Company

Medicis Pharmaceutical company enters pediatric market

Medicis is the leading independent pharmaceutical company in the United States focusing primarily on the treatment of dermatological conditions. Based in Wilmington, Mass., Ascent is a pharmaceutical company primarily dedicated to the specialty of pediatrics. Medicis Pharmaceutical Corporation and Ascent Pediatrics, Inc. today announced that they have entered into a definitive merger agreement un...

Problems Of a Growing Company

A growing waistline is bad for your health, but now a new study says a growing business could also be bad for your health.// When a company downsizes, it often has a negative health impact on workers. Clearly, the workers are concerned about their job and their future. But new research surprisingly shows when a company expands quickly, workers also have health problems. Workplaces that...

Teenagers Take More Risk-Taking Behaviors In The Company Of Same Sex Friends

Teenage drivers may take risk-taking behaviors, like over speeding, more in company of same sex friends than in company of friends of opposite sex. The study was published on-line edition of the journal Accident Analysis and Prevention. // The findings indicate that teen risky driving increases in the presence of teen passengers, particularly male teen passengers. But more...

British company developing ‘Safer Cigarettes

Lung cancer and other cancers are mainly caused by cigarette smoking and smoking with alcohol ten folds increases the risk of cancer occurrence. In order to reduce the risk of cigarette carcinogens, British American Tobacco company is in the process of testing //their new range of “safer cigarette” which they feel will reduce the carcinogen exposure to smokers. The company is testing t...

Australian Company Gets $10 million For Developing Skin Cancer Gel

The skin cancer gel developer Peplin has said that it would speed up the process of human testing of its fast-action cancer cream since it was able to get an amount of $10 //million from institutional investors for this purpose. The company based in Queensland, Australia is developing the PEP005 compound as a treatment for actinic keratosis a pre-cancerous condition that leads to skin...

Elderly People Prefer The Company Of Pet Dogs

A recent research has confirmed that lonely elderly people seek the company of pet dogs rather than fellow human beings. As many as 37 elderly people were surveyed // in the survey, and most of them preferred 30 minute visits from dogs rather people. As a part of the study, half of the senior citizens spent time alone with a dog, while the other half spent time with one to three other nursing hom...

Ossur Acquires the U.S. Orthopaedics Company

Iceland-based Ossur hf., a global orthopaedics company, has acquired Innovation Sports, Inc., a U.S.-based ligament brace maker for $ 38.4 million. The acquisition of Innovation Sports comes on the heels of Ossur's July 2005 acquisition// of Royce Medical in the U.S., and the December 2005 acquisition of IMP Holdings in the U.K. With these acquisitions, and its 2003 acquisition of Gener...

Britain Approves Indian Company For Supplying Medicines

Britain gave the green signal for the Chennai-based Shasun Chemicals and Drugs Ltd on Wednesday for supplying medicines that would soon hit the European markets soon. // With the approval from the British Medicines and Healthcare products Regulatory Agency (MHRA), Shasun's products from its formulation facility in Pondicherry can now be sold in Britain and other European countries. <b...

Drug Company Seeks Approval for Human Testing of Vaccine against H5N1 Virus

British Drug company, PowerMed is seeking approval for conducting the first human trials of experimental vaccine against the deadly strain of avian flu virus H5N1//. The World Health Organisation has reported 97 human cases of avian flu since December 2003, with at least 53 deaths. The company has submitted its plans for the trial to the UK Medicines and Healthcare Products Re...

Drug Company Admits Knowledge Of Side Effects In Monkeys

TeGenero, a German based drug firm that had manufactured TGN-1412, has now admitted that the drug had showed adverse effects//, when tested on monkeys. Four out of the six who were admitted to the intensive care unit of a London based hospital following the drug administration are recovering, according to official reports. The controversial clinical trial had been conducted at Northwi...

Ranbaxy Expands By Acquiring A Generic Company In Belgium

Indian pharmaceutical company Ranbaxy Laboratories Ltd., announced on Thursday about its overseas expansion of acquiring a generics company, Ethimed NV of Belgium. // This is the fourth acquisition announced by the company in a week. The earlier ones included the takeover of Romania's Terapia for $324 million, GlaxoSmithKline Plc's Italian generic business and the purchase of the rights...

Indian Training Company To Train Children In Dubai, Sharjah

OnlySuccess Learning Technologies, a training company based in Chennai, is all set to start its ‘success-training services’ for children in Dubai and Sharjah. // OnlySuccess is an Indian training company for children and adults with flagship programmes 'Born to Win' and 'Superbkids/Superbteens', which use a variety of methodologies to motivate all-round performances. The com...

Pepsi company in a lawsuit(soup)!

