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BMY and MJN announce results of exchange offer

Bristol-Myers Squibb Company and Mead Johnson Nutrition Company announced today the final results of the offer by Bristol-Myers Squibb to exchange up to 170,000,000 shares of common stock of Mead Johnson for outstanding shares of Bristol-Myers Squibb common stock that were validly tendered and not validly withdrawn.

24 Dec 2009

Learning disabilities: Understanding the problem and managing the challenges

"Trying to address learning disabilities with innovative teaching methods and creative school financing is not the answer," said Etta Brown, a licensed educational psychologist, veteran social worker and author of "Learning Disabilities, Understanding the Problem and Managing the Challenges" from Langdon Street Press (www.understandingld.com).

24 Dec 2009

FDA issues Pfizer a Complete Response letter for Lyrica GAD monotherapy treatment

Pfizer Inc. announced today that the Food and Drug Administration (FDA) issued a Complete Response letter regarding the company’s New Drug Application (NDA) for Lyrica® (pregabalin) capsules CV as a monotherapy treatment for generalized anxiety disorder (GAD). The FDA determined that the data contained in the NDA were insufficient to support approval.

24 Dec 2009

New compound may halt drug-resistant lung cancer

The ability to make, test, and map the atomic structure of new anti-cancer agents has enabled a team of Dana-Farber Cancer Institute scientists to discover a compound capable of halting a common type of drug-resistant lung cancer.

24 Dec 2009

Brain training may enhance specific ability, but no scientific proof exists for overall mental fitness

Many brain training products claim to be able to keep us mentally fit. Some products even claim that brain training can prevent dementia in old age. But there is no scientific proof that games or other brain exercises can have this effect.

24 Dec 2009

Schumer's hunting trip with Nelson; Reid gets a hero's welcome

Politico reports on a hunting trip that Sen. Charles Schumer, D-N.Y., and Sen. Ben Nelson, D-Neb., took in Nebraska about six weeks ago. Schumer "bagged three pheasants. And six weeks later, he bagged Sen. Ben Nelson (D-Neb.), serving as key negotiator as Nelson held the fate of landmark health care legislation in the balance.

24 Dec 2009

Titan Medical completes private placement offering; issues units at $0.40

Titan Medical Inc. is pleased to announce that it has completed its private placement offering resulting in the issue of 5,822,000 units for gross proceeds of $2,328,800.

24 Dec 2009

False Claims Act allegations: Visiting Physicians Association to pay $9.5M

Visiting Physicians Association, which is based in Farmington Hills, Mich., will pay the United States and the state of Michigan $9.5 million to settle allegations that the association violated the False Claims Act by submitting false claims to Medicare, TRICARE and the Michigan Medicaid program, the Justice Department announced today. Visiting Physicians Association is a Michigan professional corporation which has provided home health services at various times in Michigan, Ohio, Georgia and Wisconsin.

24 Dec 2009

White House does not expect conference bill before State of the Union speech

Although a deal was struck Tuesday to get a vote on the Senate health bill before Christmas, White House officials said Wednesday that they don't expect a conference bill to pass both houses before President Barack Obama's State of the Union address in late January or early February, Politico reports. Democratic congressional leaders had earlier said they planned to reconcile the differences in the House and Senate measures and send Obama a bill before the speech.

24 Dec 2009

Bacterial DNA reveals a rise in antibiotic resistant genes

Antibiotic resistance in the natural environment is rising despite tighter controls over our use of antibiotics in medicine and agriculture, Newcastle University scientists have found.

24 Dec 2009

Fitch Ratings affirms Siskin's TN variable-rate demand bonds at 'A-'

Fitch Ratings takes the following rating action on Siskin Hospital for Physical Rehabilitation, Inc. (Siskin) as part of its continuous surveillance effort: -- approximately $5.8 million Chattanooga Health, Educational, and Housing Facility Board, TN variable-rate demand bonds, series 1990A, affirmed at 'A-'.

24 Dec 2009

Obama defends health bill in Oval Office interview

In an Oval Office interview with The Washington Post, President Barack Obama "rejected criticism that he has compromised too much to secure health-care reform or turned over too much authority to congressional leaders in pursuing his broad legislative agenda."

24 Dec 2009

Angelica partners with HSC to provide quality healthcare for Haitian community

At Angelica, we are committed to meeting the highest standards of corporate citizenship by fulfilling our mission to offer healthcare providers superior services based on our high quality products, unsurpassed quality and service standards, and creative solutions. While we strive to achieve that mission in the communities where we do business, we embrace opportunities where we can support communities outside our geographical footprint through charitable activities.

24 Dec 2009

Anti-inflammatory coxib medications inhibit aspirin's protective qualities

A new study conducted at Ben-Gurion University of the Negev (BGU) reveals that Celebrex and other anti-inflammatory coxib medications may counter the positive effects of aspirin in preventing blood clots.

24 Dec 2009

More H1N1 vaccines available in U.S., many Americans don't want it

While an increasing number of H1N1 (swine flu) vaccines are available in the U.S., "more than half of American adults say they still don't want it, and one-third of parents say they don't want their children to get it either, according to two surveys," the Washington Post reports. "As of this week, 111 million doses of vaccine against the pandemic strain of H1N1 flu have been released to states and cities.

24 Dec 2009

Study: Protein channel aids nerve sensors in controlling blood pressure

University of Iowa researchers have shown that a protein channel helps nerve sensors in blood vessels keep blood pressure in check. Without the protein channel, known as ASIC2, the sensors are unable to send the brain the signals it needs to properly control blood pressure.

24 Dec 2009

States slash budgets including cuts in health programs

The (New Orleans) Times-Picayune reports on budget cuts in Louisiana: "Obligated to close a $247.9 million gap in the current-year state budget, Gov. Bobby Jindal announced cuts across all agencies Tuesday, including $108.1 million in health dollars and $84 million from higher education. ... Slack tax revenue during the recession is leaving state coffers short of anticipated spending money for this year.

24 Dec 2009

Fluzone High-Dose inactivated influenza virus vaccine receives FDA approval

The U.S. Food and Drug Administration today approved Fluzone High-Dose, an inactivated influenza virus vaccine for people ages 65 years and older to prevent disease caused by influenza virus subtypes A and B.

24 Dec 2009

AstraZeneca signs definitive agreement to acquire Novexel

Novexel, a speciality pharmaceutical company focused on the discovery and development of novel antibiotics designed to overcome the significant global problem of microbial drug resistance, announces today that its shareholders have signed a definitive agreement whereby Novexel shall be acquired by AstraZeneca for a total cash consideration of up to $505 million, including contingent payments and the net cash position of the company at closing.

24 Dec 2009

Pyng Medical releases audited fiscal 2009 results for September 30, 2009

Pyng Medical Corp. today released its audited fiscal 2009 results for the year ended September 30, 2009. Pyng reported fourth quarter sales were $1,718,272 and total annual sales of $6,026,177. Net loss before tax for the year was $62,904 and after tax was $246,904.

24 Dec 2009