Diagnostics & Imaging Week articles from February 2008

Diagnostics & Imaging Week archives from February 2008

New Bush budget proposal cuts HHS funding by up to $2 billion.(With outcries abounding....)
February 7, 2008... President Bush's new $3 trillion budget proposal for 2009 features potentially large cuts in funding for the Department of Health and Human Services. Critics of the new budget will note that, at the same time, the budget greatly bolsters...

Transoma postpones $54m IPO; Abbott invests $40m in Isis unit.(Financings roundup)
February 7, 2008... A Diagnostics & Imaging Week Staff Report Transoma Medical (St. Paul, Minnesota) reported that it is postponing its initial public offering, citing unfavorable market conditions. The company said it expects to proceed with the IPO "at a...

New trouble: France investigates 'routine' exam errors at 5 centers.(International report)
February 7, 2008... Following hard on the heels of sweeping actions taken by the French Ministry of Health to quell a national crisis of confidence in radiotherapy treatment, a new scandal involving almost 7,000 patients was revealed this month. Five...

VascuView represents latest of FDA's Escalon clearances.(Food and Drug Administration)
February 7, 2008... It seems as if Escalon Medical (Wayne, Pennsylvania) has hit the proverbial jackpot for FDA product clearances lately. The diagnostics device developer reported three such approvals in the last six weeks--with the latest being its VascuView...

General Electric to purchase Whatman firm for $717 million.(Deals roundup)
February 7, 2008... A Diagnostics & Imaging Week Staff Report General Electric (Fairfield, Connecticut) reported that it has agreed to buy Whatman (London), the maker of DNA-based products for drug research and police laboratories, for $717 million (363...

Affymetrix (Santa Clara, California) reported completing its acquisition of USB (Cleveland), a private company developing molecular biology and biochemical reagent products.(Deals roundup)(Brief article)
February 7, 2008... A Diagnostics & Imaging Week Staff Report Affymetrix (Santa Clara, California) reported completing its acquisition of USB (Cleveland), a private company developing molecular biology and biochemical reagent products. With completion of the...

Roche Holdings (Basel Switzerland) said it was not aware of any applicable antitrust law that would prohibit its $3.4 billion offer for Ventana Medical Systems (Tucson, Arizona), developer of tissue-based cancer diagnostics, and expects to complete the offer today.(Deals roundup)
February 7, 2008... A Diagnostics & Imaging Week Staff Report Roche Holdings (Basel Switzerland) said it was not aware of any applicable antitrust law that would prohibit its $3.4 billion offer for Ventana Medical Systems (Tucson, Arizona), developer of...

Comparative effectiveness data positive, but require careful use.(2008 National Health Policy Conference)
February 7, 2008... WASHINGTON -- Comparative effectiveness studies are receiving increasing emphasis in healthcare, and the emphasis at this week's edition of the National Health Policy Conference was on the potential for comparative effectiveness studies to...

Leprosy detection tests eyed under $100,000 grant to IDRI.(Grants/contracts)
February 7, 2008... A Diagnostics & Imaging Week Staff Report The Infectious Disease Research Institute (IDRI; Seattle), a non-profit scientific research organization, reported receiving a $100,000, two-year grant from the Heiser Program for Research in...

NightHawk Radiology Holdings (Coeur D'Alene, Idaho) reported its involvement as the exclusive radiology provider for the High-Risk Plaque Initiative (HRP Initiative).(Grants/contracts)
February 7, 2008... A Diagnostics & Imaging Week Staff Report NightHawk Radiology Holdings (Coeur D'Alene, Idaho) reported its involvement as the exclusive radiology provider for the High-Risk Plaque Initiative (HRP Initiative). The HRP Initiative is a joint...

Axeda (Foxboro, Massachusetts) said that Dako (Glostrup, Denmark), a cancer diagnostics company, has selected the Axeda ServiceLink solution for remote service of its universal staining system.(Grants/contracts)(Brief article)
February 7, 2008... A Diagnostics & Imaging Week Staff Report Axeda (Foxboro, Massachusetts) said that Dako (Glostrup, Denmark), a cancer diagnostics company, has selected the Axeda ServiceLink solution for remote service of its universal staining system. ...

Animal study to aid AMD research.(Briefly Noted)
February 7, 2008... A Diagnostics & Imaging Week Staff Report A Cleveland Clinic (Cleveland) research team has developed the first animal model of age-related macular degeneration (AMD) that will enable researchers to study the development and progression of...

