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Cadence offers $85 million shares of common stock in public offering

Cadence Pharmaceuticals, Inc. today announced that it is offering to sell $85 million worth of shares of its common stock in an underwritten public offering.

8 Nov 2010

U.N. Human Development Report finds significant quality of life gains among many developing countries over last 40 years, but gaps persist

"People around the globe are healthier, richer and better educated than ever before, with most developing countries registering huge gains over the last 40 years, a U.N. report [.pdf] released Thursday shows," the Canadian Press reports.

8 Nov 2010

TransTech Pharma, High Point receive $1.96 million grants under QTDP program

TransTech Pharma, Inc. and High Point Pharmaceuticals, LLC. today announced that they have been awarded cash grants totaling $1.96 million under the U.S. Government's Qualifying Therapeutic Discovery Project program.

8 Nov 2010

West Hertfordshire Hospitals NHS Trust selects Carefx Fusionfx clinical portal

Carefx Corp., a leading provider of interoperable workflow solutions, today announced that West Hertfordshire Hospitals NHS Trust (West Herts) has chosen the Fusionfx solution suite to provide simplified access to an aggregate view of patient information within a singular portal. The portal is a component of the Trust's strategy to "Connect All," rather than "Replace All."

8 Nov 2010

Chindex 2011 second quarter revenue increases 18.6% to $45.2 million

Chindex International, Inc. a leading independent American provider of Western healthcare products and services in the People's Republic of China, today announced financial results for the second quarter and first half of fiscal year 2011, which ended September 30, 2010.

8 Nov 2010

Santarus's budesonide MMX drug shows positive result for active ulcerative colitis

Santarus, Inc. a specialty biopharmaceutical company, today announced positive top-line results from a second Phase III clinical study evaluating the safety and efficacy of budesonide MMX for the induction of remission of mild or moderate active ulcerative colitis.

8 Nov 2010

XenoPort third quarter net loss decreases to $19.9 million

XenoPort, Inc. announced today financial results for the third quarter and nine months ended September 30, 2010. Revenues for the third quarter were $0.4 million, compared to $0.4 million for the same period in 2009. Net loss for the third quarter was $19.9 million, compared to a net loss of $24.4 million for the same period in 2009.

8 Nov 2010

Officials discuss HIV/AIDS in Caribbean during PANCAP meeting

"Despite the gains associated with antiretroviral treatments (ART) over the last decade, HIV/AIDS remains the leading cause of death among young and middle-aged adults in the Caribbean, warns a new U.N. report" that was released during the 10th Annual General Meeting of the Pan Caribbean Partnership Against HIV and AIDS (PANCAP) that concluded on Tuesday, Inter Press Service reports (Richards, 11/3).

8 Nov 2010

China Kanghui third quarter net revenue increases 33.9% to RMB63.6 million

China Kanghui Holdings a leading domestic developer, manufacturer and marketer of orthopedic implants in China, today announced financial results for the third quarter of 2010.

8 Nov 2010

VIVUS closes sale of MUSE business to Meda

VIVUS, Inc. today announced that it has closed the sale of its MUSE business to Meda. Under the purchase agreement, Meda acquired the MUSE assets including the United States and foreign MUSE patents, existing inventory and the manufacturing facility located in Lakewood, New Jersey.

8 Nov 2010

BioSpecifics Technologies third quarter net loss increases to $0.5 million

BioSpecifics Technologies Corp., a biopharmaceutical company developing first in class collagenase-based products, today announced its financial results for the third quarter ended September 30, 2010.

8 Nov 2010

Special mobility shoes benefit people with osteoarthritis

The use of special mobility shoes can help ease knee pain and slow disease progression in people with osteoarthritis, according to research presented this week at the American College of Rheumatology Annual Scientific Meeting in Atlanta.

8 Nov 2010

Tai Chi benefits individuals with arthritis

In the largest study to date of the Arthritis Foundation's Tai Chi program, participants showed improvement in pain, fatigue, stiffness and sense of well-being.

8 Nov 2010

IMRIS announces U.S. IPO and listing on NASDAQ Global Market

IMRIS Inc. announced today that it has filed a registration statement in the United States concurrently with a preliminary short form prospectus in all of the provinces of Canada. This will constitute the Company's initial public offering of common shares in the United States (the "U.S. IPO").

8 Nov 2010

Global food security fund announces $97M in grants for Ethiopia, Mongolia, Niger

The Global Agriculture and Food Security Program (GAFSP) has awarded a second round of grants worth $97 million to Ethiopia, Mongolia and Niger for projects aimed at fighting hunger and poverty, the U.S. Treasury Department said on Thursday, Agence France-Presse reports.

8 Nov 2010

Limiting inflammation can control accumulation of carotid atherosclerosis in RA patients

New data presented this week at the American College of Rheumatology Annual Scientific Meeting in Atlanta show that systemic inflammation and rheumatoid arthritis disease activity may contribute to the progression of atherosclerosis in people with RA. The data also show that this progression may be modified favorably by TNF inhibitors and detrimentally by glucocorticoids.

8 Nov 2010

BCAM to provide public relations services to LifeSpan Network

Award-winning Lutherville agency, Barb Clapp Advertising & Marketing (BCAM), is pleased to announce the addition of a new client for the growing firm. BCAM will provide the LifeSpan Network, based in Columbia, MD, with public relations services.

8 Nov 2010

22nd Century awarded $244,000 QTDP program grant

22nd Century Limited, LLC, a company focused on smoking cessation and tobacco harm reduction products, announced that it has been awarded $244,000 in grant funding as part of the U.S. Government's Qualifying Therapeutic Discovery Project (QTDP) program.

8 Nov 2010

CMU receives $2.9 million DOD research grant to develop therapy for amputees

CMU's Jeffrey O. Hollinger, director of the center, and Professor Krzysztof Matyjaszewski have received a three-year, $2.9 million U.S. Department of Defense research grant to develop a therapy that would aid amputees, specifically wounded soldiers. The therapy aims to prevent bone nodules from forming in the muscle at the site of amputation, a painful condition that makes it difficult for amputees to wear limb prostheses.

8 Nov 2010

HHS gives states technical guidance for Medicaid system while some video game companies start to focus on medical field

Modern Healthcare: "HHS will give states financial aid and technical guidance to help them set up information technology systems to streamline enrollment in Medicaid or health insurance exchanges under the Patient Protection and Affordable Care Act, according to a news release from the department. HHS proposes that states will be able to receive federal dollars to cover 90% of design and development costs and 75% of operating and maintenance costs of Medicaid eligibility systems.

8 Nov 2010