Diagnostics & Imaging Week articles from June 2003

Diagnostics & Imaging Week archives from June 2003

Imagyn garners FDA okay for ECOM cardiac monitor.(Imagyn Medical Technologies)(Food and Drug Administration)(endotracheal cardiac output monitor )
June 5, 2003... Imagyn Medical Technologies (Irvine, California), a developer of internal bioelectrical impedance technology, lest week received 510(k) clearance to market its ECOM endotracheal cardiac output monitor in the U.S. This FDA approval permits...

Vital Images expects $19m; Xoft Microtube raises $18m. (Financings roundup).
June 5, 2003... A Diagnostics & Imaging Week Staff Report Vital Images (Plymouth, Minnesota), a medical imaging software company, has secured the agreement of eight accredited institutional investors to purchase 1.5 million shares of common stock at $13.50...

German firm raises EUR 9m for cancer detection efforts. (Report from Europe).
June 5, 2003... A Diagnostics & Imaging Week Staff Report Focused on developing products for early detection, diagnosis and prevention of cancer, mtm laboratories AG (Heidelberg, Germany) raised EUR 9 million in its first closing of a second round of...

Studies cite effectiveness of SpectRx glucose monitoring.(SpectRx Inc.)
June 5, 2003... SpectRx (Norcross, Georgia) has received attention for its laser-based glucose monitoring technology. An article published in Diabetes Technology & Therapeutics suggests that the technology is capable of continuously measuring glucose levels...

Congress told VA healthcare funding not meeting demand.(Department of Veterans Affairs )
June 5, 2003... WASHINGTON -- An "unacceptable" mismatch between the Department of Veterans Affairs (VA) and the Department of Defense (DOD) affects the quality of VA healthcare, a presidential task force told members of the House Committee on Veterans'...

Ciphergen acquires rights to SELDI-TOF in settlement. (Court report).(Brief Article)
June 5, 2003... A Diagnostics & imaging Week Staff Report Ciphergen Biosystems (Fremont, California) said last week that it had settled its lawsuit with LumiCyte (also Fremont) and Molecular Analytical Systems (MAS) relative to patent rights on technology...

Genzyme (Cambridge, Massachusetts) said that a lawsuit has been filed in Massachusetts Superior Court on behalf of holders of its Genzyme Biosurgery unit's common stock. (Court report).
June 5, 2003... * Genzyme (Cambridge, Massachusetts) said that a lawsuit has been filed in Massachusetts Superior Court on behalf of holders of its Genzyme Biosurgery unit's common stock related to the elimination of the corporation's tracking stock structure....

Invivo (Pleasanton, California) said the jury in an age-discrimination trial being conducted in the U.S. District Court for the Middle District of Florida found in favor of the company on all counts. (Court report).(Invivo Corp.)(Brief Article)
June 5, 2003... * Invivo (Pleasanton, California) said the jury in an age-discrimination trial being conducted in the U.S. District Court for the Middle District of Florida found in favor of the company on all counts. The case involved charges levied against...

Orchid, Genetic Technologies cross-license technologies. (Agreements).(Orchid Biosciences Inc.)(Genetic Technologies Ltd.)
June 5, 2003... A Diagnostics & Imaging Week Staff Report Orchid BioSciences (Princeton, New Jersey) and Genetic Technologies (Melbourne, Australia) reported the signing of an agreement under which they will cross-license certain technologies. Under the...

Camstar Systems (Campbell, California) said that Caliper Technologies (Mountain View, California) selected Camstar's InSite to manage the production of Caliper's LabChip product line. (Agreements).(Camstar Systems Inc.)(Caliper Technologies Corp.)(Brief Article)
June 5, 2003... * Camstar Systems (Campbell, California) said that Caliper Technologies (Mountain View, California) selected Camstar's InSite to manage the production of Caliper's LabChip product line. The Camstar system is designed to streamline operations,...

Cytyc (Boxborough, Massachusetts) entered a multi-year collaborative sponsored research agreement with Harvard Medical School (Boston, Massachusetts) focused on the discovery of new molecular markers associated with the development and progression of neoplasia of the cervix, breast and other organs. (Agreements).(Cytyc Corp.)(Brief Article)
June 5, 2003... * Cytyc (Boxborough, Massachusetts) entered a multi-year collaborative sponsored research agreement with Harvard Medical School (Boston, Massachusetts) focused on the discovery of new molecular markers associated with the development and...

