bizjournals.com Health Care:Hospitals headlines
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Novavax to raise $21M
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Novavax, moving closer to commercializing its flu vaccines, will raise $21 million in a secondary stock offering to fund continued research. (NVAX) (Source: bizjournals.com Health Care:Hospitals headlines)
Source: bizjournals.com Health Care:Hospitals headlines - November 20, 2009 Category: Hospital Management Source Type: journals
Florida Boomer Lifestyle Conference to focus on reinvention
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Reinventing life after 50 is the theme of the second annual Florida Boomer Lifestyle Conference. (Source: bizjournals.com Health Care:Hospitals headlines)
Source: bizjournals.com Health Care:Hospitals headlines - November 19, 2009 Category: Hospital Management Source Type: journals
Cel-Sci begins H1N1 vaccine trial
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Cel-Sci Corp. has begun its first human clinical study of an H1N1 flu treatment. (Source: bizjournals.com Health Care:Hospitals headlines)
Source: bizjournals.com Health Care:Hospitals headlines - November 18, 2009 Category: Hospital Management Source Type: journals
Robert David steps in to manage health benefits at CalPERS
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Robert David, 52, has been appointed assistant executive officer for health benefits for the California Public Employees’ Retirement System. (Source: bizjournals.com Health Care:Hospitals headlines)
Source: bizjournals.com Health Care:Hospitals headlines - November 18, 2009 Category: Hospital Management Source Type: journals
HCA hires Joseph Sowell III as V.P. in charge of mergers and aquisitions
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HCA Inc. announced today that Joseph Sowell III will become senior vice president and chief development officer, effective Dec. 1. (Source: bizjournals.com Health Care:Hospitals headlines)
Source: bizjournals.com Health Care:Hospitals headlines - November 18, 2009 Category: Hospital Management Source Type: journals
Medtronic receives FDA warning letter
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Medtronic Inc. announced Wednesday that it received a warning letter from the U.S. Food and Drug Administration following an August inspection of the company’s Cardiac Rhythm Disease Management facility in Mounds View. (MDT) (Source: bizjournals.com Health Care:Hospitals headlines)
Source: bizjournals.com Health Care:Hospitals headlines - November 18, 2009 Category: Hospital Management Source Type: journals
PolyMedix completes $20M stock offering
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PolyMedix Inc. completed a $20.7 million public stock offering Tuesday. (MERR) (Source: bizjournals.com Health Care:Hospitals headlines)
Source: bizjournals.com Health Care:Hospitals headlines - November 17, 2009 Category: Hospital Management Source Type: journals
Medtronic opens facilities in San Antonio, Memphis
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Medtronic opened a Diabetes Therapy Management and Education Center in San Antonio, Texas on Tuesday. (MDT) (Source: bizjournals.com Health Care:Hospitals headlines)
Source: bizjournals.com Health Care:Hospitals headlines - November 17, 2009 Category: Hospital Management Source Type: journals
Medtronic opens San Antonio diabetes facility
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Medtronic Inc. has officially opened its long-awaited Diabetes Therapy Management and Education Center at The Overlook at The Rim. (MDT) (Source: bizjournals.com Health Care:Hospitals headlines)
Source: bizjournals.com Health Care:Hospitals headlines - November 17, 2009 Category: Hospital Management Source Type: journals
Ex-health secretary Tommy Thompson predicts reform will pass by year's end
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Former U.S. Health and Human Services Secretary Tommy Thompson predicts a health care reform bill that includes a public option and compromises on federal funds for abortion services will clear Congress before Christmas. (Source: bizjournals.com Health Care:Hospitals headlines)
Source: bizjournals.com Health Care:Hospitals headlines - November 17, 2009 Category: Hospital Management Source Type: journals
Moffitt subsidiary M2Gen names James Utterback CEO
