Barcelona-based Grifols (Nasdaq: GRFS) doubled its first quarter net profit thanks to its acquisition of Talecris last year.

That’s according to a Reuters report that puts Grifols’ first quarter net profits at $67.5 million Euros, or $88.6 million.

Grifols’ purchase of RTP-based Talecris was the largest deal in the Triangle last year.

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Carolina Liquid Chemistries is launching the first product from its new headquarters located at the Piedmont Triad Research Park’s Wake Forest Biotech Place building.

The device, called the CLC 720, is a chemistry analyzer that can process 100 different blood chemistry tests for such things as glucose or cholesterol levels or drug abuse. The system received FDA clearance in March and is the second chemistry analyzer that Carolina Liquid Chemistries has developed in the research park.

In a press…

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University of California, San Francisco Chancellor Susan Desmond-Hellmann M.D., will introduce a $100 million fundraising campaign on Tuesday designed to offset state spending cuts, UCSF said Monday.

The effort will be highlighted during an April 24 address, officials said, calling it a first-of-its-kind philanthropic effort. It seeks $80 million to pay for new scholarships and fellowships and $20 million to help fund curriculum innovations, “inter-professional education” and teaching facilities.

Desmond-Hellmann…

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IntegenX Inc. will buy a wholly owned subsidiary of GE Healthcare Bio-Sciences, a move that the Pleasanton-based company said will help its DNA identification system get to market sooner.

Financial terms of the deal around the intellectual property and the patent portfolio held by General Electric Co. subsidiary SV Corp. were not disclosed.

IntegenX, which late last year raised $40 million in a Series C round of funding, plans to start selling its RapidHIT 2000 system later this year. The system,…

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The Kentucky General Assembly ended its special session this evening after passing a two-year road plan and legislation to address prescription-drug abuse in the state.

A bill to fund the $4.5 billion Kentucky Transportation Cabinet’s operating budget for the next two years was approved by the Senate today on a 37-1 vote, according to a news release from the Legislative Research Commission. It had cleared the House on Wednesday by a vote of 96-2.

The legislation contains more than $1 billion…

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There are 113 medical technology and bioscience companies in the Sacramento region, a 10 percent increase from 2011, a new report shows.

The figure includes 21 new companies and removal of 11 from the list because they moved, went out of business or did not meet criteria for the Sacramento Area Regional Technology Alliance report.

The number of med-tech and bioscience jobs in the region declined slightly, to 4,712 from 4,740, but 91 of the companies have headquarters here, suggesting promise of…

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HCA Holdings Inc. said Thursday it has named a former longtime Colorado hospital executive, Sylvia Young, as president of its Continental Division, which oversees the Denver area’s seven HealthOne hospitals as well as two hospitals in Kansas.

Young will succeed Jeff Dorsey, who announced in March he plans to retire May 31.

Young, 50, is a 27-year veteran of hospital administration, said Nashville-based HCA (NYSE: HCA). From 1998 to 2007, she was CEO of the Medical Center of Aurora and Centennial…

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Gov. Neil Abercrombie has released more than $34.2 million for capital improvement projects at schools, hospitals and communications facilities around Hawaii, including $9.3 million to build a new eight-classroom building at Waipahu Elementary School on Oahu.

The new building at Waipahu Elementary School will include six general education classrooms, a special education classroom and a computer resource classroom.

The funds also include $8 million for the design, construction and/or relocation…

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Colorado House members gave final approval Wednesday both to a formerly controversial hospital charity-care bill that received bipartisan backing and to a formerly well-liked bill expanding Regional Tourism Act (RTA) designees that squeaked through the House along partisan lines.

Both measures now go to Gov. John Hickenlooper.

Senate Bill 134, sponsored by Sen. Irene Aguilar, D-Denver, requires hospitals to offer discounted care to all uninsured patients with annual incomes of 250 percent of federal…

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Profits at Cubist Pharmaceuticals (Nasdaq: CBST) surged 45 percent in the first quarter of 2012 compared with the first quarter of 2011, the Boston Business Journal reported.

Sales of antibiotic Cubicin drove the profits at the Lexington, Mass., biotech, the paper reported.

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