Quest Diagnostics agrees to offer AspirinWorks test from Corgenix.(Agreements)
February 7, 2008... A Diagnostics & Imaging Week Staff Report Corgenix Medical (Denver) said its AspirinWorks test is now available to physicians and other laboratories through Quest Diagnostics (Lyndhurst, New Jersey). "This arrangement with Quest...

WaferGen Biosystems (Fremont, California), a developer of gene expression, genotyping, cell biology and stem cell research systems, reported the signing of exclusive distribution agreements for the company's SmartSlide Micro-Incubation System with Inbio (Wiltshire, UK), ScienceWerke (Singapore) and Westburg (Leusden, the Netherlands).(Agreements)
February 7, 2008... A Diagnostics & Imaging Week Staff Report WaferGen Biosystems (Fremont, California), a developer of gene expression, genotyping, cell biology and stem cell research systems, reported the signing of exclusive distribution agreements for the...

Vestibular Technologies (Cheyenne, Wyoming) said it has been awarded a contract in the physical therapy products portfolio with Premier Purchasing Partners.(Agreements)
February 7, 2008... A Diagnostics & Imaging Week Staff Report Vestibular Technologies (Cheyenne, Wyoming) said it has been awarded a contract in the physical therapy products portfolio with Premier Purchasing Partners. Vestibular is an FDA-registered...

Neurofeedback course coming to Atlanta.(Briefly Noted)
February 7, 2008... EEG Info (Woodland Hills, California) will offer a Clinical Course in Neurofeedback in Atlanta, Feb. 21-24, 2008. The course is taught by industry leaders Siegfried and Sue Othmer, who have instructed more than 4,000 clinicians on how to...

China Sky One Medical (Harbin, China), a manufacturer of pharmaceutical, medicinal and diagnostic products in China, reported that it raised $25 million in a private placement of 2.5 million shares of the company's common stock, with 30% warrant coverage.(Financings roundup)
February 7, 2008... A Diagnostics & Imaging Week Staff Report In other financing activity: China Sky One Medical (Harbin, China), a manufacturer of pharmaceutical, medicinal and diagnostic products in China, reported that it raised $25 million in a private...

10% stake acquired in Molecular Vision.(International report)(Acrongenomics)(Brief article)
February 7, 2008... Acrongenomics (Geneva, Switzerland) said it has acquired a 10.9% interest in Molecular Vision (London), the value of that stake not disclosed. The cash consideration will be used by Molecular Vision said that the acquired cash will be used...

Adept secures foothold in European markets.(International report)(Cerebellum Automation)(Brief article)
February 7, 2008... Adept Technology (Livermore, California) acquired privately held Cerebellum Automation (Chavanod, France), a specialist in robotics and motion-control solutions for the medical imaging and medical packaging. Adept will purchase all outstanding...

Cogenics in accord with UK research center.(International report)
February 7, 2008... The Cogenics division of Clinical Data (Newton, Massachusetts) reported the signing of a multi-year agreement with the John Innes Centre (JIC; Norwich, UK) for Cogenics to provide the JIC with gene expression and other genomics services in a...

Wolters Kluwer Health (Conshocken, Pennsylvania) a division of Wolters Kluwer (Amsterdam), a provider of information for professionals and students in medicine, nursing, allied health, pharmacy and the pharmaceutical industry, reported that it has acquired a minority interest in Logical Images (Rochester, New York).(Deals roundup)
February 7, 2008... A Diagnostics & Imaging Week Staff Report Wolters Kluwer Health (Conshocken, Pennsylvania) a division of Wolters Kluwer (Amsterdam), a provider of information for professionals and students in medicine, nursing, allied health, pharmacy and...

CytoCore.(Product Briefs)
February 7, 2008... CytoCore (Chicago) said that FDA has approved the company's 510(k) application for its SoftPAP cervical cell collector. The company said that the SoftPAP "collects more comprehensive and complete cervical cell specimens for Pap testing."...

Healthcare Providers Direct.(Product Briefs)
February 7, 2008... Healthcare Providers Direct (Lawrenceville, New Jersey) reported the release of ImmunoDip, a rapid screening test to detect microalbuminuria, an early indicator of chronic kidney disease in diabetic patients. Microalbuminuria occurs when a...

