Chemotherapy patch being developed; FDA grants IDE to TherOx's cardiology device;

> Caltech student Teo Wilkening and professors are developing a patch for the painless delivery of chemotherapy. More

> Irvine, CA's TherOx announced it received an Investigational Device Exemption (IDE) from the FDA to conduct a safety study of its Supersaturated Oxygen Therapy, which is intended to reduce the size of lesions that form as a result of tissue death following a heart attack. The 100-person study will support the device's PMA application. More