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CryoLife acquires Cardiogenesis

CryoLife, Inc., an implantable biological medical device and cardiovascular tissue processing company, today announced that it has successfully completed its acquisition of Cardiogenesis Corporation.

17 May 2011

Pernix first quarter net revenues increase 14% to $10.1 million

Pernix Therapeutics Holdings, Inc., a specialty pharmaceutical company primarily focused on the pediatric market, today announced financial results for the first quarter of 2011.

17 May 2011

HASCO Medical acquires Wheelchair Vans of America and Mobility Freedom

HASCO Medical, Inc., a managed healthcare provider that serves patients in Alabama, Florida, and Mississippi, announced today its acquisition of Mobility Freedom Inc. and Wheelchair Vans of America.

17 May 2011

LifeVantage fiscal third quarter net revenue increases 270% to $10.0 million

LifeVantage Corporation, the maker of science-based solutions to oxidative stress, today, reported financial results for the third quarter and first nine months of fiscal 2011 ended March 31, 2011.

17 May 2011

Targacept proposes $75 million underwritten public offering of common stock

Targacept, Inc. announced today that it is offering to sell $75 million in shares of its common stock in an underwritten public offering. Targacept expects to grant the underwriters for the offering an option to purchase additional shares of common stock to cover over-allotments, if any.

17 May 2011

Columbia Laboratories to be listed on NASDAQ Biotechnology Index

Columbia Laboratories, Inc. today announced the Company will be added to the NASDAQ Biotechnology Index.

17 May 2011

American Heart Association recognizes NIC as Platinum-Level Start! Fit-Friendly Company

NIC, a leading provider of online government services, is one of only two Kansas City metro companies to be recognized as a Platinum-Level Start! Fit-Friendly Company by the American Heart Association's Start! initiative for helping employees eat better and move more.

17 May 2011

Business trends shape medical practices

Minnesota Public Radio reports that independent practices increasingly face an uphill battle while the Minneapolis Star Tribune notes that the "company doctor" is making a comeback in workplaces across the nation.

17 May 2011

Thermo Fisher Scientific announces completion of Dionex tender offer

Thermo Fisher Scientific, the world leader in serving science, today announced that it has successfully completed its tender offer for Dionex Corporation.

From Thermo Fisher Scientific Inc. 17 May 2011

CytRx sells global rights of molecular chaperone assets to Orphazyme

CytRx Corporation, a biopharmaceutical company specializing in oncology, today announced that it has sold the worldwide rights to its molecular chaperone assets to privately-held, Copenhagen, Denmark-based Orphazyme ApS.

17 May 2011

Eli Lilly responds to Amylin's exenatide lawsuit

Eli Lilly and Company has provided additional perspective in response to Amylin Pharmaceuticals, Inc.'s lawsuit filed in the United States District Court for the Southern District of California.

17 May 2011

Epichem signs exclusive distributor agreement with AR Brown

Australian supplier of API analytical standards Epichem, announced today it has signed an exclusive distributor agreement with a leading Japanese Life Sciences supplier company, AR Brown, for sales to Japan, Taiwan, China and South Korea.

17 May 2011

Comprehensive Care first quarter total revenue increases 383% to $18.3 million

Comprehensive Care Corporation today reported results for the first quarter ended March 31, 2011.

17 May 2011

Merck acquires Inspire Pharmaceuticals

Merck, known as MSD outside the United States and Canada, announced today that it is has completed its acquisition of Inspire Pharmaceuticals, Inc., a specialty pharmaceutical company focused on developing and commercializing ophthalmic products, for $5.00 per share in cash.

17 May 2011

Histogenics announces acquisition of ProChon Biotech

Histogenics Corporation, a privately held regenerative medicine company, announced today that it has acquired ProChon Biotech, Ltd. in a stock-for-stock exchange.

17 May 2011

Boston Software Systems to sponsor Revenue Cycle track of presentations at 2011 MUSE Conference

Boston Software Systems, the leader in workflow automation technology to the healthcare market, today announced that it is participating in the 2011 MUSE International Conference in Nashville, May 31-June 3 and will be sponsoring the Revenue Cycle track of presentations.

16 May 2011

EntreMed reports net loss of $2.6 million for first quarter 2011

EntreMed, Inc., a clinical-stage pharmaceutical company, today announced financial results for the three months ended March 31, 2011.

16 May 2011

Nutrastar first quarter revenue increases 21.6% to $5.80 million

Nutrastar International Inc., a leading producer and supplier of premium branded Traditional Chinese Medicine consumer products, today announced record financial results for the quarter ended March 31, 2011.

16 May 2011

Dynatronics fiscal third quarter net income increases 22% to $117,260

Dynatronics Corporation today announced results for its fiscal third quarter ended March 31, 2011.

16 May 2011

Kindred Healthcare plans $550 million senior notes offering

Kindred Healthcare, Inc. today announced that it is planning to issue an aggregate principal amount of up to $550 million of senior notes due 2019 to qualified institutional buyers in accordance with Rule 144A under the Securities Act of 1933, as amended and to certain non-United States persons in offshore transactions in accordance with Regulation S under the Securities Act.

16 May 2011