Biotech Business Week articles from May 2003

Biotech Business Week archives from May 2003

Ziprasidone demonstrates fast onset of action in significantly reducing symptoms.
May 5, 2003... 2003 MAY 5 - (NewsRx.com & NewsRx.net) -- Bipolar patients who received Pfizer, Inc.'s atypical antipsychotic ziprasidone showed significant improvement in symptoms of acute mania compared with those who received placebo, according to new data....

Stress cardiolite test effective in predicting events across racial groups.
May 5, 2003... 2003 MAY 5 - (NewsRx.com & NewsRx.net) -- The results of a new study demonstrate that regardless of race, patients with a normal stress test with Cardiolite (Kit for the Preparation of Technetium Tc99m Sestamibi for Injection) have an excellent...

Researchers demonstrate broad use of Ciphergen's SELDI ProteinChip Technology.
May 5, 2003... 2003 MAY 5 - (NewsRx.com & NewsRx.net) -- Ciphergen Biosystems, Inc., (CIPH) announced that more than 45 studies highlighting the use of its SELDI ProteinChip platform in cancer research were published in the Proceedings of the American...

Use of photopheresis marks growth of therapeutic apheresis market.
May 5, 2003... 2003 MAY 5 - (NewsRx.com & NewsRx.net) -- The growing uptake of photopheresis in new and off-label indications is the major factor driving growth of the therapeutic apheresis market in the United States. New analysis from Frost & Sullivan,...

Antiepileptic drug useful in obese adults.
May 5, 2003... 2003 MAY 5 - (NewsRx.com & NewsRx.net) -- Researchers at Duke University Medical Center have concluded, in a preliminary study, that the drug zonisamide (trade name Zonegran), an anticonvulsant used to treat some types of epileptic seizures,...

Agreement reached to codevelop Asmanex and Foradil combination product.
May 5, 2003... 2003 MAY 5 - (NewsRx.com & NewsRx.net) -- Novartis Pharma, AG, (NVS) and Schering-Plough Corp. have agreed to jointly develop and market worldwide a new combination product for the treatment of asthma and chronic obstructive pulmonary disease...

Continued growth forecasted in minimally invasive CABG technologies.
May 5, 2003... 2003 MAY 5 - (NewsRx.com & NewsRx.net) -- Medtech Insight announced the publication of a comprehensive new report by Health Research International entitled "U.S. Opportunities in Surgical Coronary Revascularization." This meticulously...

Approval granted to market generic equivalent to Paxil in Spain.
May 5, 2003... 2003 MAY 5 - (NewsRx.com & NewsRx.net) -- Bentley Pharmaceuticals, Inc., (BNT), a technology-based specialty pharmaceutical and drug delivery company with a growing branded and generic product line in Europe, announced that the Spanish Ministry...

BI Nutraceuticals not part of bankruptcy.
May 5, 2003... 2003 MAY 5 - (NewsRx.com & NewsRx.net) -- On April 1, 2003, Hauser, Inc., and its wholly owned subsidiaries, Botanicals International Extracts, Inc., Hauser Technical Services, Inc., and ZetaPharm, Inc., filed voluntary petitions for...

MedicalCV, Inc., completes refinancing transaction.
May 5, 2003... 2003 MAY 5 - (NewsRx.com & NewsRx.net) -- MedicalCV, Inc., (MDCVU), a Minnesota-based heart valve manufacturer, announced the completion of a $3.84 million refinancing transaction in which its headquarters facility, located in Inver Grove...

Private financing completed for analytical testing company.
May 5, 2003... 2003 MAY 5 - (NewsRx.com & NewsRx.net) -- Cohesive Technologies, Inc., has completed an initial close of its Series B financing led by Psilos Group Partners as its newest venture capital investor. The round also included a strategic...

150th Patient receives implant of aortic bioprosthesis.
May 5, 2003... 2003 MAY 5 - (NewsRx.com & NewsRx.net) -- 3F Therapeutics, Inc., announced that 150 implants of the 3F Aortic Bioprosthesis have been implanted in patients since the start of the clinical trial in late 2001. The 150th implant was performed...

