ABL Members Honored and Awarded
Congratulations to these Finalists
for AeA High-Tech Innovation Awards, for Orange County and the Inland
Empire:
I-Flow, where Don
Earhart is CEO,
in both the Outstanding Medical
Device Company category and the Medical Device category; and
Orqis Medical, where Ken Charhut is CEO, also in the Medical
Device category.
Winners will be revealed on May 10, 2007 in Newport Beach.
>> Also,
Silverado Senior Living, where Loren Shook is CEO, has
been selected one of the top 10 places to work in Orange
County, by OC Metro magazine.
And, Gary Goltz,
President of Goltz Healthcare, was recently promoted to
shichidan (7th degree black belt) by the U.S. Judo Association
Board -- a very high honor for someone as young as
Gary, and achieved in record time because of his contributions
to enhancing judo in the U.S.

Abraxis Receives FDA
Tentative OK
Abraxis BioScience, where Patrick Soon-Shiong,
MD, is CEO, has received a
tentative approval from the FDA for its Abbreviated New Drug Application for Fosphenytoin
Sodium Injection (FSI), the generic
equivalent of Pfizer's Cerebyx. The company expects to receive final approval for, and commence
marketing of, FSI upon patent expiration.
>>

Aperio Brings Cure for
Cancer One Step Closer
Aperio ScanScope,
from Aperio Technologies, where Dirk Soenksen is CEO, is being
utilized at the new Wesley Research Institute Tissue Bank, the
first of its kind in Queensland, Australia, to provide a
widely available and diversified collection of ethically
consented and clinically annotated tissue, helping to unravel
the cause, progression and potential treatment for cancer and
other diseases. ScanScope takes high resolution images of
tissue samples that can then be shared with researchers around
the world. >>

GSK Partners to Target
Drug-Resistant Hospital Infections
GlaxoSmithKline, where Arlene Kirsch is a senior executive, and The Wellcome Trust announced a collaboration to develop a new class of
antibacterial to combat the rise of certain drug-resistant
hospital-acquired infections, including those that lead to pneumonia.
The research will target Gram-negative bacteria, which are increasingly resistant to available antibacterials and commonly cause hospital-acquired pneumonia and septic
shock, particularly in patients in ICUs. Without
adequate therapy, patients often confront a poor prognosis — mortality
is high, and recovery, when it occurs, can be long and complicated.
>>

Hythiam's PROMETA Tested by Hawaii's Largest Provider
Hythiam, Inc., where
Richard Anderson is Senior Executive VP, announced
that Hawaii Medical Service Association, an
independent licensee of Blue Cross Blue Shield, will
evaluate the PROMETA protocols for treating substance
dependence for use among its membership. HMSA is the largest provider of healthcare coverage in the
state of Hawaii, providing access to care for more than
700,000 lives.
>>

I-Flow's ON-Q Excels in Recent Hospital Trials
I-Flow Corporation, where Don Earhart
is CEO, has announced that the early results of an ongoing
study to evaluate the effects of ON-Q PainBuster with ON-Q SilverSoaker
Antimicrobial Catheter on surgical site infections indicate a
statistically significant reduction in the rate of surgical
site infections and a statistically significant decrease in
length of hospital stay for patients who received ON-Q versus
those who received only narcotics. Also, results of a two-year
study conducted at Miami Children's Hospital suggest ON-Q
provides significantly better non-narcotic pain control for
infants and children requiring heart surgery.
>>

Intellidot Introduces Vital Signs Collection at the Bedside
IntelliDOT Corporation, where Tom
Klopack is CEO, has announced its CAREt Vital Signs Collection
System, to electronically capture and document patient vital
signs at the point of care. CAREt VSC compliments IntelliDOT’s
existing suite of patient safety solutions, all designed to
enhance the organization of workflow at the bedside.
>>

