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Medicare growing fiscally unsustainable yet remains politically untouchable

Medicare, an indispensable safety net, is fiscally unsustainable in the long term, yet it may be politically untouchable, The Center for Public Integrity reports in the first of a multipart series.

27 Oct 2010

Oncolytics presents REO 013 clinical trial data for colorectal cancer at International Symposium in Spain

Oncolytics Biotech Inc. announced today that interim data from a U.K. translational clinical trial (REO 013) investigating intravenous administration of REOLYSIN in patients with metastatic colorectal cancer prior to surgical resection of liver metastases was presented at the International Symposium on Cytotoxic T-lymphocytes (CTL) and Immunostimulation being held in Pamplona, Spain.

27 Oct 2010

Tripos releases new version of SYBYL-X for QSAR studies

Tripos, a leading provider of drug discovery informatics products and services, today announced the release and general availability of SYBYL-X Version 1.2.

27 Oct 2010

Trilogy receives four-year federal grant from SAMHSA

Trilogy, Inc., a behavioral healthcare organization serving people in recovery from serious mental illness, is the recipient of a four-year federal grant from the national Substance Abuse and Mental Health Services Administration (SAMHSA), announced John Mayes, President and CEO of Trilogy, Inc.

27 Oct 2010

CYP2C19 gene variant can increase risk of cardiovascular events in patients treated with clopidogrel

An analysis of data from previously published studies indicates that use of the antiplatelet drug clopidogrel for patients who have common genetic variants of a certain gene and are undergoing a procedure such as coronary stent placement have an associated increased risk for major adverse cardiovascular events, particularly development of blood clots in stents, according to a study in the October 27 issue of JAMA.

27 Oct 2010

Doctors agree on need to change Medicare pay, but not how

Doctors widely believe that the Medicare payment system is unfair, but they disagree about how to fix it, according to a recent study, MedPage Today reports. "While physicians generally support changing how Medicare reimburses doctors, most don't support payment reforms that would reduce their own incomes, according to survey results published in the Oct. 25 issue of Archives of Internal Medicine.

27 Oct 2010

Insuring your health: High risk pools for people with medical issues start slowly

In her latest Kaiser Health News consumer column, Michelle Andrews writes, This summer, new health insurance programs aimed at people with preexisting medical conditions began accepting applications around the country.

27 Oct 2010

Illumina announces single flow cell version of HiSeq 2000 sequencing system

Illumina, Inc. today announced HiSeq 1000, a single flow cell version of the company's HiSeq 2000 sequencing system. HiSeq 1000 is designed for researchers who want the ease of use, industry-leading cost per gigabase (Gb) and data rate of the HiSeq 2000 but do not currently require its throughput. As their research scales, users will be able to upgrade their system to the HiSeq 2000 and double their output.

From Illumina, Inc. 27 Oct 2010

Pacific Biosciences prices initial public offering of common stock

Pacific Biosciences of California, Inc. developer of single molecule, real-time (SMRT) technology for biological analysis, announced today the pricing of its initial public offering of 12,500,000 shares of its common stock at $16.00 per share. All shares are being sold by the company.

27 Oct 2010

ARIAD prices common stock public offering

ARIAD Pharmaceuticals, Inc. announced today the pricing of an underwritten public offering of 16,000,000 shares of its common stock at $3.70 per share. The offering is expected to close on or about October 29, 2010, subject to customary closing conditions. In addition, ARIAD has granted the underwriters a 30-day option to purchase up to 2,400,000 shares of common stock to cover over-allotments, if any.

27 Oct 2010

States, insurers, employers move forward with health law implementation

News outlets report on efforts to implement the new health law, including high risk pools and insurers' summaries of their plans.

27 Oct 2010

Long non-protein coding RNAs respond to SARS virus infection, says study

For the first time, scientists have discovered that a poorly understood class of RNA produced in a mammal's cells during a respiratory virus attack may affect the outcome of the infection. Their findings are reported today in mBio, a journal of the American Society for Microbiology.

27 Oct 2010

Boston Scientific announces completion of Asthmatx acquisition

Boston Scientific Corporation today announced the completion of its acquisition of Asthmatx, Inc. of Sunnyvale, California. The transaction follows the definitive agreement announced on September 20. Under the terms of the agreement, Boston Scientific purchased all outstanding Asthmatx shares for a total of $193.5 million. Additional payments of up to $250 million are contingent upon achievement of specified revenue-based criteria through 2019. Asthmatx is now an indirect, wholly-owned subsidiary of Boston Scientific.

27 Oct 2010

Health care angst keeps campaigns on edge in final week

Interest and anger about health care is fueling tension in political campaigns for offices ranging from insurance commissioner to U.S. senator.

27 Oct 2010

AutoGenomics granted FDA 510(k) clearance for INFINITI CYP2C19 Assay

AutoGenomics, a leader in providing automated, molecular testing solutions announced today that it has received 510(k) clearance from the U.S. Food and Drug Administration to market its INFINITI® CYP2C19 Assay. The test detects 3 genetic variants, *2, *3, *17, of the CYP450 2C19 gene and is to be used on the company's automated molecular testing platform, the INFINITI® Analyzer.

27 Oct 2010

Sirius receives U.S. patent for using SNP in Protein C gene

Sirius Genomics, a developer of companion diagnostics, announced today that U.S. Patent 7,820,376 entitled "Protein C Polymorphisms" has been issued by the United States Patent and Trademark Office. The patent relates to a novel use of a Single Nucleotide Polymorphism (SNP) located in the Protein C gene.

27 Oct 2010

Illumina 2010 third quarter revenue increases 50% to $237.3 million

Illumina, Inc. today announced its financial results for the third quarter of 2010.

From Illumina, Inc. 27 Oct 2010

Pledge to reduce antipsychotic use in dementia sufferers

A new coalition of 44 organizations called the Dementia Action Alliance, has called for a cut in the use of anti-psychotic drugs for patients with dementia. The coalition includes Alzheimer's Research Trust, Alzheimer's Society, BUPA, Dementia UK, the Royal College of Psychiatrists, Royal College of General Practitioners and Stroke Association.

26 Oct 2010

Rising alcohol prices driving the young towards illicit drug use

A latest study that spanned over two years revealed a link between alcohol prices and consumption of illicit drugs such as ecstasy. The study says that as alcohol prices have risen young people have ‘switched’ to the party drug ecstasy as an alternative.

26 Oct 2010

Stress can literally show up on the face

According to an Australian stylist stress affects the health as well as appearance. Gregory Landsman, the author of Face and Fitness said that high stress level is immediately visible on a person’s face.

26 Oct 2010