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James Utterback is the new chief executive officer of M2Gen in Tampa, effective Dec. 7. M2Gen is a wholly owned for-profit subsidiary of H. Lee Moffitt Cancer Center & Research Institute. (Source: bizjournals.com Health Care:Hospitals headlines)
Source: bizjournals.com Health Care:Hospitals headlines - November 16, 2009 Category: Hospital Management Source Type: journals
Cardiac Science says some defibrillators may not work
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Cardiac Science Corp. said some of its automated external defibrillators (AEDs) may not work during a resuscitation attempt, and it issued a “voluntary medical device correction” for thousands of its devices. (CSCX) (Source: bizjournals.com Health Care:Hospitals headlines)
Source: bizjournals.com Health Care:Hospitals headlines - November 16, 2009 Category: Hospital Management Source Type: journals
Targacept joins NASDAQ biotech index
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Targacept will be added to the NASDAQ Biotechnology Index as of next Monday, Nov. 23, according to an announcement from the firm. (TRGT) (Source: bizjournals.com Health Care:Hospitals headlines)
Source: bizjournals.com Health Care:Hospitals headlines - November 16, 2009 Category: Hospital Management Source Type: journals
Durham’s Addrenex sells for $29M
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Durham drug development company Addrenex Pharmaceuticals has been acquired for $29 million by Sciele Pharma Inc., an Atlanta pharmaceutical company that has already licensed three of Addrenex’s products and is one of its current investors. (Source: bizjournals.com Health Care:Hospitals headlines)
Source: bizjournals.com Health Care:Hospitals headlines - November 16, 2009 Category: Hospital Management Source Type: journals
AmerisourceBergen increases dividend, announces stock buyback
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AmerisourceBergen Corp. said Thursday that it has authorized a $500 million stock buyback and a 33 percent increase in the quarterly stock dividend. (ABC) (Source: bizjournals.com Health Care:Hospitals headlines)
Source: bizjournals.com Health Care:Hospitals headlines - November 13, 2009 Category: Hospital Management Source Type: journals
DBJ Names 2009 Best Corporate Counsel honorees
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Whether they’re braving the rough legal waters that come with a recessionary environment or guiding their companies through the terrains of mergers and acquisitions, the 2009 Dallas Business Journal Best Corporate Counsel honorees make up an accomplished group nominated for legal savvy and individual drives to succeed. (Source: bizjournals.com Health Care:Hospitals headlines)
Source: bizjournals.com Health Care:Hospitals headlines - November 13, 2009 Category: Hospital Management Source Type: journals
Fischer named Columbus Partnership chief
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The Columbus Partnership has tapped the former Battelle executive it brought on this summer as an economic development consultant to succeed retiring CEO Robert Milbourne. (LTD) (Source: bizjournals.com Health Care:Hospitals headlines)
Source: bizjournals.com Health Care:Hospitals headlines - November 13, 2009 Category: Hospital Management Source Type: journals
Endo paying $23M to settle patent dispute with LecTec
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Endo Pharmaceuticals said late Wednesday that it will pay $23 million to intellectual property licensing and holding company LecTec Corp. to settle a patent dispute. (ENDP) (Source: bizjournals.com Health Care:Hospitals headlines)
Source: bizjournals.com Health Care:Hospitals headlines - November 12, 2009 Category: Hospital Management Source Type: journals
Meridian’s 4Q profits rise, beat outlook
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The H1N1 flu epidemic helped Meridian Bioscience to record sales and profits for its fourth quarter and fiscal year. (VIVO) (Source: bizjournals.com Health Care:Hospitals headlines)
Source: bizjournals.com Health Care:Hospitals headlines - November 12, 2009 Category: Hospital Management Source Type: journals
PolyMedix Inc. announces public offering
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Biotechnology company PolyMedix Inc. on Wednesday announced a public equity offering of up to $21 million. (Source: bizjournals.com Health Care:Hospitals headlines)