Exact Sciences (Maynard, Massachusetts) and Genzyme Genetics, a division of Genzyme Corp. (Cambridge, Massachusetts) said they signed a royalty-free cross-license agreement covering 15 technology patents that might be useful to the development of diagnostic products and services for their respective businesses. (Agreements).(Exact Sciences Corp.)(Genzyme Genetics Corp.)(Brief Article)
June 5, 2003... * Exact Sciences (Maynard, Massachusetts) and Genzyme Genetics, a division of Genzyme Corp. (Cambridge, Massachusetts) said they signed a royalty-free cross-license agreement covering 15 technology patents that might be useful to the...

Genaissance Pharmaceuticals (New Haven, Connecticut) and Prometheus Laboratories (San Diego, California) expanded their agreement under which Prometheus licensed rights from Genaissance to a thiopurine 5-methyl-transferase diagnostic test. (Agreements).(Genaissance Pharmaceuticals Inc.)(Prometheus Laboratories Inc.)(Brief Article)
June 5, 2003... * Genaissance Pharmaceuticals (New Haven, Connecticut) and Prometheus Laboratories (San Diego, California) expanded their agreement under which Prometheus licensed rights from Genaissance to a thiopurine 5-methyl-transferase diagnostic test....

Inimex Pharmaceuticals (Vancouver, British Columbia) and Genicon Sciences (San Diego, California) formed a collaboration to discover diagnostics and therapeutics for infectious diseases. (Agreements).(Brief Article)
June 5, 2003... * Inimex Pharmaceuticals (Vancouver, British Columbia) and Genicon Sciences (San Diego, California) formed a collaboration to discover diagnostics and therapeutics for infectious diseases. Genicon will provide reagents, instrumentation and...

PamGene International BV ('S-Hertogenbosch, the Netherlands) said it granted further rights to market its flow-through microarray technology to Olympus Optical Co. (Tokyo), which paid EUR 6 million. (Agreements).(Brief Article)
June 5, 2003... * PamGene International BV ('S-Hertogenbosch, the Netherlands) said it granted further rights to market its flow-through microarray technology to Olympus Optical Co. (Tokyo), which paid EUR 6 million. Olympus gained a nonexclusive worldwide...

CAS Medical Systems awarded SBIR grant for CBF monitor. (Grants/contracts).(Small Business Innovative Research)(cerebral blood flow)(Brief Article)
June 5, 2003... A Diagnostics & Imaging Week Staff Report CAS Medical Systems (Branford, Connecticut) said it has been awarded a new Phase I Small Business innovative Research (SBIR) grant from the National Institute of Neurological Disorders and Stroke of...

SpectRx (Norcross, Georgia), Boston University School of Public Health (Boston, Massachusetts) and Childrens Hospital Los Angeles (Los Angeles, California) have been awarded a two-year, $1.5 million contract. (Grants/contracts).
June 5, 2003... * SpectRx (Norcross, Georgia), Boston University School of Public Health (Boston, Massachusetts) and Childrens Hospital Los Angeles (Los Angeles, California) have been awarded a two-year, $1.5 million contract from the National Institute on...

New corporate entity formed. (Grants/contracts.(Brief Article)
June 5, 2003... Medwave (Danvers, Massachusetts) said that its stockholders have approved a proposal to change the company's state of incorporation from Minnesota to Delaware. More than 96% of the shares voted on the matter approved the reorganization. The...

Apogent Technologies. (Financings roundup).(Apogent Technologies Inc.)
June 5, 2003... * Apogent Technologies (Portsmouth, New Hampshire) said that it has closed its previously announced private placement of $250 million of 6 1/2% senior subordinated notes due 2013. Apogent's obligations are guaranteed by certain of its U.S....

MicroSignal's (Canonsburg, Pennsylvania) board of directors confirmed that 93.8 million shares of the company's common stock were cancelled. (Financings roundup).(Brief Article)
June 5, 2003... * MicroSignal's (Canonsburg, Pennsylvania) board of directors confirmed that 93.8 million shares of the company's common stock were cancelled, and that a proposed business transaction with Mercatus Partners was cancelled by mutual agreement....

New structure for DakoCytomation. (Report from Europe).(Brief Article)
June 5, 2003... DakoCytomation (Glostrup, Denmark) has established two global strategic business units--the Life Sciences Strategic Business Unit and Diagnostics Strategic Business Unit--to carry forward its focus on cancer research and diagnostics. ...

