Translate ABBOTT PARK, Ill., October 17, 2011 / PRNewswire / - Abbott (NYSE: ABT) today announced that research ABSORBER ™ bioresorbable vascular scaffold (BVS) has been recognized as the winner of the category of medical devices in the Wall Street Journal 2011 Technology Innovation Awards. ABSORB is an implantable device that restores blood flow by opening a blocked artery and support to the vessel until the device dissolves. Once in place and absorb, dissolved in about two years, leaving patients with a treated vessel free of a permanent metallic implant. The first drug-eluting device of its kind for coronary artery disease and absorb, is polylactide, a proven biocompatible material that is commonly used in medical implants such as dissolvable sutures. Because a permanent metallic implant is not left behind, of course ship functions can be restored, which is one of the features that make this device is an important innovation for patients in the assessment and treatment of coronary artery disease. "Absorb represents the best in scientific innovation, as it has the potential to change the way physicians practice medicine and improve outcomes for their patients," said Robert B. Hance, senior vice president, Vascular, Abbott. "We are very pleased that this innovation has been developed in the U.S. for nearly a decade, has the potential to advance the treatment of patients around the world. Abbott is honored to receive this prestigious award." In January 2011, Abbott announced that absorb received CE Mark in Europe for the treatment of coronary artery disease. In the United States and absorb, currently under development and not available for sale. ABSORB is being evaluated in 40 clinical centers in 20 countries around the world. In 2010, Abbott was a finalist in the category of Medical Device Innovation Awards Wall Street Journal for its technology research MitraClip ® System, a catheter-based device for the treatment of mitral regurgitation. In 2009, Abbott Ibis T5000 biosensor system, designed to detect and characterize a wide range of infectious agents, was honored as the category winner in Medicine, Biotechnology and received the Gold Award in general in all categories. In 2007, Abbott's HUMIRA ® was a finalist in the category of Medical Biotechnology as a self-injectable treatment for Crohn's disease. In its 11th year, The Wall Street Journal Technology Innovation Awards applications evaluated on three criteria: whether the innovation breaks with conventional ideas or processes in your field, if it goes beyond marginal improvements in existing technology, and if you have a big impact in your field or in the technology of the future. This year, The Wall Street Journal received 605 projects from companies, organizations and individuals in 31 countries. The judges chose 35 winners and finalists in 16 categories. The independent panel of judges included individuals from venture capital firms, universities and other organizations and companies. About Abbott Vascular Abbott Vascular is a global leader in cardiac and vascular care with market leading products and an industry leading portfolio. Abbott Vascular offers a comprehensive portfolio of cardiac and vascular devices, including products for coronary artery disease, vessel closure, endovascular disease and structural heart disease. About Abbott Abbott is a global, broad-based pharmaceutical company dedicated to the discovery, development, manufacture and marketing of pharmaceuticals and medical products, including nutritionals, devices and diagnostics. The company employs about 90,000 people and markets its products in over 130 countries.

A university desperate for space. A building neglected for years. Online Editor Emma Prestwich look at the history and future at 111 Gerrard
The block-like building, concrete buckling points, hiding from Gerrard Street East, the front sheet wrapped in scaffolding and green canvas. The pedestrian refuges metal structures, which have a look at the building since the rate of the past with their umbrellas.
A blue sign above the ground floor of 111 East San Gerrard still reads "Gerrard Copy Center", but hiding inside white shutters and a small poster paper taped to the window tells visitors permanently copy center closed. On the left is a staircase that smells like wet brown syrup urine and empty glass suites graduate studies. It keeps raining, people walk by, and the building brings together more than dust.
This is the tallest building in the northeast of the Ryerson campus collection, an old toy and tired of the school bought in 2001 and forgot everything. The administration is mentioned from time to time, when the school talks about new projects, and more recently in talks on a location for the planned $ 56.4 million building applied health sciences.
The site has been proposed in the Master Plan of President Sheldon Levy, an ambitious framework for the development of the school. Students in the School of Urban and Regional Planning proposed the development of three sites on campus, including 111 Gerrard. However, Levy says it could be a long time before the site is developed, which would involve the demolition of the building.
"It's simply called money. I mean, if money was no problem, we have to rebuild that area for a long time," said Levy. If Gerrard 111 not used as the location for the new building of health sciences, there are no more plans for the site.
In the past 10 years, the 40,000 square feet of building houses only slightly used copy center, suites and a graduate research center of modern literature. However, the deterioration of the concrete block has a rich history.
