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Pall completes $375M Senior Notes offering

Pall Corporation today announced that it has completed the previously announced public offering of its $375 million aggregate principal amount of 5.00% Senior Notes due June 15, 2020.

From Pall Corporation 19 Jun 2010

Research may identify reasons underlying increased risk of AAA in men

Research currently being undertaken at the University of Leicester may identify reasons underlying an increased risk of Abdominal Aortic Aneurysms in men.

19 Jun 2010

Medicaid funds may not come through, leaving states in a lurch

If increased federal support for Medicaid isn't extended, states will have to fill budget holes next year that many legislatures have not anticipated.

19 Jun 2010

Hospitals work to reduce wait times, readmission rates

The Baltimore Sun writes about hospitals working to reduce emergency room wait times and then advertising the results. "St. Joseph Medical Center [in Towson, Md.] posts the anticipated wait time on its website. Harbor Hospital in South Baltimore has put up billboards and handed out brochures door-to-door to tell residents about its 'quick' emergency room experience.

19 Jun 2010

Equatorial Guinea strengthens health facilities to boost access to reproductive health services

The Republic of Equatorial Guinea (Republica de Guinea Ecuatorial, along with the United Nations Population Fund (UNFPA), is working to strengthen and equip health facilities throughout the country to boost access to reproductive health services. The rebuilding process includes the construction and renovation of health centers and maternity units as well as proper training for medical students.

19 Jun 2010

Tongjitang first-quarter net revenue up 25.6% to $16.6 million

Tongjitang Chinese Medicines Company, a leading specialty pharmaceutical company focusing on the development, manufacturing, marketing and selling of modernized traditional Chinese medicine in China, today announced its financial results for the quarter ended March 31, 2010.

19 Jun 2010

Federal agencies will establish a 'do not pay list' to prevent fraud

President Obama will order federal agencies Friday to establish a national 'do not pay list' to prevent the government from paying benefits, contracts, grants and loans to ineligible people or organizations, according to senior administration officials. The moves are part of a series to cut government waste and fraud and come amid calls for more fiscal restraint from Republicans and moderate Democrats.

19 Jun 2010

Survery: Most respondents don't really get health IT

Only one in ten respondents to a Harris Interactive survey use electronic medical records or interact with their doctors by e-mail, HealthDay/Bloomberg Businessweek reports. Half were unsure whether their doctors even use these technologies. "Still, most of those polled said they would like their doctors to access their medical records with the click of a mouse. On the other hand, only about a third (30 percent) believe their insurer should have that same access."

19 Jun 2010

Tea and coffee consumption linked with reduced heart disease: Study

Coffee and tea drinkers may not need to worry about indulging - high and moderate consumption of tea and moderate coffee consumption are linked with reduced heart disease, according to a study published in Arteriosclerosis, Thrombosis, and Vascular Biology: Journal of the American Heart Association.

19 Jun 2010

BFAR subsidiary signs agreement to acquire ZHRK

BioPharm Asia, Inc., a producer, distributor and retailer of medical products in China, today announced that its wholly-owned subsidiary, China Northern Pharmacy Holding Group Limited, has entered into an agreement to acquire all of the outstanding shares of Beijing Zhihe Ruikang Hospital Management Ltd., a professional Chinese hospital management consultation group, for a consideration of RMB2,400,000 (approximately $350,000).

19 Jun 2010

Teva closes $2.5 billion Senior Notes offering

Teva Pharmaceutical Industries Limited announced today that it has closed the previously announced offering, by its special purpose finance subsidiaries, of a debt offering in three tranches:

19 Jun 2010

Health care issues major factors in Utah, Florida races

Rep. Jim Matheson, D-Utah, is facing an angry progressive base as he pushes for re-election after his "no" vote on health reform legislation, Politico reports. "The pushback against Matheson took its fullest expression in early May, when a restless Democratic base delivered the lawmaker a surprisingly narrow 55 percent to 45 percent victory at this spring's party convention — an unimpressive result for an incumbent that fell short of the 60 percent necessary to avoid a primary for the nomination."

19 Jun 2010

Friday Opinions: Uwe Reinhardt, Reps. Ron Paul and John Sarbanes, Minnesota nurses' strike

Alas, the penalties baked into the bill for disregarding the mandate, though not trivial, are low enough that many younger and healthier individuals are likely to find paying the penalty cheaper than owning up to the mandate. If that happens in significant numbers, as well it might, the premiums that private insurers will have to charge for the mandated coverage in the small-group market will be driven correspondingly higher (Uwe Reinhardt, 6/18).

19 Jun 2010

iMedX acquires assets of PRN

iMedX Inc., a leading healthcare software and services company, announced today that it has acquired the assets of PRN Medical Management, LLC, a medical transcription company serving medical clinics for over 18 years, primarily in Maryland, Washington DC, and Virginia. With the acquisition of PRN, iMedX expands its base in the Washington DC metro area and beyond. PRN's employees in India will be absorbed by iMedX's subsidiary Worldtech.

19 Jun 2010

Lawmakers want crackdown on drug agreements that keep generics out

Democrats are looking at proposals to crack down on licensing agreements between drug companies that keep generic drugs out of the market, Politico reports. In the agreements, pharmaceutical companies pay generic manufacturers to "delay introduction of generic drugs, which are often cheaper than brand-name drugs.

18 Jun 2010

ActiveCare, Vista Therapeutics announce strategic relationship to develop Nano Biosensors for seniors

ActiveCare, Inc. and Vista Therapeutics, Inc. announced today a strategic relationship to develop Nano Biosensors for ActiveCare's products and services to be utilized by the elderly. These Biosensors will allow ActiveCare to continuously monitor specific chronic diseases commonly occurring in the elderly and thus preventively predict and avoid acute medical events. "This technology is designed to prolong and improve the quality of life of our senior population," stated James Dalton, President of ActiveCare.

18 Jun 2010

Advisory panel recommends FDA approve new "morning after" pill

The New York Times: A Food and Drug Administration advisory panel Thursday recommended that the agency approve "a medicine that could help prevent pregnancy if taken as late as five days after unprotected sex. The pill, called ella, sprang from government labs and appears to be more effective than Plan B, a morning-after pill now available over the counter to women 18 and older that gradually loses efficacy after intercourse and can be taken at latest three days after sex.

18 Jun 2010

Naviscan announces presentations on PEM technology at Society of Nuclear Medicine Annual Meeting

Naviscan's Positron Emission Mammography (PEM) technology was the focus of several presentations and discussions at the Society of Nuclear Medicine Annual Meeting in Salt Lake City. The focus represents a growing interest and validation of how PEM can play an important role in the fight against breast cancer.

18 Jun 2010

National Cheng Kung University Hospital's Outpatient Building inaugurated

The Outpatient Building of National Cheng Kung University Hospital was officially inaugurated on June 12th to provide excellent medical service and to further ensure the health of people in Southern Taiwan.

18 Jun 2010

Neupro improves wellbeing impaired by pain related to Restless Legs Syndrome

The first data to show that Neupro® (rotigotine transdermal system) significantly improved wellbeing and daily activities that are often impaired by pain related to Restless Legs Syndrome (RLS) were presented this week at the 14th International Congress of Parkinson's Disease and Movement Disorders in Buenos Aires, Argentina.

18 Jun 2010