Axeda, TietoEnator in DRM agreement. (Report from Europe).(Axeda Systems)(Device Relationship Management )(Brief Article)
June 5, 2003... TietoEnator (Espoo, Finland), a provider of information technology consulting and system integration services in the Scandinavian countries, has entered into an agreement with Axeda Systems (Mansfield, Massachusetts) to jointly market the Axeda...

Quidel, other firms eye SARS test.(severe acute respiratory syndrome)(Quidel Corp.)(Brief Article)
June 5, 2003... S. Wayne Kay, president and chief executive officer of Quidel (San Diego, California), and Paul Lawrence, PhD, chief technology officer, were among diagnostic company representatives who attended a meeting held in Washington late last month to...

Program to promote comfortable mammograms.(Brief Article)
June 5, 2003... To help more women get regular mammograms and to assist healthcare organizations in more effectively reaching the competitive women's market, CPM Marketing Group (Middleton, Wisconsin) and BioLucent (Aliso Viejo, California) have combined their...

E-Z-EM to close two facilities.(Brief Article)
June 5, 2003... E-Z-EM (Lake .Success, New York) late last week reported plans to close its device manufacturing facility in San Lorenzo, Puerto Rico, as well as its heat-sealing operation in Westbury, New York. The company said it would be entering into...

Healthcare Technologies. (Earnings).(Brief Article)
June 5, 2003... * Healthcare Technologies (Ashdod, Israel) said revenues in the first quarter ended March 31 increased to 54,3 million from $4.1 million in 1Q02, with net income of $20,000 or 0 cents a share vs. a loss of $481,000 or 6 cents a share in the...

Microbix Biosystems. (Earnings).(Microbix Biosystems Inc.)(Brief Article)
June 5, 2003... * Microbix Biosystems (Toronto, Ontario) said sales in the second quarter ended March 31 were down slightly to C$744,124 from C$751,907 for the prior-year period. The net loss doubled to C$77,950 from C$33,324 in the year-earlier quarter. For...

Ameripath. (People in Places).(AmeriPath Inc.)(Brief Article)
June 5, 2003... * David Redmond has been named executive vice president and chief financial officer of AmeriPath (Riviera Beach, Florida), a provider of cancer diagnostics, genomics and related information services. He previously was CFO for Accentia, a...

Calypte Biomedical. (People in Places).(Calypte Biomedical Corp. )(Brief Article)
June 5, 2003... * Jay Oyakawa has been appointed president and chief operating officer of Calypte Biomedical (Alameda, California). He previously held senior management positions at TechProdX and NameSafe Inc. Calypte is the developer of the only two...

GeneThera. (People in Places).(Brief Article)
June 5, 2003... * Gary Langstaff has been named chief operating officer of GeneThera (Wheat Ridge, Colorado),joining the company from 1919 LLC, a business and product development company that has done work for GeneThera for the past four year. GeneThera...

Laser Diagnostic Technologies. (People in Places).(vice president selected)(Brief Article)
June 5, 2003... * James Carter has been named vice president, U.S. sales, for Laser Diagnostic Technologies (San Diego. California). In the ophthalmic diagnostic equipment market, Carter held numerous senior positions with Humphrey Instruments/Carl Zeiss,...

Molecular Diagnostics. (People in Places).(Molecular Diagnostics Inc. selects president and chief financial officer)(Brief Article)
June 5, 2003... * Dennis Bergquist has been named president and chief financial officer of Molecular Diagnostics (MDI; Chicago, Illinois). Bergquist has held senior-level positions with numerous companies and has been a long-time shareholder of MDI, a...

Natus Medical. (People in Places).(employee promotions)(Brief Article)
June 5, 2003... * Steven Murphy has been promoted to vice president, finance at Natus Medical (San Carlos, California). He has been director of finance and controller of the company since September 2002 and replaces Glenn Bauer, who resigned to pursue other...

Paradigm Medical (People in Places).(Paradigm Medical Inc. selects chief financial officer)(Brief Article)
June 5, 2003... * Greg Hill has been appointed chief financial officer and vice president of finance at Paradigm Medical (Salt Lake City, Utah). He replaces Heber Maughan, who is leaving to pursue other interests. Prior to joining Paradigm Medical, Hill was...

