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Abbott's subsidiary begins cash tender offer for Facet Biotech’s common stock

Abbott today announced that its wholly-owned subsidiary, Amber Acquisition Inc., has commenced its cash tender offer for all outstanding shares of common stock of Facet Biotech Corporation at a price of $27 per share.

25 Mar 2010

FDA approves Custom Spine's anterior cervical interbody device

Custom Spine announced today that it has received FDA clearance to market PATHWAY ACIF, an anterior cervical interbody spacer. This cervical interbody device compliments the company's low-profile anterior cervical plate system, Regent ACP, which was released this past November.

25 Mar 2010

Financial Times' opinions on World TB Day

"Governments and their international partners must recognise that health is an investment. The only successful exit strategy in the struggle against the TB, HIV and TB/HIV pandemics is to include them as part of broader development and poverty reduction strategies, and to strengthen health systems to respond more effectively to the needs of the most vulnerable populations.

25 Mar 2010

Medex signs binding letter of intent to acquire Creative Rehab Technology Services

Medex, Inc., today announced the signing of a binding letter of intent to acquire privately held Creative Rehab Technology Services, Inc. Founded in 1997 and headquartered in Chula Vista, California, Creative Rehab produces specialty high-end rehabilitation chairs in the durable medical equipment industry.

25 Mar 2010

ABMC reports net loss of $189,000 for 2009 fourth quarter

American Bio Medica Corporation today announced financial results for the fourth quarter and the year ended December 31, 2009.

25 Mar 2010

Researchers explore ethnic differences in asthma incidence

A study of UK schoolchildren has revealed that Black Africans, Indians and Bangladeshis have a similar or lower prevalence of asthma than White children, while Black Caribbean and Mixed Black Caribbean/White boys are more likely to have asthma.

25 Mar 2010

Agendia brings new personalized treatment for breast cancer patients

Agendia, a world leader in molecular cancer diagnostics, today announced that its breast cancer product offering, consisting of breast cancer recurrence test MammaPrint(R), and TargetPrint(TM), has been expanded with BluePrint (TM) to report important additional information on tumor subtypes.

24 Mar 2010

Democrats expect to end debate early on health reconciliation bill

Senate Democratic leaders are trying to end the debate on a bill that "fixes" the health overhaul law that President Barack Obama signed Tuesday. Once the debate ends, the Senate is expected to begin voting on a number of Republican amendments, The New York Times reports.

24 Mar 2010

AHS expands multi-specialty billing solutions by acquiring AHP Billing Services

AdvantEdge Healthcare Solutions, one of the nation’s leading providers of medical billing and practice management services, today announced that it has acquired AHP Billing Services, Inc., a former division of Anodyne Health.

24 Mar 2010

Workshop on Disaster Response and Emergency Services

Researchers at Carnegie Mellon University in Silicon Valley will host a one-day workshop on Disaster Response and Emergency Services. The workshop will focus on the role of high-tech communication and other mobile technologies used by disaster responders.

24 Mar 2010

Stretchable electronic device holds promise for treating irregular heart rhythms

The electronics can bend, stretch and twist. No small feat. Now the flexible and stretchable electronics can map waves of electrical activity in the heart with better resolution and speed than that of conventional cardiac monitoring technology.

24 Mar 2010

CryoLife retracts share proposal offer to acquire Medafor

CryoLife, Inc., an implantable biological medical device and cardiovascular tissue processing company, announced today that it has withdrawn its $2.00 per share proposal to acquire Medafor, Inc.

24 Mar 2010

Advanced Mobility gets ISO certification

Advanced Mobility, a leader in design, manufacturing and renovation of custom mobile medical trailers and other specialty vehicles/shelters, announced that their facility in Monee, IL has passed the ISO audits and has met the rigorous certification for the ISO 9001:2008 quality standard.

24 Mar 2010

Palatin Technologies receives $2.5M to develop and commercialize compounds for treating obesity

Palatin Technologies, Inc. announced today that it received $2.5 million from AstraZeneca AB pursuant to the September 2009 amendment of the exclusive research collaboration and license agreement to discover, develop and commercialize compounds that target melanocortin receptors for treatment of obesity and related indications.

24 Mar 2010

Fertility remains a significant issue for majority of breast cancer patients

The use of chemotherapy and hormonal treatments in young women can have significant implications for their fertility.

24 Mar 2010

Æterna Zentaris announces 2009 financial and operating results

Æterna Zentaris Inc., a late-stage drug development company specialized in oncology and endocrine therapy, today reported financial and operating results as at and for the fourth quarter and the full year ended December 31, 2009.

24 Mar 2010

OHC invites public and organizations' opinions on local hospital services

On Tuesday March 23rd, the Ontario Heath Coalition will begin its final week of a month long tour that began March 4th and has held hearings in Wallaceburg, Shelburne, Kincardine, Welland, Port Perry, Cobourg, Haliburton, and Burk's Falls. By the end of this week, the panel will have visited every region in Ontario.

24 Mar 2010

New Motion Traxx iPhone App for fitness activities

Wizzard Media, announced the availability today of the Motion Traxx iPhone App in the App Store. Following the success of the Motion Traxx podcast, downloaded over 2 million times in its first year and currently ranked 7th in the iTunes podcast Health category and 138th of all podcasts in iTunes, the Motion Traxx iPhone App is a powerful motivator for exercise and makes meeting fitness goals easier.

24 Mar 2010

New, portable EEG-based device for people with motoric disabilities

Imec, Holst Centre and the lab of Neuro- and Psychophysiology at the Katholieke Universiteit Leuven today present the Mind Speller, a portable, easy-to-wear, intelligent textual and verbal communications prototype device enabling people with motoric disabilities (suffering from for example brain paralysis or speech or language disorders) to communicate.

24 Mar 2010

PPD introduces comprehensive laboratory services for vaccine and biologic drug development

PPD, Inc. (Nasdaq: PPDI) today announced it is launching the PPD Vaccines & Biologics Center of Excellence, a first-in-kind comprehensive network of integrated, world-class laboratory services focused specifically on vaccine and biologic drug development.

24 Mar 2010