Ikonisys.(Product Briefs)(Brief article)
February 7, 2008... Ikonisys (Dallas) said that it has begun a clinical trial evaluating its breakthrough test for early detection of chromosomal abnormality trisomy 21. Early, non-invasive detection of genetic disorders, including Down syndrome, provides pregnant...

Medtronic.(Product Briefs)
February 7, 2008... Medtronic (Minneapolis) reported FDA approval of a new physician-use continuous glucose monitoring (CGM) system, the CGMS iPro Recorder. Physicians send patients home with the CGMS iPro to uncover patterns and potential problems that often go...

The Oncology Care Systems unit (Concord, California) of Siemens Medical Solutions received FDA clearance for the sale of its Artiste solution, a linear accelerator engineered specifically for adaptive radiation therapy (ART).(Product Briefs)
February 7, 2008... The Oncology Care Systems unit (Concord, California) of Siemens Medical Solutions received FDA clearance for the sale of its Artiste solution, a linear accelerator engineered specifically for adaptive radiation therapy (ART). This radiation...

Siemens Medical Solutions'.(Product Briefs)
February 7, 2008... Siemens Medical Solutions' Oncology Care Systems unit (Concord, California) received FDA clearance for the sale and distribution of its most recent innovation in radiation therapy technology, the Artiste solution. The Artiste is a linear...

EPIX, FDA reach agreement on image re-read of Vasovist.(Food and Drug Administration)(EPIX Pharmaceuticals)(Brief article)
February 7, 2008... A Diagnostics & Imaging Week Staff Report EPIX Pharmaceuticals (Lexington, Massachusetts) reported that it has reached an agreement with the FDA on its proposal for the re-read of images of its novel blood pool magnetic resonance...

Smiths Medical ASD.(Product Briefs)(Brief article)
February 7, 2008... Smiths Medical ASD (Rockland, Massachusetts) said it has received FDA clearance for its Saf-T closed blood collection system for use in syringe blood draw and transfer applications. Configurations address winged vein access as well as Luer...

T2 Biosystems.(Product Briefs)(Brief article)
February 7, 2008... * T2 Biosystems (Cambridge, Massachusetts) reported significant research findings that support the advancement and development of nanoparticle-based, magnetic resonance technology that offer rapid, portable diagnostic testing. This new research...

Toshiba America Medical Systems.(Product Briefs)
February 7, 2008... Toshiba America Medical Systems (Tustin, California) reported FDA clearance for its new open-bore 1.5T vantage titan MR system. The company said the open-bore of the titan is 18% larger than other 1.5T systems on the market, featuring a large...

Mobile Imaging Development (MID; Las Vegas, Nevada) said that its limited partnership, Mobile Diagnostic Centers, has named John Bruchas as director of business development and Richard Reiter as director of clinical services.(People in Places)(appointment of John Bruchas )(appointment of Richard Reiter)(Brief article)
February 7, 2008... Mobile Imaging Development (MID; Las Vegas, Nevada) said that its limited partnership, Mobile Diagnostic Centers, has named John Bruchas as director of business development and Richard Reiter as director of clinical services. MID said that...

Naviscan PET Systems.(People in Places)
February 7, 2008... Naviscan PET Systems (San Diego) said it has appointed Paul Mirabella as chairman of the board, in addition to retaining his responsibilities as president/CEO. Naviscan develops compact, high-resolution PET scanners intended to provide...

Paradigm Medical Industries.(People in Places)
February 7, 2008... Luis Mostacero has been promoted from VP of finance to CFO at Paradigm Medical Industries (Salt Lake City). Paradigm is a developer of ultrasound, glaucoma diagnostics and management devices.

NewCardio (San Jose, California) reported the closing of a share exchange agreement with Marine Park Holdings (New York) whereby NewCardio is now a public company by way of reverse merger.(Deals roundup)(Brief article)
February 7, 2008... A Diagnostics & Imaging Week Staff Report NewCardio (San Jose, California) reported the closing of a share exchange agreement with Marine Park Holdings (New York) whereby NewCardio is now a public company by way of reverse merger. ...

BG, Danish researchers in pact for predicting heart attack risk.
February 14, 2008... A number of well-known factors increase a person's risk of heart attack: high cholesterol, high blood pressure, smoking, an inactive lifestyle, diabetes, obesity--the list goes on. But what about the seemingly healthy people who don't have...

