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BioVentrix announces First-in-Man milestone for PliCath heart failure system

BioVentrix, developer of the PliCath HF™ System for use in Epicardial Catheter-based Ventricular Reconstruction (ECVR), today announced achievement of its First-in-Man milestone, performed on a 52-year-old male heart failure patient in Krakow, Poland. The PliCath HF System is designed to treat heart failure (HF) by reducing the enlarged Left Ventricle (LV) through an anchoring system that is delivered across the cardiac chambers with the use of a catheter.

9 Aug 2010

Medical Action Industries first-quarter fiscal 2011 net sales decrease 5.5%

Medical Action Industries Inc., a leading supplier of medical and surgical disposable products, today reported fiscal results for the first quarter ended June 30, 2010.

9 Aug 2010

GTx second-quarter net loss increases to $12.9 million

GTx, Inc. today reported financial results for the second quarter of 2010. The net loss for the quarter ended June 30, 2010 was $12.9 million compared with a net loss of $11.3 million for the quarter ended June 30, 2009. The net loss for the second quarter of 2010 included a $1.7 million non-cash impairment charge related to the conclusion of the Phase III clinical trial of toremifene 20 mg.

9 Aug 2010

Millennium Laboratories signs agreement to assist physicians with drug monitoring services, tools

Millennium Laboratories, Inc., a leading provider of therapeutic drug monitoring and education to physicians and staff treating chronic pain, announced today a national agreement with MultiPlan, the nation's leading comprehensive provider of healthcare cost management solutions. As a participating provider in the PHCS and MultiPlan Networks, Millennium Laboratories will assist participating physicians with state-of-the-art therapeutic drug monitoring services and tools.

9 Aug 2010

Rite Aid announces proposed $650 million senior secured notes offering

Rite Aid Corporation announced today its intention to offer $650 million aggregate principal amount of senior secured notes due 2020. The notes will be unsecured, unsubordinated obligations of Rite Aid Corporation and will be guaranteed by substantially all of Rite Aid's subsidiaries. The guarantees will be secured on a senior lien basis.

9 Aug 2010

Capstone second-quarter net loss decreases to $2.9 million

Capstone Therapeutics, today announced financial results for the second quarter of 2010.

9 Aug 2010

Bovie Medical reports revenues of $5,896,909 for second-quarter2010

Bovie Medical Corporation, a manufacturer and marketer of electrosurgical products, today announced its financial results for the second quarter and six months ended June 30, 2010.

9 Aug 2010

First Edition: August 9, 2010

Today's health policy headlines include dispatches from the campaign trail, news of the President's weekly address and developments from the health care marketplace.

9 Aug 2010

Pharmacy Network transaction connectivity links myMatrixx, Starr Comprehensive Solutions at Texas A&M System

The Texas A&M University System's workers' compensation pharmacy benefit management strategy with Tampa, FL based myMatrixx, which integrates clinical pharmacy services with advanced technology to optimize recovery outcomes, features a collaborative connectivity arrangement assuring continuation of the Texas A&M System's compliance with state eBilling requirements.

9 Aug 2010

ESMO Congress provides forum for presentation of new research on treatment of cancer

Cancer is a leading cause of mortality worldwide, accounting for more than one in ten deaths. By 2030, the global burden is expected to exceed 12 million.

9 Aug 2010

AOBO to launch Yin Yang balancing medication Pai Du Qing Zhi Tablet

American Oriental Bioengineering, Inc., a pharmaceutical company dedicated to improving health through the development, manufacture and commercialization of a broad range of prescription and over the counter products, today announced that its Boke brand Pai Du Qing Zhi Tablet, a prescription medicine aimed at achieving the balance of Yin Yang by regulating metabolism, in order to cleanse the blood and detoxify, dispose of hemorrhoids, fight obesity and lower hyperlipemia, will be commercially launched in the third quarter of 2010.

9 Aug 2010

China Jo-Jo Drugstores announces new store openings

China Jo-Jo Drugstores, Inc.("Jo-Jo Drugstores" or the "Company"), which operates a retail pharmacy chain in Zhejiang Province, today announced store openings in the cities of Quzhou and Hangzhou, increasing Jo-Jo Drugstores' total store count to 42 locations.

9 Aug 2010

WellCare Health Plans reaches agreement on material terms of settlement

WellCare Health Plans, Inc. announced today that it has reached an agreement on the material terms of a settlement which will resolve the claims asserted against the Company in the previously disclosed putative securities class action consolidated complaint filed against the Company.

9 Aug 2010

Chindex first-quarter revenue from Healthcare Services division increases 12.3% to $24.7 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 first quarter of fiscal year 2011, which reflects the three month period ended June 30, 2010.

9 Aug 2010

China-Biotics net sales for first-quarter fiscal 2011 increase 61.8% to $24.9 million

China-Biotics, Inc., a leading developer, manufacturer and distributor of probiotics products in China, today reported its financial results for the first quarter of its 2011 fiscal year, ended June 30, 2010.

9 Aug 2010

ISAPS Biennial Global Survey of plastic surgeons and procedures

The International Society of Aesthetic Plastic Surgery is a world leader in plastic surgery. After a year-long process, the Society has produced the "ISAPS Biennial Global Surve" of plastic surgeons and procedures in the top 25 countries and regions – representing 75% of all procedures in 2009.The ISAPS Survey marks the first time reliable international plastic surgery data has been obtained and analyzed by independent statistical specialists.

9 Aug 2010

RadNet second-quarter revenue increases 6.0% to $139.0 million

RadNet, Inc., a national leader in providing high-quality, cost-effective, fixed-site outpatient diagnostic imaging services through a network of 191 fully-owned and operated outpatient imaging centers, today reported financial results for its second quarter of 2010.

9 Aug 2010

Aquilion ONE 320-detector row CT system reduces radiation exposure

When pediatric patients are imaged using CT, reducing sedation and radiation dose while maintaining the best possible image quality is paramount in delivering care. To provide patients with high-quality CT exams and a reduction in sedation and radiation dose, leading children's hospitals are installing Toshiba America Medical Systems, Inc.'s Aquilion ONE 320-detector row CT system.

9 Aug 2010

Lexicon Pharmaceuticals updates key progress in clinical pipeline

Lexicon Pharmaceuticals, Inc. (Nasdaq: LXRX), a biopharmaceutical company focused on discovering and developing breakthrough treatments for human disease, today updated the progress of its drug development programs and reported financial results for the three and six months ended June 30, 2010.

9 Aug 2010

Osteotech second-quarter revenue increases 2% to $24.0 million

Osteotech, Inc., a leader in the emerging field of biologic products for regenerative healing, today reported financial results for the second quarter ended June 30, 2010.

9 Aug 2010