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Insurance groups seek to limit health law damage with medical-loss ratio definitions

Insurance groups are wrangling with regulators on defining a few key terms that will significantly alter how they do business under the new health reform law.

18 May 2010

FibroGen's FG-3019 human monoclonal antibody against CTGF reverses progression of lung fibrosis

FibroGen, Inc. today announced that administration of investigational therapy FG-3019, a human monoclonal antibody against connective tissue growth factor (CTGF), reversed the process of fibrosis in a preclinical model of radiation-induced lung fibrosis, a finding that has implications for treating multiple types of fibrotic disease.

18 May 2010

Cynosure's proprietary aesthetic laser systems receive regulatory approvals in Asia and South America

Cynosure, Inc., today announced four international regulatory approvals that extend the reach of the company's proprietary aesthetic laser systems in Asia and South America.

18 May 2010

Ambry Genetics launches AmbryScreen test for genetic screening of severe, common childhood diseases

Ambry Genetics announced today at the American College of Obstetricians and Gynecologists annual clinical meeting the launch of AmbryScreen™, a genetic screening test used to identify carriers of some of the most severe and common childhood diseases affecting pan-ethnic populations.

18 May 2010

152 research and training grants awarded to researchers at 93 institutions nationwide

The American Cancer Society, the largest non-government, not-for-profit funding source of cancer research in the United States, has awarded 152 new national research and training grants totaling $50,717,000 in the first of two grants cycles for 2010. The grants, primarily to early career researchers, cover a broad range of investigator-initiated ideas at 93 institutions nationwide, from whether cadmium exposure increases the risk of endometrial cancer, to studies of plant and bacterial-bourne compounds, to a study on a protein called survivin that could lead to novel drugs targeting prostate cancer.

18 May 2010

Four largest insurers in Mass. post first-quarter losses

The Boston Globe's Business Updates: Massachusetts' "four biggest health insurers today posted first-quarter losses totalling more than $150 million, with three of the carriers blaming the bulk of their deficit on the Patrick administration's decision to cap rate increases for individuals and small businesses." Blue Cross Blue Shield of Massachusetts, Harvard Pilgrim Health Care, Tufts Health Plan and Fallon Community Health Plan all reported loses.

18 May 2010

Democrats strategize by touting early benefits but in some areas party is facing tough fight

Democrats enlisted a reliable strategy by "front-loading their legislation with consumer-friendly, insurance industry reforms and other fixes they hope will generate support for the new law in the run-up to the pivotal midterm elections." Democrats are hoping that a skeptical public will come around to their side of the equation, but Republicans say voters will remember all the legislation, not just part of it, when they vote in November.

18 May 2010

BioPharm Asia first-quarter revenues increase 41.6% to $32.1 million

BioPharm Asia, Inc., a producer, distributor and retailer of medical products in China, today announced its financial results for the first quarter ended March 31, 2010.

18 May 2010

FDA issues complete response letter for roflumilast NDA

Forest Laboratories, Inc. and Nycomed today announced that the U.S. Food and Drug Administration (FDA) issued a complete response letter regarding the New Drug Application (NDA) for roflumilast. Roflumilast was reviewed as a potential treatment to reduce COPD exacerbations associated with chronic bronchitis in patients at risk for exacerbations.

18 May 2010

No clear evidence of a mobile phone and brain cancer link

Use of mobile phones has been under scrutiny for a while now with many claiming a link between mobile phone use and brain cancer. The mild radioactive waves generated from mobile phones have so far been poorly understood. There are no known mechanisms by which mobile phone radiation could cause cancer. Unlike x-rays, mobile phone radiation is non-ionising, and is too weak to break apart DNA, which is necessary to induce other cancers. However scientists do agree that this radiation might speed up a growing brain tumor.

17 May 2010

Is gluten the latest villain in the battle for better health?

If you've been food shopping or out to eat lately, you've probably noticed that "gluten-free" foods now claim their own grocery store shelves and dozens of national restaurant chain menus highlight "gluten-free" entrees.

17 May 2010

Australian doctors identify new disease and devise its cure

A team of Australian doctors have identified a new disease and its cure. In their report published in the journal Clinical Infectious Diseases the doctors from The Queensland Institute of Medical Research (QIMR) report a case of a young NSW woman ill for almost a decade with repeated hospitalizations. She is now said to be suffering from a diseases that disabled the signaling processes of her immune system. The diseases is not named yet. Dr Maher Gandhi, head of QIMR's Immunohemotology Laboratory believes there are more cases of this disease. He said this Monday, “I haven't got a name for it other than T-cell signaling defect of which I assume there are quite a few different types… There are no recorded cases of this in the literature. Katie is unique ... I think we're at the tip of the iceberg here.”

17 May 2010

USAID's Shah on six-day visit to Africa

"[O]n his first visit to Africa since taking charge as the administrator of USAID in January," Rajiv Shah said in Nairobi, Kenya on Saturday that the agency "is working to make Africa a bigger priority within the organization," the Associated Press writes. USAID, which "funds and runs programs to improve health, food security, democracy and entrepreneurship in Africa," has offices in 23 countries on the continent, according to the AP (5/15).

17 May 2010

LifeVantage third-quarter net revenue up 316%

LifeVantage Corporation, the maker of science-based solutions to oxidative stress, announced today unaudited third quarter fiscal 2010 financial and operating results.

17 May 2010

Cardiocom releases new pulse oximeter

Cardiocom today announced the release of its new pulse oximeter. Cardiocom's internally developed pulse oximeter offers better integration with its telehealth platform. Cardiocom designs and manufactures telehealth communication devices and vital sign peripherals including: blood pressure system, weight scale, and now offers its new pulse oximeter.

17 May 2010

To achieve MDGs, economic policies must help poor, UNDP head says

Economic policies that help the poor will bring the world closer to meeting the Millennium Development Goals [MDGs] - "[g]lobal targets to halve poverty and improve basic health by 2015," Helen Clark, the U.N. Development Programme (UNDP) administrator, said Friday at the end of a four-nation tour of Africa, Agence France-Presse reports.

17 May 2010

WaferGen Biosystems first-quarter revenues increase to $389,785

WaferGen Biosystems, Inc., a leading developer of state-of-the-art genome analysis systems, today reported performance results for the first quarter ended March 31, 2010.

17 May 2010

Medicare cuts for physicians loom, yet again

A 21 percent reduction in Medicare reimbursements that has loomed over physicians all year will go into effect on June 1, unless Congress acts to further delay the cuts, CNNMoney reports. "If the proposed cuts go through, physicians are worried their practices will be so strapped that they'll have to drop some of the 43 million Americans who are covered under Medicare."

17 May 2010

Highwoods Properties, INC Research expand relationship

Highwoods Properties, Inc., the largest owner and operator of suburban office properties in the Southeast, today announced that it has expanded its relationship with INC Research®, Inc., a therapeutically focused contract research organization that conducts global clinical development programs.

17 May 2010

KHN Column: The health care cost problem we refuse to see

In his latest Kaiser Health News column, Austin Frakt writes: "I agree with those who think the Patient Protection and Affordable Care Act doesn't do enough soon enough to control the rate of increase in health insurance premiums.

17 May 2010