DaVita and HealthCare Partners Announce Merger Agreement

DaVita Inc. (NYSE: DVA), a leading provider of kidney care services for those diagnosed with chronic kidney disease (CKD), and HealthCare Partners, the country’s largest operator of medical groups and physician networks, announced today that they have entered into a definitive merger agreement. The two companies expect to close the transaction early in the fourth quarter of this year. Upon closing, the combined company will be named DaVita HealthCare Partners Inc. The purchase price to be p...continued
     

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Dynacq Healthcare Announces the Death of Chiu M. Chan, Founder and Chairman of the Board

We are deeply saddened to announce that Chiu M. Chan, the Chairman and founder of Dynacq Healthcare, Inc. (NASDAQ:DYII), passed away yesterday morning. He had been incapacitated by an unexpected illness since January of this year. He was 59. Our hearts go out to his wife, Ella, his children and his family during this tragic time. Chiu’s passion, dedication and energy left an indelible mark on Dynacq and the healthcare industry. Eric K. Chan, Chiu’s son and our CEO, President ...continued
     

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Kindred Healthcare Announces Voting Results for the 2012 Annual Meeting of Shareholders

Kindred Healthcare, Inc. (the “Company”) (NYSE: KND) today announced the voting results of the Company’s 2012 Annual Meeting of Shareholders held on May 17, 2012. At the annual meeting, the Company’s shareholders voted to elect the following board members to terms expiring at the Company’s 2013 Annual Meeting of Shareholders: Edward L. Kuntz, Joel Ackerman, Jonathan D. Blum, Dr. Thomas P. Cooper, Paul J. Diaz, Christopher T. Hjelm, Isaac Kaufman, Frederick J. Kle...continued
     

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Pharmos Corporation Announces Successful Completion Of Proof-of-concept Clinical Trial Of Levotofisopam For The Treatment Of Gout

RAPID AND SIGNIFICANT REDUCTION IN URIC ACID OBSERVED IN ALL SUBJECTS ISELIN, N.J., May 17, 2012 /PRNewswire/ -- Pharmos Corporation (OTC-PINK: PARS) today announced that it has successfully completed a proof-of-concept clinical trial using its compound levotofisopam (S-tofisopam) to treat patients with hyperuricemia and gout. This phase 2a trial was conducted at the Duke Clinical Research Unit of Duke University and the principal investigator was John Sundy, MD, PhD, an expert and key opinion ...continued
     

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A.M. Best Affirms Ratings of Coventry Health Care, Inc. and Upgrades Ratings of Selected Subsidiaries

A.M. Best Co. has affirmed the issuer credit rating (ICR) of “bbb-” and all debt ratings of Coventry Health Care, Inc. (Coventry) (Delaware) (NYSE: CVH). At the same time, A.M. Best has upgraded the financial strength rating (FSR) to A- (Excellent) from B++ (Good) and the ICRs to “a-” from “bbb+” for Coventry Health Care of Iowa, Inc. (Omaha, NE) and Coventry Health Care of Illinois, Inc. (Champaign, IL) (f/k/a PersonalCare Insurance of Illinois, I...continued
     

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Invacare Declares Quarterly Dividend

The Board of Directors of Invacare Corporation (NYSE:IVC) announced that it declared a cash dividend of $.0125 per share on its common shares and $.011364 per share on its Class B common shares payable July 13, 2012 to shareholders of record on July 5, 2012. Invacare Corporation (NYSE:IVC - news), headquartered in Elyria, Ohio, is the global leader in the manufacture and distribution of innovative home and long-term care medical products that promote recovery and active lifestyles. The Company has...continued
     

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Human Genome Sciences Board of Directors Unanimously Determines GlaxoSmithKline Unsolicited Tender Offer is Inadequate and Not in the Best Interests of Stockholders

Human Genome Sciences, Inc. (Nasdaq: HGSI) today announced that its Board of Directors, after careful review and consideration with the assistance of the Company’s management and financial and legal advisors, has unanimously determined that the unsolicited tender offer from GlaxoSmithKline (“GSK”) to acquire all outstanding common shares of HGS for $13.00 per share in cash (the “Offer”) is inadequate, undervalues the Company and is not in the best interests of HGS an...continued
     

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Quality Systems, Inc. Reports Fiscal 2012 Fourth Quarter and Year-End Results

Quality Systems, Inc. (NASDAQ:QSII) announced today results for its fiscal year and fourth quarter ended March 31, 2012. The Company reported revenues of $429.8 million for the fiscal year ended March 31, 2012, an increase of 22 percent compared to $353.4 million for the fiscal year ended March 31, 2011. Net income for fiscal 2012 was $75.7 million, a 23 percent increase versus net income of $61.6 million for the year ago period. Fully diluted earnings per share for the fiscal year ended 2012 was ...continued
     

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Intellect Neurosciences Expands Its Immunotherapy Pipeline with New Technology Platforms Targeting Pathogenic Protein Aggregates Focused on Huntington’s and Parkinson’s Diseases

