Collexis (OTCBB: CLXS), a leading developer of high-definition search and discovery software, and their German partner, SyynX Solutions, announced they will preview a new life sciences social networking site to representatives from global book publishing and multimedia companies at the Frankfurt Book Fair in Frankfurt, Germany. 
Royal Philips Electronics (NYSE: PHG; AEX: PHI) announced the results of a survey conducted by Fazzi Associates of more than 950 home care agencies in the United States through the Philips National Study on the Future of Technology and Telehealth in Home Care. While only 17 percent of home care agencies are currently using a telehealth system, the industry should expect the number of agencies using remote patient monitoring to double over the next two years as one-third reported they are planning to purchase a system. 
The first electronic prescription in the new EU member state of Bulgaria was issued and dispensed at an event presided over by the Bulgarian Minister of Health, Professor Radoslav Gajdarski, and the Minister of Public Administration and Administrative Reform, Dr. Nikolay Vassilev. The online transaction officially launched the pilot system for the Bulgarian electronic health card (eCard). 
Initiate Systems, Inc., announced the introduction of its innovative Initiate Master Data Service version 8.0, which is a comprehensive master data management (MDM) platform that delivers single, trusted and complete versions of critical data assets in real-time to the people, processes and applications that rely on them. 
Joined by nationally recognized medical providers, health-management device manufacturers and patient advocacy organizations, Microsoft Corp. launched Microsoft® HealthVault, a software and services platform aimed at helping people better manage their health information. The company outlined its vision for ways that HealthVault can bring the health and technology industries together to create new applications, services and connected devices that help people manage and monitor their personal health information, including weight loss and disease management, such as for diabetes. 
At the 48th Annual Meeting of the European Society for Paediatric Research in Prague, Czech Republic, Dräger presents its new Infinity® VF7 software, which enables Infinity patient monitors to communicate with Dräger incubators, infant warmers and ventilation devices. The new software enables caregivers to view vital signs, respiration and thermo regulation data from multiple devices together on one screen at the bedside. Royal Philips Electronics (NYSE:PHG, AEX:PHI) today announced Philips will acquire US-based Raytel Cardiac Services (Raytel) (a division of Raytel Medical Corporation) and other ancillary operations from SHL Telemedicine Ltd., for approximately USD 110 million in cash. Subject to receipt of regulatory approval, the transaction is expected to close in the fourth quarter of 2007, upon which Raytel will become part of Philips' Home Healthcare Solutions business group.