RxNews Recap for Friday 09/03/10 Print E-mail
By BioMedReports.com Staff   
Friday, 03 September 2010 17:42
Below is a list of the companies that made news in the healthcare sector on Friday, September 03, 2010.

Biotech investors interested in seeing more details about these companies and a full list of their related stories can do so by typing the stock ticker symbol into the Stock Quotes box on the right side of the page.

American Physicians Service Group, Inc. (NASDAQ:AMPH) today announced that its Board of Directors had authorized the early redemption of all of APS' 3% Series A redeemable preferred stock, valued at approximately $6 million, and payment of accrued dividends on the preferred stock through the redemption date.

Bruker Corporation (NASDAQ: BRKR), a leading global provider of high-performance scientific instruments, and Bruker Energy & Supercon Technologies, Inc. ("BEST"), a leading provider of superconducting technology and enabling tools and a Bruker subsidiary, today announced that BEST has filed a Form S-1 Registration Statement with the United States Securities and Exchange Commission relating to the proposed initial public offering of common stock of BEST.

Celgene Corporation (NASDAQ: CELG) today announced it has received a Paragraph IV Certification Letter advising that Natco Pharma Limited of Hyderabad, India, submitted an Abbreviated New Drug Application (ANDA) to the U.S. Food and Drug Administration (FDA).

China-Biotics, Inc.  (Nasdaq:CHBT), the leading developer, manufacturer and distributor of probiotics products in China, today announced the schedule for the Investor Day, which will be held on Monday, September 20, 2010, in Shanghai.

China Cord Blood Corporation (NYSE:CO) today announced its plan to release financial results for the first quarter of fiscal year 2011 on Friday, September 10, 2010, before the market opens in the US.

CorMedix Inc. (NYSE Amex: CRMD), a pharmaceutical company focused on developing and commercializing therapeutic products for the prevention anntreatment of cardiorenal disease, today announced it is scheduled to present at the Rodman & Renshaw Annual Global Investment Conference on September 15, 2010, at 11:40 AM ET, in the Fahnestock Salon, 5th Floor, at the New York Palace Hotel in New York.

Curis, Inc. (NASDAQ: CRIS), a drug development company seeking to develop next generation targeted small molecule drug candidates for cancer treatment, today announced that the company will be presenting at the Rodman & Renshaw 12th Annual Healthcare Conference at 10:50 a.m. EDT on September 13, 2010, in New York City.

The Female Health Company (Nasdaq:FHCO), which manufactures and markets the FC2 Female Condom®, today announced that the Company's CEO, O.B. Parrish, and its CFO, Donna Felch, are scheduled to make a presentation at Rodman & Renshaw's Global Investment Conference at 12:05 p.m. on Wednesday, September 15, 2010, in the Hubbard Salon, 5th floor.

GeckoSystems Intl. Corp. (PINKSHEETS:GCKO) revealed today further analyses depicting the level of naked shorting of GCKO stock. GeckoSystems is a dynamic leader in the emerging mobile robotics industry revolutionizing their development and usage with "Mobile Robot Solutions for Safety, Security and Service™."

Life Technologies Corporation (NASDAQ:LIFE) today announced it will present at the UBS Global Life Sciences Conference on Wednesday, September 22 at 8:30 a.m.

Omnicare, Inc. (NYSE: OCR) and Walgreen Co. (NYSE: WAG) (NASDAQ: WAG) today announced a transaction in which Omnicare will acquire substantially all of the assets of Walgreens long-term care pharmacy business.

Regeneron Pharmaceuticals, Inc. (Nasdaq:REGN) will webcast its presentation at the Morgan Stanley Global Healthcare Conference on Monday, September 13, 2010.

Simulated Environment Concepts, Inc. (PINKSHEETS: SMEV), makers of the high pressurized dry water massage and wellness equipment, SpaCapsule, announced today that hot on the heels of the twelve capsule deal with UK-based Aspire Consulting, the SpaCapsule has once again made a splash in international press, courtesy of Ireland's Life and Fitness Magazine.

UnitedHealth Group (NYSE: UNH) and its family of companies, including UnitedHealthcare, Ovations, AmeriChoice, OptumHealth, Ingenix and Prescription Solutions, is taking immediate action to assist people in North Carolina, Virginia, Maryland, Rhode Island, Massachusetts and Maine, who may be affected by Hurricane Earl.

Walgreens (NYSE: WAG) (NASDAQ: WAG) had August sales of $5.66 billion, an increase of 8.6 percent from $5.22 billion for the same month in 2009. Duane Reade stores, acquired in April 2010, contributed 2.8 percentage points to the total sales increase for the month.

Waters Corporation (NYSE:WAT) and the University of California at Los Angeles (UCLA) will bring together some of the world's leading life science researchers and practitioners of mass spectrometry (MS) at a conference next month to discuss the ways they are applying time-of-flight mass spectrometry to complex biomolecule research and analysis.

"Featured Content" profiles are meant to provide awareness of these companies to investors in the small-cap and growth equity community and should not in any way come across as a recommendation to buy, sell or hold these securities. BiomedReports is not paid or compensated by newswires to disseminate or report news and developments about publicly traded companies, but may from time to time receive compensation for advertising, data, analytics and investor relation services from various entities and firms. Full disclosures should be read in the 'About Us Section'.

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