Company Files Three Patent Applications for Methods of Diagnosis and Treatment of Neurodegenerative Diseases Based on Production of Antibodies, and Vaccines that Selectively Target the Earliest Forms of Neurotoxic Proteins. NEW YORK, May 16, 2012 /PRNewswire/ -- Intellect Neurosciences, Inc. (OTCBB: ILNS), a biopharmaceutical company engaged in the discovery and development of disease-modifying therapeutic agents for the treatment of Alzheimer's and other neurological diseases, today announced ...continued
     

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Cyberonics To Report Fourth Quarter And Fiscal Year 2012 Results And Host Conference Call On June 6, 2012

HOUSTON, May 16, 2012 /PRNewswire/ -- Cyberonics, Inc. (NASDAQ: CYBX) today announced that the company will report financial results for the fourth quarter and fiscal year ended April 27, 2012, on Wednesday, June 6, 2012, before regular market trading hours.  The company will conduct a conference call to discuss those results on the same day at 8:00 AM Central Time (9:00 AM Eastern Time). Fourth Quarter and Fiscal Year 2012 Results Conference Call Instructions The conference call will ...continued
     

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Angeion Corporation to Report Second Quarter Fiscal 2012 Financial Results on Thursday, May 31, 2012

SAINT PAUL, Minn., May 16, 2012 /PRNewswire/ -- Angeion Corporation (NASDAQ: ANGN) today scheduled a conference call to discuss its financial results for the second quarter fiscal 2012, ended April 30, 2012. The call will be at 11:00 a.m. ET on Thursday, May 31, 2012. The Company will report financial results for the second quarter fiscal 2012 before market opens on Thursday, May 31, 2012. Those wishing to participate can dial (877) 317-6789 or (412) 317-6789 to access the conference call, or liste...continued
     

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Shengtai Pharmaceutical, Inc. Reports Third Quarter Fiscal Year 2012 Financial Results

WEIFANG, China, May 16, 2012 /PRNewswire-Asia/ -- Shengtai Pharmaceutical, Inc. (OTC Bulletin Board: SGTI) (''Shengtai'' or ''the Company'' or "we" or "us"), a manufacturer and distributor in China of glucose and starch as pharmaceutical raw materials and other starch and glucose products, today reported financial results for the third quarter of fiscal 2012 ended March 31, 2012. Third Quarter Fiscal Year 2012 Result of Operations Net sales for the three months ended March 31, 2012 were $3...continued
    

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Renal Denervation Technology from St. Jude Medical Demonstrates Significant Reduction in Blood Pressure

St. Jude Medical, Inc. (NYSE:STJ), a global medical device company, today announced that preliminary data demonstrated the company’s EnligHTN™ renal denervation system was safe and effective for the treatment of resistant hypertension. The study demonstrated that on average patients with resistant hypertension experience a systolic blood pressure reduction of 28 points after 30 days. Renal denervation is a specialized ablation procedure that has been clinically proven to reduce blood...continued
     

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Akela Pharma reports financial results for the three months ended March 31, 2012

AUSTIN, TX, May 15, 2012 /CNW Telbec/ - Akela Pharma, Inc. ("Akela"), (TSX: AKL), an industry leader in providing pharmaceutical contract dosage development and clinical and commercial manufacturing, today announced its financial results for the three months ended March 31, 2012. Total consolidated revenues for the three months ended March 31, 2012 were $0.8 million in contract services, as compared to $4.2 million, including $3.5 million of contract services, for 2011. Consolidated net loss ...continued
    

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Silvermex Resources Announces Q1 2012 Financial Results

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 15, 2012) - Silvermex Resources Inc. ("Silvermex") (TSX:SLX) reported today its unaudited financial results for the quarter ended March 31, 2012. Highlights from the quarter, which should be read in conjunction with the unaudited financial statement and management's discussion and analysis available at www.silvermexresources.com and www.sedar.com, include: The Company entered into a definitive agreement with First Majestic Silver Corp. ("First M...continued
    

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Nile Therapeutics Reports 2012 First Quarter Financial Results

SAN FRANCISCO, May 15, 2012 /PRNewswire/ -- Nile Therapeutics, Inc. (OTCQB: NLTX), a biopharmaceutical company that develops novel therapeutics for heart failure patients, today announced its first quarter financial results for 2012.  For the first quarter of 2012, Nile reported a net operating loss of $0.8 million, or $0.02 per share. Weighted-average shares outstanding for the quarter were 39.7 million. Nile reported collaboration income of $0.2 million during the quarter ended March...continued
    

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Cambridge Heart Reports Results for the Three Months Ended March 31, 2012

