bizjournals.com Health Care:Pharmaceuticals headlines
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Affymax plans to raise $69.6M in stock sale
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Biopharmaceutical company Affymax Inc. said Thursday it plans to offer about 4 million shares of its common stock to raise $69.6 million. (AFFY) (Source: bizjournals.com Health Care:Pharmaceuticals headlines)
Source: bizjournals.com Health Care:Pharmaceuticals headlines - November 19, 2009 Category: Pharmaceuticals Source Type: journals
Onorato discusses options to keep Braddock Hospital open at community meeting
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A court injunction is among the options being considered to stop the University of Pittsburgh Medical Center from closing Braddock Hospital, even though the strategy hasn’t worked elsewhere, Allegheny County Executive Dan Onorato said Wednesday night. (Source: bizjournals.com Health Care:Pharmaceuticals headlines)
Source: bizjournals.com Health Care:Pharmaceuticals headlines - November 19, 2009 Category: Pharmaceuticals Source Type: journals
PCH4: Number of outpatient surgery centers growing
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The number of outpatient surgery centers continues to grow along with their total margin, according the Pennsylvania Health Care Cost Containment Council, which released a report about the centers on Thursday. (Source: bizjournals.com Health Care:Pharmaceuticals headlines)
Source: bizjournals.com Health Care:Pharmaceuticals headlines - November 19, 2009 Category: Pharmaceuticals Source Type: journals
Holy Cross will return Rothstein donation
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Holy Cross Hospital said it intends to return a $1 million donation from embattled Fort Lauderdale attorney Scott Rothstein’s foundation. (Source: bizjournals.com Health Care:Pharmaceuticals headlines)
Source: bizjournals.com Health Care:Pharmaceuticals headlines - November 18, 2009 Category: Pharmaceuticals Source Type: journals
Tennessee health ranking improves, but obesity looms
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Left unchecked, Tennessee’s obesity epidemic will cost the state $7.08 billion in health care spending over the next decade. That’s $1,442 for every adult, whether obese or not. (Source: bizjournals.com Health Care:Pharmaceuticals headlines)
Source: bizjournals.com Health Care:Pharmaceuticals headlines - November 18, 2009 Category: Pharmaceuticals Source Type: journals
Jennerex inks deal with Lee’s Pharmaceutical Holdings in China
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Cancer medicine company Jennerex Inc. signed a deal with Lee’s Pharmaceutical Holdings Ltd. for development and sales of its lead drug. (Source: bizjournals.com Health Care:Pharmaceuticals headlines)
Source: bizjournals.com Health Care:Pharmaceuticals headlines - November 18, 2009 Category: Pharmaceuticals Source Type: journals
N.C. holds health rating
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North Carolina ranks 37th this year, the same as in 2008, in an annual ranking of states’ health. (Source: bizjournals.com Health Care:Pharmaceuticals headlines)
Source: bizjournals.com Health Care:Pharmaceuticals headlines - November 18, 2009 Category: Pharmaceuticals Source Type: journals
CDC chief: Employers play big role in health care
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Employers play a key role in attacking the national problems of heart disease and stroke, the director of the U.S. Centers for Disease Control and Prevention said during a visit to Kansas City. (Source: bizjournals.com Health Care:Pharmaceuticals headlines)
Source: bizjournals.com Health Care:Pharmaceuticals headlines - November 17, 2009 Category: Pharmaceuticals Source Type: journals
CompCare dips into the red as major contracts expire
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Comprehensive Care Corp. reported a net loss of $2.6 million, or 6 cents a share, for the three months ended Sept. 30, compared with net income of $328,000, or 3 cents a share, in the same period a year earlier. (Source: bizjournals.com Health Care:Pharmaceuticals headlines)
Source: bizjournals.com Health Care:Pharmaceuticals headlines - November 16, 2009 Category: Pharmaceuticals Source Type: journals
Medicare fraud nets jail time, $21M in fines
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Three Miami defendants in a Medicare fraud case were sentenced to jail time and ordered to pay a total of more than $21 million in restitution. (Source: bizjournals.com Health Care:Pharmaceuticals headlines)
