ALLEGAN - Shares of Perrigo Co. dropped to an annual low Tuesday after the drugmaker reported a smaller profit than analysts expected and cut its fiscal 2009 expectations. Perrigo said its profit fell 27 percent, to $25 million, or 27 cents per share, from $34.3 million, or 36 cents per share, a year earlier. That
KALAMAZOO - About 45 healthcare leaders from Southwest Michigan and the State of Michigan met Jan. 8 to explore technology opportunities for a planned Southwest Michigan Health Information Exchange. Five IT equipment and service providers -- Axolotl, Covisint, eClinicalWorks, GE Healthcare and Medicity - showcased technology capable of linking healthcare providers throughout Berrien, Branch, Cass,
ANN ARBOR - The MPowered Career Fair is right around the corner. If your technology or life science company is looking for super-smart, full- or part-time student-power - you'll find it at the University of Michigan on Feb. 11. This event is designed specifically for small businesses to connect with U-M students for both full-time
GRAND RAPIDS - After seven years of leadership at Van Andel Education Institute, Gordon Van Harn, Ph.D., has announced his retirement, effective Jan. 1, 2009. Van Harn will continue to serve on the VAEI Board of Trustees and the Van Andel Institute Graduate School Board of Directors. Assuming the post of VAEI director is VAI
ANN ARBOR - You have invented a new technology, but how can you start a company to commercialize this technology? BioArbor has assembled an expert panel of three scientists who have successfully started companies and will speak to issues critical in starting companies, building teams, developing technology into products and funding ventures. Speakers: David Humes,
ALLEGAN - Perrigo Company Monday announced that it has received final approval from the U.S. Food and Drug Administration for its Abbreviated New Drug Application for over-the-counter Ibuprofen and Diphenhydramine Citrate Tablets, 200/38 mg. Perrigo is expecting to begin product shipments to retailers during the first quarter of calendar year 2009. The product will be
LANSING - Bidding on providing physicians and hospital care for prisoners has yielded a new provider for the Department of Corrections, a company based in Tennessee, according to reports. Prison Health Services, based in Brentwood, Tennessee, will reportedly take over the prison healthcare system in April, replacing Correctional Medical Services for the $326 million contract.
ANN ARBOR - The University of Michigan announced plans Thursday to purchase the former Pfizer R&D facilities for $108 million. U-M officials said the move will directly create at least 2,000 jobs during the next decade and accelerate expansion of the nation's second ranked research university's activities, so critical to the state's economic development. "This
LANSING - As part of an effort to address health care issues on a statewide level, many states have turned to health information technology as a way to reform the system, according to a recent report from the National Conference of State Legislatures. NCSL documented a surge in health information technology initiatives, noting that of
GRAND RAPIDS - Van Andel Institute honored Dennis J. Slamon, M.D., Ph.D., and biotechnology company Genentech, with the 2007 Daniel Nathans Memorial Award for their roles in the development of the breast cancer drug Herceptin. Slamon and Arthur D. Levinson, Ph.D., who accepted the award on behalf of Genentech, presented lectures to the public this