Source: bizjournals.com Health Care:Hospitals headlines - November 11, 2009 Category: Hospital Management Source Type: journals
MedPro Imaging buys Chicagoland firm
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MedPro Imaging, a Waukesha provider of new and refurbished ultrasound systems, said Tuesday that it has purchased MC Ultrasound LLC of South Elgin, Ill. (Source: bizjournals.com Health Care:Hospitals headlines)
Source: bizjournals.com Health Care:Hospitals headlines - November 10, 2009 Category: Hospital Management Source Type: journals
Celsion's third-quarter loss widens
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Celsion Corp.’s third-quarter loss grew as the biotech pushes to complete the development of its cancer drug, ThermoDox. (CLSN) (Source: bizjournals.com Health Care:Hospitals headlines)
Source: bizjournals.com Health Care:Hospitals headlines - November 10, 2009 Category: Hospital Management Source Type: journals
Study: Without health reform, Colorado business will face climbing costs
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Without health-care reform, Colorado businesses will face ever-higher costs over the next 10 years, a new study says. (Source: bizjournals.com Health Care:Hospitals headlines)
Source: bizjournals.com Health Care:Hospitals headlines - November 10, 2009 Category: Hospital Management Source Type: journals
Alder Biopharmaceuticals and Bristol-Myers Squibb sign deal worth up to $1B
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Alder Biopharmaceuticals Inc. said it’s signed a deal with Bristol-Myers Squibb Co. to commercialize the Bothell biotech’s rheumatoid arthritis drug. (BMY) (Source: bizjournals.com Health Care:Hospitals headlines)
Source: bizjournals.com Health Care:Hospitals headlines - November 10, 2009 Category: Hospital Management Source Type: journals
Biotrove agrees to sell division to Life Technologies, spins off remaining unit
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Biotechnology developer BioTrove Inc. has agreed to be acquired by California-based Life Technologies Corp. (Source: bizjournals.com Health Care:Hospitals headlines)
Source: bizjournals.com Health Care:Hospitals headlines - November 10, 2009 Category: Hospital Management Source Type: journals
Helicos ends talks with potential buyers
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Helicos BioSciences Corp. has cut off discussions involving a potential sale of the company and its gene-sequencing technologies. Tuesday’s announcement marked a surprising reversal for the Cambridge, Mass.-based company, which has actively sought a partner for the past six months. (Source: bizjournals.com Health Care:Hospitals headlines)
Source: bizjournals.com Health Care:Hospitals headlines - November 10, 2009 Category: Hospital Management Source Type: journals
Skin, wound care products drive gains at Procyon
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Procyon Corp. reported net income of $73,622, or 1 cent a share, for the three months ended Sept. 30, compared with net income of $9,051, or 0 cents a share, in the same period in 2008. (Source: bizjournals.com Health Care:Hospitals headlines)
Source: bizjournals.com Health Care:Hospitals headlines - November 9, 2009 Category: Hospital Management Source Type: journals
Silicon Valley firms join $25M Tethys funding round
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Tethys Bioscience Inc. said Monday it closed a $25 million financing round that included investments from Silicon Valley firms. (INTC) (Source: bizjournals.com Health Care:Hospitals headlines)
Source: bizjournals.com Health Care:Hospitals headlines - November 9, 2009 Category: Hospital Management Source Type: journals
Struggling GTC lines up retention payments
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GTC Biotherapeutics Inc. has lined up $270,000 in “retention” payments for its senior executive team if the individuals stay with the struggling company beyond March 31. (Source: bizjournals.com Health Care:Hospitals headlines)
Source: bizjournals.com Health Care:Hospitals headlines - November 9, 2009 Category: Hospital Management Source Type: journals
Tethys closes $25M financing round
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Tethys Bioscience Inc. closed a $25 million financing round, led by Switzerland’s Aeris Capital AG, to expand the commercialization of its PreDx diabetes test. (Source: bizjournals.com Health Care:Hospitals headlines)