Source: bizjournals.com Health Care:Pharmaceuticals headlines - November 16, 2009 Category: Pharmaceuticals Source Type: journals
Bioheart narrows losses, raises $3.9M
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Bioheart narrowed its losses in the third quarter, and then completed a nearly $3.9 million private stock offering. (Source: bizjournals.com Health Care:Pharmaceuticals headlines)
Source: bizjournals.com Health Care:Pharmaceuticals headlines - November 16, 2009 Category: Pharmaceuticals Source Type: journals
Merge Healthcare to sell 9 million shares
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Merge Healthcare said it is offering to sell up to 9,034,033 shares of common stock at $3 per share with proceeds going to pay debt held by the company’s chairman and largest shareholder. (MRGE) (Source: bizjournals.com Health Care:Pharmaceuticals headlines)
Source: bizjournals.com Health Care:Pharmaceuticals headlines - November 13, 2009 Category: Pharmaceuticals Source Type: journals
Texas Children’s patient gets heart pump
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Texas Children’s Hospital reported this week that it became the nation’s first pediatric hospital to discharge a child with an artificial heart pump. (Source: bizjournals.com Health Care:Pharmaceuticals headlines)
Source: bizjournals.com Health Care:Pharmaceuticals headlines - November 13, 2009 Category: Pharmaceuticals Source Type: journals
Smith & Nephew to buy Nucryst Pharmaceuticals technology
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The Advanced Wound Management division of Smith & Nephew plc said it has signed a definitive agreement to acquire substantially all of the assets of Nucryst Pharmaceuticals Corp. (NCST) (SNN) (Source: bizjournals.com Health Care:Pharmaceuticals headlines)
Source: bizjournals.com Health Care:Pharmaceuticals headlines - November 11, 2009 Category: Pharmaceuticals Source Type: journals
All Children’s Hospital invites viewing of mega project
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The new All Children’s Hospital in St. Petersburg is opening its doors to the public for tours. (Source: bizjournals.com Health Care:Pharmaceuticals headlines)
Source: bizjournals.com Health Care:Pharmaceuticals headlines - November 11, 2009 Category: Pharmaceuticals Source Type: journals
Anheuser-Busch gives $50,000 to Fisher House Foundation
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To honor Veteran’s Day, Anheuser-Busch’s Budweiser is donating $50,000 to Fisher House Foundation, a non-profit that builds homes for families of patients receiving medical care at military and VA hospitals. (Source: bizjournals.com Health Care:Pharmaceuticals headlines)
Source: bizjournals.com Health Care:Pharmaceuticals headlines - November 11, 2009 Category: Pharmaceuticals Source Type: journals
SeniorBridge buys Melbourne company
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SeniorBridge, a service provider for individuals requiring care for chronic health conditions, is expanding its business in Florida with the acquisition of Senior Care Management Services in Melbourne. (Source: bizjournals.com Health Care:Pharmaceuticals headlines)
Source: bizjournals.com Health Care:Pharmaceuticals headlines - November 11, 2009 Category: Pharmaceuticals Source Type: journals
BioVex tops off $70 million venture round
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BioVex Inc., a developer of potential cancer-fighting technologies, has added $30 million in venture capital. (Source: bizjournals.com Health Care:Pharmaceuticals headlines)
Source: bizjournals.com Health Care:Pharmaceuticals headlines - November 10, 2009 Category: Pharmaceuticals Source Type: journals
Replacements Ltd. revamps search options
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Replacements Ltd., a McLeansville-based supplier of old and new china, crystal, silver and collectibles, has launched a search upgrade to its Web site. (Source: bizjournals.com Health Care:Pharmaceuticals headlines)
Source: bizjournals.com Health Care:Pharmaceuticals headlines - November 10, 2009 Category: Pharmaceuticals Source Type: journals
Dynavax Technologies to buy Symphony Dynamo
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Dynavax Technologies Corp. plans to buy Symphony Dynamo Inc., picking up $20 million and the rights to some of its own hepatitis C drugs in the process, and putting off a $15 million payment for nearly two years. (DVAX) (Source: bizjournals.com Health Care:Pharmaceuticals headlines)