PreMD in 'tough spot' after FDA ruling on skin cholesterol test.
February 14, 2008... After receiving a non-substantially equivalent letter from the FDA last month for its skin cholesterol test, Prevu, PreMD (Toronto) has now filed a request for a second level review of the 510(k) submission. "It's been devastating in terms...

High-energy ultrasound device wins CE mark and $1.9m grant.(International report)(clinical excellence)
February 14, 2008... French start-up Theraclion (Paris) won the CE mark for its Thyros high-intensity focused ultrasound (HIFU) device for non-invasive reduction of thyroid nodules and secondary hyperparathyroidism. The company also reported receiving a 1.3...

Imaging study shows Alzheimer's plaques can form within a day.(Finding 'substantiallyl different' than expected)
February 14, 2008... Alzheimer's Disease develops over decades in humans, and still over months in the altogether more short-lived mouse. But the plaques that are the anatomical hallmark of the disease form, if not quite faster than a speeding bullet, then...

GE Healthcare to be $4.4 million IT supplier for physician group.(Contracts)(General Electric Healthcare Co.)(information technology)
February 14, 2008... ProHEALTH Care Associates (Lake Success, New York), a multi-specialty physician group practice, reported that it has signed a contract for information technology and medical imaging applications from GE Healthcare (Waukesha, Wisconsin), valued...

Expression pathology secures funds for HER2 test.(Financings roundup)(human epidermal growth factor receptor 2)(Brief article)
February 14, 2008... Expression Pathology (EPI; Gaithersburg, Maryland) said it has obtained $125,000 from the State of Maryland to develop a quantitative test for HER2 protein, a biomarker in breast cancer tissue samples. The funding is part of the Maryland...

Roche holding enough shares to complete $3.4b Ventana buy.(Deals: roundup)
February 14, 2008... Roche (Basel, Switzerland) has reported that its wholly-owned subsidiary Rocket Acquisition has accepted for payment all shares validly tendered pursuant to its tender offer for all outstanding shares of common stock of Ventana Medical Systems...

BG Medicine.(Deals roundup)(commercial rights from ACS Biomarker)
February 14, 2008... * BG Medicine (Waltham, Massachusetts) and ACS Biomarker (Maastricht, the Netherlands) reported that they have entered into an agreement in which BG obtained rights to develop and commercialize a novel clinical diagnostic test for acute...

New research implicates lipid metabolites in insulin resistance.(Clinical report)
February 14, 2008... The news that tighter control of blood sugar levels appears to increase deaths in a large clinical study hit like a bomb last week, providing a stark reminder of just how much remains to be learned about the metabolic complexities of diabetes....

Gene variant discoveries may speed prostate cancer tests.
February 14, 2008... LONDON -- The reasons some men develop prostate cancer, and why some prostate cancers are more aggressive than others, are likely to become clearer over the next few years, with the discovery of a clutch of genetic variants that raise a man's...

Vermillion, Johns Hopkins Univ. in cancer biomarker agreement.(Deals roundup)
February 14, 2008... Molecular diagnostics company Vermillion (Fremont, California) reported the renewal of a long-standing collaboration with Johns Hopkins University (Baltimore) related to the development of novel biomarkers that can be applied toward disease...

Schering-Plough (Kenilworth, New Jersey) and OraSure (Bethlehem, Pennsylvania) have agreed to collaborate on the development and promotion of a rapid oral hepatitis C virus (HCV) test using OraSure's OraQuick technology platform outside the U.S.(Deals roundup)
February 14, 2008... * Schering-Plough (Kenilworth, New Jersey) and OraSure (Bethlehem, Pennsylvania) have agreed to collaborate on the development and promotion of a rapid oral hepatitis C virus (HCV) test using OraSure's OraQuick technology platform outside the...

Enigma Diagnostics (Porton Down, UK), a developer of molecular diagnostics systems, reported that it has signed license agreements with Applera (Norwalk, Connecticut)..(Deals roundup)
February 14, 2008... * Enigma Diagnostics (Porton Down, UK), a developer of molecular diagnostics systems, reported that it has signed license agreements with Applera (Norwalk, Connecticut). The license agreements are for a Real-Time Instrument patent and an...

Bederra (Houston) President Graham Williams reported that it has sent an "expression of interest letter" to a privately held, Houston-based, healthcare services company, unnamed, to negotiate the purchase of that company.(Deals roundup)
February 14, 2008... * Bederra (Houston) President Graham Williams reported that it has sent an "expression of interest letter" to a privately held, Houston-based, healthcare services company, unnamed, to negotiate the purchase of that company. Bederra said...

