QLT reduces workforce as first step in its strategic restructure

VANCOUVER, Jan. 18 /PRNewswire-FirstCall/ - QLT Inc. (NASDAQ: QLTI; TSX: QLT) today announced the Company has implemented a reduction in its overall headcount affecting approximately 115 people (or approximately 45%) at its Vancouver headquarters and its U.S. subsidiaries, including members of...

CAHI Says Health Insurers Are Not the 'Problem'

...ratic strategy memos last week; attacking health insurers is official Democratic policy now. Democrats are losing their effort to dramatically restructure the health care system -- not just the health insurance industry -- and they have made a political decision to villainize health insurers in hopes of ...

Full Transcript of House Democrats' Press Conference on Introduction of Health Care Legislation

...o be delayed. We cannot put it off again. We, quite frankly, cannot go home for a recess unless the House and the Senate both pass bills to reform and restructure our health care system. And that is what we're going to be doing in the next three weeks, accomplishing this goal in the House and the Senate...

Arcadia Resources Announces Fourth Quarter and Fiscal 2009 Year-End Results

...ategic plan to sell non-core business units, streamline our business model, restructure our debt and invest additional resources into our high-growth DailyMed prod... Debt Restructuring: In March 2009, Arcadia completed a debt restructure of approximately $24 million in principal amount (plus accrued interest) of...

Breakthrough Nanotechnology Delivers Safe, Nutrition-Packed Cellular Hydration

...at water clings to. Very simply put, the Revive Health process replaces that central particle with a nano-sized nutrient of choice. The water clusters restructure and stabilize around the nutrient, and the stable water clusters are then small enough to move seamlessly into the cells. "Through nanotechnology...

Arcadia Resources Announces Sale of Non-Strategic Businesses

... we extended the majority of our debt to 2012 and raised an additional $3 million," said Richardson. "It's a significant accomplishment to be able to restructure and reduce debt, raise additional working capital and divest of non-core assets - all during difficult industry and macro-economic conditions - and re...

Judge Rejects Quigley's Claims - Karkus Director Candidates Prevail in Federal Court

...rs to protect your investment and ours. We hope that you appreciate and support our earnest efforts. We have no current interest or plans to restructure the Company or sell off any operations. The current board missed this opportunity a long time ago. Cold-Eeze revenues have dropped so precipitously,...

Icahn Issues Open Letter to Amylin Shareholders

... a majority shareholder. This has been a very profitable investment for me. I acquired the debt securities of this company in bankruptcy and helped to restructure its balance sheet and position it as one of the highest rated and financially strong automotive companies in the world today. Misleadingly, they chos...

Young Innovations, Inc. Announces Results for the Quarter Ended March 31, 2009

...arter results. We are pleased that, despite the weak economy, we were able to show significant improvement in operating results following efforts to restructure the business over the past few years. While ongoing changes in product mix and costs related to new product introductions are expected to continue to...

MedPlus Centergy(TM) Suite for Hospitals and HIEs Paves a New, Faster Path to Healthcare Information Technology Benefits

...Columbia. Regional Health Information Organizations (RHIOs) and hospitals can adopt the Centergy suite without complex IT implementation or wholesale restructure of business operations. Through Centergy, their physicians access a national network that includes more than 85 electronic medical record (EMR) vendor...

restructure in Medical Technology

Nuvelo Announces Phase 2 SONOMA-3 Trial Did Not Meet Target Product Profile and Discontinues Alfimeprase Development

...to shut down this program is appropriate for our business." As a result of the decision to discontinue alfimeprase clinical development, Nuvelo will restructure to make additional resources available for its other research and development programs. In connection with the restructuring, the company is reducing ...

restructure in Biological News

Rise or fall of reef fish driven by both economy and ecology

...the current economic crisis can actually offer a "window of opportunity" for western governments, non-governmental organizations (NGOs), and donors to restructure aid and conservation efforts to better tackle root causes of reef decline. While some coral reef conservation projects already do try to consider soci...

Can certain metals repel sharks from fishing gear?

... or slow population recovery. There is concern among scientists and fishery resource managers that severe reductions in elasmobranch populations could restructure marine ecosystems. The sandbar shark, Carcharhinus plumbeus, is one of the largest coastal sharks in the world and can reach lengths of eight feet ...