Source: bizjournals.com Health Care:Pharmaceuticals headlines - November 10, 2009 Category: Pharmaceuticals Source Type: journals
St. Jude Medical leaves trade group AdvaMed over tax proposal
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St. Jude Medical Inc. is pulling out of the Advanced Medical Technology Association, citing a disagreement over congressional proposals to tax medical devices to help pay for health care reform. (STJ) (MDT) (Source: bizjournals.com Health Care:Pharmaceuticals headlines)
Source: bizjournals.com Health Care:Pharmaceuticals headlines - November 10, 2009 Category: Pharmaceuticals Source Type: journals
Corcept cuts Q3 loss to $4.7 million
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Corcept Therapeutics Inc. cut its third quarter loss slightly, to $4.7 million. (CORT) (Source: bizjournals.com Health Care:Pharmaceuticals headlines)
Source: bizjournals.com Health Care:Pharmaceuticals headlines - November 10, 2009 Category: Pharmaceuticals Source Type: journals
M.D. Anderson’s Barbara Summers named AAN fellow
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Barbara Summers has been inducted as an American Academy of Nursing fellow — the industry’s highest honor. (Source: bizjournals.com Health Care:Pharmaceuticals headlines)
Source: bizjournals.com Health Care:Pharmaceuticals headlines - November 10, 2009 Category: Pharmaceuticals Source Type: journals
Inverness spikes distribution agreement with Thermo
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Inverness Medical Innovations has terminated a distribution agreement with Thermo Fisher Scientific Inc. involving its suite of Biosite diagnostic products, opting instead to deliver the health-care devices and tests directly to consumers. (TMO) (IMA) (Source: bizjournals.com Health Care:Pharmaceuticals headlines)
Source: bizjournals.com Health Care:Pharmaceuticals headlines - November 10, 2009 Category: Pharmaceuticals Source Type: journals
Bruker creates COO post, promotes CFO
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Bruker Corp., a developer of medical technologies that has drawn some criticism from analysts over its operating efficiency, has promoted chief financial officer Bill Knight to fill the company’s newly created post of chief operating officer. (Source: bizjournals.com Health Care:Pharmaceuticals headlines)
Source: bizjournals.com Health Care:Pharmaceuticals headlines - November 9, 2009 Category: Pharmaceuticals Source Type: journals
Sunrise narrows loss
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Sunrise Senior Living Inc., which has been restructuring, narrowed its loss in its latest quarter even as revenue declined. (SRZ) (Source: bizjournals.com Health Care:Pharmaceuticals headlines)
Source: bizjournals.com Health Care:Pharmaceuticals headlines - November 9, 2009 Category: Pharmaceuticals Source Type: journals
AMRI’s quarterly earnings, revenue down
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Revenue at Albany Molecular Research Inc. slid lower again in the third quarter, but the company expects to return to growth next year. (Source: bizjournals.com Health Care:Pharmaceuticals headlines)
Source: bizjournals.com Health Care:Pharmaceuticals headlines - November 9, 2009 Category: Pharmaceuticals Source Type: journals
Continucare doubles Q1 income
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Earnings at Continucare Corp. more than doubled in its first quarter as the company benefited from greater revenue. (Source: bizjournals.com Health Care:Pharmaceuticals headlines)
Source: bizjournals.com Health Care:Pharmaceuticals headlines - November 9, 2009 Category: Pharmaceuticals Source Type: journals
Metropolitan Health Q3 income falls 44%
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Metropolitan Health Networks reported that its third quarter income fell 44 percent, but it showed revenue and membership gains from the Medicare patients it services. (Source: bizjournals.com Health Care:Pharmaceuticals headlines)
Source: bizjournals.com Health Care:Pharmaceuticals headlines - November 5, 2009 Category: Pharmaceuticals Source Type: journals
Stereotaxis cuts loss
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Stereotaxis Inc. trimmed its loss nearly in half in the third quarter as it works to turn its first profit. (Source: bizjournals.com Health Care:Pharmaceuticals headlines)
Source: bizjournals.com Health Care:Pharmaceuticals headlines - November 5, 2009 Category: Pharmaceuticals Source Type: journals
