Category: Business/Financial News
The University of North Carolina Charlotte is making great strides in discovering the mechanical properties of their bio-absorbable material. In addition, news coming from the University of Bremen states that their new material will revolutionize the bone screw market. What's so special?
Tosho Inc. acquires a minority stake of Health Robotics' stock, allowing the company to repel hostile takeover attempts by American-based third parties.
Italian robotics maker Health Robotics was in danger of a hostile takeover until Tosho Inc. acquired an undisclosed minority stake of stock from the company's original founders, allowing Health Robotics to repel takeover attempts and retain its independence.
Along with continuing exclusive Japanese distribution of Health Robotics' products, Japan-based Tosho Inc. will be involved in the company's global strategic plans and sales management.
Tosho Inc.'s vice president & CEO Yoshihito Omura will join Health Robotics' board of directors.
Placement orders are up for Cambridge Heart's Microvolt T-Wave Alternans OEM module following a marketing promotion with Cardiac Science.
Cambridge Heart Inc. (OTC:CAMH) saw a sudden uptick in placement orders for its Microvolt T-Wave Alternans (MTWA) OEM module after launching a marketing promotion with Cardiac Science.
Since the beginning of the OEM module promotion in late July to the end of the quarter in September, the Tewksbury, Mass.-based company shipped 45 OEM modules for Cardiac Science's Q-Stress system, compared to only 13 for the nine months prior to the promotion.
Advanced Cell Technology appoints Mass. Institute of Technology's Bob Langer to its board of directors.
Advanced Cell Technology (OTC:ACTC) appointed MIT professor and bioengineering legend Bob Langer to its board of directors, tapping him to lead its science advisory committee.
Langer has authored more than 1,100 journal articles, has more than 800 issued and pending patents and won the 2011 Warren Alpert Foundation Prize for bioengineering pioneers thanks to his work in drug delivery and tissue engineering.
Philips Healthcare wins a $9.6 million contract from the U.S. Defense Dept. for its HeartStart MRx monitor and defibrillator.
Philips Healthcare (NYSE:PHG) landed a $9.6 million time-and-materials contract from Uncle Sam for its HeartStart MRx monitor and defibrillator.
The portable device received airworthiness certification by the U.S. Army before the contract was awarded.
Contacts: Christine Gillette, 978-934-2209, Christine_Gillette@uml.edu
Jill Gambon, 978-934-3297, Jill_Gambon@uml.edu
New $4 Million Medical Device Incubator Unveiled at UMass Lowell
Renovated Lab and Office Space Attracts Cutting-Edge Startups
Thursday, Sept. 22, 2011
10 a.m. to noon
WHAT: The Massachusetts Medical Device Development Center (M2D2) business incubator at the University of Massachusetts Lowell will officially open its doors after a $4 million renovation that has transformed 16,000 square feet of a former mill building into a high-tech facility that includes wet laboratories, office and meeting space for emerging companies.
CELLNOVO FORMS WORLDWIDE TECHNOLOGY ALLIANCE WITH LIFESCAN
2011-09-13
CellnovoSeptember 13, 2011, London, UK. Press Dispensary. Cellnovo, developer of the first mobile diabetes management system, today announced a technology alliance with LifeScan, Inc. that will bring new portability and control to diabetes patients worldwide.
Under the global agreement, Cellnovo will integrate LifeScan’s blood glucose monitoring technologies into the handset of its mobile diabetes management system. The Cellnovo system, the first of its kind, consists of an insulin patch pump and a touch screen handset that wirelessly transmits real-time data to a secure portal for patients and healthcare providers to use.
