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States' retiree benefits underfunded by at least $1 trillion

State governments' retiree pension and health plans are severely underfunded, according to a new report from the Pew Center on States.

18 Feb 2010

'Cadillac' tax would have non-union impact, analysis finds

"A proposed tax on high-cost ['Cadillac'] health insurance plans, an element of Democratic health-care legislation that has been strongly opposed by organized labor, would actually fall equally on nonunion plans, according to a new analysis. ... at least 80 percent of the workers whose plans would be subject to the tax in 2019 would be in nonunion jobs," according to Ken Jacobs of the University of California at Berkeley Labor Center and William H. Dow, professor of health economics at Berkeley and a member of President George W. Bush's Council of Economic Advisers.

18 Feb 2010

Anulex Technologies announces the commercial availability of Xclose Plus Tissue Repair System

Anulex Technologies, Inc., a privately held medical device manufacturer focusing on spinal disc Preservation & Anular Repair™ products, announced the commercial availability of the Xclose™ Plus Tissue Repair System at the AANS/CNS Joint Section on Disorders of the Spine and Peripheral Nerves meeting in Orlando, Florida.

18 Feb 2010

Johns Hopkins Medicine acquires Naviscan Positron Emission Mammography for radiotracer research

Johns Hopkins Medicine has become the latest academic medical center to acquire the Naviscan Positron Emission Mammography (PEM) scanner. The device will be utilized by Richard Wahl, M.D., F.A.C.R, Professor of Radiology and Nuclear Medicine at the Johns Hopkins University School of Medicine, in pre-clinical and translational research for the development of novel radiotracers.

18 Feb 2010

AltraVax acquires vaccine development technology package from Maxygen

AltraVax, Inc., a new, privately-held biopharmaceutical company, has acquired a vaccine development technology package from Maxygen, Inc. that gives AltraVax an exclusive license to develop vaccines for infectious diseases and is targeting influenza, a treatment for hepatitis B and HIV.

18 Feb 2010

Centene to acquire Columbia-based Carolina Crescent Health Plan

Centene Corporation today announced that its South Carolina subsidiary, Absolute Total Care, has signed a definitive agreement to acquire Columbia-based Carolina Crescent Health Plan (CCHP), the state's largest non-profit Medicaid managed care organization, from University Health Services, Inc. (UHS). CCHP serves more than 40,000 Medicaid members in 46 counties across the state.

18 Feb 2010

Ear candles can cause serious injuries, warns FDA

The Food and Drug Administration (FDA) is warning consumers to steer clear of ear candles -- hollow cones that are about 10 inches long and made from a fabric tube soaked in beeswax, paraffin, or a mixture of the two.

18 Feb 2010

CryoLife discloses financial results for fourth-quarter and full-year 2009

CryoLife, Inc., an implantable biological medical device and cardiovascular tissue processing company, announced today that revenues for the fourth quarter of 2009 increased 12 percent to a quarterly record of $28.6 million compared to $25.5 million for the fourth quarter of 2008. This was the 12th consecutive quarter of profitability for the Company.

18 Feb 2010

OPKO Health acquires Pharmacos Exakta

OPKO Health, Inc. today announced that it has completed the acquisition of Pharmacos Exakta, S.A. de C.V. (“Pharmacos Exakta”), a privately-owned Mexican pharmaceutical company engaged in the manufacture, marketing and distribution of ophthalmic and other pharmaceutical products for government and private markets since 1957. OPKO acquired Pharmacos Exakta, including a manufacturing facility owned by an affiliate, for cash and shares of OPKO Common Stock.

18 Feb 2010

Fourth-quarter and full-year 2009 results announced by Life Time Fitness

Life Time Fitness, Inc. today reported its financial results for the fourth quarter and full year ended December 31, 2009.

18 Feb 2010

Merge Healthcare passes interoperability tests at IHE Connectathon

As a part of its ongoing commitment to interoperability standards, Merge Healthcare, a leading health IT solutions provider, announced that it successfully passed interoperability tests at the Integrating the Healthcare Enterprise (IHE), North American Connectathon event in Chicago, Illinois. During the testing, which connects vendor solutions to promote better electronic information exchange, Merge demonstrated interoperability with every vendor pairing, which included some of the largest companies in the world.

18 Feb 2010

BIOGUARD wound dressings with Quick-Med’s NIMBUS antimicrobial technology to be sold by Medline Industries

Quick-Med Technologies, Inc. announced today that its licensee, Derma Sciences, Inc., has entered into an exclusive distribution agreement with Medline Industries whereby Medline will market and sell BIOGUARD™ wound dressings with Quick-Med’s proprietary NIMBUS antimicrobial technology. The agreement covers the acute care segment of the health care market, which includes nearly 6,000 hospitals in the United States plus surgery centers, wound care centers, and other associated health care facilities. Sales under this new agreement are expected to start later this month.

