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Cornerstone Pharmaceuticals closes $6.17M Series B-4 private equity financing

Cornerstone Pharmaceuticals Inc., a privately held, clinical stage oncology-focused pharmaceutical company, has announced the closing of its Series B-4 private equity financing of $6,175,000. The Company plans to use the proceeds for its on-going phase I/II clinical trials of its lead cancer drug--CPI-613, research and development, and general corporate purposes.

27 Jan 2010

AIM releases new educational podcasts on its patient safety website section

American Imaging Management, Inc. (AIM), a leading diagnostic imaging benefit management and technology company with health plan clients representing more than 35 million consumers and an operating subsidiary of WellPoint, Inc. ( WLP), announced the release of new educational podcasts on the company's patient safety section of its Web site at www.americanimaging.net/safety.

27 Jan 2010

Neoprobe completes license amendment with The Dow Chemical

Neoprobe Corporation, a diversified developer of innovative oncology surgical and diagnostic products, announced today that it has completed a license amendment with The Dow Chemical Company for a variety of antibodies used in its proprietary surgical oncology system called radioimmunoguided surgery or RIGS®.

27 Jan 2010

Doctors accepting medicare patients decline in rural Arizona

Doctors Accepting Medicare Patients Decline In Rural Arizona

27 Jan 2010

Suneva Medical to present interim data from its Artefill study for NLF correction at the Maui Derm 2010

Suneva Medical, a privately-held aesthetic medical device company, today announced 18-month interim results from its prospective, open-label, five-year safety and patient satisfaction study on Artefill for nasolabial fold (NLF) correction. The study assessed adverse events with Artefill starting at 6-months post treatment. Initial results show the incidence of adverse events with Artefill compare favorably to the current label, and that the majority of patients (88%) reported a high satisfaction rating. Upon completion, this will be the largest and longest duration prospective U.S. clinical study of any dermal filler.

27 Jan 2010

AIDS Healthcare Foundation bans Merck's sales representatives for unwarranted pricing of Isentress

AIDS Healthcare Foundation, the largest global AIDS organization which operates free AIDS treatment clinics in the US, Africa, Latin America/Caribbean, the Asia/Pacific Region and Eastern Europe, including 18 healthcare centers in California, Florida, and Washington, DC, has banned pharmaceutical sales representatives from Merck and Co. Pharmaceuticals, from calling on AHF’s medical providers and staff in its US healthcare centers.

27 Jan 2010

UCF researcher develops first dual vaccine to fight malaria and cholera

A University of Central Florida biomedical researcher has developed what promises to be the first low-cost dual vaccine against malaria and cholera.

27 Jan 2010

Medtronic' Melody Transcatheter Pulmonary Valve receives FDA approval under HDE

In a significant development for congenital heart disease patients, Medtronic, Inc. (NYSE: MDT), announced today that its Melody® Transcatheter Pulmonary Valve has received U.S. Food and Drug Administration (FDA) approval under a Humanitarian Device Exemption (HDE).

27 Jan 2010

Scott & White conducts DBS research for Parkinson's patients

At Scott & White Memorial Hospital, a multi-disciplinary team of neurosurgeons, neurologists, neurophysiologist, neuropsychologists and a movement disorders specialist are offering hope to some Parkinson's patients with a treatment called Deep Brain Stimulation (DBS). DBS involves placing a thin wire that carries electrical currents deep within the brain on Parkinson's patients who are no longer benefitting from medications, and have significant uncontrollable body movements called dyskinesia. Scott & White is also performing research into the effects of DBS on the non-motor symptoms of Parkinson's disease including "drenching sweats," bladder dysfunction, depression, hallucination, anxiety, and dementia as well as intestinal disorders, loss of sense of smell, and sleep disturbances.

27 Jan 2010

Ecolab signs exclusive license agreement with C Change Surgical

Ecolab Inc. today announced it has entered into an exclusive agreement with C Change Surgical LLC to license products that improve surgical outcomes by helping to maintain consistent body temperature of patients. The

27 Jan 2010

Dr. Shinya Yamanaka to receive the 2010 March of Dimes Prize in Developmental Biology

The scientist who reprogrammed adult cells into embryonic-like stem cells has been chosen to receive the 2010 March of Dimes Prize in Developmental Biology.

27 Jan 2010

Osiris Therapeutics completes enrollment in Prochymal MSC therapy Phase II trial for type 1 diabetes

Osiris Therapeutics, Inc. today announced that it has achieved a $750,000 milestone payment from the Juvenile Diabetes Research Foundation (JDRF) for completing enrollment in a Phase II clinical trial evaluating Prochymal, an adult mesenchymal stem cell (MSC) therapy, as a treatment for patients recently diagnosed with type 1 diabetes. The milestone is the fourth in a series of payments resulting from JDRF’s partnership with Osiris for the development of a therapy for type 1 diabetes.

27 Jan 2010

Health companies adapt to diminished likelihood of health reform

Some health executives are still calling for reform in the wake of Scott Brown's upset in the Massachusetts Senate race last week that undermined Democratic efforts to advance health reform, The (Richmond) Virginian-Pilot reports.

27 Jan 2010

Low-cost ventilators for healthcare emergencies

A group of UK anaesthetists have designed and tested three prototype low-cost ventilators that could provide vital support during major healthcare emergencies involving large numbers of patients or casualties. The devices, detailed in a paper published online by Anaesthesia, could also be used where resources are limited, such as in developing countries, remote locations or by the military.

27 Jan 2010

Insurance companies increased lobbying by 24 percent in 2009

The Hill reports on insurer lobbying spending in 2009: "America's largest insurance companies spent millions more on lobbying last year as lawmakers debated healthcare reform, lobbying disclosure records show.

27 Jan 2010

Findings may point toward potential therapies for type 2 diabetes

In people who put on a lot of weight, or whose bodies start developing the inability to use insulin effectively that leads toward type 2 diabetes, the pancreas typically ramps up its supply of insulin-generating "beta" cells, at least partly by replication of the existing cells.

27 Jan 2010

Idaho Technology commences clinical trials of FilmArray RP

Idaho Technology, Inc. (ITI) announced today that clinical trials of the FilmArray Respiratory Panel (RP) have commenced at three US Hospital Laboratories.

27 Jan 2010

Health care providers play a critical role in H1N1 vaccinations

Results from the latest C.S. Mott Children's Hospital National Poll on Children's Health indicate health care providers play a critical role in influencing parents and patients to vaccinate their children and themselves against H1N1 flu.

27 Jan 2010

Obama acknowledges mistakes in health overhaul politics and processes

President Barack Obama acknowledged Monday in an interview with ABC News' Diane Sawyer that mistakes were made in the health reform debate, among the biggest "was the confusing way in which the health bill was shaped." Obama said: "'I think the healthcare debate as it unfolded legitimately raised concerns not just among my opponents, but also amongst reporters that we just don't know what's going on,' and that some 'stray cats' got in the bill." Obama also said he "didn't make a bunch of deals" and "I am happy to own up to the fact that I have not changed Congress and how it operates the way I would have liked" (Mooney, 1/25).

27 Jan 2010