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Novavax first quarter net loss decreases to $7.5 million

Novavax, Inc. today announced its financial results for the first quarter ended March 31, 2011.

9 May 2011

Minn. House approves abortion restrictions

After long, wrenching, debates with sometimes-graphic testimony about fetuses, the House approved bills Friday that would ban all abortions in Minnesota after 20 weeks of gestation and prohibit public money from paying for the procedure. The 20-week ban was approved, largely along party lines in the Republican-led chamber, 82-46.

9 May 2011

Acousticon receives FDA clearance for ACAM-5 hearing loss product

TCG today announced that Acousticon Inc., one of its portfolio companies, recently received FDA clearance for its ACAM-5 product, allowing the company to begin US commercialization activities for the first time.

9 May 2011

STERIS fourth quarter revenue increases 14% to $377.8 million

STERIS Corporation today announced financial results for its fiscal 2011 fourth quarter ended March 31, 2011. Fiscal 2011 fourth quarter revenue increased 14% to $377.8 million compared with $332.1 million in the fourth quarter of fiscal 2010, with growth in all three business segments.

9 May 2011

Will the GOP now set its sights on Medicaid?

With major changes to Medicare likely on hold for the time being, advocates say the GOP has Medicaid "in its sights" as a more realistic place to make health care cuts.

9 May 2011

U-Systems completes $6.5 million funding round

U-Systems, Inc., the leader in automated breast ultrasound technology, announced today the completion of a $6.5 million funding round. The additional capital came exclusively from existing U-Systems investors and affiliates including iD SoftCapital Group, Lumira Capital, PIIH, Radius Ventures, and Sycamore Ventures.

9 May 2011

State roundup: Concerns about state employee retirement boom

Plummeting stock portfolios and home values prompted many Baby Boomers to keep working long after retirement age. ... "What was once a planned exit is no longer a planned exit," says Daniel Hackler, Indiana's state personnel director.

9 May 2011

Unigene first quarter net loss decreases 58% to $6.6 million

Unigene Laboratories, Inc. a leader in the design, delivery, manufacture and development of peptide-based therapeutics announced first quarter financial results for the period ended March 31, 2011. The Company highlighted significant progress achieved in the first quarter with the execution of its turnaround strategy.

9 May 2011

Military health costs continue to climb

A military built for fighting wars is looking more and more like a health care entitlement program. Costs of the program that provides health coverage to some 10 million active duty personnel, retirees, reservists and their families have jumped from $19 billion in 2001 to $53 billion in the Pentagon's latest budget request.

9 May 2011

Boston Scientific launches Expect Endoscopic Ultrasound Aspiration Needle

Boston Scientific Corporation today announced the U.S. and international launch of its Expect™ Endoscopic Ultrasound Aspiration Needle, used for acquiring tissue samples for diagnosing and staging malignancies in organs adjacent to the gastrointestinal tract. The Expect Needle received FDA clearance and CE Mark approval earlier this year and is being marketed in the U.S., Europe and other international markets.

9 May 2011

Massachusetts patients face long wait times for doctor appointments

A survey conducted by the Massachusetts Medical Society found patients can wait as a long as a month and a half for non-urgent physicians' appointments.

9 May 2011

Elsevier acquires Spanish e-clinical reference solution

Elsevier, the leading global publisher of scientific, technical, and medical information products and services, announced today the acquisition of Fisterra.com, an award winning, widely used e-clinical reference solution in Spain. Fisterra was launched in 2002 by two primary care doctors and a medical librarian in response to the need for an online short answer Spanish language reference solution to help primary care physicians.

9 May 2011

Premier healthcare alliance awards new agreements for advanced wound care

The Premier healthcare alliance announced today that new agreements for advanced wound care have been awarded.

9 May 2011

House panel set to mark up medical malpractice legislation this week

Meanwhile, in Oregon, GOP lawmakers may be stepping back from their tort reform push.

9 May 2011

ImThera Medical concludes Phase I and II protocols for aura6000 European Pilot study in OSA

ImThera Medical, Inc. today announced that it has concluded its Phase I and Phase II protocols for the European Pilot study of the aura6000, a neurostimulation device for treating Obstructive Sleep Apnea (OSA). Clinical trial results from the study will be announced at the American Thoracic Society's International Conference on May 16, 2011 in Denver, CO.

9 May 2011

Confusion surrounds Medicare proposals, budget plan debate

News outlets report on the fits and starts of the ongoing budget deficit talks, including how plans for Medicare's future are faring and how politics are heating up — both in Washington and in a special congressional election beyond the Beltway.

9 May 2011

Antares Pharma first quarter total revenues increase to $3.6 million

Antares Pharma, Inc. today reported financial and operating results for the first quarter ended March 31, 2011.

9 May 2011

Calif. health exchange effort slows; Sebelius: Health law is state friendly

"We want to be the lead car," California Health and Human Services Secretary Diana Dooley told POLITICO in January, shortly after the state became the first in the nation to pass legislation allowing it to set up a health exchange. But four months later, it's hard not to question whether California's lead is slipping. Gov. Jerry Brown is more focused on filling a $25 billion hole in California's budget than setting up the health reform's new programs (Kliff, 5/9).

9 May 2011

Intrexon to deploy Novici's GRAMMR technology in concert with UltraVector platform

Intrexon Corporation, a next generation synthetic biology company, today announced an agreement with Novici Biotech LLC in which Intrexon has licensed certain non-exclusive rights to the use of Novici's patented GRAMMR® technology for high-resolution genetic reassortment ("gene shuffling").

9 May 2011

Appeals Court set to hear arguments Tuesday in health law challenge

Arguments in the two cases, which are the first two challenges to the Obama administration's health overhaul to advance from the federal to appellate level, mark the beginning in what some say is a race to the Supreme Court.

9 May 2011