Biomarker test company Cleveland HeartLab made a splash recently at TEDMED, with about 500 conference-goers taking the company’s heart inflammation tests.Results of the TEDMED tests showed that 41 percent of those who submitted samples had high cholesterol or low HDL (good cholesterol), 28 percent showed evidence of hardening of the arteries and 12 percent tested [...]
[Read more of this report]What’s your trusted source for health information on the Internet?Cleveland Clinic hopes the answer more and more people come up with to that question is “Health Hub.”The renowned hospital launched the Health Hub site at the end of March “with little fanfare,” but still drew 16,000 visits in April without promotion. The Clinic hopes the [...]
[Read more of this report]Consolidation in the U.S. drug distribution business continues as Cardinal Health (NYSE:CAH) has purchased a Chicago-area regional drug wholesaler, Dik Drug Company.The acquisition was first reported by Adam Fein at Drug Channels and confirmed to MedCity News in a statement from a Cardinal spokeswoman.Dublin, Ohio-based Cardinal said it signed a definitive agreement to acquire Dik [...]
[Read more of this report]Therapeutic hypothermia medical device maker Life Core Technologies, which makes an emergency brain-cooling device, has a new name: Cryothermic Systems.Employing the term “cryo” in the Cleveland-area company’s brand better aligns its name with the company’s products and “will accurately reflect the company’s vision for future growth within its market,” according to a statement from Cryothermic [...]
[Read more of this report]Takeda Pharmaceuticals is a strategic investor in regenerative medicine company Juventas Therapeutics’ upcoming series B round of funding.Juventas’ CEO Rahul Aras discussed the investment during a panel at a meeting of the Ohio Venture Association on Friday.“If you think venture capital due diligence is difficult …” Aras joked, “I think [Takeda] called my mother.”googletag.cmd.push(function() { [...]
[Read more of this report]When the U.S. Food and Drug Administration cleared for the first time a surgical device that can be assembled and disassembled inside a patient’s body, not a lot of people noticed.That’s probably because the manufacturer, a Cincinnati-based surgical products division of Johnson & Johnson called Ethicon Endo-Surgery, hasn’t yet launched the product — and maybe [...]
[Read more of this report]A recently launched website called mdCurrent India is hoping to become a top online destination for Indian physicians.A former executive with publishing company Advanstar is behind the site, which looks to be somewhat analogous to an Indian version of two Advanstar properties aimed at U.S. physicians and health providers — Medical Economics magazine and ModernMedicine.com.“mdCurrent [...]
[Read more of this report]Cardiology medical device company AtriCure (NASDAQ:ATRC) is aiming to begin in the fourth quarter a clinical trial investigating its AtriClip device in the treatment of stroke patients.Before that can happen, though, the Cincinnati-area company must complete development of a next-generation version of the AtriClip, a device used to exclude the left atrial appendage during cardiac [...]
[Read more of this report]Estimates on the size of the U.S. market for treating cardiovascular disease vary, but few doubt the market is big and getting bigger.Americans afflicted with cardiovascular diseases like cardiomyopathy, congestive heart failure, arrhythmia and arteriosclerosis are expected to drive demand for devices that can treat and diagnose these often chronic conditions.“The aging of the population [...]
[Read more of this report]Ever wondered what percentage of U.S. children eat fast food on a given day, or what percentage of weight gain over the last 30 years can be attributed to sugary drinks?If so, the Institute of Medicine has an infographic for you.The infographic is part of a newly released IOM report, “Solving the weight of the [...]
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