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Corgenix second quarter revenues decrease 8.9%

Corgenix Medical Corporation, a worldwide developer and marketer of diagnostic test kits, today filed its second quarter Form 10-Q and reported its financial results. The report disclosed that the company's revenues slightly declined during the quarter but were more than offset by decreases in operating expenses and interest expense, resulting in a smaller net loss for the period.

14 Feb 2011

Chimerix announces completion of $45 million Series F financing

Chimerix, Inc., a pharmaceutical company developing orally-available broad spectrum antiviral therapeutics, today announced the completion of a $45 million Series F financing. New Leaf Venture Partners led the round, with participation by new investors Pappas Ventures and Morningside Group, as well as existing investors Canaan Partners, Sanderling Ventures, Alta Partners, Asset Management Company and Frazier Healthcare Ventures.

14 Feb 2011

Cord Blood America purchases minority interest in Stem Cells VIDAPLUS

Cord Blood America, Inc., the umbilical cord blood stem cell preservation company focused on bringing the life saving potential of stem cells to families nationwide and internationally, announced today that it has purchased a minority interest in Stem Cells VIDAPLUS, a Spanish-owned company which preserves umbilical cord stem cells at the Institute of Transfusion Medicine and Immunology of the Red Cross in Frankfurt, Germany.

14 Feb 2011

Tianyin Pharmaceutical's second quarter revenue increases 69.6% to $25.3 million

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

14 Feb 2011

BioTime to merge Glycosan with OrthoCyte

BioTime, Inc., a biotechnology company that develops and markets products in the field of stem cells and regenerative medicine, today announced it has signed a definitive agreement to merge Utah-based Glycosan BioSystems, Inc. (Glycosan) with BioTime's wholly-owned subsidiary, OrthoCyte Corporation. The acquisition is expected to close by March 18, 2011.

14 Feb 2011

IMRIS fourth quarter sales increase 26% to $25.2 million

IMRIS Inc. today reported its results for the fourth quarter 2010 highlighted by record financial performance that included strong revenue growth and the Company's second consecutive quarter of positive EBITDA1 and earnings. All figures are reported in Canadian dollars.

14 Feb 2011

Nolato Medical adds liquid silicone injection molding to US facility

Nolato Medical is excited to announce the addition of liquid silicone injection molding to its US facility in Baldwin WI, Nolato Contour. Nolato Contour is currently adding its third clean room, a Class 7 clean room that will accommodate the new liquid silicone injection molding machines. Completion for the building and equipment expansion is scheduled for the spring of 2011.

14 Feb 2011

Med DataCare Pro and home-based billers join to create healthcare professional network

Med DataCare Pro, a healthcare service provider based in Dallas since 1999, now joins hands with home-based billers to create a network of healthcare professionals at a national level for the mutual benefit of home-based billers, physicians and Med DataCare Pro.

14 Feb 2011

Huntington Insurance adds HealthWarehouse.com to prescription drug benefit program

HealthWarehouse.com, Inc., a leading retail mail-order pharmacy, and Huntington Insurance, a wholly-owned subsidiary of Huntington Bancshares Incorporated and leader in employee benefits products, announced today a partnership that will give customers across the Midwest access to low-cost generic prescription medication.

14 Feb 2011

Bohai second quarter net revenues increase 32% to $22.2 million

Bohai Pharmaceuticals Group, Inc., a China-based pharmaceutical company engaged in the production, manufacturing and distribution of Traditional Chinese Medicine (TCM) in China, today reported record financial results for its second quarter of fiscal 2011 ended December 31, 2010.

14 Feb 2011

CD&R affiliate to acquire EMSC

Emergency Medical Services Corporation and Clayton, Dubilier & Rice, LLC (CD&R) announced today a definitive merger agreement under which an affiliate of CD&R formed to complete the merger will acquire EMSC. Under the terms of the agreement EMSC stockholders would receive, at the closing of the transaction, $64.00 in cash for each share of EMSC Class A common stock and Class B common stock and each LP Exchangeable Unit.

14 Feb 2011

Numira acquires Ricerca' Efficacy Pharmacology operating unit

Numira Biosciences, a specialty contract research organization and leader in high resolution, 3D imaging services and visualization software for the life science market, announced today that it has acquired the Efficacy Pharmacology operating unit of Ricerca Biosciences, LLC., located in Bothell, WA.

14 Feb 2011

ArthroCare fourth quarter total revenue increases to $92.6 million

ArthroCare Corp., a leader in developing state-of-the-art, minimally invasive surgical products, announced its financial results for the fourth quarter and year ended December 31, 2010.

14 Feb 2011

Elite third quarter consolidated revenues increase 34% to $1.2 million

Elite Pharmaceuticals, Inc., a specialty pharmaceutical company dedicated to developing and commercializing oral controlled release product formulations, announced results for the fiscal third quarter ended December 31, 2011.

14 Feb 2011

SynthRx to become wholly-owned subsidiary of ADVENTRX

ADVENTRX Pharmaceuticals, Inc. today announced that it has entered into a definitive agreement to acquire SynthRx, Inc., a private biotechnology company developing a purified form of a rheologic and antithrombotic agent, poloxamer 188.

14 Feb 2011

Meda's 2010 group sales decrease to SEK 11,571 million

“The Meda Group expects to achieve sales of about SEK 11,400 million and an EBITDA of about SEK 4,400 million.”

14 Feb 2011

Vitalitec announces acquisition of Novare's ENCLOSE II Anastomosis Assist Device

Vitalitec International, Plymouth, Massachusetts, is pleased to announce the acquisition of the ENCLOSE II Anastomosis Assist Device from Novare Surgical Systems. The ENCLOSE II Anastomosis Assist Device was developed by Thomas Fogarty, MD, and is designed to assist surgeons in performing "off pump" Coronary Artery Bypass Procedures.

14 Feb 2011

Sonoma acquires NovaLign Orthopaedics

Sonoma Orthopedic Products announced that it has completed the acquisition of certain key assets of NovaLign Orthopaedics, Inc.

14 Feb 2011

Optimer prices underwritten public offering of common stock

Optimer Pharmaceuticals, Inc. today announced the pricing of a previously announced underwritten public offering of 6,000,000 shares of its common stock, offered at a price to the public of $11.25 per share. The gross proceeds to Optimer from this offering are expected to be $67.5 million, before deducting the underwriting discounts and commissions and other estimated offering expenses payable by Optimer.

11 Feb 2011

Cyanotech third quarter revenues decrease to $3,919,000

Cyanotech Corporation, a world leader in microalgae-based, high-value nutrition and health products, today announced financial results for the third quarter and first nine months of fiscal 2011, ended December 31, 2010.

11 Feb 2011