Medical News

RSS

Response Genetics first-quarter total revenue up 140%

Response Genetics Inc., a company focused on the development and sale of molecular diagnostic tests for cancer, today announced its consolidated financial results for the three months ended March 31, 2010.

14 May 2010

Minnesota lawmakers debate budget, Medicaid expansion

More budget talks were expected Thursday as Minnesota's legislative session hurtled toward a midnight Sunday deadline with no deal on a $3 billion deficit. The Democratic-controlled Legislature defied another veto threat from Republican Gov. Tim Pawlenty late Wednesday and sent him a health and welfare package he opposes.

14 May 2010

GE Healthymagination Fund invests $5M in CardioDx

GE Healthcare, the healthcare business of GE and CardioDx, a pioneer in cardiovascular genomic diagnostics, announced today that the companies have entered into a strategic alliance to advance and co-develop diagnostic technologies to improve the care and management of patients with cardiovascular disease.

14 May 2010

Nephros reports 57% increase in revenues for first-quarter 2010

Nephros, Inc. announced today financial results for the three months ended March 31, 2010.

14 May 2010

KHN Column -- Rescissions: Much ado about nothing

In this Kaiser Health News column, John Goodman writes: "How many times have you heard President Obama say, 'Health insurers won't be able to drop your coverage just because you get sick?

14 May 2010

MitoSciences awarded $590,000 to support development of companion diagnostic tests for antiviral drugs

MitoSciences announces that it has just been awarded $590,000 by the National Institutes of Health to support the development of companion diagnostic tests for antiviral drugs. The award was made after competitive scientific review and was issued under The American Recovery and Reinvestment Act of 2009.

14 May 2010

Guided Therapeutics first-quarter service revenue increases to $821,000

Guided Therapeutics, Inc. today announced its operating results for the first quarter of 2010.

14 May 2010

New laparoscopic procedure for hernias

Christopher Haarstad, 36, was surprised at how well he felt a couple of hours after having laparoscopic surgery for a hernia in March.

14 May 2010

Fibrocell Science commences histology study of azficel-T for treatment of nasolabial fold wrinkles

Fibrocell Science, Inc., a biotechnology company focused on the development of autologous cell therapies for aesthetic, medical and scientific applications, announced the initiation of a small histology study (IT-H-001) of azficel-T, an autologous cell therapy currently under review by the U.S. Food and Drug Administration (FDA) for the treatment of moderate to severe nasolabial fold wrinkles.

14 May 2010

Justice Dept. defends health law implementation from court injunction

The Justice Department released a statement yesterday defending the federal health overhaul law from legal critics. "A conservative public interest group, the Thomas More Law Center, had filed a lawsuit in Michigan on March 23, the day Obama signed the law, and asked the court for an injunction to block it from taking effect.

14 May 2010

GOP launches attacks on CMS nominee Berwick

Republicans have begun attacking Donald Berwick, a doctor and Harvard professor nominated to head the Obama administration's Medicare and Medicaid agency, The Boston Globe reports. If confirmed, Berwick would run the Centers for Medicare and Medicaid Services, an agency with 4,500 employees and an annual budget of $780 billion.

14 May 2010

Insight Imaging signs definitive agreement to acquire eight imaging centers for $8.5M

InSight Health Services Holdings Corp. today announced that it had signed a definitive agreement to acquire eight imaging centers in the Phoenix, Arizona, El Paso, Texas, and Las Cruces, New Mexico areas from subsidiaries of MedQuest, Inc. and Novant Health, Inc., for a total purchase price of approximately $8.5 million.

14 May 2010

Celsis IVT settles LiverPool patent infringement suit, XenoTech to stop sale of CryoXTreme products

Celsis International Ltd. announced today that Celsis In Vitro, Inc. has reached a settlement agreement with XenoTech, LLC, Sekisui Chemical Co. Ltd., and Sekisui Medical Co. Ltd. in a patent infringement lawsuit filed by Celsis IVT on February 2, 2010.

