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A Mountain View medical device company founded in 1992 says it expects to turn the corner on profitability this year, bolstered by last month's approval by Medi-Cal of its novel permanent birth control procedure.
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TelaDoc Inc., which supplies consumers with over-the-phone consultations with physicians, has raised about $5.3 million in a second round of funding.
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While Anthem Blue Cross continues a legal fight over a gag order on contract terms with one group of health care providers, it is trying to impose similar restrictions on another group, doctors say.
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Oral diagnostics company Zila Inc., which lost $104 million between 2004 and 2007 from its continuing operations, expects to be cash-flow positive by the fourth quarter.
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Phoenix-area trial attorneys are looking to file suit against pharmaceutical giant Bayer AG over problems suffered by some patients who used Trasylol.
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Caught between tight capital markets and escalating drug development costs, Bay Area biotechs are dealing to live another day.
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Tethys Bioscience Inc. is launching a new test that can identify people at high risk of developing Type 2 diabetes within five years - allowing them to take steps to reduce their risk.
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Hemispherx Biopharma Inc. said Monday its arbitration proceeding with Laboratorios del Dr. Esteve has been settled and is being dismissed by mutual agreement. (HEB)
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