Health conscious people here lawyers in California have sued PepsiCo alleging one of its drinks may contain the cancer-causing chemical benzene//. The drink in question is Pepsi Twist drink, and it is the first time one of America's 'big three' soft drinks firms has been drawn into a legal battle. Lawyers Howard Hewell and Howard Rubinstein, allege in the lawsuit, "Pepsi Twi...

GE Healthcare to Acquire Swedish Medical Company

General Electric Co is to buy Swedish medical company Biacore to complement its own healthcare division GE Healthcare, the two companies have announced. // The Fairfield, Connecticut-based GE will purchase Biacore, which specialises in instruments for medical research, for 3.22 billion Swedish kroner ($438 million). Pharmaceutical company Pfizer Inc, which holds a 41 pe...

New Company Will Seek Drugs Against Diabetes and Cancer

A new St. Louis-based company will use a novel technology to rapidly screen thousands of drugs for their effectiveness against two of the biggest health threats// in the United States — diabetes and cancer. Ross Cagan, Ph.D., professor of molecular biology and pharmacology at Washington University School of Medicine in St. Louis and Thomas Baranski, M.D., Ph.D., professor of medicine,...

Drug Company Reports Should be Read with Caution, Warn Doctors

A study published on bmj.com today has found that reviews of drugs which are supported by the pharmaceutical industry are less transparent//, and are more likely to reach favourable conclusion on drugs, than independent reviews. According to the authors, bias in drug trials is common and often favours the trial-sponsor’s product. To balance this effect, independent reviews – which can...

Indian company charged with fraud in supply of Aids test kit

Innumerable faulty test kits well past the expiry date , used to screen blood of donors for HIV//, and Hepatitis B and C infections was found during raids conducted at Calcutta from blood banks across the state supplied to them by a company Monozyme India which had several contracts with the state government of West Bengal . The government is forcibly calling back kits that have been alre...

Ham And Turkeys Recalled From Honeybaked Food Company Due To Listeria Scare

Ohio-based HoneyBaked Foods Inc. has recalled their turkeys and ham products voluntarily due to suspected contamination of Listeria affecting over 47,000 pounds of their// products. It happened only a day after Thanksgiving. The company said that the meat might be tampered with the bacteria Listeria monocytogenes that could be dangerous for those with weakened immune systems. The co...

US Company Develops Better Weight Reduction Pill

A US company claimed to have developed a weight reduction pill, which works better and faster than existing drugs// and also could cut the risk of heart disease, diabetes and cancer. Existing anti-obesity pills generally cut weight by five to 10 percent when taken for a year. But men and women taking Excalia, the new pill developed by Californian biopharmaceutical firm Ore...

Rhode Island Biotechnology Company Develops Tularemia Vaccine

EpiVax, Inc, a leader in genome-derived vaccines, announced today that it has developed a promising tularemia vaccine // candidate (TuliVaxTM) that confers protective immunity. Francisella tularensis is a bacterium considered to be one of the most dangerous potential bioterror agents. This vaccine project was funded by a BioDefense Small Business Innovation Research (SBIR) grant by the...

Milk from Cloned Cows is Not Welcome at the Nation's Biggest Milk Company

Although the government has approved meat and milk from cloned animals while it conducts further studies, Dean Foods Co. of Dallas// said Thursday that its customers and consumers don't want milk from cloned animals. The $10 billion company owns Land O'Lakes and Horizon Organic, among dozens of other brands. "Numerous surveys have shown that Americans are not interested in buying dai...

Drug Company Halts Late-Stage Trial of Sickle-Cell Disease Drug

Drug manufacturer Icagen announced that it has ended its Phase III clinical trial of its sickle-cell treatment senicapoc, citing lack of effectiveness//, the Raleigh News & Observer reports. Sickle-cell disease is a genetic blood disorder primarily affecting blacks, but can also be found Hispanics and people from the Middle East, Southeast Asia and the Mediterranean region....

Health Insurance Company Expands Product Range

ICICI Prudential Life Insurance, India’s No. 1 private life insurer, has further expanded its health insurance portfolio, this time to cover over 1,000 surgical// procedures and hospitalization. With the launch of the new product, Hospital Care, the company moves into the realm of offering products that go beyond covering critical illnesses, and further strengthens its position as a significant p...

InfoLogix, Inc. the Leading Healthcare Technology Company SaysHealthcare Informatics

HATBORO, Pa., InfoLogix, Inc. (OTC Bulletin Board: IFLG), a leading provider of mobile intelligence solutions to over 1,100 hospitals in North America, was identified today as one of the greatest point gainers in the Healthcare Informatics 100-the annual list of top companies by healthcare IT revenue. InfoLogix was ranked #44 on the 2007 list: a 22 point jump over the previous year...