I don't usually cover life sciences news much, but today was a very busy day for it in the Philadelphia area, so I thought it was worth mentioning. Globus Medical Inc. of Audubon raised $110 million to continue development of its spinal implant technologies. Cephalon agreed to pay $100 million to acquire North American rights to the muscle-spasm drug Amrix.
Beijing Med-Pharm of Plymouth Meeting raised $30.6 million, and Isolagen of Exton raised $13.8 million. In addition to hopefully helping people who need it and producing a good return to investors, all this activity creates opportunities for IT
providers.


WiMax Backers See Broad Deployment In Two Years (Information Week)
But it may not make Wi-Fi obsolete.

Microsoft's New Agency Look (internetnews.com)
Roles of aQuantive and Avenue A|Razorfish explained.

Google's growth has come at a price (Mercury-News.com)
Is Google becoming as arrogant as Microsoft? Also discusses potential Google challenger Openads, a UK startup partially backed by Philadelphia's First Round Capital.

Philly spending $6.7M to replace billing system. (WaterTech Online)


Comcast sends phone users scrambling for service
Residents can choose the new AT&T or sign up for Voice-over-Internet.
(Jacksonville Times-Union)
I saw another article yesterday on the same thing happening in Michigan, so I guess this is a system-wide changeover for Comcast.

Verizon Wins Oregon Franchise
Telco Challenges Incumbent Operator Comcast (Multichannel News)


A very fast shot (phillyinc/Philadelphia Inquirer)
New from Lockheed Martin's Advanced Technology Labs in Cherry Hill.

Environmental Tectonics Corporation's Simulation Division Introduces Crash Truck Simulator for Airport Rescue and Fire Fighting Services (PR Newswire)
Environmental Tectonics has lost revenues, seems to be branching out into other applications for its technology.

Local company puts records within reach (phillyBurbs.com)
About CapMed of Newtown.

Report calls for linking RFID and bar code technology (Healthcare IT News)

Web-based PACS a low-cost option (Healthcare IT News)
This company's approach appears similar to that of Philadelphia-based HX Technologies.


CTG rejects 2nd RCM offer (Buffalo Business First)


C-COR Reports Financial Results for Fourth Quarter and Fiscal Year 2007
(BusinessWire)


M&A Data Consolidation Made Practical by SingleVision Software from Business Development Solutions (BusinessWire)

Clarient Launches Next-Generation Internet-Based PATHSiTE(SM) Flow Cytometry Program
(PR Newswire)
Clarient, based in California, is a Safeguard Scientifics partner company.

Civil War Museum begins two tourism projects (pennlive.com)
Adding historical sites to Google Earth.