Vivus promotes COO to president
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Vivus Inc. promoted Peter Tam, its chief operating officer, to president. (XOMA) (VVUS) (Source: bizjournals.com Health Care:Pharmaceuticals headlines)
Source: bizjournals.com Health Care:Pharmaceuticals headlines - November 3, 2009 Category: Pharmaceuticals Source Type: journals
Rigel reports $26.7M loss in Q3
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In the third quarter ended September, Rigel Pharmaceuticals Inc. lost $26.7 million, down from a loss of $37.7 million in the same quarter a year earlier. (RIGL) (Source: bizjournals.com Health Care:Pharmaceuticals headlines)
Source: bizjournals.com Health Care:Pharmaceuticals headlines - November 3, 2009 Category: Pharmaceuticals Source Type: journals
Brookdale curbs losses in 3Q
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Brookdale Senior Living Inc. reported a loss in the third quarter, but still showed improvement over the same period last year. (BKD) (Source: bizjournals.com Health Care:Pharmaceuticals headlines)
Source: bizjournals.com Health Care:Pharmaceuticals headlines - November 3, 2009 Category: Pharmaceuticals Source Type: journals
N.C. workers’ comp premiums to drop 9.6%
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Businesses in North Carolina will pay less for workers’ compensation insurance next year, according to the N.C. Department of Insurance. (Source: bizjournals.com Health Care:Pharmaceuticals headlines)
Source: bizjournals.com Health Care:Pharmaceuticals headlines - November 3, 2009 Category: Pharmaceuticals Source Type: journals
Cequent closes tranche of $10.8M round
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Cambridge-based biotechnology company Cequent Pharmaceuticals has raised $2.7 million of a planned $10.8 million financing round. The funding included investments from Wellesley, Mass.-based Ampersand Ventures, New England Capital Partners in Newton, Mass., and Durham, N.C.-based A.M. Pappas Life Science Ventures. (Source: bizjournals.com Health Care:Pharmaceuticals headlines)
Source: bizjournals.com Health Care:Pharmaceuticals headlines - November 2, 2009 Category: Pharmaceuticals Source Type: journals
Mednax Q3 income surges 29%
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Mednax boosted its earnings by 29 percent in the third quarter as its physicians saw more patients. (MD) (Source: bizjournals.com Health Care:Pharmaceuticals headlines)
Source: bizjournals.com Health Care:Pharmaceuticals headlines - November 2, 2009 Category: Pharmaceuticals Source Type: journals
SIUE, SLU get stimulus for pain study
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The Southern Illinois University Edwardsville School of Pharmacy and the Saint Louis University Department of Pharmacology and Physiology have won $974,024 in stimulus money to study new ways to relieve chronic pain. (Source: bizjournals.com Health Care:Pharmaceuticals headlines)
Source: bizjournals.com Health Care:Pharmaceuticals headlines - November 2, 2009 Category: Pharmaceuticals Source Type: journals
Mallinckrodt painkiller gets FDA OK
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A generic painkiller developed by Covidien’s pharmaceutical subsidiary, Mallinckrodt Inc., has received approval from the U.S. Food and Drug Administration. (Source: bizjournals.com Health Care:Pharmaceuticals headlines)
Source: bizjournals.com Health Care:Pharmaceuticals headlines - November 2, 2009 Category: Pharmaceuticals Source Type: journals
Human Genome Sciences sees positive results for lupus drug
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Human Genome Sciences Inc. said its second round of late-stage clinical trials proved positive for its key lupus drug, cementing the Rockville company's recent successes and boosting its chances for selling the first federally approved lupus treatment in five decades. (HGSI) (Source: bizjournals.com Health Care:Pharmaceuticals headlines)
Source: bizjournals.com Health Care:Pharmaceuticals headlines - November 2, 2009 Category: Pharmaceuticals Source Type: journals
Magic’s Howard seek 30K for Florida Hospital
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Orlando Magic center Dwight Howard is giving $30,000 to Florida Hospital for Children through his Big Change for Kids help fund. (Source: bizjournals.com Health Care:Pharmaceuticals headlines)
Source: bizjournals.com Health Care:Pharmaceuticals headlines - October 30, 2009 Category: Pharmaceuticals Source Type: journals
