Wall Street Journal 2007 Technology Innovation Winners

by H.S. Ayoub, DMD
BioHealth Investor



The Wall Street Journal announced its annual Technology Innovation Winners of 2007. Here are the winners and runners-up in the Medical/Biotech and Medical Devices categories:

MEDICAL/BIOTECH

Winner:
Novarits (NVS) & Speedel (J6H1.F)
For finding a new approach to lowering high blood pressure. Novartis licensed Tekturna to Speedel to manufacture commercial quantities, then Novartis bought the drug back in 2002.


Runners-Up:
Genaco Biomedical Products, a unit of Qiagen (QGEN)
Using a single test to identify infectious organisms

Shire (SHPGY)
Treatment for Hunter syndrome, Elaprase

Abbott Laboratories (ABT)
Self-injectable treatment for Crohn's Disease, Humira

Schering-Plough (SGP)
Treatment for invasive fungal infections, Noxafil



MEDICAL DEVICES

Winner:

SeQual Technologies
The Eclipse, a 17-pound portable system that can provide concentrated oxygen for therapy.


Runners-UP:

Fonar (FONR)
Upright MRI, with improved imaging for babies, negating use of sedation.

Kyphon (KYPH)
Titanium implate to treat symptoms of lumber spoinal stenosis, X-Stop.





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