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Medicare reimbursement cuts lead to decline in unnecessary or inappropriate care

When Medicare policy changes led to reductions in reimbursement for hormonal treatment of prostate cancer, there was a sharp decline in its use among patients not likely to benefit from the treatment. But among patients for whom the therapy is clearly beneficial, doctors continued to prescribe it at the same rate, according to a new study.

4 Nov 2010

EDP Biotech receives $244,000 grant under QTDP program for colon cancer blood test

EDP Biotech Corporation was awarded a $244,000 grant from the federal government under the Qualifying Therapeutic Discovery Project program as a result of the company's work in the development of their ColoMarker test, an early detection blood test for colon cancer.

4 Nov 2010

Omega third quarter net income decreases from $21.1 million to $17.0 million

Omega Healthcare Investors, Inc. today announced its results of operations for the quarter ended September 30, 2010.

4 Nov 2010

Aeolus receives $489,000 grant under QTDP program for two lead compounds

Aeolus Pharmaceuticals, Inc. today announced that it has been awarded a total of approximately $489,000 under the Qualifying Therapeutic Discovery Grant Program (QDTP) administered by the Internal Revenue Service and the Department of Health and Human Services.

4 Nov 2010

Bristol-Myers Squibb and Simcere partner to co-develop oncology compound

Bristol-Myers Squibb Company and Simcere Pharmaceutical Group, a leading pharmaceutical company in China, today announced an innovative strategic partnership to co-develop BMS-817378, a preclinical small molecule MET/VEGFR-2 inhibitor.

4 Nov 2010

During stop in Papua New Guinea, Secretary Clinton promotes women's rights

As part of Secretary of State Hillary Rodham Clinton's two-week Asia-Pacific tour, Clinton stopped in Papua New Guinea (PNG) on Wednesday to "promote human rights and women's empowerment in a South Pacific nation suffering from an epidemic of rape and police brutality," the Associated Press reports.

4 Nov 2010

Republican leaders say health law repeal is 'a top GOP priority'

Reuters: "Representative John Boehner, expected to be named the next speaker of the House of Representatives, vowed on Wednesday to repeal health care reforms pushed into law by the Obama administration. 'I believe that the healthcare bill that was enacted by the current Congress will kill jobs in America, ruin the best healthcare system in the world, and bankrupt our country,'" Boehner, an Ohio Republican, told a news conference" today (Lawder, 11/3).

4 Nov 2010

New cyber-database enables access to information on lymphedema

Lymphedema is a chronic condition that causes swelling of the limbs and affects physical, mental and social health. It commonly occurs in breast cancer survivors and is the second-most dreaded effect of treatment, after cancer recurrence. Every day, researchers throughout the world learn more about the condition and how it can be treated. Now, University of Missouri researchers are developing a place in cyberspace where relevant and timely information can be easily stored, searched, and reviewed from anywhere with the goal of improving health care through the availability of up-to-date, evidence-based research.

4 Nov 2010

Quick-Med Technologies awarded $244,000 QTDP grant to advance antimicrobial technology for wound care

Quick-Med Technologies, Inc., a life sciences company that is developing innovative technologies for the healthcare and consumer markets, announced today it has been awarded by the U.S government under Qualifying Therapeutic Discovery Project (QTDP) to advance the development of the company's NIMBUS® technology for wound dressings and wound drains.

4 Nov 2010

SurModics and Edge Therapeutics enter licensing agreement for drug delivery technology

SurModics, Inc., a leading provider of drug delivery and surface modification technologies to the healthcare industry, and Edge Therapeutics, Inc., a specialty biopharmaceutical company that transforms proven, off-patent drugs into targeted, locally delivered therapies for neurological disorders, announced today that the companies have entered into a licensing agreement for drug delivery technology.

4 Nov 2010

Spectrum Pharmaceuticals receives $977,900 grant under QTDP program

Spectrum Pharmaceuticals, Inc. a biotechnology company with fully integrated commercial and drug development operations with a primary focus in oncology, today announced that it has been awarded grants totaling $977,900 under the Qualifying Therapeutic Discovery Project (QTDP) Program administered under section 48D of the Internal Revenue Code.

4 Nov 2010

GOP claims Statehouse victories that could set back health law implementation

"The Democrats' ambitious health care overhaul is facing roadblocks from newly elected state officials who harshly criticized it while campaigning and who are now in a position to make good on their promises," Kaiser Health News reports. The GOP made significant political gains in Tuesday's election, taking "Governors' mansions in several states." Among the newly elected governors were Sam Brownback of Kansas, "who called the reform law 'an abomination,'" and Tennessee's Bill Haslam, who called the law "an 'intolerable expansion' of federal power."

