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CHSI enters definitive agreement to acquire WHI for $525 million

Catalyst Health Solutions, Inc. announced that it has entered into a definitive agreement with Walgreen Co. to acquire Walgreens' pharmacy benefit management subsidiary, Walgreens Health Initiatives, Inc., for $525 million in cash.

9 Mar 2011

NovaShunt raises Series B financing for CHF 23.7 million

NovaShunt AG, a private Swiss medical device company with innovative fluid management technologies, announced today that it has raised CHF 23.7 million in a Series B preferred share financing round co-led by BioMedInvest AG, Entrepreneurs Fund and Capricorn Health-tech Fund.

9 Mar 2011

Fluidigm fourth quarter revenue increases to $10.4 million

Fluidigm Corporation today announced its financial results for the fourth quarter and full year ended December 31, 2010.

9 Mar 2011

U.S. Bank introduces two enhanced offerings for healthcare providers

U.S. Bank's healthcare payments division today introduced two enhanced offerings—Payment Navigator and Payment Consolidator—that help healthcare providers improve revenue cycles and streamline complex payment processes, at a time when providers face unprecedented challenges getting paid for their services.

9 Mar 2011

Trade name ‘The Stem Cell Group’ registered for Celulas Genetica

Emerging Healthcare Solutions, Inc. announced today that it registered a trade name, "The Stem Cell Group," for use in marketing and branding its subsidiary company, Celulas Genetica.

9 Mar 2011

Allergy Asthma Research Institute, Forest Labs join SAFE-BioPharma

In a move to improve efficiency by reducing paper in their respective operations, Forest Laboratories and the Allergy Asthma Research Institute have joined SAFE-BioPharma Association. They now have access to the SAFE-BioPharma® digital identity and signature standard, used throughout the biopharmaceutical industry to verify and manage digital identities involved in electronic transactions and to apply digital signatures to electronic documents.

9 Mar 2011

Swisher Hygiene announces acquisition of healthcare and hospitality division of SPS, ADCO

Swisher Hygiene Inc., a leading provider of essential hygiene and sanitation products and services, today announced that it has acquired the healthcare and hospitality division of Solvents and Petroleum Service, Inc., a New York-based hygiene and chemicals company, and ADCO Services, Inc., an Atlanta-based hygiene and chemicals company.

8 Mar 2011

CNIT fourth quarter revenues increase 94.1% to US$61.22 million

Information Technology, Inc., a leading total solutions provider of geographic information systems, digital public security technology and digital hospital information systems in China, today announced its financial results for the fourth quarter and fiscal year ended December 31, 2010.

8 Mar 2011

Bristol-Myers Squibb enters strategic partnership with WuXi Pharmatech

Bristol-Myers Squibb Company (NYSE: BMY) and WuXi PharmaTech (NYSE: WX) today announced that they have entered a strategic partnership to conduct stability studies of small-molecule new chemical entities to support global marketing applications.

8 Mar 2011

Anacor and iOWH establish research agreement to identify new drugs for shigellosis

Anacor Pharmaceuticals (NASDAQ:ANAC) and the Institute for OneWorld Health (iOWH) today announced the establishment of a joint research agreement to discover antibacterial compounds for treating shigellosis.

8 Mar 2011

RadNet fourth quarter revenues increase 10.2% to $13.5 million

RadNet, a national leader in providing high-quality, cost-effective, fixed-site outpatient diagnostic imaging services through a network of 201 owned and/or operated outpatient imaging centers, today reported financial results for its fourth quarter and full year ended December 31, 2010.

8 Mar 2011

George Brown College works with MEMOTEXT for developing new patient adherence program

George Brown College is collaborating with MEMOTEXT, a patient adherence and medication compliance company, to develop an inference-based telephone/short message service (SMS) based communications program for an overseas health stakeholder-based research project.

8 Mar 2011

Fresenius Medical Care announces acquisition of Hema Metrics assets related to Crit-Line system

Fresenius Medical Care AG & Co. KGaA, the world's largest provider of dialysis products and services, today announced the acquisition of all assets of Hema Metrics LLC related to its Crit-Line system.

8 Mar 2011

Sectra’s third quarter net sales increase 13.9% to SEK 229.1 million

IT and medical technology company Sectra continues to expand and the number of mammography systems delivered rose 50% during the third quarter compared with the corresponding quarter in 2009/2010. However, the performance of the Swedish krona had a negative impact on the Group's earnings.

8 Mar 2011

Humana joins with iCan to offer new individual healthcare plans

Humana Inc. (NYSE: HUM) has teamed with the iCan Benefit Group to offer a new line of discounted products for individual consumers. Effective immediately, people can access a variety of discounted packages that include dental, vision and pharmacy products.

8 Mar 2011

Aerie Pharmaceuticals closes $30 million Series B financing

Aerie Pharmaceuticals, Inc, a biotechnology company focused on the discovery and development of medical innovations in ophthalmology, today announced the closing of a $30 million Series B financing.

7 Mar 2011

Dehaier Medical fourth quarter revenues increase 126% to $6.7 million

Dehaier Medical Systems Ltd., an emerging leader in the development, assembly, marketing and sale of medical devices and homecare medical products in China, today announced its financial results for the fourth quarter and 12 months ended December 31, 2010.

7 Mar 2011

RadNet executes definitive agreement to acquire imaging centers in Maryland

RadNet, Inc., a national leader in providing high-quality, cost-effective, fixed-site outpatient diagnostic imaging services through a network of 201 fully-owned and operated outpatient imaging centers, today reported it has executed a definitive agreement to acquire five multi-modality imaging centers in Maryland from Diagnostic Health Corporation for an undisclosed combination of cash and the assumption of certain liabilities.

7 Mar 2011

Mangrove Partners comments that its analysis inaccurately portrayed in CPEX's letter to stockholders

Mangrove Partners, owners of 149,373 shares representing approximately 5.71% of the outstanding shares of CPEX Pharmaceuticals, Inc, believes its analysis and intentions were inaccurately portrayed in CPEX's March 2, 2011 letter to stockholders, which appears to use scare tactics in order to pressure stockholders into accepting an inadequate price for their shares.

5 Mar 2011

Angiotech extends offer to exchange new senior floating rate notes for Existing Floating Rate Notes

Angiotech Pharmaceuticals, Inc. today announced that it has extended its offer to exchange new senior floating rate notes due 2013 for all of its outstanding Senior Floating Rate Notes due 2013 to 11:59 p.m. New York City time on March 30, 2011.

5 Mar 2011