharmasset initiates PSI-7977 Phase 3 program for HCV

Pharmasset, Inc. today announced the initiation of a Phase 3 program with the hepatitis C virus (HCV) nucleotide analog, PSI-7977. This pivotal program will evaluate a 12-week, all-oral, interferon-free regimen of PSI-7977 and ribavirin in patients with HCV, independent of viral genotype or their ability to take interferon therapy.

1 Nov 2011