The University of Miami’s Bascom Palmer Eye Institute has four expansion initiatives planned that total 547,475 square feet.

The first initiative is to double the size of its 6,157-square-foot office in Plantation.

By the fall of 2013, Bascom Palmer plans to add 21,318 square feet to its Palm Beach Gardens medical office – a nearly 50 percent increase in size.

In Naples, Bascom Palmer is adding 1,283 square feet to its office in the next few months, which also represents a 50 percent increase…

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Auxogyn Inc. said Thursday it has closed of the final tranche of its Series A funding.

The private Menlo Park-based company is focused on advancing women’s reproductive health and has raised $20 million to date. It specializes in a non-invasive early embryo viability assessment system called Eeva.

According to a prepared statement, the initial tranche was placed in May 2010, and investors in the round include Menlo Park-based Kleiner Perkins Caufield & Byers, San Francisco-based TPG Biotech and Merck Serono Ventures, the strategic venture capital fund of Merck Serono, the division for biopharmaceuticals of German chemical and pharmaceutical company Merck KGaA…

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Gilead Sciences Inc.’s stock rose 0.16 percent to close at $49.31 per share on Thursday, but was trading more than 1 percent down after hours.

The Foster City-based biopharmaceutical company (NASDAQ:GILD) reported net income for the fourth quarter of 2011 of $665.1 million, or 87 cents per diluted share, compared to $629.4 million, or 76 cents per diluted share for the fourth quarter of 2010.

The company said fourth quarter revenue increased 10 percent to $2.20 billion, from $2 billion for the fourth quarter of 2010…

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St. Elizabeth Healthcare has been denied Kentucky approval to open an advanced neonatal intensive care unit.

The hospital system applied in 2009 for the Level III NICU designation. But it failed to convince the Kentucky Cabinet for Health and Family Services the Kentucky needs the 12-bed service.

A spokeswoman for the organization said St. Elizabeth is likely to appeal the decision.

St. Elizabeth hoped to lure back the 990 Northern Kentucky women who leave the state to have their babies at Cincinnati Children’s Hospital Medical Center or elsewhere…

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Affymax Inc. said Thursday it has promoted Cynthia Smith to vice president, market access and commercial development.

Smith has been with the Palo Alto-based biopharmaceutical company (NASDAQ:AFFY) since 2008 as executive director, public policy, payer strategy, and operations.

“Cynthia has made significant contributions to Affymax over the last three years, helping to build and provide leadership to Affymax’s commercial organization, particularly as it relates to reimbursement and payer strategy,” said Jeffrey Knapp, chief commercial officer of Affymax in a prepared statement…

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D.C. Mayor Vincent Gray has tapped Elaine Crider, an independent project management consultant from Ward 8, to join the United Medical Center board of directors. He has also asked Virgil McDonald to remain on the board for another term.

D.C. Council must approve both appointments, which would run through 2014.

If confirmed, Crider will replace Robin-Eve Jasper, the former director of the D.C. Department of Real Estate Services, who was first appointed to the board by then-Mayor Adrian Fenty shortly after the District seized the hospital in 2010…

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A study published in this week’s PLoS Medicine shows that commercial electronic prescribing systems (commonly known as e-prescribing, in which prescribers use a computer to order medications for their patients through a system with the help of prompts, aids, and alerts) could substantially reduce prescribing error rates in hospital in-patients…
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NextLevel Pharma’s “Advancing clinical research in Turkey, the Middle East and North Africa” conference will bring together the local regulators and ethics committees, alongside experienced investigators and study personnel, as well as clinical trial experts from pharma and CROs…
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Louisville-based hospital operator Merit Health Systems LLC is selling off its current hospital portfolio in separate deals it describes as “successful monetization” of its hospital investments.

Merit, which is led local hospital veteran Ty Wilburn, already completed the sale of San Antonio, Texas-based Nix Health Care System and has an agreement to sell its New Jersey Hospital.

Terms of the deal were not disclosed.

According to a news release from Merit, Nix was sold to Prospect Medical Holdings Inc…

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Washington-based health care research and advisory firm The Advisory Board Co. saw earnings nearly double last quarter on higher sales and an increase in contract values.

The company’s fiscal 2012 third quarter net income was $8.1 million, or 46 cents per share, compared to net income of $3.9 million, or 24 cents per share, in the same quarter a year earlier. Revenue rose 33 percent to $100 million.

The Advisory Board says contract value at the end of the quarter was $386.6 million, up nearly 29 percent from a year earlier…

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