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EBSA retiree health plan to cover about 700,000 retirees and dependents

The U.S. Department of Labor's Employee Benefits Security Administration (EBSA) today announced a proposed exemption that, if granted, would allow the General Motors Co. (GM) to transfer company securities including common stock, preferred stock and a $2.5 billion promissory note, to a health plan established for the company's retirees.

18 Sep 2009

Standard Process in Inc 5,000 list, rises 420 places in rank from last year

For the third consecutive year, Standard Process Inc.® has been named to INC. magazine’s list of the 5,000 fastest growing private companies in America, rising 420 places in rank from last year. Standard Process, a nutritional whole food supplement company in Palmyra, Wis., had revenue growth of 51.2% for the period 2005 through 2008. The magazine also reported that the company had 2008 revenues of $97.6 million and 270 employees.

18 Sep 2009

JANSSEN Alzheimer Immunotherapy acquires Elan

Johnson & Johnson and Elan Corporation plc today announced that JANSSEN Alzheimer Immunotherapy, a newly formed subsidiary of Johnson & Johnson, has completed the acquisition of substantially all of the assets and rights of Elan related to its Alzheimer's Immunotherapy Program (AIP).

18 Sep 2009

Scientific discoveries must be translated into practical applications to improve patients' health

Experts gathered on Capitol Hill today to address the impact of policies related to translational research and U.S. medical innovation. The briefing, titled Translational Research: From Bench to Bedside, was sponsored by the Council for American Medical Innovation as the second in a three-part series, Recovery Through Discovery, which examines medical innovation as a driver of U.S. economic recovery and enhanced global leadership in science.

18 Sep 2009

Rigel to offer 13,000,000 shares of its common stock at a price to the public of $7.25 per share

Rigel Pharmaceuticals, Inc. (Nasdaq: RIGL) today announced the pricing of an underwritten public offering of 13,000,000 shares of its common stock at a price to the public of $7.25 per share.

18 Sep 2009

JPO to grant patent from the Tuschl III patent series

Regulus Therapeutics Inc., Alnylam Pharmaceuticals, Inc., and Isis Pharmaceuticals, Inc. (Nasdaq: ISIS), announced today that the Japan Patent Office (JPO) has notified the Max Planck Society of its intent to grant a patent from the Tuschl III patent series (JP Application Number 2003-532675).

18 Sep 2009

SXC Health Solutions to raise $176.6 million from sale of common shares

SXC Health Solutions Corp. ("SXC" or the "Company") (NASDAQ: SXCI, TSX: SXC) announced today the pricing of its previously announced public offering of common shares. Under the offering, SXC will sell 4,500,000 common shares at a price to the public of $41.50 per share.

18 Sep 2009

Analysis project inflation rates for healthcare supplies to remain unchanged through 2010

Inflation rates for healthcare supplies are projected to remain unchanged through 2010, according to an analysis released by the Premier healthcare alliance.

18 Sep 2009

Recipients of 2009 Norman S. Coplon Extramural Grants

Satellite Healthcare, one of the nation's first and leading providers of kidney dialysis services and a major sponsor of nephrology research, today announced the recipients of the 2009 Norman S. Coplon Extramural Grant Program.

18 Sep 2009

Rural/Metro Corporation chosen to provide emergency ambulance services in Ohio

Rural/Metro Corporation, a leading national provider of ambulance and private fire protection services, has been awarded a new long-term contract to continue providing exclusive emergency ambulance services to the City of Youngstown, Ohio.

18 Sep 2009

NAHCA says Medicare cuts to providers will undermine seniors' care

At a news conference during its annual National Association of Health Care Assistants (NAHCA) convention, America's front-line nursing home caregivers gathered to urge Congress to significantly scale back attempts to cut seniors' Medicare benefits in any final health reform bill, and said arguments being made that funding reductions to providers will not harm the quality of care provided to seniors is flatly incorrect.

18 Sep 2009

Universal Detection Technology to showcase its TS-10-5-agent biodetection kit

Universal Detection Technology, a developer of early-warning monitoring technologies and counter-terrorism training programs to protect people from bioterrorism and other infectious health threats, announced today that it will be showcasing its TS-10-5-agent biodetection kit at ASIS International 2009 in Anaheim, California.

18 Sep 2009

Small medical liability grant program will not be effective: U.S. Chamber

"While we are encouraged that the Obama Administration has made medical liability reform part of their overall health care package, the $25 million state grant program announced today amounts to about 1/40,000th of one percent of the cost of a one trillion dollar health care bill.

18 Sep 2009

New partnership to focus on healthcare reporting

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18 Sep 2009

Standard Register and Novation sign multi-year agreement

Standard Register (NYSE:SR), a premier provider of document management and workflow solutions, signed a multi-year agreement with Novation, the Texas-based contracting services company for VHA Inc., University HealthSystem Consortium (UHC) and Provista, LLC.

18 Sep 2009

Findings may yield new treatments for visual disorders

By testing formerly blind patients within weeks of sight restoration, Sinha and his colleagues found that subjects had very limited ability to distinguish an object from its background, identify overlapping objects, or even piece together the different parts of an object. The patients gradually improved over time, and the new study suggests that dynamic information - that is, input from moving objects - is critical to the brain's ability to learn to segregate objects from their backgrounds (a task known as visual integration).

18 Sep 2009

Imaginary plans are an insult to the American people: Americans for Tax Reform

Last week, President Obama spoke at length about what he called "my plan" before a joint session of Congress. Since that time, he has talked about "my plan" quite a bit over the last several days. By our count he has mentioned the "plan":

18 Sep 2009

Survey on healthcare providers determines their technological readiness to implement healthcare changes

The dialogue on healthcare reform has focused on patients, but one company sees the issue from a totally different perspective. ReymannGroup recently surveyed healthcare providers nationwide to determine their technological readiness to implement healthcare changes.

18 Sep 2009

'Spice' drugs easily available for youngsters

Two University of Hertfordshire academics will release new evidence about the dangers of 'Spice' drugs today at the first International Psychonaut Web Mapping Conference in Ancona, Italy.

18 Sep 2009

Researchers reveal reasons for low vaccination rates against influenza viruses

Less than one third of healthcare workers have themselves vaccinated against classic influenza. This reluctance is astounding, firstly because vaccination against influenza viruses is considered safe and effective and secondly because it has been proved to prevent nosocomial transmission of disease to patients—provided at least 50% of employees have been vaccinated.

18 Sep 2009