Doctor sentenced for HIV infusion fraud
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A Miami doctor was sentenced to six-and-a-half years in prison and ordered to pay more than $3.4 million in restitution for his role in a Medicare and Medicaid HIV-infusion fraud. (Source: bizjournals.com Health Care:Pharmaceuticals headlines)
Source: bizjournals.com Health Care:Pharmaceuticals headlines - October 30, 2009 Category: Pharmaceuticals Source Type: journals
PerkinElmer rises on positive outlook
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PerkinElmer shares jumped in early trading Friday after the release of third quarter earnings that, despite a sharp drop in year-over-year profits, showed an improving outlook for the biotechnology and health-care technology company. (PKI) (Source: bizjournals.com Health Care:Pharmaceuticals headlines)
Source: bizjournals.com Health Care:Pharmaceuticals headlines - October 30, 2009 Category: Pharmaceuticals Source Type: journals
TomoTherapy to cut 10% of work force
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TomoTherapy Inc., the Madison producer of targeted radiation cancer treatment systems, said it is cutting 10 percent of its work force in response to soft economic and market conditions. (TOMO) (Source: bizjournals.com Health Care:Pharmaceuticals headlines)
Source: bizjournals.com Health Care:Pharmaceuticals headlines - October 30, 2009 Category: Pharmaceuticals Source Type: journals
UGA prof wins $660K stimulus grant
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The University of Georgia professor and Georgia Research Alliance Eminent Scholar of Molecular Biology Stephen Dalton got a $600,000 federal stimulus grant to accelerate research into a type of stem cell that can turn into virtually any cell type, the university reported Thursday. (Source: bizjournals.com Health Care:Pharmaceuticals headlines)
Source: bizjournals.com Health Care:Pharmaceuticals headlines - October 29, 2009 Category: Pharmaceuticals Source Type: journals
Kansas Board of Healing Arts names interim head
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The Kansas Board of Healing Arts has appointed one of its staff attorneys to be acting executive director. (Source: bizjournals.com Health Care:Pharmaceuticals headlines)
Source: bizjournals.com Health Care:Pharmaceuticals headlines - October 29, 2009 Category: Pharmaceuticals Source Type: journals
StemCells to raise $12.5M in stock sale
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StemCells Inc. said Wednesday it plans to raise approximately $12.5 million through the sale of about 10 million shares of its common stock. (STEM) (Source: bizjournals.com Health Care:Pharmaceuticals headlines)
Source: bizjournals.com Health Care:Pharmaceuticals headlines - October 28, 2009 Category: Pharmaceuticals Source Type: journals
Safeguard Scientifics leads Quinnova funding
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Quinnova Pharmaceuticals raised $17.4 million in a venture capital financing Wednesday led by Safeguard Scientifics. (SFE) (Source: bizjournals.com Health Care:Pharmaceuticals headlines)
Source: bizjournals.com Health Care:Pharmaceuticals headlines - October 28, 2009 Category: Pharmaceuticals Source Type: journals
Novavax Indian joint venture starts vaccine productions
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Novavax Inc., which last week announced a vaccine production partnership in Mexico, is beginning work using its production technology with a partner in India. (NVAX) (Source: bizjournals.com Health Care:Pharmaceuticals headlines)
Source: bizjournals.com Health Care:Pharmaceuticals headlines - October 28, 2009 Category: Pharmaceuticals Source Type: journals
Neurobiological Technologies liquidation gets stockholders OK
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Stockholders voted in favor of a plan to liquidate and dissolve Neurobiological Technologies Inc. (NTII) (Source: bizjournals.com Health Care:Pharmaceuticals headlines)
Source: bizjournals.com Health Care:Pharmaceuticals headlines - October 28, 2009 Category: Pharmaceuticals Source Type: journals
Transcend Services has big revenue jump
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Transcend Services Inc.’s profit increased 24 percent in the third quarter. (TRCR) (Source: bizjournals.com Health Care:Pharmaceuticals headlines)
Source: bizjournals.com Health Care:Pharmaceuticals headlines - October 28, 2009 Category: Pharmaceuticals Source Type: journals
