Aerogen cuts workforce

Sunday, June 30, 2002

MOUNTAIN VIEW, Calif. - Aerogen, a specialty pharmaceutical company that made headlines last year with a lightweight, virtually noiseless nebulizer, has cut its workforce by 30%, or by 32 employees. A company official says the lay-offs were general and will not impact the availability or distribution of its AeroNeb nebulizer. The company made the layoffs as a way to conserve cash during the development and commercialization of current products for respiratory therapy in both the hospital and home markets, including the development of an inhaled insulin product.

Sunrise names new pres.

LONGMONT, Colo. - Raymond Huggenberger, formerly president of Sunrise Europe, has been appointed president and COO of Sunrise Medical as part of the company's transformation to "One Sunrise." Raymond has been with Sunrise more than 10 years. Replacing Huggenberger in Europe will be Olof Persson. John Kitts will remain president of North America. "Using the knowledge of our team and the relationships with our industry will continue to be the foundation for creating innovative, high quality products serving customers," Huggenberger stated.

Trac Medical, Entrust combine technology

SCHENECTADY, N.Y. & DALLAS - Trac Medical Solutions and Entrust have announced an agreement to combine Entrust's advanced digital signature technology with Trac Medical's secure, Web-based medical forms processing solution. The agreement enables Trac Medical to combine the two companies'complementary Internet security technologies in a drive to create new solutions that help safeguard against fraud as healthcare transactions migrate to the Web, while complying with information privacy requirements of HIPAA.