Standards have the power to turbo-charge innovation and fuel business growth. From design and manufacturing to distribution and marketing, all products and services are affected at some point by standardization. But standards and conformance also impact the strength of the American workforce.
Founder George Hepburn says he owed BB&T Bank $10 million on a line of credit. He told employees in a letter that he had to temporarily lay off about 70 percent of the workforce after the bank used $1 million he had earmarked for payroll to pay down his debt.
Since it broke out in China in March, the bird flu strain has infected more than 130 people and killed 43. Researchers say that genetically engineering this virus in the lab could help track whether it's changing in the wild to become a bigger threat.
A Chinese researcher was sentenced Tuesday to time served plus two years of probation on charges stemming from the theft of a research drug from a Wisconsin medical school. Hua Jun Zhao, 41, had pleaded guilty in July to a reduced charge of illegally downloading research data from the Medical College of Wisconsin, where he worked as a researcher.
The ruling by a Shanghai court expands use of the vaguely worded, 5-year-old anti-monopoly law and raises the possibility of action against other foreign companies. It comes amid Chinese investigations of possible bribery, price-fixing and other misconduct by global suppliers of milk, pharmaceuticals and other products.
The FDA said Wednesday that the strips are contaminated with a chemical used in the manufacturing process, which interferes with readings. FDA regulators are working with the company to investigate the problem and make sure it is corrected.
Many blame a system in which the country's hospitals nearly all are state-run but get too little money from Beijing. Most of China's 2.3 million doctors are hospital employees and are barred from adding to their income by taking on second jobs.
A prominent hacker who discovered a way to have automatic teller machines spit out cash and was set to deliver a talk about hacking pacemakers and other wireless implantable medical devices has died in San Francisco, authorities and his employer said.
More than a year after Japan's Supreme Court ordered camera and medical-equipment maker Olympus to stop punishing a whistleblower and reinstate him to his regular job, Masaharu Hamada is still fighting his courtroom battle. On Monday, he got company.
Panasonic Corp. said Friday it will sell its ultrasonic diagnostic equipment business to Konica Minolta Inc. in January 2014 as part of efforts to improve its financial base eroded by the firm's recent sluggish performance. Panasonic will sell the business operated by its health care subsidiary Panasonic Healthcare Co.
Since the whole purpose of the mechanism is to give those confined to a wheelchair greater mobility, the engineers sought a practical, yet empathetic approach to the design process. They wanted to create a device that was durable, yet lightweight. It was important to make the end product intuitive enough for people to use with ease and comfort.
A federal indictment unsealed Wednesday accuses former ArthroCare Corp. chief executive Michael Baker and former ArthroCare finance chief Michael Gluk of conspiracy, 11 counts of wire fraud and two of securities fraud. Baker also is charged with three counts of making false statements.
Researchers have developed a drug delivery technique for diabetes treatment in which a sponge-like material surrounds an insulin core. The sponge expands and contracts in response to blood sugar levels to release insulin as needed. The technique could also be used for targeted drug delivery to cancer cells.
An experimental surgical knife can help surgeons make sure they've removed all the cancerous tissue, doctors reported Wednesday. Surgeons typically use knives that vaporize tumors as they cut, producing a sharp-smelling smoke. The new knife analyzes the smoke and can instantly signal whether the tissue is cancerous or healthy.
The agency said Monday it cleared the NEBA system to help confirm ADHD for people ages 6 to 17. Doctors can use the device to confirm an ADHD diagnosis or to determine if more testing is necessary. The device, from Augusta, Ga.-based NEBA Health, measures the frequency of two standard brain waves known as theta and beta waves.
Abbott Laboratories announced Monday it would pay a combined $560 million to acquire two privately-held companies focused on coronary implants and laser-assisted eye surgery.The acquisitions of Idev Technologies and OptiMedica Corp will help the health care company expand its medical device offerings.
In April, Bender launched a company based on an odd-looking device he invented to help others avoid the knee troubles that put an end to his promising NBA career. Already, he's brokered a deal with California-based Relax The Back retail chain, which sells wellness, fitness and medical items coast to coast.
It could mean no more having to check up on Mom or Dad every morning: Motion sensors on the wall and a monitor under the mattress one day might automatically alert you to early signs of trouble well before an elderly loved one gets sick or suffers a fall.
The first of thousands of federal surgical mesh lawsuits filed nationwide has gone to trial in West Virginia. The case is one of four bellwether cases that U.S. District Judge Joseph Goodwin will hear in Charleston to determine the next step in litigation for the remaining lawsuits.
China took aim this week at prices of two high-profile necessities — first baby formula, then medicines — as the country's communist leaders try to contain surging living costs that threaten to inflame political tensions. A probe into possible price-fixing by foreign milk suppliers prompted at least two companies to announce a price cut.
Chip Starnes, who said he was "saddened" by the experience, told The Associated Press a deal was reached overnight to pay the scores of workers who had demanded severance packages similar to ones given to laid-off co-workers in a phased-out division, even though the company said the remaining workers weren't being laid off.
E-Switch has announced that it is now offering red, green or blue (RGB) color options for the UPL series of LED illuminated pushbutton switches. These switches come with a choice of SPDT or DPDT circuit options, plus momentary or latching options.
The executive, Chip Starnes of Specialty Medical Supplies, denied the workers' allegations of two months of unpaid wages, as he endured a fifth day of captivity at the plant in the capital's northeastern suburbs, peering out from behind the bars of his office window.
Doctors are reporting a major step toward an "artificial pancreas," a device that would constantly monitor blood sugar in people with diabetes and automatically supply insulin as needed. A key component of such a system — an insulin pump programmed to shut down if blood-sugar dips too low while people are sleeping — worked as intended in a three-month study of 247 patients.
The workers were expecting wire transfers by Tuesday, he said, adding that about 80 of them had been blocking every exit around the clock and depriving him of sleep by shining bright lights and banging on windows of his office. He declined to clarify the amount, saying he wanted to keep it confidential.