The University of Texas M.D. Anderson Cancer Center and Banner Health broke ground Tuesday on the campus of Banner Gateway Medical Center in Gilbert, Ariz.

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The losses at Boca Raton Community Hospital doubled in its fiscal first quarter, despite an improvement in its hospital operations, as Standard & Poor’s maintained a negative outlook for its ratings.

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University of Arizona researchers have won close to $1 million in grants to advance the study of aging.

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Canopy Financial filed for Chapter 11 bankruptcy, with its lawyer acknowledging that officials at the San Francisco company produced fraudulent financial statements.

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M. D. Anderson Banner Cancer Center marks the start of construction Tuesday with a groundbreaking ceremony for the 120,000-square-foot in Gilbert that will be dedicated to outpatient cancer care.

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Micromet Inc. will pocket $7.5 million next month through a development partnership with pharmaceutical giant Bayer Schering Pharma AG, which has decided to continue developing the smaller company’s technology for a new cancer treatment.

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Vanda Pharmaceuticals Inc. can deposit its first revenue check totaling $200 million Tuesday, the day an antitrust waiting period expired on a new sales agreement it’s inked with partner Novartis AG. (VNDA)

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Two national health care companies have selected Kansas City as a test market for a plan to reduce hospitalizations among Medicare patients. (CVH) (MHS)

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Terry Lamb Joins Specialty Infusion Pharmacy.
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Both the Royal Pharmaceutical Society of Great Britain (RPSGB) and the College of Pharmacy Practice (CPP) are committed to ensuring the success of the new professional leadership body (PLB) for pharmacy, which will be built on the foundations of the RPSGB. This will recognise the history and considerable contribution of the CPP to the personal professional development of its members.
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