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Merck sells 50% interest in JJMCP joint venture

Merck, known outside the United States and Canada as MSD, today announced that the company has sold its 50 percent interest in the Johnson & Johnson--Merck Consumer Pharmaceuticals Co. joint venture (JJMCP) to Johnson & Johnson (J&J) affiliates, McNEIL-PPC, Inc., McNEIL MMP, LLC, and Johnson & Johnson, Inc.

29 Sep 2011

Ethicon Endo-Surgery announces definitive agreement to acquire SterilMed

Ethicon Endo-Surgery, Inc. (EES), a global leader in the development of innovative medical devices for minimally invasive and open surgical procedures, today announced a definitive agreement to acquire privately-held SterilMed, Inc. (SterilMed), a leader in the reprocessing and remanufacturing of medical devices in the United States.

28 Sep 2011

Dynatronics fourth quarter sales increase 3% to $8,190,382

Dynatronics Corporation today announced results for its fiscal fourth quarter and year ended June 30, 2011.

28 Sep 2011

DJO receives exclusive rights to sell Exos' range of upper extremity products

DJO Global, Inc., a leading global provider of medical device solutions for musculoskeletal health, vascular health and pain management, today announced that it has signed an exclusive distribution agreement with Exos Corporation, providing DJO with exclusive rights to sell Exos' broad range of upper extremity products that incorporate Exos' thermoformable polymer technology in North and South America.

28 Sep 2011

Lockheed Martin acquires QTC

Lockheed Martin Corporation has completed its acquisition of QTC Holdings Inc. The company, based in Diamond Bar, Calif., is the largest provider of outsourced medical evaluation services to the U.S. Department of Veterans Affairs (VA), processing more than 450,000 evaluations last year.

28 Sep 2011

BB&T Insurance announces acquisition of Atlantic Risk Management

BB&T Insurance Services, the nation's sixth largest insurance broker, announced its entrance into the metro Baltimore area with the acquisition of Atlantic Risk Management Corporation of Columbia, Md.

27 Sep 2011

CHRI second quarter revenues increase to $8 million

China Health Resource, Inc., a producer and supplier of Traditional Chinese Medicine (TCM) products, announced robust quarterly earnings for June 2011.

27 Sep 2011

TPI revenue increases 48.9% to $95.2 million for fiscal year 2011

Tianyin Pharmaceutical Co., Inc., a pharmaceutical company that specializes in patented biopharmaceutical, modernized traditional Chinese medicine, branded generics and other pharmaceuticals, announced the financial results for the Fiscal Year 2011.

27 Sep 2011

Aesculap acquires assets of Aragon Surgical

Aesculap announced today that it has acquired the assets of Aragon Surgical, Inc. Aragon Surgical specializes in advanced radio frequency (RF) electrosurgical instruments for tissue fusion and cutting.

27 Sep 2011

Humana to acquire California-based Medicare Advantage HMO

Humana Inc. announced today that it has signed an agreement to acquire MD Care, a California-based Medicare Advantage HMO with approximately 15,000 members in Southern California.

23 Sep 2011

Corgenix fiscal 2011 net sales decrease to $7,941,576

Corgenix Medical Corporation, a worldwide developer and marketer of diagnostic test kits, today filed its fiscal year Form 10-K and reported financial results.

23 Sep 2011

YM BioSciences total revenue decreases to $1.5 million for fiscal 2011

YM BioSciences Inc., a drug development company advancing a diverse portfolio of promising hematology and cancer-related products, today reported operational and financial results for its 2011 fiscal year, ended June 30, 2011.

23 Sep 2011

MannKind proposes to offer senior secured discount notes due 2017

MannKind Corporation today announced that it proposes to offer, subject to market conditions, senior secured discount notes due 2017 expected to yield gross proceeds of approximately $370.0 million.

23 Sep 2011

UHC honors University of Mississippi Health Care with Supplier Diversity Leadership Award

For the first time, UHC has honored a member organization for the development and implementation of an outstanding supplier diversity program. Roberta Graham, UHC executive vice president, and Jake Groenewold, UHC senior vice president, Supply Chain, presented the Supplier Diversity Leadership Award to University of Mississippi Health Care at the UHC Annual Conference 2011 in Chicago on September 22.

23 Sep 2011

Rite Aid reports $6.3 billion revenues for second quarter ended August, 2011

Rite Aid Corporation today reported financial results for its fiscal second quarter ended August 27, 2011.

22 Sep 2011

Cambridge Heart enters agreement with EO Medical for MTWA technology

Cambridge Heart, Inc., a developer of non-invasive diagnostic tests for cardiac disease, today announced that it has executed an exclusive agreement with EO Medical Pte Ltd to distribute its HearTwave II System and proprietary Microvolt T-Wave Alternans (MTWA) software and Micro-V Alternans Sensors in Singapore upon regulatory approval.

22 Sep 2011

Palatin's fourth quarter net loss decreases to $3.3 million

Palatin Technologies, Inc., a biopharmaceutical company developing bremelanotide for sexual dysfunction indications and PL-3994 for acute asthma and other indications, today announced results for its fourth quarter and fiscal year ended June 30, 2011.

22 Sep 2011

Zymeworks announces completion of $8.1M financing

Zymeworks Inc., a privately held biotherapeutics company focused on the development of best-in-class antibody and next generation protein-based therapeutics, today announced the completion of a financing totaling $8.1 million.

22 Sep 2011

OPTOS to acquire ophthalmic instrumentation business from OPKO

OPKO Health, Inc. has agreed to sell its ophthalmic instrumentation business to OPTOS, Inc., a subsidiary of Optos plc, a leading and rapidly growing medical technology company engaged in the design, development, manufacture and marketing of devices to image the retina of the eye. Optos will pay OPKO $17.5 million in cash at closing, plus future royalties.

22 Sep 2011

IRIDEX licenses rights to Ocunetics' intellectual property

IRIDEX Corporation today announced that it has exclusively licensed the rights to all of the intellectual property of Ocunetics, Inc., a privately held company based in Alamo, California. Ocunetics develops procedure-enabling medical devices that are intended to increase surgeons' efficiency, while improving case predictability for ophthalmic surgeries.

21 Sep 2011