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Utah to run state high-risk pool while still opposing health law

Utah Republican Gov. Gary R. Herbert has announced that the state "will join 29 other states and the District of Columbia" to run their own high-risk health insurance pools, while "[o]ther states let the federal government handle the program, concerned they would have to pay for it if they exhausted their federal funding," The Wall Street Journal reports.

25 Jun 2010

Antiviral therapy prevents recurrence of HCC, extends patients' lives, researchers report

Previous studies have shown that antiviral treatment reduces the incidence of hepatocellular carcinoma in patients with chronic hepatitis B. But now, researchers from the Division of Gastroenterology and Hepatology at Thomas Jefferson University are reporting that the antiviral therapy also prevents recurrence of HCC and extends patients' lives.

25 Jun 2010

Psychotropic medications associated with adverse drug reactions in Danish children: Researchers

Between 1998 and 2007, psychotropic medications were associated with 429 adverse drug reactions in Danish children under the age of 17. Researchers from the University of Copenhagen's Faculty of Pharmaceutical Studies have published an article in the open access journal BMC Research Notes concluding that more than half of the 429 cases were serious and several involved birth defects, such as birth deformities and severe withdrawal syndromes.

25 Jun 2010

Inside Business Magazine honors PartsSource with 2010 Manny Award for best Workplace Environment

PartsSource, the world's #1 ebusiness solution provider for replacement medical repair parts for hospital equipment, has been honored with the 2010 Manny Award for best Workplace Environment by Inside Business Magazine. Now in its 13th year, the Manny Award program is committed to recognizing manufacturing industry's greatest accomplishments by honoring local companies for their innovations and best practices. This was the fourth time PartsSource has been recognized at the Manny's having won previously in 2005, 2007, and 2009.

25 Jun 2010

Sixth annual Mayors Campaign Against HIV launched to encourage people test for HIV

OraSure Technologies, Inc. and the National Association of People with AIDS announced today the launch of the sixth annual Mayors Campaign Against HIV, a national campaign to encourage testing for HIV and promote the benefits of knowing one's HIV status. The Campaign is part of the annual observance of National HIV Testing Day on Sunday, June 27, 2010.

25 Jun 2010

House passes 6-month Medicare 'doc fix,' Obama to sign bill

Last night, the House approved, 417-1, a Senate bill staving off a 21 percent cut in Medicare payments to doctors. Some lawmakers grumbled the bill doesn't go far enough.

25 Jun 2010

Linden completes fundraising for LCP II

Linden LLC, a Chicago-based healthcare focused private equity firm, today announced that it has successfully completed fundraising for Linden Capital Partners II, which closed with $375 million of committed capital and exceeded its target of $300 million and initial cap of $350 million.

25 Jun 2010

Calif. hospitals bank on tech investments

"The Recovery Act allocated $19 billion to hospitals and physicians for the implementation of Electronic Health Records. Hospitals can receive up to several million dollars, depending on their size, and individual physicians up to $44,000, for using certified EHR technology. At Stanford Hospital and Clinics, Chief Medical Information Officer Dr. Pravene Nath said the hospital will begin assessing the number of physicians that could qualify for the reimbursements."

25 Jun 2010

Gilead Sciences signs definitive agreement to acquire CGI Pharmaceuticals

Gilead Sciences, Inc. and CGI Pharmaceuticals, Inc., a privately-held, development-stage pharmaceutical company focused on small molecule chemistry and kinase biology, today announced the signing of a definitive agreement pursuant to which Gilead will acquire CGI. Under the terms of the agreement, Gilead will acquire CGI for up to $120 million, the majority as an upfront payment and the remaining based on clinical development progress, all of which will be financed through available cash on hand.

25 Jun 2010

Athersys, CSCRM and CWRU receive $1M to advance MultiStem therapy for SCI

Athersys, Inc. and its collaborators, including the Center for Stem Cell and Regenerative Medicine and Case Western Reserve University, announced today that they have been awarded $1 million through the Ohio Third Frontier Biomedical Program to support research into the treatment of spinal cord injury with MultiStem, Athersys' proprietary stem cell product candidate.

25 Jun 2010

Friday opinions: Mandate to buy insurance; Medicare and 'political game'

If Americans want a private health insurance system that does not base the price of individually sold policies on that individual's health status and that does not allow an insurer to refuse to sell a policy because of an individual's health issues, then they should accept a mandate that all Americans purchase at least a minimum package of health insurance (Uwe Reinhardt, 6/25).

25 Jun 2010

Neuralstem signs definitive agreements to sell $10M of units in registered-direct offering

Neuralstem, Inc. announced today that it has entered into definitive agreements to sell $10 million of units at $2.80 per unit in a registered-direct offering to institutional investors. The units consist of: (i) one share of common stock, and (ii) 3/4 common stock purchase warrant. The warrants have an exercise price of $3.25 and a term of three years.

