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GLG News by Medical Device Experts

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Ken PowellMay 19, 2008
Siemens and Labcorp form Alliance
Analysis of: Siemens and LabCorp Enter Agreement to Co-Develop New Clinical Diagnostic Tests | biz.yahoo.com
Author: Ken Powell, President, Genesis Business Development
Siemans Healthcare (NYSE: SI) recent alliance with Laboratory Corporation of America Holdings (NYSE: LH) to develop and distribute new clinical diagnostic tests will help accelerate the transition of novel assays, particularly molecular dianostics, from the research setting...
Ken PowellMay 15, 2008
Study of Breast Cancer Risk May Impact Myriad Genetics
Analysis of: Cancer-Gene Test Boosts Myriad's Sales | online.wsj.com
Author: Ken Powell, President, Genesis Business Development
A new study published in the Journal of the American Medical Association estimated a lower risk of developing breast cancer by the age of 70 in women carrying mutations in one of two genes (BRAC1 and BRAC2).  This comes at the same time as Myriad Genetics (MYGN(NMS:MYGN)) is marketing their...
April 30, 2008
FDA: Chinese Manufacturer of Tainted Heparin Involved in Fraud.
Analysis of: UPDATE: FDA Head Sees Economic Fraud Behind Tainted Heparin | www.reuters.com
Author: Joe Atkins, Chief Executive Officer, Medical Concepts & Innovations
First, and foremost, the only working link for this article can be found at: http://www.reuters.com/article/domesticNews/idUSWAT00934620080415?feedType=RSS&feedName=domesticNews Although there is no proof offered in the article to substantiate the suggestion of fraud, there is enough circumstantial...
April 30, 2008
FDA Fees Must Be Increased to Fund Inspection of Chinese Products.
Analysis of: FDA fees eyed to boost food, drug safety | www.usatoday.com
Author: Joe Atkins, Chief Executive Officer, Medical Concepts & Innovations
One only has to read about the Heparin debacle, which has killed, at least, 81 Americans, to realize that there is a serious issue with the quality of medicines produced in China.  Manufacturing of medical food and consumer goods in China is growing at such a rate, the Chinese government has neither...
April 30, 2008
Who to Blame for Waste in the Medical Industry? Who's on First?
Analysis of: The Price of Excess: Identifying Waste in Healthcare Spending | blogs.wsj.com
Author: Joe Atkins, Chief Executive Officer, Medical Concepts & Innovations
It's easy to point fingers of blame and this article does that, very well.  According to the "annalysis" everybody is to blame.  And, they're right, everyone is to blame, but where the article fails is the authoris inability to point out a real solution to the problem of wasted dollars spent...
April 30, 2008
Anemia Drugs Have Been Abused for Profit!
Analysis of: WellPoint likely to follow FDA on anemia drugs | www.reuters.com
Author: Joe Atkins, Chief Executive Officer, Medical Concepts & Innovations
Over the last year, it has become clear that the over-use of anemia drugs for cancer and renal failure has become a problem.  The reason can be sumed up in one word, which is profit.
April 21, 2008
Where is the profit in Healthcare Packaging?
Analysis of: Rexam: Growth in plastic packaging as overall profits fall | www.plasteurope.com
Author: GLG Expert Contributor
Rexam's results show why successful healthcare packagers are often niche players. Healthcare packaging is a diverse field encompassing rigid containers in all shapes and sizes and unlimited varieties of flexible forms, materials and shapes. For large players supporting high speed capital intensive manufacturing...
Eric GruffApril 21, 2008
Tainted Heparin Will Mean More Scrutiny of Drug Manufacturers
Analysis of: UPDATE: FDA Head Sees Economic Fraud Behind Tainted Heparin | www.reuters.com
Author: Eric Gruff, Principal, E4 Consulting
Regardless of the reason (greed, carelessness, incompetence, etc.) that Chinese heparin became tainted, the end result will be increased scrutiny on imported raw materials and other ingredients, not only from China, but from all 3rd World suppliers. How the FDA and other regulatory agencies actually...
Eric GruffApril 16, 2008
AtheroGenics' AGI-1067 Shows Some Promise, But There Are Still Questions
Analysis of: AtheroGenics Announces Encouraging Interim Results From Phase 3 Clinical Trial of AGI-1067 in Type 2 Diabetes | www.fiercebiotech.com
Author: Eric Gruff, Principal, E4 Consulting
The 3-month reduction in HbA1c demonstrated by AGI-1067 is promising, but I still have many questions regarding the design and outcomes. There are many existing therapies that lower A1c - many have undesireable side effects like weight gain or hepatotoxicity.
Eric GruffApril 14, 2008
Cubist's Antibiotic Cubicin is Tainted: A Mess Not of Their Doing? Maybe, Maybe Not.
Analysis of: Cubist Finds Its Antibiotic Cubicin Is Tainted | online.wsj.com
Author: Eric Gruff, Principal, E4 Consulting
The news that Cubist's Cubicin has been contaminated with 2-mercaptobenzothiazole (MBT) has caused great concern for patients. It appears that the MBT has leeched out of the Cardinal Health ReadyMED drug pumps that are used for delivering Cubicin. Regardless of who is at fault, everyone involved (Cubist,...

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