The University of Cincinnati College of Medicine has launched an early stage cancer drug development program and phase-1 clinical trials unit for patients who have solid tumors that have resisted cancer therapies.
Northeast Ohio's largest grocery store chain -- Giant Eagle of Pittsburgh, Penn. -- is teaming up with Akron's biggest health system -- Summa Health System -- to operate walk-in clinics inside its supermarkets in Wadsworth and on Kent Road in Stow. Giant Eagle also confirmed it has a deal with University Hospitals to staff retail clinics in its Cleveland-area stores.
Small practices play a critical role in healthcare delivery, but they cannot continue to absorb ever-increasing administrative demands without consequences.
Sales of rapid tests for flu and food-borne illnesses drove Meridian Bioscience Inc. to records in profit and sales for its fiscal fourth quarter and year, that despite a recession-slowed first half of the year.
The test, Quantum Blue Calprotectin, differentiates between inflammatory bowel disease and irritable bowel syndrome. More than 2 million Europeans have inflammatory bowel disease and 30 million have irritable bowel syndrome, according to Meridian, and the company says using the test will avoid unnecessary colon tests and save patients and health systems money.
Meridian Bioscience Inc. has received clearance from the U.S. Food and Drug Administration to add two strains of 2009 H1N1 Influenza A virus -- swine flu -- to the sensitivity claims made by its TRU FLU flu testing devices. Though the company has "avoided speculation" about the potential upsides for revenue and profits because of the global swine flu pandemic, it said Tuesday it expects net income to rise between 15 percent and 20 percent by this time next year.
Demand for swine flu tests and a new test for food-borne bacteria drove Meridian Bioscience Inc. sales and profits to record levels in its third fiscal quarter.
By reducing administrative burden and redesigning workflows around human needs, it creates space for what matters most: connection between clinicians and patients.
Medical laboratories ordered fewer diagnostic test kits and related products from Meridian Bioscience Inc. during the first three months of the year because of a weak global economy, a weak flu season and too many kits already on inventory shelves. Earnings of the Cincinnati, Ohio, life sciences company fell only 1 percent to $7.3 million, or 18 cents a diluted share, from the year-ago quarter, thanks to sales of higher-profit products.
A slowing world economy is beginning to affect the sales growth of life sciences companies.