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Northeast Ohio healthcare sector companies attracted $132 million in investments in 2010

In 2010, 62 Northeast Ohio companies collectively raised $221 million from venture capitalists and angel investors, an increase of 121 percent over the amount raised by companies in 2009. The growth rate of dollars invested in regional companies is higher than recently released data from Thomson Reuters showing a 19 percent increase in dollars invested nationally.

21 Jan 2011

Study highlights relationship between language and health care quality

Wayne State University researchers have found that when patients and providers speak the same language, patients report less confusion and better health care quality.

21 Jan 2011

BOKA Powell releases new images of Methodist Hospital for Surgery in Texas

BOKA Powell released new images today of the completed Methodist Hospital for Surgery in Addison, Texas, a dedicated surgical hospital which opened last month.

21 Jan 2011

Minnesota earns 'F' grade for tobacco prevention and control spending

Minnesota again earned an "F" for tobacco prevention and control spending in the annual State of Tobacco Control report issued today by the American Lung Association.

21 Jan 2011

U.S., China announce public-private health care partnership

In conjunction with the state visit to the U.S. by Chinese President Hu Jintao, the U.S. Department of Health and Human Services (HHS) and several other federal agencies on Wednesday announced a new public-private health care partnership between the U.S. and China, Modern Healthcare reports (Blesch, 1/19).

21 Jan 2011

Precision highlights role of ChemoFx test, multi-gene predictors for breast cancer

In a new study in which Precision Therapeutics' Multi-Gene Predictors were independently validated by investigators at US Oncology and MD Anderson, Precision highlights the potential role of the ChemoFx® in vitro chemosensitivity test and multi-gene predictors in determining a patient's likelihood of response to multi-drug chemotherapy regimens in breast cancer.

21 Jan 2011

EDAP announces placement of first Sonolith i-sys electroconductive lithotripter in South Africa

EDAP TMS SA, the global leader in therapeutic ultrasound, reported today placement of the first Sonolith i-sys electroconductive lithotripter in South Africa.

21 Jan 2011

Fresenius Medical Care to sell $500 million and €300 million senior notes

Fresenius Medical Care AG & Co. KGaA, the world's largest provider of dialysis products and services, today announced its intention to sell US$500 million of senior unsecured notes due 2021 issued by Fresenius Medical Care US Finance, Inc. and €300 million of senior unsecured notes due 2021 issued by FMC Finance VII S.A..

21 Jan 2011

House GOP passes health law repeal

In what is considered to be a symbolic vote, House Republicans joined with three Democrats to fulfill a campaign pledge to pass a bill that would undo the sweeping health overhaul.The vote represented the Republican House majority's first official rebuke of the Obama agenda. Senate action, however, is unlikely.

21 Jan 2011

Scientist receives RO1 research grant to improve blood, marrow transplantation in myeloma patients

Thea Friedman, M.D., associate scientist and director of oncology basic research at the John Theurer Cancer Center at Hackensack University Medical Center was recently awarded a National Cancer Institutes of Health-National Cancer Institute RO1 research grant to improve allogeneic blood and marrow transplantation for multiple myeloma patients.

21 Jan 2011

Adopting pharmacy carve-in approach can help 13 states realize over $11 billion savings in Medicaid

A study sponsored by Medicaid Health Plans of America (MHPA) released today by The Lewin Group finds large-scale savings can be achieved if 13 states abandoned their current pharmacy carve-out model in favor of a carve-in approach -- including prescription drugs in health plans' capitation payments.

21 Jan 2011

WHO executive board meeting addresses agency's policy on counterfeit, substandard medications

According to the news service, WHO "members … raised strong concerns that a working group they mandated last May to address problems with WHO policy on counterfeit and substandard medicines has yet to be formed - with four months remaining before it must report back to members."

21 Jan 2011

Pervasis to present PVS-10200 interim data from Phase 1/2 PAD clinical study at IC3D

Pervasis Therapeutics, Inc. today announced it will present interim data from the company's Phase 1/2 clinical study of PVS-10200, an investigational cell-based therapy under development to prevent restenosis in patients with peripheral arterial disease (PAD) who undergo an angioplasty and stent procedure in the superficial femoral artery.

