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Archives for January 2008

Laser Battles Reach Fever Pitch

A quick glance at the Diomed’s recent press releases might lead you to believe the company is a law firm, rather than a provider of minimally invasive varicose vein treatments. Diomed vs. Total Vein Solutions The Andover-based […]

18 January 2008 | Blog, news1 | 4 Comments

FDA Puts Brakes on Expanded Indication for PreMD’s Skin Sterol Diagnostic

Company to decrease spending to ensure its ability to execute. Tortono, Ontario-based PreMD received a non-substantially equivalent letter from the FDA regarding its 510(k) submission for an expanded regulatory claim on its skin cholesterol test. The company’s […]

17 January 2008 | Blog, news2 | 1 Comment

New Study Highlights Promising Gene-Based Predictor of Prostate Cancer Risk

Test to be commercialized by Proactive Genomics, LLC In the past few years, novel research tools have emerged which scientist to systematically and objectively evaluate genetic variants in the genome. These new techniques have improved researchers’ […]

16 January 2008 | Blog, news1 | 8 Comments

Private Equity Firm Warburg Pincus to Acquire Lifecore Biomedical

Even as access to cheap debt has dried up and the rate of deals flow has dwindled, Warburg Pincus seems to show no sign of slowing down. Since 1989, Warburg has invested more than $1 billion […]

16 January 2008 | Blog, news2 | No Comments

First Annual Meeting a Success

Over 200 attended the first annual meeting of OneMedPlace, its 2008 Finance Forum in San Franscisco January 7th and 8th. Audio presentations by many of the companies can be seen at www.onemedplace.com/meeting/companies.php. Located less than a […]

15 January 2008 | Blog, news1 | No Comments

Novo Nordisk Loses Faith in AERx, Takes a $260 Million Hit

Denmark-based Novo Nordisk discontinued its experimental AERx insulin inhaler triggering a hefty one-time charge of $260 million. Novo, the world’s biggest insulin producer, said that while the AERx inhaler was safe, the system offered little upside […]

15 January 2008 | Blog, Member Spotlight, news2 | No Comments

CryoLife: Weak in the Knees

Company Pinpoints “Untrue Public Statements” in $110 million Lawsuit CryoLife’s legal problems began when tissue from CryoLife-processed donor tissue led to the November 2001 death of a patient who had received a CryoLife implant during reconstructive […]

15 January 2008 | Blog, Member Spotlight, news1 | 1 Comment

MelaFinding Its Way

Irvington-NY based Electro-Optical Sciences (EOS), developer of The MelaFind System, a handheld imaging device that detects melanomas at an early stage, announced last week that its pivotal trial is over two-thirds complete. Six study sites […]

14 January 2008 | Blog, news1 | 1 Comment

Upcoming Week: OneMedPlace Finance Forum

OneMedPlace Emerging Healthcare Technologies Finance Forum. Approximately 38 companies, both public and private, will present at the conference, many will be showing breakthrough technologies. Examples include the use of electricity to treat and reverse blindness, a contrast […]

4 January 2008 | Blog, San Francisco | 2 Comments

Blackstone Gets Caught with Pants Down

Springfield, MA-based Blackstone Medical, a spinal surgery device manufacturer and subsidiary of Orthofix International, is under federal investigation for allegedly paying doctors to use its equipment. Yesterday, the prosecutor’s case got a big boost when an […]

4 January 2008 | Blog, news2 | No Comments

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