Just a few short weeks after Uptake Medical (Tustin, California) reported the first commercial use in Europe for its InterVapor System the small med-tech company is revealing that it has garnered approval for the device in Australia.

With all the talk these days of budgetary belt-tightening on Capital Hill, it's a bit of a relief to know that at least one healthcare sector will see a surge in federal spending. Not too surprisingly, that sector is healthcare information technology (HIT0.