Sequenom. (People in Places).(Sequenom Inc. selects vice presidents)(Brief Article)
June 5, 2003... * John Nestor, PhD, has joined Sequenom (San Diego, California) as executive vice president of drug discovery and Michael Terry has joined the company as executive vice president of sales and marketing. Nestor most recently served as president...

Imaging Diagnostic Systems. (Product Briefs).(diagnostic imaging patent)(Brief Article)
June 5, 2003... * Imaging Diagnostic Systems (Fort Lauderdale, Florida) said patent No. 6,571.116 was awarded by the U.S. Patent and Trademark Office. The parent discloses simultaneous acquisition of several wavelengths of light during an optical computed...

Ortho-Clinical Diagnostics. (Product Briefs).(Brief Article)
June 5, 2003... * Ortho-Clinical Diagnostics (Raritan, New Jersey), a Johnson & Johnson company, said that its Micro Typing Systems subsidiary received 510(k) clearance from the FDA to begin marketing the Ortho ProVue, the first fully automated blood banking...

Tomen America (New York) and Nippon Kayaku (Tokyo) reported submission of a 510(k) premarket notification to the FDA for the GlycoMark test as an in vitro diagnostic product to monitor glycemic control in patients with diabetes. (Product Briefs).(Tomen America Inc.)(Nippon Kayaku Company Ltd.)(Brief Article)
June 5, 2003... * Tomen America (New York) and Nippon Kayaku (Tokyo) reported submission of a 510(k) premarket notification to the FDA for the GlycoMark test as an in vitro diagnostic product to monitor glycemic control in patients with diabetes. The GlycoMark...

Caliper Technologies to acquire Zymark for $57 million and stock. (Deals roundup).
June 12, 2003... Microfluidics and labchip specialist Caliper Technologies (Mountain View, California) earlier this week said it has agreed to acquire Zymark (Hopkinton, Massachusetts), a privately held firm specializing in the development of laboratory...

Imaging system clearance gives Cytyc 'another leg of growth.
June 12, 2003... Cytyc (Boxborough, Massachusetts) Chairman, President and Chief Executive Officer Patrick Sullivan said the FDA's approval of the ThinFrep Imaging System, just announced, is "a dream realized," noting that the company's growing technological...

Earlier diagnosis is focus of BUPA's men's health effort. (Report from Europe).(Brief Article)
June 12, 2003... A recent survey of members of Parliament (MPs) conducted by BUPA (London), the giant healthcare insurance/hospital organization, revealed a broad-based belief that men are not getting enough information about their health. The survey indicated...

Sensant unveils first images via new Silicon Ultrasound.
June 12, 2003... Sensant (San Leandro, California) unveiled the first Silicon Ultrasound images taken in a clinical setting at the recent meeting of the World Federation of Ultrasound in Medicine and Biology in Montreal, Quebec. The company said the images...

Atherotech in $11m 'E' round; Cytogen raises $5m privately. (Financings roundup).
June 12, 2003... Greer Capital Advisors completed the first close of $5.8 million in a private offering of up to $11 million in Series E financing for Atherotech (Birmingham, Alabama), a cardiodiagnostics company. The company said it would use the proceeds...

Cardiodynamics. (Financings roundup).(Brief Article)
June 12, 2003... * Cardiodynamics (San Diego, California), a developer of Impedance Cardiography (ICC) technology and manufacturer of BioZ noninvasive cardiac function monitoring systems, reported that 1 million shares of the company's stock were purchased from...

Study: MRI no more effective than X-ray for lower back pain.
June 12, 2003... Clearer imaging doesn't always offer a better diagnostic/therapeutic pathway, according to a new study. Offering an illustrative case study, one of the newest tools to diagnose lower back pain offers no additional benefit over the traditional...

Inverness settles with Pfizer, will supply pregnancy tests. (Court report).
June 12, 2003... Inverness Medical Innovation (Waltham, Massachusetts), a provider of women's health products and developer of advanced medical device technologies, said it has settled its patent litigation with a subsidiary of Pfizer (New York). In...

New Mediscience unit aims at light-based prostate diagnosis.
June 12, 2003... Mediscience Technology (Cherry Hill, New Jersey), a diagnostic device company, last week reported the formation of Proscreen as a wholly owned subsidiary to develop a new less-invasive clinical application for diagnosing prostate cancers...