Luminos (Ann Arbor, Michigan) reported an exclusive license agreement with the University of Pittsburgh to use its technology to develop and sell detection kits, which contain a new fluorescent sense to detect the rare metals palladium and platinum..(Deals roundup)
February 14, 2008... * Luminos (Ann Arbor, Michigan) reported an exclusive license agreement with the University of Pittsburgh to use its technology to develop and sell detection kits, which contain a new fluorescent sense to detect the rare metals palladium and...

U.S. Army testing Vicor's tech to assess injured, ill soldiers.(Agreements)
February 14, 2008... The U.S. Army has signed a Collaborative Research and Development Agreement with Vicor Technologies (Boca Raton, Florida) to investigate technology that could assess the severity of injury and probability of survival, of critically injured...

First installation of TopSpin IVMRI system.(TopSpin Medical Ltd. contracts with ZOL Hospital)(intravascular magnetic resonance imaging system)(Brief article)
February 14, 2008... TopSpin Medical (Tel Aviv, Israel) reported the first commercial installation of its Cathamaran Intravascular MRI System at ZOL Hospital (Genk, Belgium), along with the first procedures performed using the system. "This 6 Fr compatible...

Aerocrine adds to patent portfolio.
February 14, 2008... Aerocrine (Solna, Sweden) said it has strengthened its patent portfolio by acquiring a strategically important patent and patenting its own discoveries. The company said the acquired patent describes how to electronically control the flow...

Luminex (Austin, Texas) said it has renewed and expanded Invitrogen's (Carlsbad, California) license and supply agreement for Luminex's multiplexed analyte detection technology and systems.(Agreement news)(Brief article)
February 14, 2008... * Luminex (Austin, Texas) said it has renewed and expanded Invitrogen's (Carlsbad, California) license and supply agreement for Luminex's multiplexed analyte detection technology and systems. The new agreement extends the lifetime of the...

Misonix (Farmingdale, New York), a developer of minimally invasive ultrasonic medical device technology for the ablation of cancer and other chronic health conditions, reported an agreement with Medline Industries (Mundelein, Illinois) for the domestic distribution of the SonicOne Ultrasonic Wound Debridement System has expired.(Agreement news)
February 14, 2008... * Misonix (Farmingdale, New York), a developer of minimally invasive ultrasonic medical device technology for the ablation of cancer and other chronic health conditions, reported an agreement with Medline Industries (Mundelein, Illinois) for...

American Bio Medica (ABMC; Kinderhook, New York) said that it has begun the manufacturing of diagnostic test strips for Syphilis for Hema Diagnostic Systems (HDS; Miami Beach, Florida), a private manufacturer of rapid diagnostic tests for infectious diseases. HDS will incorporate the ABMC Syphilis test strip into HDS' Rapid 1-2-3 Hema Express delivery system.(PRODUCT BRIEFS)
February 14, 2008... American Bio Medica (ABMC; Kinderhook, New York) said that it has begun the manufacturing of diagnostic test strips for Syphilis for Hema Diagnostic Systems (HDS; Miami Beach, Florida), a private manufacturer of rapid diagnostic tests for...

Illumina.(PRODUCT BRIEFS)(African male genome sequencing)(Brief article)
February 14, 2008... Illumina (San Diego) reported that scientists at the company have sequenced the genome of an anonymous African male (Yoruba from Ibadan, Nigeria), using the Genome Analyzer. Sequencing of this HapMap sample was conducted internally and marks...

T2 Biosystems.(PRODUCT BRIEFS)(Brief article)
February 14, 2008... T2 Biosystems (Cambridge, Massachusetts) reported research findings that support the advancement and development of nanoparticle-based, MR technology that offer rapid, portable diagnostic testing. This research, it said, demonstrates new...

Volcano.(PRODUCT BRIEFS)
February 14, 2008... Volcano (San Diego) reported FDA clearance of the s5-Revo and s5-FFR (fractional flow reserve) options. These two new product offerings now enable rotational IVUS and FFR to operate on the same integrated Volcano s5 imaging system as Volcano's...

Welch Allyn.(PRODUCT BRIEFS)(launch of hand-held video otoscope)(Brief article)
February 14, 2008... Welch Allyn (Skaneateles Falls, New York) reported introduction of its Digital MacroView Otoscope, a hand-held video otoscope with USB connected, plug-and-play capabilities that offers clear, live and still images of the ear canal and tympanic...