18 Feb 2010

Intezyne announces new patents covering IVECT Method in major pharmaceutical markets

Intezyne today announced the issuance of new patents that cover multiple dimensions of the Company’s revolutionary technology platform, the IVECTTM Method, in the major pharmaceutical markets of the United States, Europe, and Japan. All patents are wholly owned by Intezyne.

18 Feb 2010

Patterson reports consolidated sales of $820,084,000 for third-quarter of fiscal 2010

Patterson Companies, Inc. today reported consolidated sales of $820,084,000 for the third quarter of fiscal 2010 ended January 23, an increase of 1% from $811,023,000 in the year-earlier quarter. Net income of $56,049,000 or $.47 per diluted share rose 6% from $52,807,000 or $0.45 per diluted share in the third quarter of fiscal 2009.

18 Feb 2010

Emtec to demonstrate thin client solution at HIMSS 2010 Conference and Exhibition

Emtec, Inc., a systems integrator, announced today that it will demonstrate its thin client solution for healthcare in the Avnet booth #7467 at the HIMSS 2010 Conference and Exhibition. This solution integrates the ThinIdentity™ virtual desktop infrastructure solution, smart card technology and stateless thin-client computing based on the Sun Microsystems™ Sun Ray virtual display client.

18 Feb 2010

Preferred Homecare implements Authentidate Holding's Inscrybe Healthcare web-based service

Authentidate Holding Corp., a worldwide provider of secure Health Information Exchange, workflow management services and telehealth solutions, today announced that Preferred Homecare, a leading provider of comprehensive home healthcare products and services, selected Authentidate's Inscrybe® Healthcare web-based service to further enhance the management of critical business workflows.

18 Feb 2010

Fourth-quarter and fiscal year 2009 results announced by DJO Incorporated

DJO Incorporated, a global provider of medical device solutions for musculoskeletal health, vascular health and pain management, today announced financial results for its operating subsidiary, DJO Finance LLC (“DJOFL”), for the fourth quarter and fiscal year ended December 31, 2009. ReAble Therapeutics, Inc. (“ReAble”) acquired DJO Incorporated (“DJO Opco”) in a transaction completed on November 20, 2007 (the “DJO Merger”).

18 Feb 2010

Ventas reports 7.8% increase in normalized FFO for year ended December 31, 2009

Ventas, Inc. said today that normalized Funds From Operations (“FFO”) for the year ended December 31, 2009 increased 7.8 percent to $409.0 million, from $379.5 million for the comparable 2008 period.

18 Feb 2010

Medline Industries signs exclusive distribution agreement with Derma Sciences for BIOGUARD Barrier Dressings

Derma Sciences, Inc., a specialty medical device and pharmaceutical company focused on advanced wound care, today announced that it has signed an exclusive distribution agreement with Medline Industries for sales of one of its key products – BIOGUARD™ Barrier Dressing – into the acute care market. Medline is the 2nd leading provider of traditional wound care products into Acute Care facilities, with over 800 sales representatives. Sales will begin this month.

18 Feb 2010

Acute sinus infections always begin as cold

Have a cold that just won't go away or is getting worse? Chances are your cold has developed into a sinus infection - a common problem this time of year, says Alan Wild, M.D., assistant professor of otolaryngology at Saint Louis University School of Medicine.

18 Feb 2010

Medical News

States' retiree benefits underfunded by at least $1 trillion

'Cadillac' tax would have non-union impact, analysis finds

Anulex Technologies announces the commercial availability of Xclose Plus Tissue Repair System

Johns Hopkins Medicine acquires Naviscan Positron Emission Mammography for radiotracer research

AltraVax acquires vaccine development technology package from Maxygen

Centene to acquire Columbia-based Carolina Crescent Health Plan

Ear candles can cause serious injuries, warns FDA

CryoLife discloses financial results for fourth-quarter and full-year 2009

OPKO Health acquires Pharmacos Exakta

Fourth-quarter and full-year 2009 results announced by Life Time Fitness

Merge Healthcare passes interoperability tests at IHE Connectathon

BIOGUARD wound dressings with Quick-Med’s NIMBUS antimicrobial technology to be sold by Medline Industries

Intezyne announces new patents covering IVECT Method in major pharmaceutical markets

Patterson reports consolidated sales of $820,084,000 for third-quarter of fiscal 2010

Emtec to demonstrate thin client solution at HIMSS 2010 Conference and Exhibition

Preferred Homecare implements Authentidate Holding's Inscrybe Healthcare web-based service

Fourth-quarter and fiscal year 2009 results announced by DJO Incorporated

Ventas reports 7.8% increase in normalized FFO for year ended December 31, 2009

Medline Industries signs exclusive distribution agreement with Derma Sciences for BIOGUARD Barrier Dressings

Acute sinus infections always begin as cold

Real-time Raman monitoring for pharmaceutical hot melt extrusion

Synthetic Psychedelics: A Growing Public Health Concern

How the Vutara VXL simplifies single-molecule imaging

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