Despite WHI, HERS II studies, HRT market will experience robust growth.
May 5, 2003... 2003 MAY 5 - (NewsRx.com & NewsRx.net) -- Decision Resources, Inc., finds that despite negative impact of the Women's Health Initiative (WHI) and the Heart and Estrogen/Progestin Replacement Study (HERS II), the hormone replacement therapy...

Resolution reached regarding CEA antibody technology.
May 5, 2003... 2003 MAY 5 - (NewsRx.com & NewsRx.net) -- Immunomedics, Inc., (IMMU) announced that CIS Bio International of France entered into a settlement of issues arising from past sales of Scintimun CEA in relation to Immunomedics' carcinoembryonic...

Expanding awareness, new technology make for a robust PET market.
May 5, 2003... 2003 MAY 5 - (NewsRx.com & NewsRx.net) -- As the positron emission tomography (PET) market continues to evolve with the introduction of hybrid PET-CT (computed tomography) scanners, manufacturer marketing efforts are paying off in the form of...

Generics generate brand management opportunities.
May 5, 2003... 2003 MAY 5 - (NewsRx.com & NewsRx.net) -- "Brand Erosion by Generics" is a newly released report from EP Publications, a service of WWMR, Inc., examining five of the most notable cases in which branded pharmaceutical shares have been eroded by...

Vision CI provides early warning of competition for launched pharmaceuticals.
May 5, 2003... 2003 MAY 5 - (NewsRx.com & NewsRx.net) -- Newport announced the release of Vision CI, its next-generation competitive intelligence system targeted at pharmaceutical companies seeking to protect global revenues and market share by identifying...

Thermogenesis Corp. announces defeat of PharmaStem's European patent.
May 5, 2003... 2003 MAY 5 - (NewsRx.com & NewsRx.net) -- Thermogenesis Corp. (KOOL) announced that the European Patent Office ("EPO") confirmed the revocation of PharmaStem Corp.'s European patent on cryopreserved cord blood compositions and uses thereof, by...

Edwards named to lead the structural genomics consortium.
May 5, 2003... 2003 MAY 5 - (NewsRx.com & NewsRx.net) -- Affinium Pharmaceuticals, Inc., congratulated Aled Edwards on his appointment to the CEO in the not-for-profit Structural Genomics Consortium (SGC). The SGC is an Anglo-Canadian partnership whose...

Nellcor and Alliance Medical announce comarketing agreement.
May 5, 2003... 2003 MAY 5 - (NewsRx.com & NewsRx.net) -- Nellcor and Alliance Medical Corp. announced an innovative comarketing agreement designed to enhance the savings opportunities each company's hospital customers receive under their respective...

Lawrence Livermore National Laboratory signed to eTag service, supply deal.
May 5, 2003... 2003 MAY 5 - (NewsRx.com & NewsRx.net) -- Aclara BioSciences (ACLA) has entered into a service and supply agreement with Lawrence Livermore National Laboratory (LLNL) to provide access to Aclara's eTag Assay System to develop rapid detection...

TRAP drug discovery collaboration announced.
May 5, 2003... 2003 MAY 5 - (NewsRx.com & NewsRx.net) -- Telik, Inc., (TELK) announced a collaboration with Roche to use Telik's proprietary small molecule drug discovery technology, TRAP, to identify drug candidates active against a pharmaceutical target...

The mechanics of antitumor activity outlined.
May 12, 2003... 2003 MAY 12 - (NewsRx.com & NewsRx.net) -- Inhibiting the growth and the angiogenic properties of cancer is an important modality for cancer treatment and research. Angiogenesis supports the development of many diseases, including cancer,...

Lab technique brings immune-based therapies closer to reality.
May 12, 2003... 2003 MAY 12 - (NewsRx.com & NewsRx.net) -- Johns Hopkins researchers have developed an inexpensive, reliable way to make large quantities of targeted immune cells that one day may provide a life-saving defense against cancers and viral...

