Flu vaccine developer Medicago gets $3.8M milestone for RTP facility

New flu vaccines made from tobacco plants could soon be made in Research Triangle Park, North Carolina. Vaccine company Medicago has received a $3.8 million milestone payment for its progress toward completing its new vaccine facility.

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Medicare cuts expected to wound nonprofit hospitals (Morning Read)

The 0.4 percent Medicare reduction in inpatient hospital rates for fiscal 2011 will hit nonprofits harder than their for-profit counterparts, according to Moody’s Investors Service.

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Morning Read: Did WHO waste millions in public money on H1N1?

Highlights of the important and the interesting from the world of healthcare:WHO are you? For its H1N1 flu pandemic preparation plan, the World Health Organization was advised by scientists who’d done work for drug companies that stood to benefit from the recommendations, a new report says. And a second report could also [...]

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Morning Read: Will health reform hammer corporate finances?

Highlights of the important and the interesting from the world of healthcare:Will health reform hammer corporate finances? A casual observer might see recent news that numerous companies will take financial hits from the health reform law and conclude that reform unnecessarily penalizes business. AT&T led the way, saying it’d take a $1 billion charge for [...]

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Meridian Bioscience shares rebound a bit after bad news

Updated 4:34 p.m.Shares of Meridian Bioscience Inc. rebounded a bit Thursday–a day after the Cincinnati diagnostic test maker cut its sales and earnings outlook for the fiscal year ending in September, sending its shares down 15 percent.Meridian shares rose 50 cents, or 2.5 percent, to $20.58 Thursday on the Nasdaq Stock Market. On Wednesday, the [...]

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Night Read (Ohio): Third Frontier voter campaign gearing up

An information session about a campaign to get the $700 million Ohio Third Frontier bond issue passed by voters in May will be held from 10:30 a.m. to noon on Tuesday, Feb. 23, at the Holiday Inn, Independence.

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The “Cadillac” tax lives: MedCity Morning Read, Jan. 15

Union leaders, Congressional Democrats and the Obama administration reached a deal that would lessen and delay the impact of the Cadillac tax on workers and would reduce the amount of revenue collected. Where that “lost” revenue will be collected could be bad news for the health industry.

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Drawbacks of the ‘Cadillac’ tax: MedCity Morning Read, Jan. 8, 2010

Upon closer examination, there are several problems with the so-called “Cadillac” tax of high-deductible health plans. Not the least of which is that it’s unlikely to control costs, many experts say.

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And Ben Nelson makes 60: MedCity Morning Read, Dec. 21, 2009

After securing the vote of Nebraska’s Ben Nelson, health overhaul proponents are “right on the one-yard line” and appear to have the votes necessary to pass the Senate health bill, according to presidential advisor David Axelord.

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The end of VC tax breaks? Don’t bet on it: MedCity Morning Read, Dec. 16, 2009

Will populist anger at what President Obama calls “fat-cat” bankers turn the tide against the generally well-compensated venture capital, private equity and hedge fund industries? With Obama’s economic advisers consisting chiefly of Wall Street insiders and free-market acolytes, don’t bet on it.

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