14 May 2010

New Infrared Relief therapy now available for patients with diabetic neuropathies

Genesis Spine Associates now offers Infrared Relief - a new, highly effective pain management therapy using infrared light for patients suffering from diabetic neuropathies. This new therapy offers a simple, painless option for managing patients' pain without potentially dangerous drugs or surgery.

14 May 2010

HIV disease tends to progress at faster rate in infected individuals who consume more alcoholic drinks

HIV disease tends to progress at a faster rate in infected individuals who consume two or more alcoholic drinks a day, according to an important new paper in AIDS Research and Human Retroviruses, a peer-reviewed journal published by Mary Ann Liebert, Inc.

14 May 2010

Merit Medical Systems to acquire BioSphere Medical

Merit Medical Systems, Inc. today announced that it has signed a definitive merger agreement to acquire BioSphere Medical, Inc. in an all cash transaction valued at approximately $96 million, inclusive of all common equity and Series A Preferred preferences.

14 May 2010

Groups plead for more health funding as Chairman warns about cuts to proposed HHS budget

House Appropriations Committee Chairman David Obey, D-Wis., said Wednesday that groups pressing for $14 billion more in funding for education, health and labor programs will likely be disappointed because the budget proposed by President Barack Obama already faces cuts of about $3.5 billion in those areas.

14 May 2010

Federal officials say crackdown on Medicare fraud recovers $2.5 billion

The Associated Press: "The government says it recovered $2.5 billion in overpayments for the Medicare trust fund last year as the Obama administration focused attention on fraud enforcement efforts in the health care industry. Investigators have new tools this year to help crack down on health care fraud, with the Justice Department and the Health and Human Services Department working cooperatively to police companies.

14 May 2010

Cyclacel Pharmaceuticals reports net loss of $5.1M for first-quarter 2010

Cyclacel Pharmaceuticals, Inc., a biopharmaceutical company developing oral therapies that target the various phases of cell cycle control for the treatment of cancer and other serious disorders, today reported its financial results and business highlights for the first quarter ended March 31, 2010.

14 May 2010

Derma Sciences first-quarter net sales up 23% to $12,844,382

Derma Sciences, Inc., a specialty medical device/pharmaceutical company focused on advanced wound care, reported financial and operating results today for the three months ended March 31, 2010.

14 May 2010

Medical News

Response Genetics first-quarter total revenue up 140%

Minnesota lawmakers debate budget, Medicaid expansion

GE Healthymagination Fund invests $5M in CardioDx

Nephros reports 57% increase in revenues for first-quarter 2010

KHN Column -- Rescissions: Much ado about nothing

MitoSciences awarded $590,000 to support development of companion diagnostic tests for antiviral drugs

Guided Therapeutics first-quarter service revenue increases to $821,000

New laparoscopic procedure for hernias

Fibrocell Science commences histology study of azficel-T for treatment of nasolabial fold wrinkles

Justice Dept. defends health law implementation from court injunction

GOP launches attacks on CMS nominee Berwick

Insight Imaging signs definitive agreement to acquire eight imaging centers for $8.5M

Celsis IVT settles LiverPool patent infringement suit, XenoTech to stop sale of CryoXTreme products

New Infrared Relief therapy now available for patients with diabetic neuropathies

HIV disease tends to progress at faster rate in infected individuals who consume more alcoholic drinks

Merit Medical Systems to acquire BioSphere Medical

Groups plead for more health funding as Chairman warns about cuts to proposed HHS budget

Federal officials say crackdown on Medicare fraud recovers $2.5 billion

Cyclacel Pharmaceuticals reports net loss of $5.1M for first-quarter 2010

Derma Sciences first-quarter net sales up 23% to $12,844,382

Redefining control and consistency in anaerobic microbiome workflows

AI in Healthcare: How generative tools are transforming clinical practice

The future of automation: Machine learning–driven hepatocyte and organoid counting

Latest News