Ciphergen's ProteinChip used in hunt for SARS biomarkers. (Fighting back).
June 12, 2003... Ciphergen Biosystems (Fremont, California) said multiple groups are using its ProteinChip Technology--Including Health Canada's National Microbiology Lab (Winnipeg, Manitoba), Belling Clinical SARS Testing Center (Beijing, China) and the...

CDC distributes SARS test to specialized labs.(Brief Article)
June 12, 2003... The Centers for Disease Control and Prevention (CDC; Atlanta, Georgia) last week began offering a new experimental laboratory test for patients suspected of being infected with the severe acute respiratory syndrome GARS) virus to about 100...

Ciphergen Biosystems (Fremont, California) said Toronto Medical Laboratories (TML, Toronto, Ontario) has acquired Ciphergen's AutoBiomarker ProteinChip System. (Deals roundup).(Brief Article)
June 12, 2003... * Ciphergen Biosystems (Fremont, California) said Toronto Medical Laboratories (TML, Toronto, Ontario) has acquired Ciphergen's AutoBiomarker ProteinChip System, with an objective of pursuing targeted assay development projects aimed at...

American Enterprise (Tampa, Florida) said it completed a merger acquisition of NanobacLabs Pharmaceuticals (also Tampa) through a common stock share exchange with NanobacLabs' majority shareholders. (Deals roundup).(Brief Article)
June 12, 2003... * American Enterprise (Tampa, Florida) said it completed a merger acquisition of NanobacLabs Pharmaceuticals (also Tampa) through a common stock share exchange with NanobacLabs' majority shareholders. NanobacLabes has developed the nanobiotics,...

Depth-of-anesthesia monitor launched. (Report from Europe).(Brief Article)
June 12, 2003... Audiomedix (Glasgow, Scotland) and Medical Device Management Ltd. (MDM; Essex, UK) last week reported the launch of the aepEX monitor, which the companies described as "a device that will revolutionize surgery." The aepEX monitor measures the...

LSE changes aimed at foreign company listings. (Report from Europe).
June 12, 2003... The London Stock Exchange has tweaked the admission procedures required for its Alternative Investment Market (AIM), making it easier, quicker and potentially cheaper for foreign publicly listed companies to obtain a secondary listing in the...

Distribution deal in Japan for Bio-Rad's A1c products. (Agreements).
June 12, 2003... A Diagnostics & Imaging Week Staff Report Sysmex (Tokyo) will distribute diabetes diagnostics products made by Bio-Rad Laboratories (Hercules, California) throughout Japan beginning July 1 under a newly signed distribution agreement. ...

Ciphergen Biosystems of (Fremont, California) said Toronto Medical Laboratories (Toronto, Ontario) acquired Ciphergen's AutoMarker Protein Chip System to pursue targeted assay development projects aimed at identifying protein biomarkers for commercial diagnostic tests. (Agreements).(Brief Article)
June 12, 2003... * Ciphergen Biosystems of (Fremont, California) said Toronto Medical Laboratories (Toronto, Ontario) acquired Ciphergen's AutoMarker Protein Chip System to pursue targeted assay development projects aimed at identifying protein biomarkers for...

Digene (Gaithersburg, Maryland) has entered into an agreement with PDI (Upper Saddle River, New Jersey) whereby PDI will establish a physician detailing sales organization dedicated solely to promoting the DNAwithPap Test in the U.S. Under the agreement, PDI is expected to organize approximately 34 detailing reps to be in place by August. (Agreements).(Brief Article)
June 12, 2003... * Digene (Gaithersburg, Maryland) has entered into an agreement with PDI (Upper Saddle River, New Jersey) whereby PDI will establish a physician detailing sales organization dedicated solely to promoting the DNAwithPap Test in the U.S. Under...

Caliper Technologies (Mountain View, California) and Bio-Rad Laboratories (Hercules, California) entered a multi-year product development and commercialization agreement to develop and market a microfluidics instrument system for worldwide distribution. (Agreements).(Brief Article)
June 12, 2003... * Caliper Technologies (Mountain View, California) and Bio-Rad Laboratories (Hercules, California) entered a multi-year product development and commercialization agreement to develop and market a microfluidics instrument system for worldwide...

Richardson Electronics (Lafox, Illinois), a provider of engineered solutions for the medical display systems market, entered into an agreement with IBM (White Plains, New York) to deliver integrated workstation and display solutions to the medical imaging market. (Agreements).(Brief Article)
June 12, 2003... * Richardson Electronics (Lafox, Illinois), a provider of engineered solutions for the medical display systems market, entered into an agreement with IBM (White Plains, New York) to deliver integrated workstation and display solutions to the...

