Healthcare

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1

Maccabi offers coverage of every prescription drug in world

Healthcare
  However, patients who already need a specific drug not in the government's health basket, before joining the policy, cannot be insured for it.
  Shay Niv and Ron Stein 04/03/2010
 Maccabi Healthcare Services is launching a new insurance program which will cover every prescription drug in the world, which is not already in the government's basket of approved drugs. The program ...
2

Biomedix unit signs distribution deals throughout Europe

Healthcare
  The company's product is already distributed in Germany.
  Globes' correspondent 04/03/2010
 Biomedix Incubator Ltd. (TASE: BMDX ) said today that biotech company Israel Biomedical Innovations (IBI), the company previously called Endogun, has signed additional distribution agreements for its...
3

Itamar Medical extends sleep device deal with US insurer

Healthcare
  Shares in Itamar Medical jumped over 12% by early afternoon.
  Globes' correspondent 04/03/2010
 Itamar Medical Ltd. (TASE: ITMR ) has extended an agreement with Kaiser Foundation Health Plan, Inc. for the sale of its sleeping disorder diagnostic device and related services. The deal, reached The...
4

InterCure bonds rise on debt deal talk

Healthcare
  Series B bondholders will gain control of the company.
  Gali Weinreb 03/03/2010
 Sources inform ''Globes'' that yesterday's 5.5% rise in the share price of InterCure Ltd. (TASE: INCR-L ), which developed a non-invasive device for the treatment of hypertension, was due to progress...
5

ProteoLogics IPO oversubscribed three-fold

Healthcare
  In response, ProteoLogics raised the price of units of shares and warrants by 23%.
  Gali Weinreb 03/03/2010
 Proteologics Ltd. marked up an extraordinary success in its IPO on the Tel Aviv Stock Exchange (TASE) yesterday. The public offering was oversubscribed nearly three-fold, with NIS 100 million in In ...
6

Court rules for Teva on Merck drugs

Healthcare
  Based on IMS data, annual US sales of the branded products were about $1.5 billion.
  Hillel Koren 03/03/2010
 Generic pharmaceuticals giant Teva Pharmaceutical Industries Ltd. (Nasdaq: TEVA ; TASE: TEVA ) believes that a US court ruling in its favor will allow the company to exclusively market generic Based ...
7

InsuLine Medical mulls TASE IPO

Healthcare
  The company's diabetes products have European approval and expect FDA approval witin a year.
  Gali Weinreb 02/03/2010
 Diabetic product development company InsuLine Medical Ltd. is yet another biomed company considering an IPO on the Tel Aviv Stock Exchange (TASE). Sources inform "Globes" that the company hopes to ...
8

Mori Arkin again ups stake in pain relief co NeurogesX

Healthcare
  Arkin now holds 20.4% of the Nasdaq traded US company.
  Gali Weinreb 02/03/2010
 Moshe (Mori) Arkin has acquired an additional 1.2% holding in US biotechnology company NeurogesX Inc. (Nasdaq: NGSX). He now holds 20.4% of the pain relief company. Arkin, who several years ago sold ...
9

AesThera sale disappoints

Healthcare
  AesThera raised $20 million in venture and private capital funding.
  Gali Weinreb 02/03/2010
 Medical aesthetics devices company Solta Medical Inc. (Nasdaq: SLTM) has acquired AesThera Corporation for $5.25 million in cash and shares, plus possible milestone payments. Baseline milestone A ...
10

LifeWave granted patent

Healthcare
  The company's prototype blood flow enhancement device uses this process.
  Globes' correspondent 02/03/2010
 LifeWave Hi-Tech Medical Devices Ltd. (TASE: LIFE ) has obtained a patent from the Israel Patent Office for its process of improving blood flow. The blood flow enhancement device uses this process for...

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