Taglich Brothers reiterated a Speculative Buy and $10 target on CollabRx, whose software helps physicians interpret genetic test results. The analysts expect revenue near $16.5 million by 2020 while the company runs at a loss for about two years and cash burn increases.
Section archive
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Miscellaneous
Other health and consumer news.
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Miscellaneous
FDA warns consumers about potential health risks from using Thorne Research’s Captomer products
FDA is warning consumers not to buy or use Thorne Research's Captomer or Captomer-250, sold as supplements for heavy metal chelation and listing the prescription ingredient DMSA. Thorne agreed to recall them. FDA says no over-the-counter chelation products are approved.
Miscellaneous
We're hot on their trail!
A Center for Media and Democracy newsletter rounds up the week's reporting: Wisconsin's economic development agency falling short of Governor Walker's 250,000-job promise, pesticide and GMO company spending in Hawai'i, and a judge overturning the state's same-sex marriage ban.
Miscellaneous
United Fresh Announces New Product Award Winners Highlighting Innovation, Creativity of Fresh Produce Industry
Attendees at United Fresh's Chicago convention voted New Product Award winners in five categories from more than 40 entries: FoodLink Fresh, Crunch Pak's Marvel Apple Snacker, Josie's Organics Romaine Hearts, Turatti's strawberry capper and Mastronardi's Y.E.L.O.
Miscellaneous
Highmark Marketing (CSE:HMK) Lists on Canadian Securities Exchange - Video News Alert on Investmentpitch.com
Highmark Marketing began trading on the Canadian Securities Exchange as HMK. The British Columbia nutraceutical company's first line is Vitapect, financed by the EU to treat Chernobyl victims, and it has signed a letter of intent to buy the Mobiweed dispensary-mapping sites.
Miscellaneous
Woman of the Year-Nominations Open-San Diego Mag Produces Exec Panel with Qcom, USD and SD Zoo
San Diego Magazine opened nominations, due July 13, for its annual Woman of the Year award honoring local female business leaders. This year's event adds a 45-minute panel with executives from Qualcomm, the San Diego Zoo and the University of San Diego.
Miscellaneous
Pneumatic Nailers, Ottomans Recalled
Hitachi Koki is recalling about 25,000 pneumatic nailers in the U.S. that can jam and override the safety switch limiting firing to one nail at a time, and is offering repairs. The same CPSC bulletin carries a Big Lots ottoman recall over a fall hazard.
Miscellaneous
Smiths Medical - Portex Low Dead Space Connector with Sideport, 3.5mm
Smiths Medical is recalling one lot of Portex low dead space connectors after 3.0mm connectors were packed in boxes labeled 3.5mm. The FDA classed it a Class I recall, its most serious category, and customers were told to pull and return affected stock.
Miscellaneous
News from CPSC: Public Calendar
The CPSC's weekly public calendar lists no Commission briefings or decision meetings for the week of June 16, 2014, along with staff meetings with outside parties, future meetings and an addendum. Listed meetings are open to the public unless stated otherwise.
Miscellaneous
MMWR News Synopsis for June 12, 2014
CDC's MMWR reports cancer survivors carry average annual medical costs of $8,100 for men and $8,400 for women plus lost productivity, with about 32 percent limited in daily activities. A second item urges stronger measles vaccination efforts in the Eastern Mediterranean Region.
Miscellaneous
Cigarette smoking among U.S. high school students at lowest level in 22 years
CDC's 2013 Youth Risk Behavior Survey put high school cigarette smoking at 15.7 percent, the lowest since 1991 and past the Healthy People 2020 target. Fighting also fell, but smokeless tobacco use has not changed since 1999 and cigar use runs at 23 percent among male seniors.
Miscellaneous
US cancer survivors face significant economic burden
A CDC study in MMWR estimates male cancer survivors carried more than $8,000 in annual medical costs and $3,700 in lost productivity from 2008-2011, against $3,900 and $2,300 for men with no cancer history. Female survivors averaged $8,400 and $4,000.
Miscellaneous
Medtronic CoreValve® System Receives FDA Approval for Patients at High Risk for Surgery
The FDA approved Medtronic's self-expanding CoreValve System for severe aortic stenosis patients at high surgical risk, skipping an advisory panel review. In the pivotal high-risk study, one-year survival was 85.8 percent with CoreValve against 80.9 percent with surgical valve replacement.
Miscellaneous
Thomson Reuters Checkpoint Releases Special Report to Help Employers, Accounting Firms, and Other Advisors Navigate ACA "Play or Pay" Penalties
Thomson Reuters published a free special report on the Affordable Care Act's employer shared responsibility penalties, which begin in 2015. It covers tracking hours of service, determining large employer status, identifying employees who can trigger a penalty and checking transition relief.
Miscellaneous
Geron Reports Removal of Partial Clinical Hold on Myelofibrosis IST
FDA lifted the partial clinical hold on an investigator-sponsored trial of imetelstat in myelofibrosis after Mayo Clinic's Dr. Ayalew Tefferi supplied follow-up data on whether the drug's liver toxicity reverses. Geron's own IND for imetelstat remains on full clinical hold.
Miscellaneous
Her Highness Sheikha Arwa Al Qassimi Joins Board of Sightsavers Following Work With Food for Change and Other Philanthropic Initiatives
Sightsavers announced that Sheikha Arwa Al Qassimi, of the Sharjah and Ras Al Khaimah royal family, has joined its board. The charity says 80 percent of the world's 39 million blind people have preventable or curable blindness.
Miscellaneous
Bubble Knobs Recalled by Cost Plus
Cost Plus is recalling about 251,400 glass bubble cabinet and drawer knobs that can break and expose sharp glass. The firm has received five reports of broken knobs and five hand or finger lacerations; buyers can return them to any World Market store for a refund.
Miscellaneous
200 Schools to Receive Salad Bars from Let’s Move Salad Bars to MIDWEST Schools
The United Fresh Produce Association will donate salad bars to 200 schools in Illinois, Indiana, Michigan, Minnesota, Ohio and Wisconsin, reaching an estimated 100,000 students. It is the start of a multi-year Let's Move Salad Bars to Midwest Schools campaign.
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