AD PathLabs. (People in Places).(Brief Article)
June 12, 2003... * Michael Hanbury, PhD, has been named chief operating officer of AD PathLabs (Newport Beach, California), a provider of outsourced anatomic pathology services. Previously Hanbury was senior vice president of laboratory operations and chief...

Planar Systems. (People in Places).(Brief Article)
June 12, 2003... * Steve Flieder has been named vice president and general manager of Planar Systems' (Beaverton, Oregon) medical business based in Waltham, Massachusetts. He has more than 10 years of experience at GE Medical Systems and Siemens Medical...

Baylor College of Medicine (Houston, Texas) and The Methodist Hospital (also Houston) have developed a test to predict which breast cancer tumors would respond to chemotherapy. (Product Briefs).(Brief Article)
June 12, 2003... * Baylor College of Medicine (Houston, Texas) and The Methodist Hospital (also Houston) have developed a test to predict which breast cancer tumors would respond to chemotherapy. Data on the test were presented at the recent American Society of...

BioCurex. (Product Briefs).(Brief Article)
June 12, 2003... * BioCurex (Rancho Santa Margarita, California) said that it has started an evaluation of the company's RECAF--based cancer detection kits in Japan. The project will involve major research and hospital centers in Japan, including the Shigei...

Canon USA. (Product Briefs).(Brief Article)
June 12, 2003... * Canon USA's (Irvine, California) Medical Systems Division said it showed several new digital radiography (DR) products at the recent Symposium for Computer Applications in Radiology (SCAR) in Boston, Massachusetts, that feature a variety of...

Exact Sciences. (Product Briefs).(Brief Article)
June 12, 2003... * Exact Sciences (Maynard, Massachusetts) said the Clinical Colorectal Cancer Journal published results from a recent study of the company's PreGen-Plus technology in a population at average risk for developing colorectal cancer. Pre-Gen...

Genesis Bioventures (New York) said its portfolio company, Prion Developmental Laboratories, is in late-stage. development of its rapid lateral flow tests. (Product Briefs).(Brief Article)
June 12, 2003... * Genesis Bioventures (New York) said its portfolio company, Prion Developmental Laboratories, is in late-stage development of its rapid lateral flow tests for transmissible spongiform encephalopathies such as bovine spongiform encephalopathy,...

i-STAT. (Product Briefs).(Brief Article)
June 12, 2003... * i-STAT (East Windsor, New Jersey) reported its submission of a 510(k) premarket notification with the FDA for the new 10-minute i-STAT System Cardiac Troponin I (cTnI) test. A portion of the data used to support this submission had previously...

Varian Medical Systems. (Product Briefs).(Brief Article)
June 12, 2003... * Varian Medical Systems (Palo Alto, California) has received 510(k) clearance from the FDA to market a new version of its VariSeed treatment planning software for permanent seed implant brachytherapy, used in treating prostate cancer. VariSeed...

Cytyc, TriPath Imaging launch imaging system patent fight. (Court report).
June 19, 2003... Cytyc (Boxborough, Massachusetts) and TriPath Imaging (Burlington, North Carolina) have filed suits against one another, thereby launching a battle over their key diagnostic imaging system patents. On Monday, in a pre-emptive action, Cytyc...

UK firm in deal with German company on SARS diagnostic. (Report from Europe).(Brief Article)
June 19, 2003... DxS Ltd. (Manchester, UK) said Tuesday it has licensed its Scorpions technology to Minerva Biolabs GmbH (Berlin, Germany) to support the development of a real-time diagnostic test for the severe acute respiratory syndrome (SARS) virus by the...

Tight control in Type 1 diabetes promotes clear cardio benefits. (American Diabetes Association conference).
June 19, 2003... New research unveiled at the annual conference of the American Diabetes Association (ADA; Alexandria, Virginia) indicates that tight control of Type 1 diabetes pays off in reduced atherosclerosis and other complications years later--even if...

'Second chance' for glaucoma test as result of new study.
June 19, 2003... InSite Vision's (Alameda, California) OcuGene Glaucoma Genetic Test is getting a second chance to succeed as a test used to determine the likelihood of glaucoma progressing rapidly to blindness. The test, introduced in October 2001, was...