Isotis Transfers PolyActive
IP Estate
IsoTis, Inc., where Pieter Wolters is
CEO, has completed the transfer of the rights associated
with its PolyActive technology to OctoPlus, a drug
delivery and development company, in exchange for an up-front payment of
approximately $1.7 million and future royalty payments on sales of
pharmaceutical products based on the PolyActive technology. IsoTis
retains the rights to manufacture, market, and sell orthopedic
plugs and cement restrictors
based on the PolyActive technology.
>>

Kaiser Provides Heart
Care Expertise to All at No Charge
Kaiser Permanente,
where Christine Paige is a senior executive, is making available its lifesaving
Healthy Heart program information to all California physicians
and the general public. This effort includes a new Healthy
Heart public website, grants to community clinics and public
hospitals to fund expanded cardiovascular intervention
programs, and consulting services and resources available at
no cost to community clinics, health centers and public
hospitals. >>

LifeMasters Announces Selecky's
Return to CEO
Chris Selecky has been named CEO of LifeMasters Supported SelfCare, Inc. She previously served as President and CEO
of LifeMasters from 1996 though 2004, prior to becoming Executive Chair.
“I am looking forward to returning to
lead the great team we have assembled at LifeMasters," said Chris.
“Having spent the last few years working with our colleagues
in the disease management community, I am more confident than
ever that the future of our company and the evolving field of
health improvement are very bright."
>>

Triple Tree Reports on Telemedicine to Improve Health
Triple Tree LLC, where Rob McCray is Managing Partner,
has published an industry analysis titled
"Telemedicine 2.0: Connecting Medical Devices, Patients and
Providers to Improve Health." The 46-page report covers
such topics as what is driving the growth of the wireless life
sciences market; telemedicine; wireless implantable devices;
who pays: consumers or insurers?; reimbursable devices; FDA
regulatory requirements; is it a medical device or consumer
electronic?; and how the market will evolve.
>>

Vocera Receives Investment $$ from Motorola
Motorola Ventures, part of Motorola Inc., has made an equity investment in
Vocera Communications, where Brent Lang is Acting CEO. "Vocera is making a significant impact on
in-facility communication," said a Motorola representative. "Our investment demonstrates our commitment to
innovative companies, such as Vocera, to drive seamless mobility into
daily work environments."
>>

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OC Senator Harmon Livid Over DHS's
Ventilator Choice
California Senator Tom Harman (R - Huntington Beach, 35th
District) recently wrote an editorial in the Orange County
Register decrying the DHS's choice to purchase and
stockpile portable ventilators from Viasys, of Pennsylvania,
rather than from Newport Medical Instruments (NMI), of
Costa Mesa, where Hong-Lin Du, MD is President. Senator
Harmon points out that the Viasys ventilator has been the
subject of a federal FDA recall 13 times, whereas NMI's
ventilators have never been recalled. Also, Viasys charged the
state $8,500 per unit, plus $1,700 a unit for storage and
maintenance, for a total of $10,200 a unit. This price point
limited the state to 2,400 ventilators. On the other hand,
NMI's ventilators cost $6,800 per unit, with free storage and
maintenance. So the state would have received nearly 5,000
ventilators, more than double the total under the Viasys
contract. Further, by all accounts, the Viasys ventilator is
difficult to use, wrote Harmon. Many health professionals have
rejected it because it is so difficult to operate. But health
professionals have lauded NMI's ventilator as one of the
easiest to use in an emergency situation. In addition, test
results showed that NMI's ventilator had a 60% longer internal
battery life than Viasys's machine. In light of all of this,
"why is California awarding a contract to an out-of-state
company?" asks Harmon. "It simply makes no sense and is a
classic example of the wasteful spending that we see every day
in Sacramento." (OC Register, 4/26/07)

