Night Read (Ohio): Officials gave Amylin $117M to expand… here

State and local officials gave $117 million in tax incentives to win expansion of a West Chester pharmaceutical plant whose owner, Amylin Pharmaceuticals Inc., never had serious intentions to go anywhere else, according to the Cincinnati Enquirer.

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Night Read (Ohio): Cleveland State researcher stumbles on cancer foe

Dr. Michael Kalafatis was working on an experiment in the Cleveland State University Chemistry Department involving blood coagulation when he discovered that a substance he was using killed cancer cells without damaging surrounding tissue.

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Artificial pancreas could be on the four-year horizon — MedCity Evening Read, Jan. 14, 2010

Ohio researchers take note: An experimental artificial pancreas soon will be tested in diabetes patients and could be commercially available in four years.

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LCA-Vision laser vision correction procedures continue decline — MedCity Evening Read, Jan. 5, 2010

Laser vision correction procedure volume by LCA-Vision Inc. in Cincinnati continued to declined in the fourth quarter of 2009, the company reported Tuesday.

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First laid-off workers to receive COBRA subsidies are losing them — MedCity Evening Read, Dec. 1, 2009

Laid-off workers and dependents who were the first to receive federal COBRA subsidies to help pay for health care coverage will lost those subsidies today.

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DATATRAK International posts nearly break-even second quarter

The Cleveland-area company, which offers electronic clinical trials products, reported a net loss of $39,000 in its second quarter, the three months ending June 30. That compares to a loss of $16 million for the same period in 2008. For the last six months, DATATRAK has a net loss of $827,000 compared to an $18.23 million net loss for the same period in 2008.

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DATATRAK delisted from NASDAQ

The company has been in violation of the stock market’s minimum equity rule since last September, but had been appealing and presenting plans on how it planned to meet NASDAQ’s basic standards.

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DATATRAK’s loss widens, revenues fall during restructuring year

DATATRAK International Inc. lost more money and brought in less revenue in 2008 than in 2007. Last year, the company also reorganized operations, cut costs, settled a lawsuit, lost a chief executive and appointed an interim CEO. Now, its interim president since May 2008 is departing.

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Former DataTrak executive Chris Wilke returns to the company

The former vice president at ClickFind was named in a suit last year by Datatrak that said ClickFind didn’t reveal important information during Datatrak’s acquisition of the Texas company in 2006. Now Chris Wilke, an architect of the ClickFind software that makes up Datatrak’s main offering, is the vice president of R & D.

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DataTrak International’s chief executive retires

Jeffrey Green has retired as chief executive of DataTrak International Inc., the Mayfield Heights company that develops software and services for clinical researchers. A search for a new CEO will begin in the next several weeks.

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