Life, Herbalife ( Hlf ), Heme Stock Update From Pennytobuck.com
President Obama has pledged 630 billion dollars over the next 10 years to the industry.
Healthmed Services, Ltd. (OTC:HEME), an innovative software development company, is pleased with the recent studies and reports on information technology spending. HEME foresees their products as being a nice fit in the technology upgrades being made as part of the healthcare industry modernization. It is expected that healthcare spending in general could reach 4.5 trillion dollars by 2019.
The US American Recovery and Reinvestment Act of 2009 has already awarded 70 billion dollars through the US Department of Health and Human Services to the healthcare industry. According to Juniper Research, spending on mobile hardware, software and services across the global healthcare sector is set to rise to $2.7 billion in 2010.
Research firms show to positive growth in hardware and software spending, which will contribute to a tech recovery in 2010. However, despite the recession, more than 50% of companies are still increasing their IT budget annually.
HEME is developing a remote software product that will mobilize healthcare professionals and increase their efficiency by allowing them to interact with their stationary PC and do electronic charting from anywhere in the facility and also also them to update patient records, all via an iPAd. The product is an innovative measure that will simplify record-keeping.
Herbalife Ltd. (NYSE:HLF) Chief Financial Officer John DeSimone, and Amy Greene, vice president, investor relations, will participate in the 2010 Bank of America Merrill Lynch Investment Conference on Tuesday, September 14, 2010 at 2 p.m. PDT. The audio portion of the presentation will be webcast live, and a replay will be available until Tuesday, September 28, 2010 on the investor relations section of Herbalife's website at http://ir.herbalife.com.
Herbalife Ltd. is a global network marketing company that sells weight-management, nutrition, and personal care products intended to support a healthy lifestyle. Herbalife products are sold in 73 countries through a network of approximately 2.1 million independent distributors. The company supports the Herbalife Family Foundation and its Casa Herbalife program to help bring good nutrition to children. Herbalifes website contains a significant amount of information about Herbalife, including financial and other information for investors at http://ir.Herbalife.com. The company encourages investors to visit its website from time to time, as information is updated and new information is posted.
Life Technologies Corporation (Nasdaq:LIFE), a provider of innovative life science solutions and SG Biofuels, Inc., a bioenergy crop company, recently reported that they have completed sequencing the Jatropha curcas genome to 100x coverage, using the SOLiD 4.0 System by Life Technologies. The sequence significantly accelerates the identification of key traits for the oilseed-producing crop and advances its development as a high yielding, low-cost source for next generation biofuel.
Jatropha curcas is a non-edible shrub that is native to Central America. Its seeds contain high amounts of oil that can be used for a variety of bio-based materials including feedstock substitutes for the diesel, petrochemical and jet fuel industries. It can be effectively grown on marginal lands that are considered undesirable for food crops, making it a viable option as a new biofuel.
Life Technologies Corporation is a global biotechnology tools company dedicated to improving the human condition. LIFE's systems, consumables and services enable researchers to accelerate scientific exploration, driving to discoveries and developments that make life even better. LIFE customers do their work across the biological spectrum, working to advance personalized medicine, regenerative science, molecular diagnostics, agricultural and environmental research, and 21st century forensics. LIFE had sales of $3.3 billion in 2009, employs approximately 9,000 people, has a presence in approximately 160 countries, and possesses a rapidly growing intellectual property estate of approximately 3,900 patents and exclusive licenses. LIFE was created by the combination of Invitrogen Corporation and Applied Biosystems Inc., and manufactures both in-vitro diagnostic products and research use only-labeled products.
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