Health care industry
Universal Detection Technology (UDTT) announced that it has received a purchase order from Quantum Automation (QA), its exclusive distributor in Singapore, Malaysia, and Thailand, for one unit of its BSM-2000, an Anthrax Smoke Detector. This purchase order satisfies QA's purchase obligation under their distribution agreement announced on March
Health care industry
Health Care Property Investors, Inc. (NYSE:HCP) has announced the addition of F. Scott Kellman as Senior Vice President - Business Development, effective June 1, 2005. Kellman joins the company from Tenet Healthcare Corporation (NYSE:THC), where he served as Treasurer and Senior Vice President, Corporate Finance and Real Estate.
Health care industry
Tenet Healthcare Corporation, a leading acute care hospital operator, has disclosed receiving a Wells Notice from the Securities and Exchange Commission (SEC) regarding the adequacy of its financial reports on Medicare outlier reimbursements and stop-loss payments. This development follows a previous disclosure in April 2003 of an SEC inquiry into
Health care industry
The demand for vaccines is increasing globally, driven by factors such as emerging pandemics and the growing need for cancer treatments. However, the vaccine development process is complex, costly, and time-consuming, with typical development cycles lasting 8 to 12 years and costing between $300 and $800 million USD. To address
Health care industry
Chugai Pharmaceutical Co., Ltd. has announced the establishment of Forerunner Pharma Research Co., Ltd. (FPR), a joint research venture with Mitsui & Co., Ltd. and Central Institute for Experimental Animals. The new company aims to integrate cutting-edge knowledge and information from universities and research institutes to accelerate the discovery of
Health care industry
Turbo Squid, a leading provider of digital products and content for 3D and 2D designers, has announced the availability of the Male 3D Human Anatomy 2.0 collection from Zygote Media Group. This extensive collection of 3D human anatomy models is designed for medical animation and illustration professionals and is
Health care industry
Patients treated with TYSABRI, a monoclonal antibody, experienced a significant reduction in disability progression and clinical relapses in a two-year study. The AFFIRM Phase III trial, presented at the American Academy of Neurology meeting, showed that TYSABRI reduced the risk of disability progression by 42% and clinical relapses by 67%
Health care industry
OSF Healthcare System, a leading healthcare provider in Illinois and Michigan, has successfully implemented a business continuance/disaster recovery solution with the help of McDATA Corporation. The new solution, which utilizes McDATA's Intrepid(R) 6140 Directors and McDATA Eclipse(TM) SAN Routers, has enabled OSF Healthcare to protect
Health care industry
PRA International, a leading global clinical research organization, has received ISO 9001:2000 registration for its integrated management system, following a comprehensive audit by Bureau Veritas Quality International (BVQi). This achievement confirms the company's commitment to quality and acknowledges its customer-first focus. The registration includes all business and
Health care industry
Premier, a healthcare industry leader based in Charlotte, North Carolina, has entered into a contract with RevFinders, a consultant specializing in helping hospitals maximize their revenue. The partnership aims to identify patients eligible for Medicaid reimbursement whom claims were not submitted, enabling Premier members to increase their payments under the
Health care industry
A study by the Duke Clinical Research Institute found that failure to follow widely accepted heart attack guidelines almost doubled the mortality rate in hospitals, with 40% fewer deaths occurring when hospitals improved their compliance rates. To address this issue, a national system is emerging to grade how hospitals meet
Health care industry
Molina Healthcare, Inc. has announced its financial results for the fourth quarter and year ended December 31, 2004, showcasing a year of accomplishment, growth, and quality care. The company's president and CEO, J. Mario Molina, MD, highlighted the significant milestones achieved in 2004, including a 31% increase in
