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Luminex acquires EraGen Biosciences

Luminex Corporation today announced the completion of its acquisition of privately-held EraGen Biosciences, Inc., an innovator in molecular diagnostic testing technologies for infectious disease and genetic applications, for $34 million in cash.

From Luminex 28 Jun 2011

Mayo Clinic signs agreement with Kindstar

Mayo Clinic today announced that it has entered into a multiyear agreement with Wuhan Kindstar Globalgene Technology, Inc. (Kindstar) to provide specialized laboratory support based on provision of knowledge from Mayo Clinic’s Department of Laboratory Medicine and Pathology and its reference laboratory, Mayo Medical Laboratories.

27 Jun 2011

OncoSec raises $3.0M through private placement

OncoSec Medical Incorporated, which is developing its advanced-stage ElectroOncology therapies to treat solid tumor cancers, announced today the closing of the sale to institutional investors of an aggregate of 4,000,000 shares of its common stock at $0.75 per share in a private placement.

27 Jun 2011

West End Orthopaedic Clinic announces name change to OrthoVirginia

West End Orthopaedic Clinic has announced that they are changing the name of their practice to OrthoVirginia. Coinciding with the name change will be the opening of a new facility completely dedicated to orthopedic specialty care and sports medicine, at the Boulders near Chippenham Hospital.

27 Jun 2011

EMA acceptance of brentuximab vedotin MAA triggers $5M milestone payment to Seattle Genetics

Seattle Genetics, Inc., today announced that it will receive a $5 million milestone payment under its brentuximab vedotin (ADCETRIS) collaboration with Millennium: The Takeda Oncology Company, a wholly owned subsidiary of Takeda Pharmaceutical Company Limited.

27 Jun 2011

NovaSom completes $35M equity financing led by Safeguard Scientifics

NovaSom, Inc., the market leader in technology-driven, payer-aligned cost-saving solutions for Obstructive Sleep Apnea (OSA) management, today announced it has closed $35 million in equity financing.

27 Jun 2011

MedeAnalytics opens new Patient Access Resource Center

MedeAnalytics, a leading provider of healthcare performance management solutions, today announced the launch of its Patient Access Resource Center. Created in response to growing interest in the front end of the revenue cycle, the resource center provides educational information on top key performance indicators and industry trends, as well as best-practice tools and links to leading resources.

27 Jun 2011

Acorda to move corporate headquarters to Ardsley Park life science campus

Acorda Therapeutics, Inc. today announced that it plans to relocate its corporate headquarters to the Ardsley Park life science campus in Ardsley, New York, which was acquired by BioMed Realty Trust, Inc..

27 Jun 2011

Flamel, Digna Biotech enter joint development agreement for multiple products

Flamel Technologies SA and Digna Biotech SL today announced that the two companies have entered into a joint development agreement for the pre-clinical and clinical development of multiple products.

27 Jun 2011

Centric Health to acquire DNPI Group assets

Centric Health Corporation, Canada's leading diversified healthcare company, today announced that it has entered into a definitive asset purchase agreement through a wholly owned subsidiary to acquire certain assets of Dedicated National Pharmacies Inc., Methadrug Clinic Limited and Union Medical Pharmacy Inc. from the court-appointed receiver of the DNPI Group, Grant Thornton Limited (the "Receiver").

27 Jun 2011

Metropolitan enters definitive merger agreement to acquire Continucare

Metropolitan Health Networks, Inc. and Continucare Corporation announced jointly today that they have entered into a definitive merger agreement whereby Metropolitan will acquire Continucare in a cash and stock transaction valued at approximately $416 million at the time of announcement.

27 Jun 2011

Youngevity to acquire Bellamora

Youngevity Essential Life Sciences, which sells an extensive line of nutritional supplements and health and personal care products, announced today that it has signed a definitive agreement to acquire the distributor base and product line of Bellamora, a Tampa, Florida-based marketer of skin care products.

27 Jun 2011

Derma Sciences announces $29 million financing

Derma Sciences, Inc., a medical device and pharmaceutical company focused on advanced wound care, today announced it has closed its previously announced private placement.

27 Jun 2011

UHC inaugurates new 77,109-square-foot headquarters in Chicago

UHC, a national organization representing 90 percent of the nation's academic medical centers, has announced the opening of its new headquarters in downtown Chicago.

27 Jun 2011

Philips to acquire Sectra's mammography modality operations

Sectra and Royal Philips Electronics have signed an agreement under which Philips will acquire Sectra's mammography modality operations. The cash purchase consideration amounts to EUR 57.5 million on cash and debt-free basis.

27 Jun 2011

Bonovo forms new division to accelerate growth of hip and knee products

Bonovo Orthopedics, Inc. announced today that it has formed Bonovo Recon, a new division dedicated to accelerating the growth of Bonovo's hip and knee product development and sales initiatives.

27 Jun 2011

EMA approves Shire's new REPLAGAL manufacturing facility in Lexington

Shire plc, the global specialty biopharmaceutical company, today announced that the European Medicines Agency has approved the purification of REPLAGAL® (agalsidase alfa) drug substance at its new manufacturing facility in Lexington, MA, US. REPLAGAL, Shire's enzyme replacement therapy for the treatment of Fabry disease is the first product that will be made available to patients from the new facility.

24 Jun 2011

Nutrastar opens Harbin specialty store in central Nangang District

Nutrastar International Inc., a leading producer and supplier of premium branded Traditional Chinese Medicine ("TCM") consumer products, today announced the opening of its second branded specialty store in Harbin. The store carries the company's core Cordyceps product and all of the Company's functional health beverage products.

24 Jun 2011

athenahealth announces new client and employee training center at Point Lookout facility

athenahealth, Inc., a leading provider of cloud-based practice management, electronic health record (EHR), and patient communication services to medical groups, today announced that it has closed on the purchase of property in Northport, Maine for $7.7 million.

24 Jun 2011

ABA honors Acorda Therapeutics president with 2011 Stevie Award

Acorda Therapeutics, Inc. announced that Ron Cohen, M.D., President and CEO of Acorda Therapeutics, was awarded the 2011 Stevie Award for Executive of the Year in the Health Products & Services category at the 9th Annual American Business Awards (ABA) ceremony held on June 20, 2011.

24 Jun 2011