Saflink and IdentiPHI Announce Merger Agreement

...mmercial and government markets. "Our strategy over the last ten months has remained consistent and clear -- stabilize Saflink's financial condition, restructure our businesses and find the best way to monetize our core technology portfolio. This merger is the culmination of these efforts," said Steve Oyer, CEO...

Saflink and IdentiPHI Announce Merger Agreement

...mmercial and government markets. "Our strategy over the last ten months has remained consistent and clear -- stabilize Saflink's financial condition, restructure our businesses and find the best way to monetize our core technology portfolio. This merger is the culmination of these efforts," said Steve Oyer, CEO...

restructure in Biological Technology

Arpida to Restructure and Focus on Key Projects

REINACH, Switzerland, November 27 /PRNewswire-FirstCall/ -- Arpida announced today that it is refocusing all projects and priorities around the key strategic asset Iclaprim. The company says this is to be seen as a consequence of the negative recommendation of the U.S. Food and Drug Administra...

BioMarin and Genzyme Restructure Aldurazyme 50/50 Joint Venture

BioMarin will Continue to Manufacture; Genzyme will Continue to Market and Sell Aldurazyme NOVATO, Calif. and CAMBRIDGE, Mass., Jan. 3 /PRNewswire-FirstCall/ -- BioMarin Pharmaceutical Inc. (Nasdaq and SWX: BMRN) and Genzyme Corporation (Nasdaq: GENZ ) announced toda...

FCC may restructure to tackle broadband regulation

The Federal Communications Commission is discussing how to rewrite the entire statute that governs how the agency works and how it regulates communications, said Kathleen Abernathy, an FCC Commissioner and graduate of Marquette University. Abernathy spoke to communications executives gathered at...

Angiotech Pharmaceuticals, Inc. announces financial results for the second quarter ended June 30, 2009

...products; our ability to successfully manufacture, market and sell our products; the availability of capital to finance our activities; our ability to restructure and to service our debt obligations; and any other factors referenced in our other filings with the applicable Canadian securities regulatory authorit...

NeoGenomics Reports Second Quarter 2009 Results

...he number of new customers also increased significantly during the quarter. In addition to seasonality, during the second quarter we began to restructure our relationship with our largest customer, a Florida-based oncology services company. During the quarter, we assisted this customer in developing th...

NxStage Reports First Quarter 2009 Financial Results

...s as to whether the Company, based on current projections, has the required resources to fund projected operating requirements, anticipated ability to restructure the Company's GE credit facility, anticipated expansion into the UK and Republic of Ireland through Kimal plc, and other expectations as to future ope...

Global Financial Crisis Making Biotech Business Model Unsustainable, According to Ernst & Young

...crisis," said Jurg Zurcher, Ernst & Young's Biotechnology Leader for Europe, Middle East, India and Africa. "Many are scrambling to raise capital, restructure operations and use deals creatively to survive. Consolidation seems inevitable." New pathways to sustainability The challenge for the in...

Pressure BioSciences, Inc. Reports Record Revenue, Significantly Reduced Operating Loss for the Fourth Quarter of 2008

...f 2008 was extremely difficult for PBI. Faced with a very tough economic climate and decreasing cash, we made the difficult decision to significantly restructure the Company. Changes related to the restructuring program included a reduction in force from twenty to twelve employees, the implementation of signifi...

Cord Blood America Restructures Debt; Projects to be Cash Flow Positive

...nally, today announced an agreement with Shelter Island Opportunity Fund to restructure its current outstanding debt. "The restructuring is a major step forwa... flow. The principals of Shelter Island Opportunity Fund worked with us to restructure our debt, putting us in position to run as a cash flow positive organizatio...

New Genomatica Chemical Process Targets Ailing Ethanol Assets

...rough. As the industry adjusts to changes in demand, smaller farmer-owned or -operated plants will face unique challenges. While larger operations can restructure to lower costs or access capital for upgrades, smaller producers face a more uncertain future. As Genomatica refines the process for MEK and develops ...

restructure in Biological Dictionary

Nuclease

...se : General term for enzymes that catalyze the ... Shop for Nuclease Methods and Protocols - Books at Shop.com. Nucleases are enzymes that restructure or degrade nucleic acid polymers and are vital to the control of... Online Shopping at DirectTextBook.com - Save up to 80%, buy or rent. New and ...