Axeda, IBM Life Sciences in collaboration on DRM service. (Agreements roundup).(Brief Article)
June 19, 2003... Axeda Systems (Mansfield, Massachusetts), a provider of device relationship management (DRM) software and services, has signed an agreement with IBM Life Sciences to serve as a device and diagnostics partner. The companies will collaborate...

E-Z-EM (Lake Success, New York) has entered a distribution agreement with Micro Direct (Manchester, UK) to market the H2 Breath Meter--a hand-held screening tool for the malabsorption of lactose or other sugars.(Brief Article)
June 19, 2003... * E-Z-EM (Lake Success, New York) has entered a distribution agreement with Micro Direct (Manchester, UK) to market the H2 Breath Meter--a hand-held screening tool for the malabsorption of lactose or other sugars. Under the terms of the...

Perceptive Informatics (Boston, Massachusetts), a subsidiary of Parexel International (Waltham, Massachusetts), has entered an agreement to market the LifeShirt System developed by VivoMetrics.(Brief Article)
June 19, 2003... * Perceptive Informatics (Boston, Massachusetts), a subsidiary of Parexel International (Waltham, Massachusetts), has entered an agreement to market the LifeShirt System developed by VivoMetrics. The LifeShirt System is described as the first...

International Remote Imaging subsidiary awarded SBIR grant. (Grants/contracts).
June 19, 2003... International Remote Imaging Systems (Chatsworth, California), which makes automated IVD urinalysis systems and medical devices used in hospitals and reference clinical laboratories worldwide, said its Advanced Digital Imaging Research (ADIR;...

Axonyx raises $2.9M through warrants and private placement. (Financings roundup).(Brief Article)
June 19, 2003... Axonyx (New York) reported that it is raising $2.9 million through the exercise of outstanding warrants and the private placement of shares of the company's common stock. The company offered holders of warrants convertible at $3.91 per share...

Sweden buys Igen's bio-agent detection products.(Brief Article)
June 19, 2003... The Swedish Defense Research Agency (Stockholm, Sweden) has purchased Igen International's (Gaithersburg, Maryland) biological agent detection products, making the agency the company's first European customer to use its biodefense products...

Schroder closes 'young companies' fund.(Brief Article)
June 19, 2003... Schroder Ventures Life Sciences (SVLS; Boston, Massachusetts/London) reported the final closing of its third fund, with total commitments of $402 million, enough to back 30 to 35 companies over the next four to six years. While not...

Fischer Imaging.(Brief Article)
June 19, 2003... * Fischer Imaging (Denver, Colorado) reported that as it continues its analysis and restatement of prior years' financial statements, it has received notice of a formal order of investigation and a subpoena from the Securities and Exchange...

Schick Technologies.
June 19, 2003... Schick Technologies (Long Island City, New York) reported that the company and its CEO, David Schick, have received notifications from the staff of the Securities and Exchange Commission of an intention to recommend that the commission...

Bayer HealthCare.(Brief Article)
June 19, 2003... * Bayer HealthCare's Diagnostics Division (Tarrytown, New York) rolled out to the U.S. market the Bayer Ascensia Breeze Blood Glucose Monitoring System. The meter's design is intended to eliminate complexity and make monitoring blood glucose...

TheraSense.(Brief Article)
June 19, 2003... * TheraSense (Alameda, California), a leader in glucose monitoring and the manufacturer of the less-painful FreeStyle system, unveiled the FreeStyle Flash system which it said includes the world's smallest glucose meter. The FreeStyle Flash is...

Results of a prospective, multi-center study showed that the availability of lipoprotein subclass testing (Vertical Auto Profile--VAP--Cholesterol Test) increased use of lipid-lowering therapy by 59% in high-risk patients with Type 2 diabetes.(Brief Article)
June 19, 2003... * Results of a prospective, multi-center study showed that the availability of lipoprotein subclass testing (Vertical Auto Profile--VAP--Cholesterol Test) increased use of lipid-lowering therapy by 59% in high-risk patients with Type 2...

Cygnus (Redwood City, California) reported data showing that standard diabetes care in children and adolescents (ages 7 to 17).(Brief Article)
June 19, 2003... * Cygnus (Redwood City, California) reported data showing that standard diabetes care in children and adolescents (ages 7 to 17), assisted by regular use of the GlucoWatch Biographer in conjunction with self-monitoring blood glucose testing, is...