21 Jan 2011

AHRQ finds 30% increase in Medicaid-covered patient hospital admissions

Hospital admissions of patients covered by Medicaid jumped by 30 percent between 1997 and 2008, compared to a 5 percent growth in those of patients with private health insurance, according to the latest News and Numbers from the Agency for Healthcare Research and Quality.

21 Jan 2011

Religious hospitals' restrictions sparking conflicts, scrutiny, The Washington Post reports

Such disputes between hospitals and church authorities appear to be arising because of a confluence of factors: Economic pressures are spurring greater consolidation in the hospital industry, prompting religiously affiliated institutions to take over or merge with secular ones, imposing church directives on them.

21 Jan 2011

St. Jude Medical reaches settlement agreement with DOJ over post-market study matter in Boston

St. Jude Medical, Inc., a global medical device company, today issued the following statement regarding a settlement agreement reached with the U.S. Department of Justice (DOJ) regarding a previously disclosed 2005 investigation in Boston related to an industry-wide review of post-market studies and registries:

21 Jan 2011

Teva invests $3.95M in Rexahn for development of anti-cancer compound RX-3117

Rexahn Pharmaceuticals, Inc., a clinical stage pharmaceutical company commercializing potential best in class oncology and central nervous system (CNS) therapeutics, announced that Teva Pharmaceutical Industries Limited (Teva) purchased 2,334,515 shares of Rexahn's common stock in a private offering for $3.95 million, or $1.692 per share.

21 Jan 2011

Study evaluates Masimo SpHb's accuracy in monitoring low hemoglobin levels

Masimo announced today that a new study demonstrating the clinical accuracy and value of its noninvasive and continuous hemoglobin monitoring technology breakthrough was presented this week at the Society of Critical Care Medicine Annual Critical Care Congress in San Diego.

21 Jan 2011

Opinions: GAVI; Haitian women; Clinton's foreign policy

"Vaccines are among the greatest scientific contributions to human welfare. They are also some of the largest humanitarian contributions of developed nations to the rest of the world. So it is unfortunate that a decade of vaccine controversy has overshadowed a decade of vaccine miracles," Washington Post columnist Michael Gerson writes in an opinion piece reflecting on the contributions of the GAVI Alliance over the past decade.

21 Jan 2011

Researchers examine brain's role in breathing

Much of our knowledge of the brain's role in regulating breathing comes from research with mice and rats. A chemical receptor within the brain stem communicates with the central nervous system to generate the basic pattern of breathing. The next step is applying that information to human tissue to identify these critical components in the human brain and their medical implications.

21 Jan 2011

Medical News

Northeast Ohio healthcare sector companies attracted $132 million in investments in 2010

Study highlights relationship between language and health care quality

BOKA Powell releases new images of Methodist Hospital for Surgery in Texas

Minnesota earns 'F' grade for tobacco prevention and control spending

U.S., China announce public-private health care partnership

Precision highlights role of ChemoFx test, multi-gene predictors for breast cancer

EDAP announces placement of first Sonolith i-sys electroconductive lithotripter in South Africa

Fresenius Medical Care to sell $500 million and €300 million senior notes

House GOP passes health law repeal

Scientist receives RO1 research grant to improve blood, marrow transplantation in myeloma patients

Adopting pharmacy carve-in approach can help 13 states realize over $11 billion savings in Medicaid

WHO executive board meeting addresses agency's policy on counterfeit, substandard medications

Pervasis to present PVS-10200 interim data from Phase 1/2 PAD clinical study at IC3D

AHRQ finds 30% increase in Medicaid-covered patient hospital admissions

Religious hospitals' restrictions sparking conflicts, scrutiny, The Washington Post reports

St. Jude Medical reaches settlement agreement with DOJ over post-market study matter in Boston

Teva invests $3.95M in Rexahn for development of anti-cancer compound RX-3117

Study evaluates Masimo SpHb's accuracy in monitoring low hemoglobin levels

Opinions: GAVI; Haitian women; Clinton's foreign policy

Researchers examine brain's role in breathing

Advancing brain microphysiological systems (bMPS)

PhD researcher at LifeArc

Unveiling Hidden Potential: Organoids for Disease Modeling in Neuroscience Research

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