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Health Robotics announces HAT as new marketing and service channel in Saudi Arabia

Health Robotics today announced a new marketing and service channel for its world-leading i.v.STATION ONCO, i.v.SOFT, and i.v.STATION products with Kingdom of Saudi Arabia-based market leader Hospital Automation Technology (HAT). Health Robotics continues to spearhead the global healthcare industry and persisting on its worldwide quest to provide safe and cost-effective Intravenous Admixture Compounding Automation all over the world.

28 May 2012

Covalon second quarter revenue increases to $1,090,038

Mr. Brian Pedlar, President and CEO of Covalon Technologies Ltd., an advanced medical technologies company, is pleased to provide the following update.

28 May 2012

Sihuan's Roxatidine passes Chinese SFDA on-site inspection

Sihuan Pharmaceutical Holdings Group Ltd., a leading pharmaceutical company with the largest cardio-cerebral vascular drug franchise in China's prescription market, announced that Roxatidine Acetate Hydrochloride for Injection, Sihuan Pharmaceutical's first-to-market generic drug, recently passed on-site inspection for drug registration conducted by the Chinese State Food and Drug Administration.

25 May 2012

Takeda signs agreement to acquire Multilab

Takeda Pharmaceutical Company Limited and Multilab Indústria e Comércio de Produtos Farmacêuticos Ltda. today jointly announced that both parties have signed an agreement whereby Takeda Farmacêutica Brasil Ltda., a wholly-owned subsidiary of Takeda, aims to acquire Multilab.

25 May 2012

Halo Healthcare acquires assets of NeoMatrix

Halo Healthcare, Inc. announces it has acquired the assets of NeoMatrix, LLC and has restructured the Company, including engaging a new CEO and management team, appointing a new Board of Directors, and relaunching the HALO diagnostic device for breast cancer risk assessment.

24 May 2012

APP expands portfolio of injectable critical care products

APP Pharmaceuticals, LLC, a Fresenius Kabi Company, today announced it has acquired three products from Nexus Pharmaceuticals, Inc.

24 May 2012

Medtronic fourth quarter revenue increases 4% to $4.297 billion

Medtronic, Inc. today announced financial results for its fourth quarter and fiscal year ended April 27, 2012.

From Medtronic 22 May 2012

InterMune reaches definitive agreement with Vidara to sell Actimmune

InterMune, Inc. today announced that it has reached a definitive agreement with Vidara Therapeutics International Limited (Vidara) to sell its rights to Actimmune (interferon gamma-1b) in a cash transaction valued at $55 million plus a two-year royalty stream.

22 May 2012

Sigmoid provides financial and product development update

Sigmoid Pharma Ltd., a privately-owned, specialty pharmaceutical and drug delivery company registered in Ireland, today provides an update on significant progress in 2011 and 2012.

19 May 2012

Ventac and GIBH announce creation of CASiGEN Pharma

Ventac Partners and the Guangzhou Institute of Biomedicine and Health, Chinese Academy of Sciences (GIBH) today announced the creation of CASiGEN Pharma Ltd. (CASiGEN) to bring new treatments for diabetes and other metabolic disorders to the global market.

18 May 2012

Abbott announces inaugural funding for nutrition and cognition research

The Center for Nutrition, Learning, and Memory, a collaboration between Abbott’s nutrition businesses and the University of Illinois Urbana-Champaign (UIUC), announced today the inaugural funding recipients of the Center’s annual research challenge.

18 May 2012

SQI closes second tranche of private placement

SQI Diagnostics Inc., a life sciences company that develops and commercializes proprietary technologies and products for advanced microarray diagnostics, announced today it has raised gross proceeds of CDN $2.333 million through the second tranche of a non-brokered private placement of 1,333,428 units priced at $1.75 per Unit.

18 May 2012

HTA intends to commence modified ‘Dutch Auction’ tender offer

Healthcare Trust of America, Inc. announced today that it intends to commence a modified "Dutch Auction" tender offer to purchase up to $150 million of its shares of Class A common stock from its stockholders.

18 May 2012

CRC net revenue increases 3% to $108.9M for three months ended March 31, 2012

CRC Health Corporation, a leading provider of substance abuse treatment and adolescent youth services through its wholly owned consolidated subsidiaries, announced its results for the three months ended March 31, 2012.

17 May 2012

ApolloMed net revenue increases 31.2% to $5.1M for fiscal year 2012

Apollo Medical Holdings, Inc. announced financial results for its fiscal year ended January 31, 2012.

17 May 2012

Zyga Technology raises $25 million in Series C financing

Zyga Technology announced today that it had raised $25 million in a Series C financing led by new investor Versant Ventures of Menlo Park, California. Joining Versant in this round are existing investors Split Rock Partners, Domain Associates, and MB Venture Partners. With this investment, Kirk Nielsen, Managing Director, Versant Ventures will join the board of directors of Zyga.

17 May 2012

Inrad Optics first quarter revenues decrease 12.4% to $2.8M

Inrad Optics, Inc. has released its consolidated financial results for the three months ended March 31, 2012.

17 May 2012

CryoLife acquires Hemosphere

CryoLife, Inc., a leading medical device company focused on cardiac and vascular surgery, announced today that it has completed its previously announced acquisition of Hemosphere, Inc.

17 May 2012

Shengtai third quarter net sales decrease 4.52% to $39,803,608

Shengtai Pharmaceutical, Inc., a manufacturer and distributor in China of glucose and starch as pharmaceutical raw materials and other starch and glucose products, today reported financial results for the third quarter of fiscal 2012 ended March 31, 2012.

16 May 2012

Quality Systems announces acquisition of The Poseidon Group

Quality Systems, Inc., announced today the acquisition of The Poseidon Group, Inc. to support the growth of its NextGen Inpatient Solutions offering, which provides a range of healthcare information technology services to small hospitals.

16 May 2012