Glucowatch Biographer reported to improve HbA[subscript]1c levels.
May 12, 2003... 2003 MAY 12 - (NewsRx.com & NewsRx.net) -- A new study shows that children who wore the GlucoWatch Biographer had greater detection of hypoglycemic events and reduced levels of the metabolic marker, HbA[subscript]1c (also known as A1c),...

Campaign launched to for primary immunodeficiency; investigation settled.
May 12, 2003... 2003 MAY 12 - (NewsRx.com & NewsRx.net) -- Bayer Biological Products (BP) announced a nationwide "Don't Be Immune To The Signs" campaign to generate greater awareness about Primary Immunodeficiency (PI) diseases. The company also announced...

Collaborative effort to identify cancer biomarkers.
May 12, 2003... 2003 MAY 12 - (NewsRx.com & NewsRx.net) -- Aclara BioSciences, Inc., (ACLA) and the USC/Norris Comprehensive Cancer Center and Hospital, a research and treatment facility at the University of Southern California, announced a research...

Grant awarded for tumor growth inhibition research.
May 12, 2003... 2003 MAY 12 - (NewsRx.com & NewsRx.net) -- Northwest Biotherapeutics, Inc. (Bulletin Board: NWBT.OB) announced it has received notification from the U.S. National Institutes of Health (NIH) that the company will receive a National Cancer...

Equity investment supports research on blood recovery therapeutic peptide.
May 12, 2003... 2003 MAY 12 - (NewsRx.com & NewsRx.net) -- PPD, Inc. (NASDAQ:PPDI) has made an equity investment in Chemokine Therapeutics Corp., a privately held U.S.- and Canadian-based biotechnology company, to continue development of a proprietary peptide...

Management is key in getting drugs to market faster.
May 12, 2003... 2003 MAY 12 - (NewsRx.com & NewsRx.net) -- According to a recent survey, pharmaceutical manufacturers took an average 8 years to bring a novel drug to market and industry associations estimate the high-end cost of a novel drug is $800 million....

Medical adhesives company reports 51% increase in revenues.
May 12, 2003... 2003 MAY 12 - (NewsRx.com & NewsRx.net) -- Closure Medical Corporation (CLSR) announced results for its first quarter ended March 31, 2003. Total revenues increased 51% to $8.2 million from $5.4 million during the same period of 2002. The...

Medical device company reports operating results for first quarter 2003.
May 12, 2003... 2003 MAY 12 - (NewsRx.com & NewsRx.net) -- Stryker Corporation (NYSE:SYK) reported its net sales were $846.9 million for the first quarter of 2003, representing a 20% increase over net sales of $702.9 million in the first quarter of 2002. ...

Cancer diagnostics firm completes venture-backed financing round.
May 12, 2003... 2003 MAY 12 - (NewsRx.com & NewsRx.net) -- Neothermia Corp. announced it has closed an additional round of equity financing for $13.1 million. The company, which focuses on the development and marketing of minimally invasive systems for...

Dramatic expansion predicted for rheumatoid arthritis drug market.
May 12, 2003... 2003 MAY 12 - (NewsRx.com & NewsRx.net) -- Decision Resources, Inc., forecasts dramatic expansion for the rheumatoid arthritis (RA) drug market. According to a new Pharmacor study, "Rheumatoid Arthritis," the launch of new biologic agents, such...

Device company completes purchase of Gish.
May 12, 2003... 2003 MAY 12 - (NewsRx.com & NewsRx.net) -- CardioTech International, Inc., (CTE) announced that the acquisition of Gish Biomedical (GISH), was completed on April 7. Gish shares have been delisted from the NASDAQ as of the conclusion of the...

Microspheres manufacturer acquired.
May 12, 2003... 2003 MAY 12 - (NewsRx.com & NewsRx.net) -- Molecular Probes, Inc., a provider of fluorescence-based detection solutions, has acquired Interfacial Dynamics Corporation (IDC) of Portland, Oregon, a manufacturer of surfactant-free, ultra-clean,...