Governor "Guarantees" Comprehensive
Healthcare This Year
Gov.
Schwarzenegger at a town hall meeting with AARP members in
Pasadena said he expects that the Legislature this year will
make healthcare coverage mandatory and available to all
residents.
"I
guarantee this year we will have comprehensive healthcare and
become a model for the rest of the country and for
Washington," he said. The meeting was the launch of a series
of forums sponsored by AARP, where Jennie Chin Hansen is
President Elect, that will focus on overhauling
California's healthcare system. The meeting also marked the
beginning of AARP's statewide media campaign to publicize
healthcare reform. Senate President Pro Tempore Don Perata
(D-Oakland) and Assembly Speaker Fabian Núñez (D-Los Angeles),
who also have introduced healthcare reform proposals, were not
invited to the meeting. The proposals by both legislative
leaders last week moved forward in the Senate and Assembly,
while Schwarzenegger does not yet have a lawmaker to carry his
proposal. (San Gabriel Valley Tribune, 5/1; Pasadena
Weekly, 4/26; California Healthline, 4/26/07)

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Healthcare Investments on the Rise in
California
Biopharmaceutical and medical device
companies have generated the largest increase in venture
capitalist investments nationally, as well as in parts of
California over the past year. Biotechnology was the biggest
sector for VC funding in the U.S., accounting for $1.5 billion
of the $7.1 billion in funding nationwide in the first quarter
of 2007, according to a report by Thomson Financial.
In addition, a separate survey by Ernst & Young and VentureOne
reported $2.8 billion in VC funding for healthcare firms for
the quarter. Venture capitalists nationwide invested $1.8
billion in Q107 into biopharmaceutical companies, up from $861
million in Q106. Investments in other healthcare businesses in
the Bay Area over the same time period increased by 101% to
$750 million from $372 million. Thomson Financial estimated VC
funding in San Diego County at $686.3 million for the quarter,
more than double investments from the same period a year
earlier. Another study found that 88% of VC funding in San
Diego County went to healthcare firms. Robb Browne of Ernst &
Young said the rise in healthcare spending is because of an
aging population and people's increased focus on health.
(San Jose Mercury News, 4/23;
San Diego Union Tribune, 4/24/07)

Palliative Care Forecast to
Grow as Population Ages
Palliative care, which seeks to
treat symptoms and improve the quality of life in patients
with cancer and other serious illnesses, likely will continue
to become more important as the U.S. population ages and
develops more illnesses. Palliative care involves a team of
physicians, nurses, psychologists, social workers and others
that meets weekly to coordinate care for patients with serious
illnesses. The U.S. Census
Bureau estimates that the number of U.S. residents ages 65+
will increase by 44% to 55 million by 2020; many of those
individuals will require palliative care. Since 2000, the
number of medical centers that provide palliative care has
increased to 1,240, or about 30% of hospitals, according to
the Center to Advance Palliative Care.
A study conducted in 2003 found
that hospitals can reduce costs by 57% when they move patients
from regular departments to palliative care units. However,
according to Thomas Smith, chair of hematology/oncology and
palliative care at the Massey Cancer Center, most community
doctors do not have time for group consultations and are not
used to working in teams. In addition, health insurers in many
cases do not cover palliative care. (USA Today, 4/26/07)

Most Americans Support Wider
Health Insurance Coverage
More than 75% of U.S adults support
proposals to expand access to health insurance, such as
government subsidies for individuals without access to
employer-sponsored coverage and tax credits to help
individuals purchase coverage, according to a Wall Street
Journal Online/Harris Interactive survey of 2,021 adults.
Results included: 50% of respondents with health insurance
have concerns that they will lose part or all of their
coverage because of costs. About 26% said they would support a
tax increase to cover the cost of an expansion of Medicare or
Medicaid. 74% support proposals under consideration in
California, Illinois and other states that would require all
employers to provide health insurance. However, 66% said that
proposals that would require smaller employers to provide
health insurance could prompt some companies to close, and 53%
said the risks of such proposals outweigh the potential
benefits. (Wall Street Journal Online, 4/25/07)
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