January 9, 2008 - Frost & Sullivan has recognized Philips Medical Systems with the 2007 North American Medical Imaging Company of the Year Award for its success across the entire medical imaging industry and double-digit growth.

Philips Medical Systems is a well regarded company, prized for its strength of leadership in healthcare technology and its innovative approach to product development, reflected in Philips’ “Sense and Simplicity” brand promise.

January 9, 2008 - Avista Capital Partners, a leading private equity firm, has completed its acquisition of Bristol-Myers Squibb Medical Imaging, a business unit of Bristol-Myers Squibb that supplies medical imaging products for nuclear and ultrasound cardiovascular diagnostic imaging procedures.

January 8, 2008 – The cardiac imaging community has until Jan. 12 to contribute to the Centers for Medicare and Medicaid Services (CMS) public comments forum regarding CMS’ proposed National Coverage Decision (NCD) that would limit reimbursement for coronary CTA to just two clinical indications.

In the decision, CMS states that “[t]he evidence is inadequate to conclude that cardiac computed tomographic angiography (CTA) is reasonable and necessary under section 1862(a)(1)(A) for the diagnosis of coronary artery disease (CAD).”

January 8, 2007 - Cardiac Science Corp. expects 2007 fourth quarter revenue to total approximately $50 million, representing growth of approximately 28 percent compared with the fourth quarter of 2006, thanks to strong growth in revenue from its defibrillation products and cardiac monitoring line.

January 8, 2008 – Young, obese women with polycystic ovary syndrome (PCOS) may be at increased risk for early subclinical coronary atherosclerosis, independent of the presence of traditional cardiovascular risk factors and novel inflammatory risk markers, according to a study by researchers at the University of Iowa published in the December issue of the Journal of Clinical Endocrinology and Met

January 8, 2008 - Compared with paclitaxel-eluting stents (PES), sirolimus-eluting stents (SES) appear to decrease the risk of in-stent late luminal loss in diabetics with coronary artery disease, new research shows.

January 7, 2008 - Ischemia experienced in brief episodes could protect the heart by preparing it for a heart attack, according to early findings from an animal study by researchers at the University of Cincinnati, which was published in the January issue of the American Journal of Physiology: Heart and Circulatory Physiology.

January 8, 2008 - GE Healthcare has initiated a vendor-independent educational program, designed specifically for biomedical and technical professionals, to enhance their knowledge of IT concepts for healthcare, identifying core IT skills critical to servicing and supporting today’s integrated and networked medical devices.

January 7, 2008 - Osiris Therapeutics Inc. has reclaimed sole worldwide rights to cardiovascular indications for Prochymal and terminated its development and commercialization agreement with Boston Scientific Corp. in order to provide Osiris with the flexibility to enter more strategically beneficial relationships.

January 7, 2008 - Cardica Inc. received nearly $2 million in payments from Cook Medical (Cook) for reaching milestones pursuant to its development agreements with Cook, including a vascular closure device collaboration agreement and initial development milestone for a device to repair heart defects.

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