Cardiothoracic surgery challenging interventional cardiology.
May 12, 2003... 2003 MAY 12 - (NewsRx.com & NewsRx.net) -- With the emergence of multiple technologies and techniques, and their efficient integration into healthcare systems, cardiothoracic surgery is on the verge of rivaling interventional cardiology...

Biosciences company announces management change.
May 12, 2003... 2003 MAY 12 - (NewsRx.com & NewsRx.net) -- Ricerca Biosciences announced the appointment, effective April 1, 2003, of Thomas I. Bradshaw as interim chief executive officer, replacing Dr. Prabhavathi Fernandes, who left the company on March 31....

Innovations driving growing devices market.
May 12, 2003... 2003 MAY 12 - (NewsRx.com & NewsRx.net) -- The soft tissue closure and securement market encompasses a continuum of products and technologies, including tapes, sutures and staples, hemostats, sealants, high strength glues, adhesion prevention...

Economical source provided for biopharmaceutical, injectable medications.
May 12, 2003... 2003 MAY 12 - (NewsRx.com & NewsRx.net) -- An increasing number of Americans depend on specialty and self-injectable medications for treatment of their chronic, sometimes life-threatening, illnesses, and conditions. From 1990 to 2000, the...

Assets of technology developer acquired by medical device company.
May 12, 2003... 2003 MAY 12 - (NewsRx.com & NewsRx.net) -- Spectranetics Corporation (NASDAQ:SPNC) has acquired the assets of privately-held LaTIS Company, a Minnesota-based developer of technology that is used to treat ischemic stroke. Terms of the...

Gene therapy trial results encouraging.
May 19, 2003... 2003 MAY 19 - (NewsRx.com & NewsRx.net) -- Scientists and physicians in Cleveland have announced encouraging results from the first-of-its-kind gene therapy trial involving cystic fibrosis (CF) patients and a new compacted DNA technology. ...

Research links cardiovascular disease.
May 19, 2003... 2003 MAY 19 - (NewsRx.com & NewsRx.net) -- Preliminary findings from clinicians at the Research Institute of the McGill University Health Centre (MUHC) show that men with erectile dysfunction are more likely to have cardiovascular disease....

Medium-chain triacylglycerols cause larger thermogenesis.
May 19, 2003... 2003 MAY 19 - (NewsRx.com & NewsRx.net) -- Medium-chain triacylglycerols caused larger diet-related thermogenesis than did long- chain triacylglycerols. "The purpose of this study was to investigate the effect of 5-10 g of medium-chain...

Vaccine saves thousands from illness.
May 19, 2003... 2003 MAY 19 - (NewsRx.com & NewsRx.net) -- A vaccine that had its start in basic research 2 decades ago at the University of Rochester Medical Center has shown remarkable success, causing rates of infection by a persistent microbe to plummet by...

Cannabinoid CB[subscript]1 receptor antagonist increases Acrp30 mRNA expression.
May 19, 2003... 2003 MAY 19 - (NewsRx.com & NewsRx.net) -- The cannabinoid CB[subscript]1 receptor antagonist SR141716 increased Acrp30 mRNA expression in adipose tissue of obese fa/fa rats and in cultured adipocyte cells. According to published research...

Study supports value of resistance tests to guide use of newer HIV drugs.
May 19, 2003... 2003 MAY 19 - (NewsRx.com & NewsRx.net) -- ViroLogic, Inc., (VLGC) announced that results of a recent study support the utility of its proprietary drug resistance assays to guide HIV/AIDS treatment with regimens containing the recently marketed...

New scientific data disclosed on Neovastat.
May 19, 2003... 2003 MAY 19 - (NewsRx.com & NewsRx.net) -- AEterna Laboratories, Inc., (AEL; AELA) disclosed new scientific data on its lead antiangiogenic compound Neovastat that reinforces its antiangiogenic properties. These data were obtained from two...