25 Jun 2010

Patient Safety Technologies announces closing of $6.0M private placement financing

Patient Safety Technologies, Inc. announced today the closing of a $6.0 million private placement financing. The new capital will primarily be used to fund working capital and the continued growth of the Company.

25 Jun 2010

Prescription Solutions introduces Clinical Vantage to improve health and well-being of members

Prescription Solutions, a leading pharmacy benefit management organization and a UnitedHealth Group company, has launched Clinical Vantage, a suite of clinical programs that enables clients to create specialized solutions to meet their particular needs to improve the health and well-being of members.

25 Jun 2010

Research roundup: Docs' views of industry gifts; Chemotherapy payments; Health law and states

How Medicare's Payment Cuts For Cancer Chemotherapy Drugs Changed Patterns Of Treatment -- This study examines the impact that Medicare payment cuts for chemotherapy drugs had on treatment for Medicare beneficiaries with newly diagnosed lung cancer, before and after implementation of the June 2005 new payment system, focusing on five chemotherapy drugs "in common use singly or jointly for lung cancer..."

25 Jun 2010

Japan's MHLW grants full marketing authorization to REVLIMID

Celgene International Sàrl announced that REVLIMID (lenalidomide) has been granted full marketing authorization by Japan's Ministry of Health, Labour and Welfare for use in combination with dexamethasone as a treatment for patients with relapsed or refractory multiple myeloma who have received at least one prior standard therapy. This marketing authorization represents the first regulatory approval of REVLIMID in Japan.

25 Jun 2010

St. Jude Medical's Therapy Cool Path Ablation Catheter receives Japanese MHLW approval

St. Jude Medical, Inc., a global medical device company, today announced Japanese Ministry of Health, Labour and Welfare approval and reimbursement approval of its Therapy Cool Path Ablation Catheter. This marks the company's first entry into the irrigated catheter ablation market in Japan.

25 Jun 2010

Synutra International announces pricing of public offering of 3.3M common shares

Synutra International, Inc., a leading infant formula company in China and a producer, marketer and seller of nutritional products for infants, children and adults, today announced the pricing of a public offering of 3.3 million common shares at $19.00 per share.

25 Jun 2010

Medco Health Solutions, BIG direkt gesund execute agreement for advanced pharmacy-driven solutions

Medco Health Solutions and BIG direkt gesund today announced that they have executed an agreement for an innovative portfolio of advanced pharmacy-driven solutions, which upon expressed patient consent, is designed to leverage innovative technologies for improving patient outcomes, adherence, and lowering overall healthcare costs. BIG direkt gesund, a German sick fund that provides health insurance coverage for about 400,000 beneficiaries nationwide, has become the inaugural client for Medco's Advanced Clinical Solutions service offering.

25 Jun 2010

Research provides hope and encouragement to people living with lupus

Research presented during the 9th International Lupus Congress held in Vancouver, Canada from June 24-27, 2010 should give hope and encouragement for the future of the treatment and management of lupus to the 1.5 million Americans and 5 million people worldwide living with lupus. In recent years, there have been significant advances made in many areas of lupus research including the development of new treatments, adult stem cell transplantation, genetics, lupus-related cardiovascular disease, and quality of life issues for people with lupus.

25 Jun 2010

Medical News

Utah to run state high-risk pool while still opposing health law

Antiviral therapy prevents recurrence of HCC, extends patients' lives, researchers report

Psychotropic medications associated with adverse drug reactions in Danish children: Researchers

Inside Business Magazine honors PartsSource with 2010 Manny Award for best Workplace Environment

Sixth annual Mayors Campaign Against HIV launched to encourage people test for HIV

House passes 6-month Medicare 'doc fix,' Obama to sign bill

Linden completes fundraising for LCP II

Calif. hospitals bank on tech investments

Gilead Sciences signs definitive agreement to acquire CGI Pharmaceuticals

Athersys, CSCRM and CWRU receive $1M to advance MultiStem therapy for SCI

Friday opinions: Mandate to buy insurance; Medicare and 'political game'

Neuralstem signs definitive agreements to sell $10M of units in registered-direct offering

Patient Safety Technologies announces closing of $6.0M private placement financing

Prescription Solutions introduces Clinical Vantage to improve health and well-being of members

Research roundup: Docs' views of industry gifts; Chemotherapy payments; Health law and states

Japan's MHLW grants full marketing authorization to REVLIMID

St. Jude Medical's Therapy Cool Path Ablation Catheter receives Japanese MHLW approval

Synutra International announces pricing of public offering of 3.3M common shares

Medco Health Solutions, BIG direkt gesund execute agreement for advanced pharmacy-driven solutions

Research provides hope and encouragement to people living with lupus

Leveraging the power of automation to boost research

Automating research - solutions and best practices

How can microdialysis benefit drug development

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