Built in the 1950, 111 Gerrard has housed a printing company, Canadian Broadcasting Corporation (CBC) offices, several restaurants and an English-language school. Before Ryerson purchased the building, the former owner, Peter Teoh, also rent rooms on the third floor of students.
Shane Dingman, a graduate of Ryerson, Teoh rented a room in 1996 in its first year. He said he moved because it was not accepted into the residence and the configuration of the suites of 111 Gerrard, with a shared kitchen and bathroom, had a similar appearance.
"It was not quite as a residence," he said. The building was dingy. The carpet looked old. There were cockroaches.
The third floor, according to Dingman, consisted of an O-shaped corridor, flanked on either side by a number of offices were converted into apartments. He lived with two Ryerson engineering students and a number of Chinese students, many of whom attended college on the second level domain.
The rooms inside the third floor hallway had no windows, and some lived in a room just big enough for two junior-size mattresses. I still question the quality of the building: "I look back and say, how this place has not condemned you?"
Paul Cheevers, a graduate of Ryerson, who was the realtor Teoh when the owner decided to sell in 2001, also said the building was in poor condition. "It was used a lot, not a lot of money was put into it over the years." Cheevers was a student union president during his studies and ran for the board of governors as a member ex-students in the years after the sale. "Because of my history with Ryerson Ryerson approached me and made much sense to them," he said.
The university paid $ 1.59 million for construction in 2001, citing plans to use the site for future development. Vice President of Administration and Finance Hanigsberg Julia said the move made sense because it was next of 101 Gerrard, the school already had and ran as a cooperative education office. "The two buildings that create an opportunity for the development of a significant footprint," he said in an email interview. Hanigsberg predecessor, Linda Grayson, was the official signing of the sale.
Cheevers said the purchase was a success. "It does not take a genius to realize that combining the two sites and you have a real site development potential there," he said.
After purchasing the building, the school allowed the two existing restaurants, the taste of Mother and Thai Som, to continue operating. Domain
The university moved to another location after 111 Gerrard was sold. In 2005, the Ontario Ministry of Education revoked the credit-granting Domain license.
Although Ryerson may have been strategic in the purchase of 111 Gerrard, it is unclear how the school used the site immediately after purchase. Cheevers said he was told that the school uses an office space project to the stage of other construction projects. The summary of the sale of Lennard Commercial Realty, where Cheevers is the vice president, says Ryerson planned to use the office, which housed the copy center for several years, for "his own business purposes," and then use the rest of the space as a research center. "Ryerson has always been a challenge with a space too less," said Cheevers.
The building is still half empty and the school has no specific plans for redevelopment. Gerrard Copy Center opened four years ago to try to capture the business of students who take classes at Sally Horsfall Eaton Centre and Eric Palin Hall, said the University Business Services Manager John Corallo. The center was boot-shaped counters and seating, as well as wireless Internet, so that students could use it as a study space. The copy center close a couple of years because there was not enough business. "I was not doing so well," he said. "I think students were receiving their printing needs elsewhere." Since its closure, the space has been empty, except for a short period of time this September, when the facility is used to make OneCards freshmen. "
In the left corner of the building is closed only available to people who have access to research and graduate studies department and suites. Early Friday afternoon, only one person is using it. The international economy Yallwe graduate student Alem, who is visiting Italy, often used to study space, but said the students only go to another are a handful of civil engineers. "There are very few students," he said.
In another room are cupboards, a fridge and a coffee odor with a crust of old beer. Hakan Toksoy doctoral student uses study hall all the time, but want to be clean. "I think it left a kind of place," he said.
Even students who take classes at 111 Gerrard Street are not sure how the building is being used. "I have no idea," said Jenna Nightingale, a nursing student in third year.
In August this year, CP24 reported that pieces of concrete fell 10 feet from the building, and a portion of the sidewalk was closed. Scott Dobin, a research assistant in modern literature and Culture Center, a center for graduate research Ryerson in the building, recalled the day of the pieces of concrete fell. He sits in the conference room Victorian-inspired. He was told to stay away for a few days. Two months later, scaffolding still images from the building, which raises questions about the stability of the building.
Cheevers said the site is worth much more than when you bought Ryerson. "Ryerson has to look at the growth and the fact, and it is fortunate, in this case they did, they now have a very good development site, and the value of the site has increased several times since it was acquired , "he said.
But as the monetary value, the building has a colorful history, is still hidden behind tall scaffolding and dust.