Source: bizjournals.com Health Care:Hospitals headlines - November 9, 2009 Category: Hospital Management Source Type: journals
Children’s Mercy gets $1.9M grant for infants program
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Children’s Mercy Hospitals and Clinics said Monday that it has received a $1.9 million federal grant for its Team for Infants Endangered by Substance Abuse Program. (Source: bizjournals.com Health Care:Hospitals headlines)
Source: bizjournals.com Health Care:Hospitals headlines - November 9, 2009 Category: Hospital Management Source Type: journals
Feds grant N.C. $1.5M for high-risk insurance premiums
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The North Carolina Health Insurance Risk Pool has received $1.5 million from the federal government to subsidize monthly premiums for those who may not be able to afford to participate. (Source: bizjournals.com Health Care:Hospitals headlines)
Source: bizjournals.com Health Care:Hospitals headlines - November 9, 2009 Category: Hospital Management Source Type: journals
Health care purchasing slowdown pinches Bovie Medical
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Bovie Medical Corp. posted a net loss of $37,749, or 0 cents a share, for the third quarter ended Sept. 30, compared with net income of $365,890, or 2 cents a share, for the third quarter of 2008. (AMEX) (Source: bizjournals.com Health Care:Hospitals headlines)
Source: bizjournals.com Health Care:Hospitals headlines - November 9, 2009 Category: Hospital Management Source Type: journals
Covidien closes in on Aspect buyout
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Covidien plc, an international health care company with U.S. headquarters in Massachusetts, has completed its acquisition of 90 percent of the outstanding shares in Aspect Medical Systems Inc. (COV) (Source: bizjournals.com Health Care:Hospitals headlines)
Source: bizjournals.com Health Care:Hospitals headlines - November 9, 2009 Category: Hospital Management Source Type: journals
Merge inks China distribution agreement
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Merge Healthcare Inc., a provider of medical imaging technology based in West Allis, said Monday it has expanded distribution of its products in China with an agreement with a Hong Kong distributor. (MRGE) (Source: bizjournals.com Health Care:Hospitals headlines)
Source: bizjournals.com Health Care:Hospitals headlines - November 9, 2009 Category: Hospital Management Source Type: journals
Novavax logs more losses
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While Novavax moves closer to commercializing its flu vaccines, it continues to lose money. (NVAX) (Source: bizjournals.com Health Care:Hospitals headlines)
Source: bizjournals.com Health Care:Hospitals headlines - November 6, 2009 Category: Hospital Management Source Type: journals
CCAC reaches contract with SEIU
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The Community College of Allegheny County and the SEIU Local 668 have reached agreement on a three-year contract, the two sides announced. (Source: bizjournals.com Health Care:Hospitals headlines)
Source: bizjournals.com Health Care:Hospitals headlines - November 6, 2009 Category: Hospital Management Source Type: journals
BioDelivery Sciences posts $2.6 million loss for the quarter
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BioDelivery Sciences International’s non-operating gains helped pare its losses in the most recently completed quarter. (Source: bizjournals.com Health Care:Hospitals headlines)
Source: bizjournals.com Health Care:Hospitals headlines - November 6, 2009 Category: Hospital Management Source Type: journals
Third Wing to brand downtown Lakeland
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The Lakeland Downtown Development Authority awarded its branding campaign to Third Wing Business Strategies. (Source: bizjournals.com Health Care:Hospitals headlines)
Source: bizjournals.com Health Care:Hospitals headlines - November 6, 2009 Category: Hospital Management Source Type: journals
Inhibitex records $4.5 million loss
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Inhibitex Inc. was dogged again in the third quarter by higher research and development costs. (INHX) (Source: bizjournals.com Health Care:Hospitals headlines)
Source: bizjournals.com Health Care:Hospitals headlines - November 6, 2009 Category: Hospital Management Source Type: journals
