Sunday, 26 June 2016
Stollery’s diagnostic technology gives more accurate view of musculoskeletal system
Predictive Technology Group, Inc. (PRED) Announces Key Patent Issuance by US Patent and Trademark Office for Treating Patients With Genetic Spinal Deformities and Syndromes Award Provides Patent Protection for Multiple Therapeutic and Companion Diagnostic Products
Predictive Technology Group, Inc. (OTC PINK: PRED), a life sciences technology holding company, announced today that the United States Patent and Trademark Office (USPTO) has granted a fundamental patent (US Patent 9,370,431) that covers the practice of administering ANY spine deformation therapeutics to a patient having a spine deformation altered risk associated biomarker.
"We are pleased to see this latest patent issuance that supports PRED's novel approach to diagnosing spinal disorders and syndromes," said Mike Schramm, PRED's Director of Intellectual Property. "This issued US patent supports the commercial use of both our diagnostic and next-generation companion treatment products." The claims of the '431 application build on previously issued US patents 8,123,787 and 8,641,738 to which '431 claims priority and further bolster PRED's Intellectually Property position.
"We are gratified to see this latest patent issuance, which covers the core technology underlying the Company's first available molecular diagnostic test," said Bradley Robinson, President and Chief Executive Officer of Predictive Technology Group, Inc. "Furthermore, this fundamental patent covers not only spinal applications of our technology but establishes a precedent for the other patent applications that have been submitted on the Company's portfolio of next-generation diagnostic and companion treatment products."
The patent establishes the foundation of key intellectual property (IP) covering ANY treatment options (drug, surgery, bracing, etc.) for patients having a specific spine deformity biomarker. This newly issued patent is additive to previously announced patents. Furthermore, the Company has additional US and International patent applications pending and will pursue such applications with the objective of receiving additional issued patents in several other disease states.
The issuance of this new patent is a significant milestone for PRED.
For information about this release, contact Rich Kaiser, Investor Relations, YES INTERNATIONAL, 757-306-6090,
About Predictive Technology Group, Inc.
Predictive Technology Group, Inc. (PRED), through its wholly owned subsidiaries, revolutionizes the treatment of serious and debilitating diseases through the commercialization of novel therapeutics leveraged by proprietary gene-based companion diagnostics. The Company develops and/or acquires proprietary technologies that open windows into the origin of human disease and the role that genes and their related proteins play in diseases' onsets and progressions. PRED's subsidiaries use gene-based information as cornerstones in the development of new diagnostics that assess a person's risk of disease and therapeutic products designed to prevent effectively and/or treat diseases.
To the extent any statements made in this release contain information that is not historical, these statements are essentially forward-looking and are subject to risks and uncertainties, including the difficulty of predicting FDA approvals, acceptance and demand for new vaccines and other pharmaceutical products, the impact of competitive products and pricing, new product development and launch, reliance on key strategic alliances, availability of raw materials, availability of additional intellectual property rights, availability of future financing sources, the regulatory environment, and other risks the Company may identify from time to time in the future.
Source : Market Wired , 21st June 2016
The European spine surgery devices market is anticipated to hit $2.37 billion by 2020, acoording to a Market Reports World report.
Here are five key takeaways:
1. The market is anticipated to grow at a compound annual growth rate of 6.1 percent between 2015 and 2020.
2. A rising number of spine deformity cases and increasing popularity of non-fusion devices will spur market growth.
3. Additionally, a growing geriatric population and increasing advancements in minimally invasive techniques and biologics will boost market growth.
4. In 2014, the spinal fusion devices segment accounted for the largest market share.
5. Key market players include Stryker, DePuy Synthes, Zimmer Biomet, Medtronic, Alphatec Spine, NuVasive, Integra LifeSciences, Orthofix International, Globus Medical, LDR, K2M and B. Braun Melsungen.
Source : Beckers Spine , 24th June 2016
The proposed foot overbridge at Jayadev Vihar Square will be thrown open to public within a month with authorities working on the final installations at the facility.
The under-construction bridge at Jayadev Vihar in Bhubaneswar.
At present, the contractor is in the process of installing two lifts on both sides, ramps on the staircase for differently-abled persons and drinking water facility for the people.
“We are working on providing some additional features on the bridge, especially keeping in mind the need of differently-abled persons.
We will install tactile tiles, which will help the visually challenged persons find their ways.
Apart from this, we will also install ramps on the staircase, and lift will also be there to help the persons,” said a senior official of Ajanta Advertiser, the private partner that took up the project.
He further said the bridge would also have facilities such as cold drinking water kiosks, mobile charging points and shoe-shining machines. “The bridge will be lit up with energy efficient LED bulbs. The work is in the final stage. It will be over within a month. The bridge will be thrown open to the public,” he said. The project costs around Rs 2 crore.
Notably, this will be the first foot overbridge in Bhubaneswar.
The bridge will benefit a large number of citizens residing at Jayadev Vihar, Ekamra Vihar, Sriram Vihar, BDA Colony and its surrounding areas. This is the stretch, which connects commuters with the Nandankanan zoo and Patia, making it one of the busy stretches after Janpath.