Company reports positive results from evaluation of new solid tumor treatment.
May 19, 2003... 2003 MAY 19 - (NewsRx.com & NewsRx.net) -- Northwest Biotherapeutics, Inc., (NWBT) announced positive findings from a recently completed preclinical mouse tumor evaluation of its new product candidate, DCVax-Direct Adjuvant Cancer Therapy,...

Reseller agreements signed for life sciences databases.
May 19, 2003... 2003 MAY 19 - (NewsRx.com & NewsRx.net) -- BioZak InfoBase, Inc., a provider of marketing intelligence information on the life science industry, announced agreements with PharmCast and Research and Markets, LTD, who will serve as resellers of...

PhRMA adopts voluntary program to report counterfeit drugs to FDA.
May 19, 2003... 2003 MAY 19 - (NewsRx.com & NewsRx.net) -- The Pharmaceutical Research and Manufacturers of America (PhRMA) announced that it has adopted a voluntary program to report counterfeit drugs to the U.S. Food and Drug Administration (FDA). "This...

Pharmaceutical pricing structures revealed in new document.
May 19, 2003... 2003 MAY 19 - (NewsRx.com & NewsRx.net) -- The Academy of Managed Care Pharmacy (AMCP) has published an online document on its Web site detailing the complex and confusing pricing structure that governs pharmaceutical distribution practices....

Bioanalytical measurement company reports first quarter 2003 results.
May 19, 2003... 2003 MAY 19 - (NewsRx.com & NewsRx.net) -- Molecular Devices Corp. (MDCC) announced its revenues and earnings for the quarter ended March 31, 2003. Revenues and earnings per share for the quarter were within management's previously stated...

Cancer drug maker reports loss of $0.23 per share; SARS vaccine update.
May 19, 2003... 2003 MAY 19 - (NewsRx.com & NewsRx.net) -- GenVec, Inc., (GNVC) announced financial results for the first quarter ended March 31, 2003. GenVec reported a net loss of $5.2 million or ($0.23) per share, a 19% reduction compared to a net loss...

Nu Skin reports first-quarter financial results.
May 19, 2003... 2003 MAY 19 - (NewsRx.com & NewsRx.net) -- Nu Skin Enterprises, Inc., (NUS) reported revenue of $219.6 million and earnings per share of $0.16 for the first quarter ended March 31, 2003. First-quarter revenue was up 2% to $219.6 million...

i-STAT announces first-quarter results.
May 19, 2003... 2003 MAY 19 - (NewsRx.com & NewsRx.net) -- i-STAT Corp. (STAT), a manufacturer of point-of-care diagnostic systems for blood analysis, announced its consolidated financial results for the first quarter of 2003. For the 3 months ended March...

Lannett announces Levothyroxine marketing and distribution agreement.
May 19, 2003... 2003 MAY 19 - (NewsRx.com & NewsRx.net) -- Lannett Co., Inc,. (LCI) a manufacturer of generic pharmaceuticals, announced the addition of Levothyroxine Sodium Tablets to its product line. The manufacturer of the product, Jerome Stevens...

Company drops Abbott lawsuit over Clo-Sur P.A.D.
May 19, 2003... 2003 MAY 19 - (NewsRx.com & NewsRx.net) -- Scion Cardio-Vascular, Inc., a Miami-based medical device design and manufacturing company, announced that it has voluntarily dropped its six-count complaint in federal court against Illinois-based...

2002 Pharma-biotech alliances rise to highest rate since 2000.
May 19, 2003... 2003 MAY 19 - (NewsRx.com & NewsRx.net) -- As the pharmaceutical industry continues consolidating, companies will increasingly turn to biotechnology firms to energize their pipelines and remain competitive, according to a study by...

Biotechs well ahead of big pharma in MAP kinase-based therapeutics.
May 19, 2003... 2003 MAY 19 - (NewsRx.com & NewsRx.net) -- Decision Resources announced that several biotechnology companies are at the forefront of the quest to bring mitogen-activated protein (MAP) kinase pathway-based therapeutics to market, and will do so...

