Omeros notches $13 million in sales of first drug
Seattle biotech Omeros closed 2015 with $13.5 million in revenue, $13.3 million of which came from sales of its first drug, Omidria, the company reported. For the fourth quarter, sales of Omidria...
View ArticleFour candidates identified for UH Cancer Center directorship
The University of Hawaii Cancer Center has named four finalists in its search for the next leader of its Kakaako research facility as director. The four finalists will visit the campus center for two...
View ArticleHere’s where CalChamber stands on two high-profile ballot issues
Worried about employer costs, the California Chamber of Commerce has taken a stand on two high-profile issues headed to the ballot. The chamber opposes a measure that would place price controls on...
View ArticleWhy the medical industry needs system engineers
When KinetX engages in a project for the aerospace industry, we begin by developing a thorough understanding of how the entire system should operate. It’s called the concept of operations (ConOps), and...
View ArticleDelray Beach doctor pleads guilty to scheme with hundreds of misdiagnoses
Delray Beach doctor Issac Kojo Anakwah Thompson pleaded guilty to one count of health care fraud, the U.S. Attorney’s Office for the Southern District of Florida announced Friday. Thompson engaged in a...
View ArticleOR insurance regulators on last year's losses and why things are looking up
Oregon regulators weren’t surprised by the year-end results that health insurance carriers reported last week, based on trends emerging throughout 2015. Oregon’s seven largest insurers lost $171.6...
View ArticleCHI Franciscan partners with Mariners, Sounders to get and keep people healthy
Prevention has become more and more accepted as the health industry's key to keeping people alive and healthy since the passage of the Affordable Care Act, and CHI Franciscan is now partnering with...
View ArticleDruker on why he tapped an engineer to head early detection center
Sadik Esener, an internationally recognized expert in photonics and opto-electronics, wasn’t necessarily an obvious choice to lead Oregon Health & Science University’s major new assault on cancer....
View ArticleThis is the Bernalillo County industry with the most job openings
When it comes to job creation and New Mexico’s economic outlook — the health care industry is a bright spot — bright for its lasting vigor and projected growth. It’s the sector that has more open...
View Article43North winners and others enter state tax breaks program
Eleven startup companies have committed to projects in Buffalo as part of the Start-Up NY tax breaks program. The companies receive a variety of breaks on state and local fees, including an income tax...
View ArticleUC loses startup visionary to biotech incubator, venture fund he helped create
Douglas Crawford, an architect of the University of California's effort to swing biotechnology from academic lab benches to commercial partners and spinouts, has left UC to work full time at a...
View ArticleDallas doctor and Forest Park co-founder guilty in $10M medical fraud scheme
Dr. Richard Ferdinand Toussaint Jr., who co-founded the Forest Park Medical Center system that has spiraled into bankruptcy, faces up to 70 years in prison after being found guilty of committing a $10...
View ArticleThis Tucson startup won latest Venture Madness
A Tucson biotech company beat out 63 startups to win the third annual Venture Madness early-stage business competition in Scottsdale. NuvOx Pharma won a total of $110,000 in grants and investment...
View ArticleBrooks, TLC Health to affiliate under Kaleida Health
Two of the region’s struggling, independent rural hospitals will reunite after a rocky split, affiliating together under Kaleida Health with help from a $57 million state grant. Funding for the...
View ArticleOregon seeks new way of paying for 'health-related' services
After a major brouhaha last year over rate setting, the Oregon Health Authority is asking the federal government for permission to adjust the way it pays for services to allow for more flexibility....
View Article5 takeaways from Health Republic's bold legal move
Health Republic Insurance Co. may have been one of Oregon’s newest and smallest health insurers before it decided to close its doors at the end of last year. But it made an outsize statement last week...
View ArticleIQ Award winner: AssistRx
Outstanding Innovation, health company: AssistRx Headquarters: Orlando Employees: 103 Description: Supports providers in expediting patient access to prescribed specialty therapies. The company’s...
View ArticleNew space, CEO for onetime Martin Shkreli biotech fixer-upper
The South San Francisco company once headed by scorned biotech investor Martin Shkreli, and now wending its way through bankruptcy court, has a new CEO. KaloBios Pharmaceuticals Inc. (OTC: KBIOQ) said...
View ArticleLockton offers free Apple Watch to boost its wellness program
Lockton Cos. Inc. is a pioneer for a new workplace wellness program offered by Chicago-based Vitality Group, that allows associates to earn a free Apple Watch. Vitality Group's Active Rewards program...
View ArticleFrist quizzes GE vet on the future of employer health coverage
For years, health policy experts have predicted that the implementation of the Affordable Care Act would lead to significant upheaval in the way employers provide health insurance. In fact, some...
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