Japan’s Omron triggers med device expansion in India

By Mark Hollmer Japanese conglomerate Omron has pulled the trigger on a major expansion of its med tech business in India. Pharmabiz reports that the maker of blood pressure monitors ...

Nexstim NBS System 4 Delivers Transcranial Magnetic Stimulation for Depression and Stroke Rehab

By GENE OSTROVSKY Nexstim Oy, a Finnish firm, has been approved to market its Navigated Brain Therapy (NBT) System in Europe for treatment of acute depression and as a tool for aiding ...

New follistatin gene therapy for muscular dystrophy gets orphan drug status

By Deanna Pogorelc An experimental drug being developed by Milo Biotechnology for the treatment of certain neuromuscular diseases has been given orphan drug designation by the U.S. ...

Merit Medical Receives FDA Clearance for the Endovascular Snare System

By Rob Kurtz Merit Medical Systems has announced it has received FDA clearance for a new endovascular snare system, according to a news release. The ONE Snare endovascular snare system ...

Raw Milk Linked to Illnesses in Pennsylvania

BY DAN FLYNN Raw milk produced by the Kimberton Farms Dairy and distributed by the four-store Kimberton Whole Foods is making people sick with “severe gastro enteric symptoms,” ...

PAAB releases new pharmaceutical advertising standards

By Julius Melnitzer   The Pharmaceutical Advertising Advisory Board has revised its Code of Advertising Acceptance. The new version is available on the PAAB website and will ...

New drug policy to cut cap prices of 650 common drugs

By RUPALI MUKHERJEE MUMBAI: Prices of 652 commonly used medicines under 27 therapeutic areas are likely to come down by 10-15% once the National Pharmaceutical Pricing Policy 2012 ...

Top EU court upholds AstraZeneca fine over ulcer drug

By Foo Yun Chee and Ben Hirschler (Reuters) – The European Union’s highest court has upheld a 52.5 million euro ($69 million) antitrust fine levied against AstraZeneca ...

FDA says it’s safe to take recalled generic Lipitor

By Brie Zeltner CLEVELAND, Ohio– The Food and Drug Administration revised itsrecommendations about taking generic Lipitor that was recalled by an Indian drug company last month due ...

Baxter Agrees to Buy Sweden’s Gambro for $2.8 Billion

By Meg Tirrell   Baxter International Inc. (BAX), the world’s second-largest maker of dialysis products, agreed to buy Swedish competitor Gambro AB for 18.3 billion kronor ...

Merit dives back into M&A with buy of catheter maker

By Damian Garde   A week after spending $167 million on a GE Healthcare ($GE) unit, Merit Medical Systems ($MMSI) has acquired Medigroup, maker of peritoneal dialysis catheters. Merit ...

BioVentrix receives CE Mark for less invasive device to treat congestive heart failure

By Arundhati Parmar A San Ramon, California startup has received regulatory clearance to market its less invasive therapy for treating congestive heart failure. BioVentrix announced ...
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