GAN-OBS

Devices & Diagnostics

Diabetes blood test boosted by NeuroMetrix, Nipro pact

Nipro Corp. (TYO:8086) and NeuroMetrix Inc. (NSDQ:NURO) announced a collaboration to market NeuroMetrix’s NC-stat diagnostic nerve testing device. The NC-stat test is a quantitative point-of-care test that evaluates systemic neuropathies like diabetic peripheral neuropathy, a common disease affecting more than half of diabetics which may lead to foot ulcers and limb amputation. This may be […]

Pharma

DARA BioSciences awarded patents for its pain, diabetes drug pipeline

Intellectual property protection for DARA BioSciences‘s drug pipeline just got a little more secure. Raleigh, North Carolina-based DARA (NASDAQ:DARA) has been issued nine patents in the United States and around the world, which gives it additional intellectual property protection for compounds being developed as new treatments for diabetes, obesity, cardiovascular disease and pain. DARA does […]

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Pharma

Thermalin Diabetes closes $2.85M Series A investment round

Next-generation insulin developer Thermalin Diabetes has closed a $2.85 million Series A investment round. The Cleveland-based startup plans to use the funding to step up production of its insulin analogs — new proteins engineered to act like insulin in the body — and continue preclinical testing. The insulin analogs are heat resistant, unlike the natural […]

Devices & Diagnostics

FDA approves Allergan weight-loss Lap-Band for more patients

Allergan's Lap-Band will now be available for a new group of obese patients. It used to be available only to people with a body mass index of 40 or at least 100 pounds over their ideal weight. Now, patients with a body mass index as low as 30 may be eligible to use the innovative medical device for weight loss. The announcement could increase sales by 51 percent to at least $390 million by 2016.