News and notes from the day in MedCity, Ohio:
Shares of Cincinnati-based Kendle International Inc. have plunged 19 percent over the two days since the clinical research organization released a weak earnings report and said it would continue to cut jobs. Kendle shares fell to $17.03 on the NASDAQ Stock Exchange Friday, down $3.95 from Wednesday’s pre-earnings release close of $20.98.
Gov. Ted Strickland has signed House Bill 300, which extends coverage for laid off small-business employees receiving health benefits through the state’s mini-COBRA program to 15 months from its original 12 months, according to Business First of Columbus.
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Researchers from Ohio State University have developed a rapid genotyping method that could help doctors choose the right warfarin doses for patients, according to a EurekAlert! release. The study appears in the March 2010 issue of the Journal of Molecular Diagnostics.
The Cleveland-Cuyahoga County Port Authority has financed an expansion of the Louis Stokes Veterans Affairs Medical Center in Cleveland by issuing $115 million-worth of taxable lease revenue bonds, according to Crain’s Cleveland Business.
The University of Akron College of Nursing on Friday dedicated a new simulation laboratory, which hosts high-fidelity simulation mannequins, including newborn and recently born mannequins capable of simulating a birthing suite experience for students, according to a university release.
Soon after Thursday’s bipartisan health-care summit began, President Barack Obama admitted he was unsure whether it was possible to bridge differences with congressional Republicans. But he still needs to convince many congressional Democrats, too, judging from those in Ohio, according to the Columbus Dispatch.
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Akron Community Health Resources, a low-cost dental practice in Akron, has a new home but the same mission, according to the Akron Beacon Journal.