Cambridge Heart, Inc. (OTCBB: CAMH), a developer of non-invasive diagnostic tests for cardiac disease, today reported results for its first quarter ended March 31, 2012. Full financial statements and corresponding commentary can be found in the Company's Form 10-Q, which will be filed with the Securities and Exchange Commission on May 15, 2012. Cambridge Heart addresses a key problem in cardiac diagnosis – the identification of those at risk of sudden cardiac death. Sudden cardiac arrest ...continued
     

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Spherix Announces First Quarter 2012 Financial Results

BETHESDA, Md., May 15, 2012 (GLOBE NEWSWIRE) -- Spherix Incorporated (Nasdaq:SPEX) – an innovator in biotechnology for therapy in diabetes, metabolic syndrome and atherosclerosis, and provider of technical and regulatory consulting services to food, supplement, biotechnology and pharmaceutical companies – today reported financial results for the three months ended March 31, 2012, and recent and upcoming business highlights. First Quarter and Upcoming Highlights Pharmaceutical...continued
    

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BELLUS Health Securityholders Vote in Favour Of $17.25 Million Strategic Transaction with Pharmascience

- BELLUS Health reports results for the first quarter ended March 31, 2012, and provides corporate update - LAVAL, QC, May 15, 2012 /CNW/ - BELLUS Health Inc. (TSX: BLU) ("BELLUS Health" or the "Company") today conducted its Annual and Special Meeting of Securityholders in relation to the $17.25 million strategic transaction and financing with Pharmascience Inc. ("Pharmascience") announced on April 5, 2012. The Company also reported its financial results for the first quarter ended Marc...continued
      

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ABMC Reports First Quarter 2012 Results

American Bio Medica Corporation (ABMC.PK) today announced financial results for the three months ended March 31, 2012. Net sales for the first quarter of 2012 were $2,296,000, an increase of $249,000, or 12.2%, when compared to net sales of $2,047,000 for the first quarter of 2011. Operating loss for the first quarter of 2012 was $169,000, compared to an operating loss of $374,000 in the first quarter of 2011. Net loss for the first quarter of 2012 was $206,000, or $0.01 per share, compared to a n...continued
     

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Nymox Reports First Quarter 2012 Financial Results

HASBROUCK HEIGHTS, N.J., May 15, 2012 (GLOBE NEWSWIRE) -- Nymox Pharmaceutical Corporation (Nasdaq:NYMX) announced today its financial results for the first quarter of 2012. Nymox reported a net loss of $1,846,974, or $0.06 per share for the quarter ended March 31, 2012, compared to $4,431,091, or $0.14 per share for the quarter ended March 31, 2011. Net losses include stock-based compensation charges of $51,496 in the quarter ended March 31, 2012 and $3,583,258 in the comparative period in 2011. The ...continued
     

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Generex Enhances Antigen Express Scientific Advisory Board for the AE37 Breast Cancer Vaccine with Renowned Breast Cancer Researchers

Drs. Kathy D. Miller and Hope S. Rugo join SAB WORCESTER, Mass. and TORONTO, May 15, 2012 /PRNewswire/ -- Generex Biotechnology Corporation (OTCBB: GNBT), in anticipation of the transition into pivotal Phase III trials, is pleased to announce today that the expertise of the Scientific Advisory Board (SAB) of its wholly-owned subsidiary, Antigen Express, Inc., has been expanded by the addition of two globally recognized experts in clinical trial research and immuno-therapeutic treatment...continued
      

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St. Jude Medical Announces European Approval and Launch of the EnligHTN Renal Denervation System for Treatment of Hypertension

St. Jude Medical, Inc. (NYSE:STJ), a global medical device company, today announced CE Mark Approval and launch of its EnligHTN™ renal denervation system during EuroPCR. Renal denervation is a specialized ablation procedure that has been clinically proven to reduce blood pressure in patients with hypertension, or high blood pressure, that is resistant to medical therapy. Clinical data from the EnligHTN I trial about the safety and efficacy of the company’s renal denervation technology wi...continued
     

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IDC Reports First Quarter 2012 Results

CALGARY, May 14, 2012 /CNW/ - Imaging Dynamics Company Ltd. ("IDC" or the "Company") (TSX: IDL) a global leader in the high growth digital radiography (DR) equipment market, today reported financial results for the first quarter end March 31, 2012. First quarter 2012 Highlights Gross revenues were lower by 46 percent to $1.1 million compared to $2.0 million for the same quarter last year mainly due to decrease in revenues from Asia Pacific and Latin America regions; Gross margins remai...continued
   

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Natural Alternatives International, Inc. Announces Fiscal 2012 Q3 and YTD Results

-- Continued Increase in Net Sales and Income from Operations -- Posts 13th Consecutive Quarter of Profitability SAN MARCOS, Calif., May 14, 2012 /PRNewswire/ -- Natural Alternatives International, Inc. ("NAI") (Nasdaq: NAII), a leading formulator, manufacturer and marketer of customized nutritional supplements, today announced net income of $1.1 million or $0.15 per diluted share on net sales of $17.4 million for the quarter ended March 31, 2012.  These results included a full effective tax...continued
     

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