Health care industry
Kimberly-Clark, a U.S.-based household and personal care products maker, plans to establish an advanced research and development (R&D) center in South Korea. The new facility, set to be built at the Yuhan-Kimberly Ltd. plant in Giheung, will share the research workload previously conducted exclusively in the
Health care industry
Ventana Medical Systems Inc has not definitively stated that it will not make a higher offer for Australian medical technology firm Vision Systems Ltd (ASX:VSL), despite a recent agreement with United States rival Cytyc Corp. Ventana's decision not to better Cytyc's $A497 million offer was
Health care industry
Results from the VentrAssist left ventricular assist device (LVAD) CE Mark Bridge-to-Transplant Trial have been presented at the European Association of Cardiothoracic Surgeons (EACTS) in Sweden. The trial, which involved patients aged 10 to 75 years, achieved an impressive 83% success rate in meeting the primary clinical end-point of cardiac
Health care industry
A team of South Korean technicians has created a portable pathogen detector called the TMC-2000, which can quickly and efficiently identify harmful bacteria in food samples. The compact machine, developed by Samsung Advanced Institute of Technology, utilizes silicon-chip technology and the polymerase chain reaction (PCR) process to conduct DNA testing.
Health care industry
Tarceva, a breakthrough cancer medicine, has shown a significant survival benefit for patients with pancreatic cancer, prompting Roche to request a re-examination of the data supporting its filing for European approval. Pancreatic cancer is a highly aggressive form of cancer, killing more people within the first year of diagnosis than
Health care industry
Liberal and National MPs are pushing for the sale proceeds of Medibank Private to be used for building roads, while Prime Minister John Howard insists the money will fund medical research. The proposed sale to US private investment firm Kohlberg Kravis Roberts (KKR) has sparked concerns over foreign ownership and
Health care industry
The Taiwanese government has announced plans to ban the live poultry trade and slaughter in traditional markets around the country, starting from April 2008, in a bid to prevent avian flu outbreaks. The ban will give those involved in the live poultry trade and slaughter a six-month grace period to
Health care industry
The Australian Beverages Council has unveiled new guidelines, signed off by almost all major soft drink manufacturers, to reduce sugar-sweetened drink sales to primary schools and limit direct marketing to children. The measures include a ban on selling such drinks in primary school canteens and a prohibition on advertising them
Health care industry
StockGuru.com, a leading provider of stock market alerts, highlighted several companies with significant price and volume movements on Tuesday, August 15, 2006. Veramark Technologies, Inc. (OTCBB: VERA) announced a new 3-year managed services contract with a large beverage and bottling company, while Unity Wireless Corporation (OTCBB: UTYW) received a
Health care industry
Wall Street News Alert continues to monitor the stocks of various companies, including Youth Enhancement Systems, Inc. (YEHS), Parlux Fragrances, Inc. (PARL), HQ Sustainable Maritime Industries, Inc. (HQSM), HealthSouth Corporation (HLSH), and Weight Watchers International, Inc. (WTW). On August 15, 2006, the companies' stocks experienced significant price increases, with
Health care industry
AmerisourceBergen Corp. and Kindred Healthcare Inc. have announced plans to spin off their institutional-pharmacy businesses into a new publicly traded company, serving nursing homes, hospitals, and other healthcare facilities. The deal aims to create the second-largest company in the institutional-pharmacy market, with a combined revenue of approximately $1.9 billion
Health care industry
PharMerica Long-Term Care, a Tampa-based institutional pharmacy, will merge with Kindred Healthcare's pharmacy business to create a new independent company. The merger is expected to result in annual revenue of $1.9 billion and a customer base of about 330,000 licensed beds. The new company will have
