Medical equipment industry
Fuqua Enterprises, Inc. has announced plans to expand into the medical products market with the acquisition of Basic American Medical Products, Inc. and its latest purchase, the SSC Medical Products Division of Super Sagless, Inc. This move marks a significant step in Fuqua's strategy to diversify its business
Medical equipment industry
I-FLOW Corporation has received clearance from the U.S. Food and Drug Administration (FDA) to market a new mechanical syringe pump, which leverages the company's proprietary spring technology to deliver precise infusions of medications from standard syringes. The product is expected to be marketed in the 20-cc version
Medical equipment industry
Erich W. Augustin, a seasoned finance executive, has joined OCG Technology, Inc.'s Board of Directors and has been appointed as the company's Treasurer and Chief Financial Officer. Before joining OCGT, Mr. Augustin held various senior roles at the Chase Manhattan Bank of Connecticut, N.A., and
Medical equipment industry
A recent study conducted by Dr. K. Lance Gould at the University of Texas Medical School in Houston has demonstrated the effectiveness of PET scanning techniques in detecting and managing heart disease. The study, published in the September issue of The Journal of the American Medical Association, used Positron Corporation&
Medical equipment industry
Researchers at the University of Alberta Hospitals led by Laboratory Scientist Michael Stewart have developed a blood test kit that uses luminography to detect platelet activation by heparin-antibody complexes, enabling early detection of heparin-induced thrombocytopenia (HIT). The technology has been acquired by Biopool International, Inc. and is set to revolutionize
Medical equipment industry
Meridian Diagnostics, Inc., a leading developer of immunodiagnostic test kits and diagnostic products, has announced its plan to redeem the outstanding balance of its 7-1/4% Convertible Subordinated Debentures due 2001. The company issued the debentures in September 1993 with a principal amount of $11.5 million, of which approximately
Medical equipment industry
Hyseq Diagnostics Inc., a subsidiary of Hyseq, Inc., and SmithKline Beecham Clinical Laboratories (SBCL) have signed an agreement to license Hyseq's diagnostic DNA sequencing technology for use in developing and performing tests for certain genetic diseases. This marks the first time Hyseq's technology will be used
Medical equipment industry
Recent studies have solidified the importance of Osteomark, a noninvasive urine test that measures bone resorption, in monitoring patients with osteoporosis. Developed by Ostex International, Osteomark has been shown to be a specific and dynamic marker of bone loss, which can be used to identify individuals at risk of developing
Medical equipment industry
Gull Laboratories, a leading provider of diagnostic test kits, has received FDA clearance to market a new test for assessing past infection with Epstein-Barr virus (EBV). The EBV IgG ELISA test measures antibody levels to the gp125 protein of EBV in patient serum, a valuable marker in the diagnosis of
Medical equipment industry
Applied Imaging Corporation, a leading developer of automated clinical analysis systems, has been awarded a US Patent central to its fetal cell analysis technology. The patent, titled "Method for Separating Rare Cells from a Population of Cells", was awarded to Alexander Saunders, Michael Zarowitz, and Patricia Baldwin, scientists
Medical equipment industry
ID Biomedical Corporation has announced the appointment of Dr. Robert N. Bryan as Vice President, Development, a move that is expected to bring significant expertise in DNA-based testing to the company. Dr. Bryan has a proven track record of developing and introducing FDA-approved DNA-based tests, and his experience will be
Medical equipment industry
Nellcor Puritan Bennett Incorporated has announced plans for facilities and workforce consolidation following the completion of its merger with Puritan-Bennett Corporation. The consolidation will result in the elimination of approximately 300 positions, totaling 4,100 employees across various corporate, sales, and manufacturing sites. The company aims to combine facilities in
