A team of researchers from the Massachusetts Institute of Technology and Brigham & Women’s Hospital have developed a drug-delivery capsule that can deliver a week’s worth of HIV drugs in a single dose. The technology is designed to make it easier for people with HIV to deal with the strict schedule of medications they need to take to […]
AngioDynamics wins Round 5 against Biolitec
The First Circuit U.S. Court of Appeals has denied Biolitec‘s fifth appeal of a $70 million contempt order, saying that the company essentially copied-and-pasted arguments from a previous appeal. The ruling is part of a long-running spat with AngioDynamics (NSDQ:ANGO). In 2014, Judge Michael Ponsor of the U.S. District Court for Massachusetts slapped Biolitec with a […]
Philips joins $9m round for remote-care co LindaCare
Digital health company LindaCare has landed an $8.7 million Series B round, with investments made by Philips (NYSE:PHG), PMV, Capricorn ICT Arkiv, Connecticut Innovations and others. The Belgium-based company said it plans to use the newly-acquired funds to accelerate its U.S. market expansion and product commercialization, as well as build out its existing patient monitoring software platform […]
FDA, FTC warn companies over deceptive opioid cessation products
The FDA and the Federal Trade Commission have posted joint warning letters to companies that make and distribute opioid cessation products. The two watchdogs warned that the companies are illegally marketing their unapproved products as treatments or even cures for people with opioid addiction and withdrawal. Selling unapproved products as therapies for opioid addiction is […]
Global sales for Abbott’s diabetes biz jumps 33% in Q4
Worldwide sales for Abbott‘s (NYSE:ABT) diabetes business jumped 33% in the fourth quarter of 2017, the company reported, driven largely by its FreeStyle Libre continuous glucose monitoring system. The device is the only CGM system on the market that is calibrated at the factory and eliminates the need for people with diabetes to perform routine fingersticks. Get the […]
Pharma revenue drives Johnson & Johnson’s Q4 beat
Shares in Johnson & Johnson (NYSE:JNJ) fell yesterday after the healthcare giant topped Wall Street’s expectations for fourth-quarter results but missed analysts’ forecast for the full-year. Despite taking a $13.6 billion hit to its unremitted foreign earnings thanks to new efforts to reform the U.S. tax system, the company said it is pleased with the legislation and that it […]
CDC group tackles access to birth control for women in Puerto Rico
Between May 2016 and August last year, a group organized by the CDC provided services to more than 21,000 women in Puerto Rico in an attempt to boost access to contraception, lower the rate of unintended pregnancy and lessen the number of Zika-related birth defects on the island. You can read more about women’s health […]
Aerie Pharmaceuticals prices $75m public offering
Aerie Pharmaceuticals (NSDQ:AERI) has priced an underwritten public offering of $75 million in shares of its common stock. The Irvine, Calif.-based company also plans to grant underwriters a 30-day option to buy up to $11.3 million in shares of common stock. Get the full story at our sister site, Drug Delivery Business News.
PharmaJet touts needle-free tech for polio vaccine administration
PharmaJet touted results today from a study evaluating its needle-free injection technology as a way to administer the poliovirus vaccine. The company reported that its Tropis device was a more efficient way to give the vaccine compared to a needle and syringe – the average preparation and administration time was up to 70% faster for those […]
ScandiDos launches Delta4 radiation dose monitor in US
ScandiDos said today that it received the first order for its Delta4 Discover radiation dose verification system in the U.S. The instrument enables clinics to monitor radiation dosing while patients are receiving treatments, boosting the therapy’s quality and the patient’s safety. “We serve our community and safety is not just a promise, it is a priority. […]
Bracco Imaging explores using microbubbles to deliver personalized gene therapy
Bracco Imaging has launched a new effort at its Switzerland-based R&D center to evaluate gas-filled microbubbles, usually used for diagnostic imaging, as a delivery vehicle for personalized gene therapies to treat chronic dysfunctional diseases linked to lipid metabolism. The research project is part of a deal that Bracco signed with startup SonoGene, which is developing platforms […]