“Jayadev Vihar is a one of the busy squares in the city that witnesses rapid flow of vehicles. Pedestrians are always at risk while crossing roads. This stretch houses a number of posh hotels, hospital and educational institutions.
A foot overbridge here is a necessity. This would benefit many,” said local resident Basudev Sahu.
However, the overbridge has missed its deadline by nearly two years. The Bhubaneswar Municipal Corporation had planned the project in the PPP mode in 2012, but work began late in 2014. Sources said the process to finalise the bridge’s location, 2014 general elections and unexpected weather had delayed the project.
“First, the bridge was proposed near the autorickshaw stand on the square. The auto drivers had opposed the move and the project got delayed in the beginning,”said a civic body official request of anonymity.
“Later, we stopped the work due to the 2014 general elections. Later, weather remained another hurdle for the work. The traffic is one more hiccup in continuing the work on this stretch,” he said.
Moreover, the civic body had also proposed to build two more foot overbridges — one near the Rama Devi Women’s University and the other at Master Canteen.
Work on these is, however, yet to begin. A corporation official said both the bridges had been planned on the Janpath, which was first chosen to be the corridor of Bus Rapid Transport System and now the stretch comes under Bhubaneswar Town Centre District under the Smart City Project.
“Under the Bus Rapid Transport System, chances are there for further expansion of the road, for which we had to stall the project. Also under the Bhubaneswar Town Centre District, this stretch will see an array of developments. We don’t want to risk money by building the bridge in a hurry and later demolish the same for other projects. However, the project is not cancelled, we hope to begin the work this year,” said the official.
Source : The Telegraph , 20th June 2016
Chhattisgarh chief minister Raman Singh on Saturday announced to set up a hostel here for physically challenged students.
"The scholarships given to the physically challenged students by the Social Welfare department will be doubled soon. A hostel, with capacity of 500, for such students will also be set up here," he said at an awareness workshop inaugurated under Accessible India Campaign (Sugamya Bharat Abhiyan).
Union minister for social justice and empowerment Thawar Chand Gehlot presided over the function jointly organised by the Centre and the state government.
"Gehlot has given in-principle consent to the Raipur hostel," Singh said. "The hostel will be sanctioned as soon as the proposal is sent to the Centre", Gehlot said.
The chief minister said identity cards will be issued to 6.25 lakh physically challenged persons of the state after conducting a survey in the next one year.
"The social welfare department had already issued 4.50 lakh identity cards to the physically challenged in the state. Prime Minister Narendra Modi had launched 'Sugamya Bharat Abhiyaan' to make the physically challenged stand on their own feet," he said.
"The main aim is to make access easy for the physically challenged people to all public and state government buildings in the entire state by December," Singh said.
Instructing the district Collectors to prepare a master plan in this regard, to be sent to the Centre as soon as possible, he said the Collectors had been empowered to spend up to Rs 1 crore on facilities to be ensured for the disabled at state government buildings.
Chhattisgarh is the first state in the country to provide six per cent reservation to the physically challenged in government jobs and it is making efforts to establish Composite Regional Rehabilitation centres at all divisional headquarters, Singh said.
Later in the day, Gehlot inaugurated the first Composite Regional Centre of the state for persons with disabilities in Rajnandgaon district. The centre will cater to education, housing, health, self-employment training, artificial limbs distribution for the physically challenged.
Source : TOI , 25th June 2016
Chanan Association, working for mentally impaired children, will hold a sexuality training camp for the parents, professionals and special teachers of children suffering from mental impairment on June 26 at the BD Arya Girls College Jalandhar Cantonment.
Guarav Chaddha, an expert, on these matters from Delhi has been invited on the occasion.
Association president Amarjit Singh Anand and general secretary Manish Aggarwal said since these children have different needs, confused parents usually grapple with the changes in them as they grow up. Often proper due to lack of information and guidance on these issues parents are not able to properly comprehend their needs.
They said the workshop has been held to spread awareness on these issues plaguing parents, which they often don't want to address directly either.
The session to be held from 9 am to 4 pm on June 26 and will see parents' questions on the issue being answered by delhi-based Dr Guarav.
Source : The Tribune , 20th June 2016
Source : The Tribune , 20th June 2016
Differently-abled students of Andhra University called off their five-day fast on Saturday after the authorities agreed to consider their demands.
Vice-Chancellor in charge E.A. Narayana and Registrar V. Umamaheswara Rao offered lime juice to the fasting students to make them call off their fast.
An AU press release said that hostel authorities were issued several guidelines to provide facilities to the differently-abled students. The students were also informed that the other facilities they sought would be taken up during the Executive Council meeting.
The city committee of National Platform for Rights of Disabled said that the health of four of the five students on fast deteriorated on Saturday and later, during discussions, the AU authorities agreed to waive the mess bill of the visually challenged students and take up the issue of other students in the EC meeting.
Till then, the differently-abled students need not pay mess bills.
Special campus drive for the disabled, special monetary benefits, modernisation of disabled cell, provision of a battery car for the differently-abled were assured, claimed State vice-president of NPRD K. Appala Naidu.
Source : The Hindu , 26th June 2016
Shirke has asked traditional test associations to make a short presentation during BCCI’s working committee meeting on June 24.