AMDL to change name, ticker symbol
AMDL (Tustin, California) said that its stockholders have approved by verbal consent the name change and rebranding of the company as Radient Pharmaceuticals Corp. The new ticker symbol on the NYSE Alternext US will be "RPC."
AMDL said this name change more accurately reflects the company's core business and assets given its most recent news announcing the monetization strategy for the company's China-based subsidiary Jade Pharmaceuticals; formation of the newly formed, wholly-owned subsidiary AMDL Diagnostics focused on the commercialization of AMDL's Onko-Sure in vitro diagnostic cancer test; and introduction of the new Elleuxe high-end skin care line.
Power Plate International gets certification
Power Plate International (London) received certification as a Medical Device Manufacturer within the European Economic Area (EEA).
Power Plate International, while undergoing a rigorous audit process, also achieved full validation of its quality management system and concurrently received ISO 13485 certification. Power Plate International is the first specialized vibration exercise equipment manufacturer to have its full range of products certified as medical devices.
The Power Plate machine has been developed to optimize the effects of acceleration training exercise and offers a multitude of health and fitness benefits for a wide range of users, from athletes seeking to increase performance through to individuals wishing to improve their general health and fitness.
PhotoMedex not in Nasdaq compliance
PhotoMedex (Montgomeryville, Pennsylvania) said that it recently received notification from The Nasdaq Stock Market that the company was not in compliance with the $1 minimum bid price requirement for continued listing on Nasdaq's Global Market exchange under Nasdaq Marketplace Rule 4450(a)(5). Such a notification letter is issued when the bid price of a Nasdaq-listed company closes below $1.00 per share bid price for 30 consecutive business days.
PhotoMedex makes excimer laser and fiber optic systems and techniques directed toward dermatological applications.
Karl Storz relocates U.S. department
Karl Storz (Tuttlingen, Germany), a maker of minimally invasive endoscopic technology and operating room integration solutions, reported that it has relocated key logistics departments of its U.S. subsidiary, Karl Storz Endoscopy-America, from Charlton, Massachusetts, to nearby Southbridge, effective Sept. 21, 2009. The company recently leased the Southbridge building to allow for expansion and upgrading of product warehousing and distribution capabilities within North America.
The 47,000-square-foot Logistics Center in Southbridge provides nearly twice the space as the company's previous warehouse facility. "The acquisition of this new building in Southbridge enabled us to expand the scope of our existing operations, offering a number of advantages to our customers as well as the company," said John O'Keefe, director of operations, Karl Storz Endoscopy-America. "With the added space and enhanced product handling and shipping capabilities, we will be able to better serve our customers and operate much more efficiently."
Cohera Medical receives ISO certification
Cohera Medical (Pittsburgh) said that it has received certification to the ISO 13485:2003 International Standard for the Design, Development, and Manufacture of Surgical Adhesives. Receipt of the certification allows Cohera Medical to proceed with the CE Mark registration and approval process for TissuGlu, the company's internal surgical adhesive, upon completion of development for its first indication to optimize healing and prevent fluid accumulation following abdominoplasty procedures.
The British Standards Institution issued the certification following an assessment and audit of the Company's quality management system and associated policies and procedures. The ISO 13485 certification is a required component of the CE Mark process for registration/approval of medical devices in the European Union. sonal Help Button became entangled on other objects worn around the neck.