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Biomedical Technology News
PRIME NEWS
TA Associates makes minority investment in Dr Lal PathLabs
TA Associates, a global growth private equity firm, has acquired a minority investment in Dr Lal PathLabs (LPL) by purchasing half of Sequoia Capitals stake
FDA okays new technology for tracking surgical aids
A new technology that tracks instruments and sponges during surgical procedures has earned clearance from the US Food and Drug Administration
TODAY'S NEWS
  Scientists discover protein that fuels Alzheimer's disease
  Agensys initiates phase I of renal cancer drug
  Pfizer to acquire drug developer FoldRx
  Varian establishes radiotherapy training center in India
  Yongye enters into $59 mn revolving credit facilities
  Ono licenses Concordia's cancer drug in Japan
 
For all your information needs on medtech and biomedical technology devices read BioSpectrum Asia. The portal is updated every morning with the latest biomedical technology news & articles, trends and analysis, business and investment opportunities, medtech research & development breakthroughs, product features, event listings and job postings.
 
 
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Issue: July, 2010
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Are biofuels poised for a leap?
 
 
 
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NEWS
CARD develops innovative therapy for Multiple Sclerosis
Centre For Advanced Research and Development (CARD), of Scalene Cybernetics, a leader in innovative medical technologies is all set to make a pioneering contribution to the world of medicine for the treatment of Multiple Sclerosis
Covidien sells Specialty Chemicals for $280 mn
Covidien has announced that it has completed the previously announced sale of its Specialty Chemicals business to an affiliate of New Mountain Capital, L.L.C. for a cash purchase price of approximately $280 million.
FEATURES
A business model for commercialization
Governments, private sectors and academiaall talk about commercialization. Though their definitions vary, the end objectives are the same; the translation of a technology that has been validated beyond the academic environment.
BioSpectrum AsiaPacific Awards 2010: Emerging Company: Vita Genomics
Vita Genomics has developed six technology platforms such as high throughput screening, short tandem repeat genotyping, SNP genotyping, clinical genomics, functional genomics and bioinformatics
PEOPLE
CogState makes two appointments
Cogstate appoints a Non-Executive director to the Board and a Company Secretary
Dr Martin Karplus wins 2010 Russell Varian Prize for NMR
Agilent Technologies announced Dr Martin Karplus as the winner of the 2010 Russell Varian Prize for excellence in Nuclear Magnetic Resonance Innovation
EVENTS
Asian-Pacific Congress of Clinical Biochemistry to be held in October
he 12th Asian-Pacific Congress on Clinical Biochemistry is scheduled to be held between October 3, and 7, in Seoul, Korea. The event is organized by the Korean Society of Clinical Chemistry.
BIT Life Sciences organizes World Congress of Virus and Infection
BIT Life Sciences has announced its first edition of the World Congress of Virus and Infections (WCVI) to be held between July 31, and August 3, 2010, in Busan, South Korea.
R & D
OvPlex: S Korea study begins for KFDA approval
HealthLinx has finalized research agreements with its collaborators in South Korea to begin the 220 patient study required for South Korea Food and Drug Administration (KFDA) approval for the distribution of OvPlex.
Study suggests up to 70% reduction in dose for PEM imaging
In a recent study presented at the American Association of Physicists in Medicine Annual Meeting, researchers showed that 18FDG dose for Positron Emission Mammography (PEM) may be reduced by as much as 70 percent without altering image quality.
POLICIES
pSivida's Iluvien gets FDA priority review
FDA has granted Priority Review status for pSvida's Illuvien NDA for the treatment diabetic macular edema (DME)
FDA okays new technology for tracking surgical aids
A new technology that tracks instruments and sponges during surgical procedures has earned clearance from the US Food and Drug Administration
PRODUCTS
Agilent launches Sample Prep Workbench
Agilent Technologies has launched the 7696 Sample Prep Workbench, used for automated preparation of analytical samples.
Taiwanese researchers develop pen-size plasma sterilization device
Prof Jiunn-Der Liao of Department of Materials Science and Engineering at National Cheng Kung University (NCKU), Tainan, Taiwan and team develop a pen-size plasma sterilization device.
TRENDS & ANALYSIS
Global insulin pumps market will hit $1 bn by 2016
The global insulin pumps market was valued at $586.4 million in 2009, and is forecast to reach $1,051million in 2016 after growing at a Compound Annual Growth Rate (CAGR) of 9% from 2009 to 2016.
Shortage of reagents to drive Indian IVD market growth
According to healthcare market research publisher Kalorama Information, IVD market in India is expected to enjoy a 15 percent growth rate through 2014
 
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