Aerocrine AB.(PEOPLE IN PLACES)
February 14, 2008... Aerocrine AB (Solna, Sweden) reported the appointment of Chip Neff as president of Aerocrine's U.S. subsidiary Aerocrine Inc. (Chicago), effective Feb. 25. Neff joins Aerocrine from HemoCue/Quest Diagnostics. Aerocrine AB specializes in...

Joint Commission urges caution for reducing MRI scanner risks.(To avoid 'missiles,' burns ...)(magnetic resonance imaging)
February 21, 2008... The Joint Commission (Oakbrook Terrace, Illinois) last week issued a Sentinel Event Alert urging hospitals and ambulatory care centers to pay special attention to methods for preventing accidents and injuries that can occur during MRI...

Wilkinson new director general of Eucomed trade association.(Report from Europe)(John Wilkinson)(Brief article)
February 21, 2008... Eucomed (Brussels, Belgium), the European medical technology industry association, has named John Wilkinson as its new director general. Wilkinson takes over operational leadership of the trade group from Maurice Wagner, who will leave Eucomed...

In vitro diagnostics of drugs may 'disrupt' pharma markets.
February 21, 2008... PARIS -- Your genetic makeup can be a compass, but it is not a global positioning system able to pinpoint an impending pathology. Nor can it explain why a woman with no genetic imprint for breast cancer, nor even a family history of cancer, can...

FDA eyes allowing information for drug, device off-label use.(In draft guidance form ...)
February 21, 2008... The line between providing information about a healthcare product and promoting and marketing that product is a fine one. But the FDA appears to be moving that line in a way that could expand greater off-label uses of drugs and devices by...

XTend begins remote monitoring program for diabetic patients.(New ventures)
February 21, 2008... XTend Medical (Sun Valley, California) said it has begun a remote diabetic monitoring program and expects 500 patients to be part of it. The program, facilitated through local physicians in Southern California, will remotely monitor...

Signalife.(New ventures)(Brief article)
February 21, 2008... * Signalife (Los Angeles) reported that it has established a division to develop, acquire, or test therapies intended to treat cardiovascular disease at an earlier state and in what the company calls a "more effective manner." From...

Roche says it has enough shares to complete $3.4B Ventana buy.
February 21, 2008... Roche (Basel, Switzerland) said that its wholly-owned subsidiary Rocket Acquisition has accepted for payment all shares tendered pursuant to its tender offer for all outstanding common stock of Ventana Medical Systems (Tucson, Arizona) at...

BG Medicine (Waltham, Massachusetts) and ACS Biomarker (Maastricht, the Netherlands) reported an agreement.(Brief article)
February 21, 2008... * BG Medicine (Waltham, Massachusetts) and ACS Biomarker (Maastricht, the Netherlands) reported an agreement in which BG obtained rights to develop and commercialize a novel clinical diagnostic test for acute atherothrombosis based on a...

Molecular diagnostics company Vermillion (Fremont, California) reported the renewal of a long-standing collaboration.(Brief article)
February 21, 2008... * Molecular diagnostics company Vermillion (Fremont, California) reported the renewal of a long-standing collaboration with Johns Hopkins University (Baltimore) related to the development of novel biomarkers that can be applied toward disease...

Schering-Plough (Kenilworth, New Jersey) and OraSure (Bethlehem, Pennsylvania) have agreed to collaborate on the development and promotion of a rapid oral hepatitis C virus (HCV) test using OraSure's OraQuick technology platform outside the U.S.
February 21, 2008... * Schering-Plough (Kenilworth, New Jersey) and OraSure (Bethlehem, Pennsylvania) have agreed to collaborate on the development and promotion of a rapid oral hepatitis C virus (HCV) test using OraSure's OraQuick technology platform outside the...

Echo adds funds of $2.3 million; Third Wave puts $100M on shelf.(Financings roundup)(Brief article)
February 21, 2008... Echo Therapeutics (Franklin, Tennessee), a diagnostics and pharmaceuticals company, reported completing a private financing of roughly $2.3 million, with Montaur Capital through Platinum Long Term Growth VII and certain other investors, of...

Third Wave Technologies.(Financings roundup)(Brief article)
February 21, 2008... * Third Wave Technologies (Madison, Wisconsin) reported filing a shelf registration statement with the SEC to sell up to $100 million of securities. The company said it has no specific plans to offer the securities covered by the statement...