Expansion in Pittsburgh reflects success greenhouse initiatives.
May 19, 2003... 2003 MAY 19 - (NewsRx.com & NewsRx.net) -- The Pittsburgh Life Sciences Greenhouse (PLSG), a partnership to put the region's life sciences industry on a fast track for growth, announced that Crystalplex Corporation will be the first PLSG...

Real-time PCR market dominated by one company.
May 19, 2003... 2003 MAY 19 - (NewsRx.com & NewsRx.net) -- According to a recent survey, Applied Biosystems (ABI) dominates most product categories associated with real-time (kinetic or quantitative) polymerase chain reaction (PCR), including kits, fluorescent...

Pharmaceutical brand teams spend 46% of marketing budgets during launch.
May 19, 2003... 2003 MAY 19 - (NewsRx.com & NewsRx.net) -- Companies that back products with optimal resources at the right time push drugs to commercial success, according to a report by pharmaceutical intelligence firm Cutting Edge Information. The...

Pharmaceutical sales forces to expand 22%, new study says.
May 19, 2003... 2003 MAY 19 - (NewsRx.com & NewsRx.net) -- Top pharmaceutical companies plan to increase sales headcounts by an average of 22% over the next 18-24 months - a fact that proves the era of sales force expansion will continue, according to a new...

Company reports 48% increase in biopharmaceutical product sales.
May 19, 2003... 2003 MAY 19 - (NewsRx.com & NewsRx.net) -- Nabi Biopharmaceuticals (NABI) announced its financial results for the first quarter ended March 29, 2003. For the quarter, the company reported net income of $0.5 million, or $0.01 per share on a...

Phase III study for Bromfenac commenced.
May 19, 2003... 2003 MAY 19 - (NewsRx.com & NewsRx.net) -- ISTA Pharmaceuticals, Inc., (ISTA) announced that the company has filed an Investigational New Drug application with the U.S. Food & Drug Administration (FDA) to begin a phase III study of bromfenac....

Foundation appoints clinical advisory board.
May 19, 2003... 2003 MAY 19 - (NewsRx.com & NewsRx.net) -- The ALS Therapy Development Foundation (ALS-TDF) announced the appointment of its clinical advisory board (CAB), composed of researchers of amyotrophic lateral sclerosis (ALS), also called Lou Gehrig...

Potential SARS treatment to be developed by MBL and partner.
May 19, 2003... 2003 MAY 19 - (NewsRx.com & NewsRx.net) -- Medarex, Inc., (MEDX) and the Massachusetts Biologic Laboratories (MBL) of the University of Massachusetts Medical School announced that they have entered into an agreement by which they intend to...

FDA approves first treatment for genetic metabolic disorder.
May 26, 2003... 2003 MAY 26 - (NewsRx.com & NewsRx.net) -- The U.S. Food and Drug Administration (FDA) has approved the first treatment for patients with certain forms of a rare genetic disease called MPS I, which includes Hurler syndrome. This disease...

The use of recombinant adeno-associated virus in gene therapy is challenging.
May 26, 2003... 2003 MAY 26 - (NewsRx.com & NewsRx.net) -- The use of recombinant adeno-associated virus in gene therapy is challenging. According to recent research published in the journal Current Opinion in Drug Discovery and Development, "recombinant...

Testim gel shown to normalize testosterone levels, improve sexual function.
May 26, 2003... 2003 MAY 26 - (NewsRx.com & NewsRx.net) -- Auxilium Pharmaceuticals, Inc., announced clinical data showing that Testim, the company's new testosterone gel, normalized testosterone levels in more hypogonadal aging males with corresponding...

Inhaled insulin may reduce size, frequency of dosing.
May 26, 2003... 2003 MAY 26 - (NewsRx.com & NewsRx.net) -- BioSante Pharmaceuticals, Inc., (BISP) announced that positive study results of its BioAir calcium phosphate nanoparticulate (CAP) delivery system for inhalable insulin have been published in the...