GeoVax shows Q3 improvement
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GeoVax Labs Inc. trimmed its third-quarter loss. (Source: bizjournals.com Health Care:Hospitals headlines)
Source: bizjournals.com Health Care:Hospitals headlines - November 6, 2009 Category: Hospital Management Source Type: journals
HCA sees spike in 3Q revenue
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HCA Inc., Wesley Medical Center’s parent company, reported Thursday a 7.6 percent increase in third quarter revenue over a similar period a year ago. (Source: bizjournals.com Health Care:Hospitals headlines)
Source: bizjournals.com Health Care:Hospitals headlines - November 5, 2009 Category: Hospital Management Source Type: journals
BioCryst ships 10K doses of flu drug to government
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BioCryst Pharmaceuticals Inc. has shipped 10,000 courses of its developmental flu drug worth $22.5 million to the U.S. government to treat hospitalized flu patients. (Source: bizjournals.com Health Care:Hospitals headlines)
Source: bizjournals.com Health Care:Hospitals headlines - November 5, 2009 Category: Hospital Management Source Type: journals
Cigna 3Q profit nearly doubles on reversal of variable annuity fortunes
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Health insurer Cigna Corp. said Thursday that its third-quarter profit jumped 92 percent as the improving stock market reversed a business line that went sour last year. (CI) (Source: bizjournals.com Health Care:Hospitals headlines)
Source: bizjournals.com Health Care:Hospitals headlines - November 5, 2009 Category: Hospital Management Source Type: journals
FDA approves Covidien drug
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The U.S. Food and Drug Administration approved a new topical non-steroidal anti-inflammatory drug jointly developed by Covidien’s Mallinckrodt Inc. subsidiary and Nuvo Research Inc. of Canada. (Source: bizjournals.com Health Care:Hospitals headlines)
Source: bizjournals.com Health Care:Hospitals headlines - November 5, 2009 Category: Hospital Management Source Type: journals
Theragenics rises in the third quarter
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Higher revenue pushed Theragenics Corp. into the black in the third quarter of 2009. (TGX) (Source: bizjournals.com Health Care:Hospitals headlines)
Source: bizjournals.com Health Care:Hospitals headlines - November 5, 2009 Category: Hospital Management Source Type: journals
Kendle beats outlook for 3Q
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Kendle International Inc. posted lower profits and revenues, but still handily beat analysts’ expectations for its third quarter. (KNDL) (Source: bizjournals.com Health Care:Hospitals headlines)
Source: bizjournals.com Health Care:Hospitals headlines - November 5, 2009 Category: Hospital Management Source Type: journals
Ivax to pay $14M to settle kickback claim
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Ivax Pharmaceuticals will pay $14 million to resolve allegations that it participated in a kickback scheme with Omnicare, to get the nursing home pharmacy to buy its drugs, according to the U.S. Department of Justice. (Source: bizjournals.com Health Care:Hospitals headlines)
Source: bizjournals.com Health Care:Hospitals headlines - November 4, 2009 Category: Hospital Management Source Type: journals
Allos Therapeutics posts wider Q3 loss on costs as it gears to market cancer drug
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Colorado biotech firm Allos Therapeutics Inc. posted a bigger third-quarter loss, citing higher administrative and marketing costs as it gears up to sell its newly approved cancer drug Folotyn. (ALTH) (Source: bizjournals.com Health Care:Hospitals headlines)
Source: bizjournals.com Health Care:Hospitals headlines - November 4, 2009 Category: Hospital Management Source Type: journals
AtriCure suit settlement boosts stock
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AtriCure Inc. stayed in the red for its third quarter, with a loss that missed analysts’ expectations, but its announcement of a settlement in a whistleblower suit boosted its stock Wednesday morning. (ATRC) (Source: bizjournals.com Health Care:Hospitals headlines)
Source: bizjournals.com Health Care:Hospitals headlines - November 4, 2009 Category: Hospital Management Source Type: journals
