Industry News & Competitive Intelligence
April 19, 2013
FDA panel split over safety of Endo’s long-acting testosterone injection
Federal health experts issued a split opinion Thursday on whether a long-acting testosterone injection from Endo Health Solutions is safe…Panelists who voted against the drug said the risks were not outweighed by the benefits of its long-lasting formulation. “I felt the safety was not quite there yet — admitting that we need a long-term preparation,” […]
Tags: Dr. Bart Clarke, Endo Health Solutions, Star Tribune, testosterone, testosterone injection
April 11, 2013
Sanford, University of Minnesota won’t pursue Fairview takeover
The CEO of South Dakota-based Sanford, whose merger effort came under intense scrutiny the past two weeks, said Wednesday afternoon that he was ending discussions because Sanford has a policy of “only going where we are invited.”…John Kralewski, professor emeritus at the U’s Department of Health Policy and Management, said Sanford Health’s withdrawal presents a […]
Tags: Fairview Health Services, John Kralewski, Sanford Health, Star Tribune, University of Minnesota
April 10, 2013
Diagnostics firm Cancer Genetics goes public
Cancer Genetics, a diagnostics firm focused on developing genomic-based oncology tests, made its initial public offering at a time of rapid growth in the diagnostic testing market. The 50/50 venture has not been formally established but both organizations have agreed to its development, a Mayo spokesman said. Cancer Genetics will provide capital investments and Mayo will […]
Tags: Cancer Genetics, diagnostics, Dr. Gianrico Farrugia, Individualized medicine, Mayo Clinc's Center for Individualized Medicine, Modern Healthcare, oncology tests
April 3, 2013
Rochester lawmakers look to crack down on hospital drug thieves
A hospital worker secretly steals a patient’s pain medication and replaces the contaminated syringe with saline solution, exposing the patient to a potentially deadly virus, such as hepatitis C. It’s a problem that is becoming all too common, according to Dr. Keith Berge, chairman of Mayo Clinic’s Drug Diversion Prevention Committee…It’s cases like this that […]
Tags: Dr. Keith Berge, Drug Diversion Prevention Committee, drug theft, Hepatitis C, Post Bulletin, reporting laws
April 2, 2013
Image Sharing Seeks to Reduce Repeat Scans
Logistics are time-consuming when patients want to share an image with two or more doctors or track down older images so a new doctor can compare them with current results…The Radiological Society of North America, under contract with the National Institute of Biomedical Imaging and Bioengineering, is overseeing the Image Share project, with pilot sites […]
Tags: image share project, image sharing, National Institute of Biomedical Imaging and Biomedical Engineering, Radiological Society of North America, repeat scans, Wall Street Journal
March 26, 2013
Minnesota’s well-paying jobs shift to health care
Minnesota is just 1,000 jobs short of replacing the 160,000 jobs it lost during the Great Recession. But well-paying construction and manufacturing jobs are down over the past five years while health care jobs are on the rise, according to a Finance & Commerce analysis of state jobs data…Rochester-based Mayo Clinic, Minnesota’s largest private employer, saw its jobs […]
Tags: Finance & Commerce, health care jobs, recession, well-paying jobs
March 26, 2013
Saint Marys, Methodist hospitals to merge, become Mayo Clinic Hospital
Mayo currently has a single integrated hospital practice divided between two hospital licenses and two legal entities. Regulations require separate reporting of quality, financial and operating data to organizations such as the Centers for Medicare & Medicaid Services, The Joint Commission and The Leapfrog Group. “Separate hospital reporting has increasingly resulted in an incomplete and […]
Tags: Centers for Medicare and Medicaid Services, data, hospital reporting, merger, Methodist Hospital, Post Bulletin, Saint Marys Hospital, The Joint Commission, The Leapfrog Group
March 26, 2013
Mayo Clinic’s Medical Records Database Growing
Since 1966, Mayo has collected as many records as possible from Olmsted County and used them to generate important studies that help save lives…Jennifer St. Sauver, scientific manager of the project, says having access to a large and growing pool of medical records gives researchers many more study options. “The great thing about the Rochester […]
Tags: database, Dr. Jennifer St. Sauver, growing database, KSTP, medical records, Olmsted County, Rochester Epidemiology Project
March 18, 2013
Mayo Clinic to hold trial for BrainStorm’s ALS stem cell therapy
BrainStorm Cell Therapeutics said the Mayo Clinic in Minnesota has agreed to conduct a clinical trial of the company’s adult stem cell treatment for ALS. The Mayo Clinic is the third leading U.S. clinical site to sign a letter of understanding, following the University of Massachusetts and Massachusetts General, BrainStorm said on Monday. Additional Coverage: […]
Tags: A.L.S., BrainStorm Cell Therapeutics, clinical trial, Reuters, stem cell therapy, stem-cell
March 13, 2013
Mayo Clinic enters into drug partnership
Mayo Clinic has entered a formal collaboration with Sanford-Burnham Medical Research Institute to develop new drugs…”The collaboration provides an avenue for Mayo scientists to rapidly translate basic science discoveries into screening platforms that will enable new drug discovery and a new paradigm in drug development,” said Dr. Andrew Badley, Mayo Clinic’s associate dean for research […]
Tags: develop, Dr. Andrew Badley, drug discovery, new drugs, Post Bulletin, Sanford-Burnham Medical Research Institute