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Medical device consultants mum on conflicts (Morning Read)

Twenty-five out of 32 highly paid consultants to medical device companies in 2007 — or their publishers — failed to reveal the financial connections in journal articles the following year, according to a study released on Monday, the New York Times reported.

Highlights of the important and interesting in the world of healthcare:

“Massive, dramatic system failure.” Twenty-five out of 32 highly paid consultants to medical device companies in 2007 — or their publishers — failed to reveal the financial connections in journal articles the following year, according to a study released on Monday, the New York  Times reported.

Stem Cell Research Advancement Act… again. Sen. Arlen Specter (D-Pennsylvlania) on Monday spoke in favor of a bill — passed and vetoed twice by Pres. George W. Bush — that makes clear Congress’ intent:  to allow federal funds to be used on research that uses stem cells derived from days-old human embryos, which are destroyed in the process, the Los Angeles Times said.

First vaccine-autism award. On the heels of a federal appeals court ruling that denied an association between autism and vaccines, the family of nine-year-old Hannah Poling will receive more than $1.5 million dollars for her life care, lost earnings, and pain and suffering for the first year, CBS News reported.

That’s Allos, to you. Before you put a fork in the venture capital industry, which is widely expected to contract in coming years, consider more than a dozen new firms, including Allos Ventures in Carmel, Indiana, that have popped up since the beginning of 2009, the Wall Street Journal’s Venture Capital Dispatch blog writes.

E-skin could restore sense of touch. UC Berkeley engineers have created a material out of semiconductor nanowires that is as sensitive to touch as human skin that could be used in prostheses to return a sense of touch to amputees and holds other medical promises, according to the medGadget blog.

Burying small businesses in paperwork. An effort to repeal the 1099 tax provision in the new health-care overhaul law that has angered small businesses also could divert $19 billion over 10 years from prevention and other programs, the Wall Street Journal Health blog writes.

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