September 29, 2008 - Cardinal Health today revealed plans for a tax-free spin-off of its clinical and medical products businesses as a separate public company that will be led by current vice chairman and med-tech industry veteran David L. Schlotterbeck.

As a result of the spin-off, which the company anticipates to be completed by the middle of 2009, both companies are expected to benefit from enhanced management focus and sharper strategic vision, as well as better alignment of management and employee incentives with performance and growth objectives, said the company.

September 29, 2008 - Philips is developing a system that uses ultrasound-activated microbubbles for chemotherapy drug delivery designed to increase the effectiveness and reduce the side effects.

September 29, 2008 – Siemens Healthcare has entered into an exclusive government contract today with the Defense Advance Research Projects Agency (DARPA) to develop a prototype Deep Bleeder Acoustic Coagulation cuff (DBAC), an ultrasound device limiting blood loss and shock resulting from combat limb injuries.

September 29, 2008 - Rhode Island Hospital is the first site to treat endometrial cancer using Xoft’s Axxent Electronic Brachytherapy System.

The system, first approved for early stage breast cancer, is now FDA approved for treatment of uterine cancer. The first patient received treatment on Sept. 9 at the Providence, RI hospital.