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J & J: Hospital Deal Will Hurt Medical Device Sales
The CFO for Johnson & Johnson"s said President Obama"s deal with hospitals to cut Medicare costs will reduce the sales of medical devices, Bloomberg reports: "Hospitals buy medical devices, including J&J"s artificial hips and stents to prop open clogged arteries, directly from the manufacturer, (Johnson and Johnson CFO Dominic) Caruso said today in an interview with Bloomberg News. The hospitals are reimbursed by government-run health plans for the cost of a procedure regardless of the price of the equipment, pressuring hospitals to cut purchases of the latest technologies, he said. ò€¦ "The deal that the hospital industry struck will obviously have an impact on the medical-device business," Caruso said. "Medicare reimburses the hospital for a basket of costs related to a procedure, of which medical devices are included"" (Randall, 7/14).
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ImmunoCellular Therapeutics Reports Additional Data From Promising Brain Cancer Clinical Trial
ImmunoCellular Therapeutics, Ltd. (OTCBB: IMUC) (IMUC), a biotechnology company, presented promising clinical data from a Phase I trial evaluating ICT-107, the company"s dendritic cell-based cancer vaccine product candidate for the treatment of glioblastoma. These data were reported at the American Society of Clinical Oncology Meeting in Orlando, Florida (Abstract #2032), and supplement the preliminary data from the completed clinical trial that the Company reported in December 2008.
News of the day
Organizations Partner For HIV Testing Initiative In Staten Island, N.Y.
As part of an effort to encourage Staten Island, N.Y., residents to be tested for HIV, the CARE Network, the Black Leadership Commission on AIDS and the City Council"s Communities of Color Faith Initiative, have partnered to launch the "Staten Island HIV Status Check Campaign," the Staten Island Advance reports. "Status Check" postcards that include information on free local HIV testing locations, HIV educational literature and condoms will be distributed by local organizations and businesses as part of the initiative. The goal is to reach the 56 percent of local residents who have never been tested for HIV, Karina Ryan, CARE Network coordinator, said (Slepian, Staten Island Advance, 6/18).
Diagnostics

Brits Abroad Leave Depressed Friends At Home

New research reveals Brits prefer to rearrange or cancel their summer holiday than go with a friend who has mental illness. The British would prefer to go on their summer holiday with a friend who has a criminal record than go with a friend who has a mental health problem, a new survey as part of the Time to Change campaign [1] has found. The results confirm that the taboo of mental health has the power to destroy existing friendships, when the support of friends is vital for people dealing with mental health problems. The survey found that almost 40 per cent [2] of British people said they"d rearrange a planned holiday with a friend if they found out they had a mental health problem. This compares with just nine per cent if they found out their holiday partner had a criminal record. The findings back up research [3] that shows that discrimination and stigma prevents people with mental illness from living a full life and reduces their opportunity to undertake activities that would help them get better. This is despite mental health problems being common, affecting 1 in 4 of us at some stage [4]. Stigma and discrimination prevents nine out of ten people with a mental illness doing everyday things like having relationships with friends and family [5]. Yet the same research shows that support from friends can be crucial in helping people with mental illness get better [6]. Small actions like calling on the phone, going on holiday, or just staying in touch can make a world of difference. "Summer holidays are a time to catch up with friends, but the stigma of mental health means that the very people who most need the support of their friends are being left at home," Sue Baker, Director of Time to Change, said. "At one of the most sociable and happy times of the year, we call on friends and family to make the change and support their loved ones with a mental health problem not turn away when they need you the most." Jenny Lewis, who has had schizophrenia says: "Me and a friend had planned to go on a city break in Europe, when some people told her that it would be risky sharing a room with me because I"m dangerous. They knew nothing about me and were basing their ideas on discriminating stereotypes. I was lucky, however. My friend was very supportive. We went on holiday and had a great time. Yet not everyone is as lucky as me. It was good that my friend saw me rather than the label. It would have hurt me if she had listened to this other person. Thank goodness she didn"t!" The Time to Change campaign is England"s biggest and most ambitious programme to end mental health discrimination. The campaign is run by leading mental health charities Mind and Rethink, and backed by ÷£16 million from the Big Lottery Fund [7] and ÷£4 million from Comic Relief [8]. Notes 1. Time to Change is England"s most ambitious programme to end the discrimination faced by people with mental health problems, and improve the nation"s wellbeing. Mind and Rethink are leading the programme, funded with ÷£16m from the Big Lottery Fund and ÷£4m from Comic Relief, and evaluated by the Institute of Psychiatry at King"s College, London. For further information go to http://www.time-to-change.org.uk 2. 39 per cent. All figures, unless otherwise stated, are from YouGov Plc. Total sample size was 1954 adults. Fieldwork was undertaken between 7th - 9th July 2009. The figures have been weighted and are representative of all GB adults (aged 18+). 3. Stigma Shout - service user and carer experiences of stigma and discrimination 4. Office for National Statistics 5. Stigma Shout - service user and carer experiences of stigma and discrimination 6. Stigma Shout - service user and carer experiences of stigma and discrimination 7. Royal College of Psychiatrists: Mental Health and Work, http://www.workingforhealth.gov.uk 8. The Big Lottery Fund"s support for Time to Change comes from its ÷£165m Well-being programme. The Big Lottery Fund has been rolling out grants to health, education, environment and charitable causes across the UK since its inception in June 2004. It was established by Parliament on 1 December 2006. Full details of the work of the Big Lottery Fund, its programmes and awards are available on the website: http://www.biglotteryfund.org.uk 9. Comic Relief is committed to supporting people living with mental health problems. The projects Comic Relief funds ensure people with mental health problems get their voices heard in the decisions that affect their lives and to get the help they need to recover. Comic Relief also helps people to promote their rights and reduce the stigma and discrimination they face so that they feel more included in society. The ÷£4 million grant to Time to Change is part of Comic Relief"s long standing commitment to this issue. For more information go to http://www.comicrelief.com MIND


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