4 Nov 2010

Michigan BCBS sued for second time over hospital contracts

Blue Cross Blue Shield of Michigan is being sued for a second time in two weeks for allegedly pressuring hospitals to sign "most favored nation" contracts that required them to charge competing insurers higher rates.

4 Nov 2010

Single injection of morphine to fight persistent pain reduces testosterone level: Research

A single injection of morphine to fight persistent pain in male rats is able to strongly reduce the hormone testosterone in the brain and plasma, according to a new paper published in Molecular Pain.

4 Nov 2010

Spherix subsidiary awarded $469,479 grant under Patient Protection and Affordable Care Act

Spherix Incorporated, an innovator in biotechnology for therapy in diabetes, metabolic syndrome and atherosclerosis; and provider of technical and regulatory consulting services to food, supplement, biotechnology and pharmaceutical companies, today announced that its subsidiary, Biospherics Incorporated, has been awarded $469,479 under HR: 3590 – Patient Protection and Affordable Care Act in immediately available funds.

4 Nov 2010

MicroPhage receives $977,916 QTDP grant for development of MRSA/MSSA Blood Culture Test

MicroPhage, Inc. announced today that it has received two Qualifying Therapeutic Discovery Project (QTDP) grants totaling $977,916 from the IRS. The grants, awarded as part of the Affordable Care Act, apply to small-company R&D expenditures that reduce the cost and increase the quality of healthcare in the U.S. The grants will be applied to the development of MicroPhage's first product, the MRSA/MSSA Blood Culture Test, currently under review at the FDA.

4 Nov 2010

Synageva receives $2.3 million under QTDP program

Synageva BioPharma Corp., a privately held biopharmaceutical company developing novel treatments for rare diseases, today announced that the US Treasury Department awarded approximately $2.3 million to Synageva BioPharma as part of the Qualifying Therapeutic Discovery Project Program.

4 Nov 2010

Republicans look to use majority for health overhaul repeal, plan vote

Now in control of the House of Representatives, Republicans are planning to flex their muscles quickly to try to repeal the Democratic health law but even some GOP leaders acknowledge it is likely they can get rid of the law right away.

4 Nov 2010

SPRC receives funds from SAMHSA to focus on populations at high risk for suicide

In the United States, suicide claims over 34,000 lives annually, the equivalent of 94 suicides per day; one suicide every 15 minutes. To address this national crisis the Substance Abuse and Mental Health Services Administration (SAMHSA) is awarding a total of up to $22.4 million in additional funds over the course of the next five years to the Suicide Prevention Resource Center (SPRC).

4 Nov 2010

With newly-elected governors, GOP gains clout to fight health reform law

Kaiser Health News staff writers Julie Appleby and Mary Agnes Carey report: "The Democrats' ambitious health care overhaul is facing roadblocks from newly elected state officials who harshly criticized it while campaigning and who are now in a position to make good on their promises" (Appleby and Carey, 11/3).

4 Nov 2010

Medical News

Medicare reimbursement cuts lead to decline in unnecessary or inappropriate care

EDP Biotech receives $244,000 grant under QTDP program for colon cancer blood test

Omega third quarter net income decreases from $21.1 million to $17.0 million

Aeolus receives $489,000 grant under QTDP program for two lead compounds

Bristol-Myers Squibb and Simcere partner to co-develop oncology compound

During stop in Papua New Guinea, Secretary Clinton promotes women's rights

Republican leaders say health law repeal is 'a top GOP priority'

New cyber-database enables access to information on lymphedema

Quick-Med Technologies awarded $244,000 QTDP grant to advance antimicrobial technology for wound care

SurModics and Edge Therapeutics enter licensing agreement for drug delivery technology

Spectrum Pharmaceuticals receives $977,900 grant under QTDP program

GOP claims Statehouse victories that could set back health law implementation

Michigan BCBS sued for second time over hospital contracts

Single injection of morphine to fight persistent pain reduces testosterone level: Research

Spherix subsidiary awarded $469,479 grant under Patient Protection and Affordable Care Act

MicroPhage receives $977,916 QTDP grant for development of MRSA/MSSA Blood Culture Test

Synageva receives $2.3 million under QTDP program

Republicans look to use majority for health overhaul repeal, plan vote

SPRC receives funds from SAMHSA to focus on populations at high risk for suicide

With newly-elected governors, GOP gains clout to fight health reform law

Fourier 80: bringing benchtop NMR systems to the laboratory

How industrial hygiene flow calibration supports defensible exposure data

How electrical engineering ensures accurate calibration and patient safety

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