Advance Nanotech.(Financings roundup)
February 21, 2008... * Advance Nanotech (New York), a developer of chemical detection systems, reported that at a special meeting of shareholders on Feb. 12, a proposal was approved to increase the authorized number of shares of capital stock from 100 million to...

Invitrogen (Carlsbad, California), a provider of life science technologies for research, production and diagnostics, reported it has made a minority investment in Q Therapeutics.(Financings roundup)
February 21, 2008... * Invitrogen (Carlsbad, California), a provider of life science technologies for research, production and diagnostics, reported it has made a minority investment in Q Therapeutics (Salt Lake City), a biotechnology company pursuing cell...

IMI completes $123m BBI buy; Merit reports two purchases.(Deals roundup)(Inverness Medical Innovations)(BBI Holdings )(Brief article)
February 21, 2008... Inverness Medical Innovations (IMI; Waltham, Massachusetts) reported that it has completed its previously disclosed acquisition of BBI Holdings (Cardiff, UK). BBI specializes in the development and manufacture of non-invasive lateral flow...

Quest Diagnostics (Lyndhurst, New Jersey) reported that it has licensed rights to uses of the Septin 9 DNA methylation biomarker from Epigenomics (Berlin) to develop a molecular-based lab test for helping to detect colorectal cancer, based on a patient's blood specimen.(Deals roundup)
February 21, 2008... * Quest Diagnostics (Lyndhurst, New Jersey) reported that it has licensed rights to uses of the Septin 9 DNA methylation biomarker from Epigenomics (Berlin) to develop a molecular-based lab test for helping to detect colorectal cancer, based on...

Enigma Diagnostics.(Deals roundup)(Brief article)
February 21, 2008... * Enigma Diagnostics (Porton Down, UK), a developer of molecular diagnostics systems, reported that it has signed license agreements with Applera (Norwalk, Connecticut) for a Real-Time Instrument patent and an Application Kit license agreement....

Luminos (Ann Arbor, Michigan) reported an exclusive license agreement with the University of Pittsburgh to use its technology to develop and sell detection kits, which contain a new fluorescent sense to detect the rare metals palladium and platinum.(Deals roundup)
February 21, 2008... * Luminos (Ann Arbor, Michigan) reported an exclusive license agreement with the University of Pittsburgh to use its technology to develop and sell detection kits, which contain a new fluorescent sense to detect the rare metals palladium and...

Luminex (Austin, Texas) said it has renewed and expanded Invitrogen's (Carlsbad, California) license and supply agreement for Luminex's multiplexed analyte detection technology and systems.(Deals roundup)(Brief article)
February 21, 2008... * Luminex (Austin, Texas) said it has renewed and expanded Invitrogen's (Carlsbad, California) license and supply agreement for Luminex's multiplexed analyte detection technology and systems. The new agreement extends the lifetime of the...

Biomoda and Medical Acoustics in lung cancer diagnostic pact.(Agreements)
February 21, 2008... Biomoda (Albuquerque, New Mexico), a maker of cancer diagnostics, reported an agreement with Medical Acoustics (Buffalo, New York) to collect lung sputum samples in an upcoming clinical study that will use Biomoda's technology for detection of...

Nonlinear Dynamics (Newcastle Upon Tyne, England), a developer of analysis solutions for proteomics, biomarker discovery and clinical diagnostics, reported it has signed an agreement with UVP (Upland, California).(Agreements)
February 21, 2008... * Nonlinear Dynamics (Newcastle Upon Tyne, England), a developer of analysis solutions for proteomics, biomarker discovery and clinical diagnostics, reported it has signed an agreement with UVP (Upland, California). The agreement covers the...

Waters (Milford, Massachusetts) and Vanderbilt University Medical Center.(Agreements)
February 21, 2008... * Waters (Milford, Massachusetts) and Vanderbilt University Medical Center (VUMC, Nashville) reported collaborative research efforts using Waters Maldi Synapt High Definition MS System for enhanced tissue imaging capabilities for oncology...

ProCure Treatment Centers (Bloomington, Indiana) and the Roberts Proton Therapy Center at the University of Pennsylvania.(Agreements)
February 21, 2008... * ProCure Treatment Centers (Bloomington, Indiana) and the Roberts Proton Therapy Center at the University of Pennsylvania (Philadelphia) reported an agreement to provide advanced training programs and accredit medical professionals in proton...