Vascular Files Patent Infringement Complaint Against Boston Scientific; Tesaro Demonstrate Activity in Ovarian and Breast Cancer Print E-mail
By Staff and Wire Reports   
Thursday, 16 May 2013 19:20
Below is a look at some of the headlines for companies that made news in the healthcare sector on May 16, 2013.

Vascular Solutions (Nasdaq: VASC)
announced it has filed a patent infringement complaint in the U.S. District Court for the District of Minnesota against Boston Scientific Corporation (NYSE: BSX). The complaint alleges that Boston Scientific has infringed three patents owned by Vascular Solutions concerning rapid exchange guide extension technology by manufacturing and selling its Guidezilla™ guide extension catheter which received 510(k) clearance in March 2013. Vascular Solutions is seeking an injunction against Boston Scientific prohibiting the manufacture and sale of its Guidezilla catheter as well as damages for lost profits and legal costs.

U.S. Patents 8,048,032, 8,142,413 and 8,292,850, comprising 60 claims in total and having an initial filing date of May 2006, were issued by the U.S. Patent & Trademark Office to Howard Root, et. al. and assigned to Vascular Solutions concerning rapid exchange guide extension technology. These patents form the basis for Vascular Solutions' GuideLiner® catheter, the first and until now only rapid exchange mother-and-child guide extension catheter. Since its launch in 2009, the GuideLiner catheter has been described by prominent interventional cardiologists as an "indispensable tool," a "game-changing device," and a catheter that "makes impossible cases possible."

"Boston Scientific's Guidezilla is one of the most blatant plagiarisms of a patented medical device that I have ever encountered," said Howard Root, Chief Executive Officer of Vascular Solutions. "Virtually every substantive aspect of our GuideLiner product and patents, from the design to the dimensions to even the exact words used in the product's deployment instructions, has been misappropriated by Boston Scientific and applied to their Guidezilla catheter. We do not take the initiation of patent litigation lightly, but this is exactly the type of conduct that patents were intended to protect – a small medical device company creating a completely new and innovative product only to be flagrantly violated by a knock-off brazenly marketed by the world's largest interventional cardiology company. We intend to move quickly to stop this violation of our rights."


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TESARO (Nasdaq: TSRO)
, an oncology-focused biopharmaceutical company, announced final results from a Phase 1 trial of niraparib, an inhibitor of poly ADP-ribose polymerase (PARP), will be presented at the American Society of Clinical Oncology (ASCO) annual meeting in Chicago. These results include anti-tumor activity and safety data for 100 patients with solid tumors, including 49 patients with high grade serous ovarian cancer (HGSOC) and twelve patients with breast cancer. Full, updated results relating to the abstract will be provided during the investigators' poster presentation on June 4, 2013.

"We are pleased that these data confirm the preliminary results presented at ASCO in 2011, and support advancement of niraparib into Phase 3 trials," stated Dr. Mary Lynne Hedley, President of TESARO. "We remain on track to begin enrolling patients in a Phase 3 trial in the ovarian cancer maintenance setting by mid-year, and to initiate a Phase 3 trial in patients with breast cancer during the second half of 2013."

Investor Briefing - TESARO will host an investor briefing in Chicago on Sunday, June 2 at 6:15 PM local time in conjunction with the ASCO annual meeting. At this briefing, TESARO management will review niraparib clinical data, discuss development plans in ovarian and breast cancer and answer questions from analysts and investors. This event will be webcast live and archived for 30 days at www.tesarobio.com.

ASCO Data Presentation Details - Final Results of the Phase I Trial of Niraparib (MK4827), a Poly(ADP)ribose Polymerase (PARP) Inhibitor Incorporating Proof of Concept Biomarker Studies and Expansion Cohorts Involving BRCA1/2 Mutation Carriers, Sporadic Ovarian and Castration Resistant Prostate Cancer (CRPC), Poster #2513, June 4, 2013 from 8:00 AM to 12:00 PM; 11:30 AM discussion


Also Thursday:


ACCESS PHARMACEUTICALS, INC. (OTCBB: ACCP)
, an emerging biopharmaceutical company, released its first quarter ended March 31, 2013 financial results.

Actinium Pharmaceuticals, Inc. (OTCBB: ATNM)
, a biopharmaceutical company that develops innovative targeted payload immunotherapeutics for treatment of advanced cancers, announced that the official program of TAT: Target Alpha Therapy (TAT) international symposium will feature a presentation devoted to Actinium Pharmaceuticals' clinical programs.

AmerisourceBergen Corporation (NYSE: ABC) today announced that Lon R. Greenberg, 62, has been elected to its Board of Directors, effective immediately. Mr. Greenberg fills the vacancy created by Charles H. Cotros’s retirement from the Board in February 2013.

AMI Research, a leading provider of equity research reports and a subsidiary of Hawk Associates Inc., announced today that it has initiated equity research coverage on Diagnostic Imaging International Corp. (OTCQB:DIIG) with a Speculative Buy rating of $0.62 per share.

Assisted Living Concepts, Inc. (NYSE: ALC)
("ALC") announced that, at a special meeting of stockholders held earlier today, its stockholders voted to approve the previously announced merger agreement with affiliates of TPG.

