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First Edition: March 18, 2011

Today's headlines include news about events planned to mark the health law's first anniversary as well as other developments related to the measure's implementatioin and the budget issues Congress continues to wrestle.

18 Mar 2011

Celera reports net revenue of $34.9 million for fourth quarter of 2010

Celera Corporation today reported net revenues of $34.9 million for the fourth quarter of 2010 that ended December 25, 2010, compared to $39.2 million for the prior year quarter.

18 Mar 2011

Avid, Eli Lilly receive FDA complete response letter for Amyvid NDA

Eli Lilly and Company and its wholly owned subsidiary, Avid Radiopharmaceuticals, Inc., have received a complete response letter from the U.S. Food and Drug Administration for their New Drug Application for Amyvid, a Positron Emission Tomography imaging agent under investigation for the detection of beta-amyloid plaque in the brains of living patients.

18 Mar 2011

Cortex reports net loss of $0.01 per share for quarter ended December 31, 2010

Cortex Pharmaceuticals, Inc. reported a net loss applicable to common stock of $984,000, or $0.01 per share for the quarter ended December 31, 2010 compared with a net loss of $1,599,000, or $0.02 per share for the corresponding prior year period.

18 Mar 2011

Retina Implant to join with Wills Eye for U.S. artificial vision clinical trial

Retina Implant AG, a leading developer of subretinal implants for the visually impaired, today announced that they will partner with the Wills Eye Institute in Philadelphia as the lead U.S. clinical trial investigator site.

18 Mar 2011

Medical Facilities fourth quarter consolidated facility service revenue increases 10.9% to $64.4 million

Medical Facilities Corporation, today reported its financial results for the three- and twelve-month periods ended December 31, 2010.

18 Mar 2011

Experts to present latest information on multiple myeloma at Patient Symposium

The Multiple Myeloma Research Foundation and the John Theurer Cancer Center at Hackensack University Medical Center, member of the Multiple Myeloma Research Consortium, will host the MMRF Clinical Insights in Multiple Myeloma Patient Symposium on Saturday, April 2 in Short Hills, NJ from 9:00am-3:30pm.

18 Mar 2011

C&EN: Health tracking biosensor may be closer to reality than many people think

Imagine a sensor implanted in your body that signals when you're getting sick - almost like the "check engine" light in a car. That scenario sounds like pure fantasy, but it may be closer to reality than many people think, according to an article in the current edition of Chemical & Engineering News, ACS' weekly newsmagazine.

18 Mar 2011

Autism Speaks supports ICM-9-CM diagnostic code for ASD detection in children

With increasing frequency, parents of children with autism spectrum disorder report the terrible consequences that can occur when their children wander or unexpectedly run away.

18 Mar 2011

M7T, MGH collaborate to implement Keystone Engine for radiology workflow scenario

Mach 7 Technologies, a global provider of vendor neutral medical image management solutions, has collaborated with Massachusetts General Hospital to implement Keystone Engine to improve a highly specialized radiology department workflow scenario.

18 Mar 2011

Researchers discover a type of 'cellular bilingualism' in brain

A team of researchers from the University of Montreal and McGill University have discovered a type of "cellular bilingualism" - a phenomenon that allows a single neuron to use two different methods of communication to exchange information.

18 Mar 2011

Richmont obtains PURE's IV-7 Germ Defense disinfectant registration in South Africa

PURE Bioscience, creator of the patented silver dihydrogen citrate antimicrobial, today announced that its marketing partner, Richmont Sciences, LLC, through its distributor, Bio Care Products Ltd. of Lanseria, has obtained registration of PURE's SDC-based IV-7 Ultimate Germ Defense disinfectant for use on all inanimate surfaces by the South African National Regulator for Compulsory Specifications.

18 Mar 2011

China-Biotics enters agreement with US based nutritional product company

China-Biotics, Inc., the leading developer, manufacturer and distributor of probiotics products in China, today announced that the Company has entered into an agreement with a US based nutritional product company.

18 Mar 2011

AVTD freezes its EOS device design for regulatory phase

ArtVentive Medical Group, Inc. announced today that the Company has frozen its Endoluminal Occlusion device design for the peripheral category of indications in preparation for the Company's regulatory phase, prior to commercialization in Europe and North America and subsequent to venturing forward into Eastern Europe, Japan, Asia Pacific and Latin America.

18 Mar 2011

Medical researcher's commentary for clinicians published in JAMA

Charles H. Hennekens, M.D., DrPH, the first Sir Richard Doll Research Professor of Medicine in the Charles E. Schmidt College of Medicine at Florida Atlantic University, has published a commentary for clinicians in this week's issue of The Journal of the American Medical Association.

18 Mar 2011

Rubini black elderberry extract can inhibit flu and respiratory tract infections

Historically, black elderberries were among the most regarded folk remedies for coughs, colds, and flu. Now modern science has authenticated these therapeutic properties. In February 2011, researchers at Justus-Liebig University in Geissen, Germany reported that a concentrated liquid extract of black elderberries, commercially available as Rubini - Elderberry Extract 3.2%, inhibited the growth of influenza A and B viruses and bacteria associated with upper respiratory tract infections.

18 Mar 2011

Politics surround the health overhaul, grab headlines

While Sen. Orrin Hatch, R-Utah, the Senate Finance Committee's ranking Republican, is taking an increasingly hard line on efforts to undo the health law, supporters of former Mass. Gov. Mitt Romney are giving him political cover as other GOP presidential hopefuls step up their attacks on "RomneyCare." Also, Politico reports that the health law continues to be a boon for the K Street economy.

18 Mar 2011

World Vision begins Japan relief operations in city of Tome

As Japan approaches the one-week mark since the destructive 9.0 earthquake and tsunami, World Vision relief distribution operations began today in the city of Tome and tomorrow will reach Minami Sanriku, one of the hardest-hit coastal towns in the country.

18 Mar 2011

Senate Finance Committee hearing marked by detailed policy discussions

Health and Human Services Secretary Kathleen Sebelius testified before the panel where she defended the health law waivers so far granted by the administration and other aspects of the overhaul that have been subject to scrutiny and criticism.

18 Mar 2011

MHA hosts two-day Long Term Care Business Summit at ARIA

Managed Health Care Associates, Inc., a leading health care service company focused on alternate site health care providers, is hosting its 8th Annual MHA Business Summit for Long Term Care Pharmacies and other Long Term Care stakeholders on March 17th-18th at ARIA at CityCenter in Las Vegas, Nevada.

18 Mar 2011