Navigation Links
Health Robotics Announces $60M Investment by Devon International Group and ITOCHU Inc. in the CytoCare(TM) and i.v.Station(TM PENDING) Robots
Date:11/21/2008

BOZEN, Italy, November 21 /PRNewswire/ -- Health Robotics today announced that it has signed a definitive agreement with Devon International Group (DIG) and its strategic partner ITOCHU International, Inc., whereby DIG and ITOCHU have acquired the exclusive rights to manufacture, market, sub-license, implement, interface, and support Health Robotics' robots in the United States, Canada, Mexico, and the Caribbean Islands. CytoCare(TM) is the world's first and only automated robotic system for the safe preparation of hazardous, patient-specific chemotherapy medications. Originally developed for Oncology Pharmacy, CytoCare(TM) can now also produce Monoclonal Antibodies Therapy IV Admixtures to treat patients with Crohn's disease, Organ Transplants, Multiple Sclerosis, Rheumatoid Arthritis, and Infectious Diseases.

DIG and ITOCHU, a Global Fortune 500 company, will invest $60 million in Health Robotics' products and will immediately take over Health Robotics' existing North American customers and employees. In addition, DIG has signed a definitive agreement to acquire a 13.33% equity stake in Health Robotics, whereby DIG's President and CEO Dr. John A. Bennett will join the board of Health Robotics in December 2008. DIG also acquired exclusive rights to Health Robotics' i.v.Station(TM)pending, an automated robotic solution for non-hazardous IV Admixtures to be demonstrated at the upcoming ASHP Midyear Clinical Meeting at Exhibition, December 7-11 in Orlando. Florida. A new subsidiary, Devon Robotics, will soon be announced by DIG with the purpose to house Health Robotics' U.S. operations. DIG will also execute sales activities with MedSurg Specialty Devices, a subsidiary of ITOCHU, and will seek strategic healthcare partnerships with other key North American companies to optimize the manufacturing, marketing, delivery, implementation, and support of Health Robotics' products throughout North America.

"In the cr
'/>"/>

SOURCE Health Robotics
Copyright©2008 PR Newswire.
All rights reserved

0

GOOD

Page: 1 2 3 4

Related biology technology :

1. BioSpecifics Technologies Corp. to Present at Piper Jaffray 20th Annual Health Care Conference
2. Neurocrine Biosciences to Present at the 20th Annual Piper Jaffray Health Care Conference
3. American HealthChoice Announces the First Sales of the OmniBody Scan
4. Jazz Pharmaceuticals Cancels Presentation Planned for November 19, 2008 at Lazard Capital Markets 5th Annual Healthcare Conference
5. Bavarian Nordic Receives USD 25 Million Milestone Payment After Submission of Important IMVAMUNE(R) Data to The U.S. Health Authorities
6. Mexican Department of Public Health to Launch Screening for Human Papillomavirus (HPV), Cause of Cervical Cancer
7. HEALTHeCAREERS Network Pledges $15,000 to ASRT Foundation for Professional Healthcare Training
8. Savient Pharmaceuticals to Present at the Lazard Capital Markets 5th Annual Healthcare Conference on November 18th
9. Gen-Probe to Webcast Presentation at the Lazard Capital Markets 5th Annual Healthcare Conference
10. Frost & Sullivan Presents CorMatrix Cardiovascular Inc. with 2008 Healthcare Innovation Award for the Treatment of Cardiovascular Disease
11. Beckman Coulter to Present at the Lazard Capital Markets 5th Annual Healthcare Conference