BIOLASE, Inc. (NASDAQ: BIOL)
, the world's leading manufacturer and distributor of dental lasers, announced today that the U.S. Food and Drug Administration (the "FDA") has cleared the NewTom™ BIOLASE VG3 ("VG3") digital panoramic, cephalometric, and tomographic extra-oral X-ray system which BIOLASE® will market and distribute in the U.S. for $50,000 to $120,000.

Daxor Corporation (NYSE MKT: DXR)
, an investment company with medical instrumentation and biotechnology operations, announced today that Austin Nuclear Pharmacy, Inc. has leased a BVA-100 Blood Volume Analyzer.

DelMar Pharmaceuticals, Inc. (OTCQB: DMPI)
("DelMar Pharma") is pleased to provide the following update from President & CEO, Mr. Jeffrey Bacha:

Derma Sciences, Inc. (Nasdaq: DSCI)
, a medical device and pharmaceutical company focused on advanced wound care, today reported financial and operating results for the three months ended March 31, 2013.

Forest Laboratories, Inc. (NYSE: FRX)
, today announced it will be presenting data on two late-stage development products, cariprazine and levomilnacipran, at the American Psychiatric Association (APA) annual meeting scheduled May 18-22, 2013, in San Francisco, CA.

HeartWare International, Inc. (NASDAQ: HTWR - ASX: HIN)
, a leading innovator of less invasive, miniaturized circulatory support technologies that are revolutionizing the treatment of advanced heart failure, today announced that CEO Doug Godshall is scheduled to present at the 2013 UBS Global Healthcare Conference at 11:00 a.m. EDT on Monday, May 20, 2013.

InspireMD, Inc. (NYSE MKT: NSPR)
, a leader in embolic protection stents, today announced that it received reimbursement approval for the MGuard™ Coronary Embolic Protection Stent (EPS) from UNIMED, Brazil's largest private health care insurer.

InspireMD, Inc. (NYSE MKT: NSPR)
, the leader in embolic protection stents, today announced a robust schedule of educational events and data presentations at EuroPCR, culminating in the first presentation of 6-month results from the MASTER (MGuardfor Acute STElevation Reperfusion) trial of the Company's MGuard™ Embolic Protection Stent (EPS).

Merus Labs International Inc. (TSX:MSL) (NASDAQ:MSLI)
today announced that Mr. Elie Farah, the President & CEO of Merus, will present at the upcoming Bloom Burton & Co. Healthcare Investor Conference.

Nektar Therapeutics' (Nasdaq: NKTR)
President and Chief Executive Officer, Howard W. Robin, is scheduled to present at the upcoming 2013 UBS Global Healthcare Conference in New York at the Sheraton New York Hotel on Tuesday, May 21, 2013 at 10:00 a.m. Eastern time.

NPS Pharmaceuticals, Inc. (NASDAQ: NPSP)
, a biopharmaceutical company pioneering and delivering therapies that transform the lives of patients with rare diseases worldwide, today announced that president and chief executive officer Francois Nader, M.D. has been named a finalist for the Ernst & Young Entrepreneur Of The Year® 2013 Award in the New Jersey region.

Pressure BioSciences, Inc. (OTCQB: PBIO)
("PBI" or the "Company") today announced the publication in the journal Analytical Chemistryof a study by a team of scientists led by Dr. Bruce Kristal, Associate Professor of Surgery at Harvard Medical School and the Department of Neurosurgery at Brigham and Women's Hospital, entitled: Method Development for Fecal Lipidomics Profiling.

Rapid Fire Marketing (PINKSHEETS: RFMK)
, a leading maker of vaporizers, announced today that the Company's new dry herb vaporizer is being tested with the first working prototype.

Rockwell Medical, Inc. (NASDAQ: RMTI)
, a fully-integrated biopharmaceutical company targeting end-stage renal disease (ESRD) and chronic kidney disease (CKD) with innovative products and services for the treatment of iron deficiency, secondary hyperparathyroidism and hemodialysis, announced today that the underwriters of its recently announced public offering have exercised their over-allotment option to purchase an additional 1,721,311 shares of its common stock at the offering price of $3.05.

St. Jude Medical, Inc. (NYSE:STJ)
, a global medical device company, today announced CE Mark approval of its ILUMIEN™ OPTIS™ PCI Optimization System™, a new technology designed to provide physicians with a comprehensive disease assessment tool for treating patients with coronary artery disease (CAD).

TherapeuticsMD, Inc. (NYSE MKT: TXMD)
, a women’s healthcare company focused on developing and commercializing products targeted exclusively for women, today announced the election of Jules A. Musing, a former senior executive at Johnson & Johnson, to its Board of Directors, effective immediately.

Titan Medical Inc. (TSX VENTURE:TMD) (OTCQX:TITXF)
announced today its results for the three months ended March 31, 2013.

UCB and IBM (NYSE: IBM)
today announced the completion of the initial phase of a project designed to harness the power of analytics to help healthcare providers deliver more highly personalized care to people living with epilepsy.

University General Health System, Inc. (OTCQB: UGHS)
, a diversified, integrated multi-specialty health care delivery system, today announced certain preliminary information regarding the quarter ended March 31, 2013.

Zoetis, Inc. (NYSE: ZTS)
, formerly the animal health business unit of Pfizer Inc., today announced that the U.S. Food and Drug Administration (FDA) has approved APOQUEL® (oclacitinib tablet) for the control of pruritus associated with allergic dermatitis and the control of atopic dermatitis in dogs at least 12 months of age. Pruritus, or itching, is the most common sign of allergies in dogs.



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