History of tick-borne encephalitis vaccines related.
May 26, 2003... 2003 MAY 26 - (NewsRx.com & NewsRx.net) -- Researchers elucidate the history of tick-borne encephalitis vaccines in the journal Vaccine. "Tick borne encephalitis was a frequent viral CNS disease in Europe in the last century, with several...

New virus load assay reported comparable with Roche commercial kit, but cheaper.
May 26, 2003... 2003 MAY 26 - (NewsRx.com & NewsRx.net) -- An international team of scientists has developed a viral load assay that they claim yields comparable results to Roche's commercial kit, but that is about five times less expensive. In a poster...

Strategic market report on nanobiotechnology released.
May 26, 2003... 2003 MAY 26 - (NewsRx.com & NewsRx.net) -- Front Line Strategic Consulting, Inc., a company that conducts strategic consulting and market analysis for the life-sciences industries, announced the completion of its new strategic market report,...

$2M in biodefense contract awarded by DARPA.
May 26, 2003... 2003 MAY 26 - (NewsRx.com & NewsRx.net) -- Analex Corporation (NLX) has announced that its Advanced Biosystems, Inc., subsidiary has been awarded approximately $2 million in additional funding by the Defense Advanced Research Projects Agency...

Diabetes company continues to expand its Clayton facility.
May 26, 2003... 2003 MAY 26 - (NewsRx.com & NewsRx.net) -- Novo Nordisk (NVO) has awarded a contract to BE&K Engineering and Suitt Construction for a 19,000-square-foot expansion of its insulin manufacturing facility in Clayton, North Carolina. The...

Implant company reports first quarter revenues of $22.5 million.
May 26, 2003... 2003 MAY 26 - (NewsRx.com & NewsRx.net) -- Osteotech, Inc., (OSTE) announced that first quarter 2003 revenues increased 2% to $22,479,000, compared to first quarter 2002 revenues of $22,085,000 and increased 21% over fourth-quarter 2002...

Loss reported at $0.25 per share for assay firm; collaboration announced.
May 26, 2003... 2003 MAY 26 - (NewsRx.com & NewsRx.net) -- Aclara BioSciences (ACLA), reported financial results for the 3 months ended March 31, 2003, and announced a collaboration with Genentech, Inc. Revenues for the 3 months ended March 31, 2003, were...

Palomar medical reports improved first quarter results for 2003.
May 26, 2003... 2003 MAY 26 - (NewsRx.com & NewsRx.net) -- Palomar Medical Technologies, Inc., (PMTI) announced that for the first quarter ended March 31, 2003, the company's total revenues increased by 61%, its product revenues increased by 80%, and its gross...

Commission convened to diversify U.S. healthcare workforce.
May 26, 2003... 2003 MAY 26 - (NewsRx.com & NewsRx.net) -- Former U.S. Secretary of Health and Human Services, Louis W. Sullivan, has convened a commission that will address the nation's health gap by focusing attention on the number of underrepresented...

Mobility, CRF provide clinical trial communications technology.
May 26, 2003... 2003 MAY 26 - (NewsRx.com & NewsRx.net) -- Mobility Electronics, Inc., (MOBE) and CRF Box announced their collaboration to develop and provide the communications solution necessary to allow the collection of clinical trial data from patients on...

Allergy, gastrointestinal products lead the growth of $5B OTC market.
May 26, 2003... 2003 MAY 26 - (NewsRx.com & NewsRx.net) -- The U.S. market for prescription (Rx) products being taken to over-the-counter (OTC) status is accelerating, according to a new study released by Kalorama Information, and in the coming years allergy...

Biotech experts call for continued research alliances.
May 26, 2003... 2003 MAY 26 - (NewsRx.com & NewsRx.net) -- Biotechnica America 2003, an international Biotechnica meeting, kicked off with an overview of the state of biotechnology in the United Kingdom by Mike Cohen, director of Trade USA/Trade Partners U.K.,...