Post Your Comments:
*Name:
*Comment:
*Email:
(Date:11/9/2009)...wswire-Asia/ -- The pharma and biotech sectors are...nies are facing significant,pressure to change wit...calls for,lower prices and a greater regulatory bu... crisis have made the work of creating new drugs h...being forced to globalize their R&D,operations...
(Date:11/9/2009)...t release is a research industry first, allowing v...nd research safety study data to be managed in one...Cedar Knolls, NJ (PRWEB) November 9, 2009 -- Xybio...iled Pristima™ VM, an integrated enterprise ...ck the use and care of veterinary research subject...
(Date:11/7/2009)... Research projects in the areas of ... evening, as Tim Kunisky of Livingston, NJ and the...ubon, PA received the highest honors at the Region...th, Science & Technology, the nation,s premier...www.newscom.com/cgi-bin/prnh/20070904/SIEMENSLOGO ...
(Date:11/6/2009)...ewswire/ -- Myriant Technologies LLC ("Myriant"), ...er of renewable bio-chemicals, Uhde Corporation o...de GmbH, one of the world,s leading engineering co...for the engineering, procurement & constructio... based on renewable feedstocks. The execution of ...
Breaking Biology Technology:Pharma and Biotech Leaders to Converge in Shanghai 2Xybion Unveils Pristima™ VM, an Integrated Enterprise Software Solution for Vivarium and Veterinary Care Management 2Mathematics and Biochemistry Research Earn Top Prize at Nation's Premier High School Science Competition 2Mathematics and Biochemistry Research Earn Top Prize at Nation's Premier High School Science Competition 3Mathematics and Biochemistry Research Earn Top Prize at Nation's Premier High School Science Competition 4Mathematics and Biochemistry Research Earn Top Prize at Nation's Premier High School Science Competition 5Mathematics and Biochemistry Research Earn Top Prize at Nation's Premier High School Science Competition 6Myriant Technologies LLC, Uhde Corporation of America and Uhde GmbH Announce Alliance for Engineering, Procurement & Construction of World Scale Renewable Succinic Acid Plants 2Myriant Technologies LLC, Uhde Corporation of America and Uhde GmbH Announce Alliance for Engineering, Procurement & Construction of World Scale Renewable Succinic Acid Plants 3
...e, April 14 /PRNewswire-FirstCall/,-- Cephalon, In...ean,Commission has granted marketing authorization... fentanyl. EFFENTORA is indicated for the treatmen...ents who are already receiving,maintenance opioid ...alon,to market EFFENTORA in the 27 member states o...
...14 ,ExlService Holdings, Inc. (Nasdaq: EXLS ), a ...nnounced that Rembert de Villa has joined as Head ...ervices offerings focus on,helping clients improve...analytics, streamlining and improving business pro...s. Under the banner of Transformation Services,Rem...
...lights New Small Molecule Drug ...EntreMed, Inc.,(Nasdaq: ENMD ), a clinical-stage ... the treatment of cancer and inflammatory diseases...and mechanism of action data for,its selective kin...8, Mark,R. Bray, Ph.D., Vice President, Research, ...
Other Biology Technology:Cephalon Announces European Commission Approval of EFFENTORA for the Treatment of Breakthrough Cancer Pain 2Cephalon Announces European Commission Approval of EFFENTORA for the Treatment of Breakthrough Cancer Pain 3Cephalon Announces European Commission Approval of EFFENTORA for the Treatment of Breakthrough Cancer Pain 4EXL Announces Appointment of Rembert de Villa as Head of Transformation Services 2EXL Announces Appointment of Rembert de Villa as Head of Transformation Services 3EXL Announces Appointment of Rembert de Villa as Head of Transformation Services 4EntreMed's Kinase Inhibitor, ENMD-2076, Presented During AACR Special Session 2EntreMed's Kinase Inhibitor, ENMD-2076, Presented During AACR Special Session 3
(Date:11/6/2009)...ny with their arboreal hosts. But new research sug...es of choice, the ants can get destructive to neig...November issue of the American Naturalist , is th..., and it reopens a centuries-old debate on the rel...rtain species of plants and trees have cozy relati...
(Date:11/5/2009)...rs (NABT) will recognize Leonard C. Yannielli, pro...Community College (NVCC) in Waterbury, Connecticut...he NABT annual professional development conference...o. , The Evolution Education Award is cosponsore...,(AIBS) and Biological Sciences Curriculum Study ...
(Date:11/4/2009)...ctant to officially endorse green tea as a cancer ...t its protective effects, including results of a n..., a journal of the American Association for Cancer...ancer. , Vassiliki Papadimitrakopoulo, M.D., pr...Head and Neck Medical Oncology at the University o...
Breaking Biology News(10 mins):Ants are friendly to some trees, but not others 2Biologists, educators recognize excellence in evolution education 2Does green tea prevent cancer? Evidence continues to brew, but questions remain 2FDA OKs Single Dose Plan B Emergency Contraceptive 51533 1Arizona researchers to sequence West African rice strain 51528 1Arizona researchers to sequence West African rice strain 51528 2Arizona researchers to sequence West African rice strain 51528 3Hoag Hospital Breast Care Center Recognized as a Certified Quality Breast Center 51526 1Hoag Hospital Breast Care Center Recognized as a Certified Quality Breast Center 51526 2
...hers at Adelaide,s Women,s & Children,s Hospital a...e a world-first discovery that links viral infecti...re-term birth. , The research findings, published...y, are a major step forward in unravelling the mys...ncy. , The research has been conducted by the Sou...
... Mass. Climate change is rapidly transforming the...cidity of seawater, and altering atmospheric and o... this week at the American Association for the Adv...n. , The vastness of our oceans may have engender...from global climate change, said Jane Lubchenco, t...
...GE, Mass. The evolution of human speech was far m...s to link it to a specific gene, says Robert Berwi... , Berwick will describe his ideas about language...n Association for the Advancement of Science on Su...lmaker, and explores the use of evolutionary resea...
Other Biology News:Herpes virus link to complications in pregnancy 2Climate change has major impact on oceans 2Climate change has major impact on oceans 3Climate change has major impact on oceans 4MIT: No easy answers in evolution of human language 2MIT: No easy answers in evolution of human language 3
Mouse Anti-Human CAPG Monoclonal Antibody, Unconjugated, Clone 6D6 from Abnova Corporation
GeneSnap from SYNGENE
DISCOVERLIGHT 6XHIS ARRAY from Pierce Biotechnology, Inc.
Mouse Anti-XAGE2 Polyclonal Antibody, Unconjugated from Abnova Corporation
Biology Products: