Patrick Soon-Shiong, CEO of Abraxis Health, to Keynote and Receive ABL's Leadership Award; 9 Innovative Health Companies Named Finalists for ABBY Awards - October 28, 2009

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Patrick Soon-Shiong, Chairman and CEO of Abraxis Health, will receive the 2009 "Leadership in Innovation" Award and Keynote the 11th Annual Innovations in HealthcareSM Awards Event, presented by the Adaptive Business Leaders Organization (ABL), on October 28, in Newport Beach. Additionally, nine Finalists will vie to win three prestigious ABBY Awards, which honor innovative approaches and technologies that reduce the cost of providing quality healthcare.

This year's nine ABBY Award Finalists also represent outstanding new ways to improve quality healthcare, while lowering the cost to deliver it.

Patrick Soon-Shiong, Chairman and CEO of Abraxis Health, will receive the 2009 "Leadership in Innovation" Award and Keynote the 11th Annual Innovations in HealthcareSM Awards Event, presented by the Adaptive Business Leaders Organization (ABL), on October 28, in Newport Beach. Additionally, nine Finalists will vie to win three prestigious ABBY Awards, which honor innovative approaches and technologies that reduce the cost of providing quality healthcare.

Soon-Shiong's Abraxis Health is forging a new paradigm for healthcare delivery - to develop, test and validate diagnostics and drugs to target pre-selected patients based on molecular profiles that predict drug response to particular therapeutics, enabling personalized medicine. Patrick is Founder and former CEO of Abraxis Bioscience, whose Abraxane is approved in 36 countries to treat breast cancer, and is in development to treat lung, ovarian, prostate, melanoma, head and neck cancers. Also, Patrick is Chairman of the Chan Soon-Shiong Family Foundation, focused on charitable endeavors to improve U.S. healthcare and patient welfare, and the National Coalition of Health Integration, which is creating an accessible, integrated health information platform that supports the comprehensive management and exchange of biomedical data on a national scale.

"We are honored to have Patrick Soon-Shiong at the helm of this year's Innovations Event. Pat truly is one of the great American success stories, arriving here as an immigrant, and creating multiple successful companies along the way. We're just so pleased that his blockbuster innovations are in medicine," noted Mimi Grant, ABL's president. "This year's nine ABBY Award Finalists also represent outstanding new ways to improve quality healthcare, while lowering the cost to deliver it."

The ABBY Award Finalists were selected from over 50 nominees - chosen for best meeting the criteria of having an innovative product/service that is approved for use in the U.S. marketplace, with clinical and financial metrics that prove their technology or approach reduces the cost of providing quality healthcare. ABBY Award winners will be selected via secret ballot by ABL Members, after viewing presentations from each Finalist company. The Awards will be announced and presented at the Innovations in Healthcare Awards Event, which will be open to ABL Members, as well as non-Member senior executives.

The ABBY Award Finalists, divided into three categories, are:

Innovative Approaches to the Delivery of Healthcare:

Santa Monica, CA's Dakim, Inc., whose BrainFitness products provide a customized, rigorous brain workout in six cognitive domains, designed and engineered so that most seniors - even those with dementia - can successfully use the system on their own.

Boulder Creek, CA's HeartMath, whose stress reduction and performance-enhancing programs are based on practical techniques, innovative feedback technology and scientific research, which has verified measurable, sustainable results, which also bring immediate stress relief.

Oakland, CA's Kaiser Permanente's Online Services, whose My Health Manager, which integrates with Kaiser's EHR, provides patients email communication with their doctors, online appointment scheduling, prescription refills, lab results access, immunization records, and more.

Innovations in Healthcare Information and Telecommunications Technology:

San Mateo, CA's Epocrates, whose mobile and online medical reference software provides physicians and consumers access to critical clinical information on their PDAs and smartphones, without having to leave a patient's bedside.

Scottsdale, AZ's MedApps, Inc., whose Wireless Health Monitoring System enables people with chronic diseases to automatically transfer their bio-metric readings from their MedApps HealthPAL™ directly to a central server for physician review and records storage.

Los Angeles, CA's MMR Information Systems, whose MyMedicalRecords.com is the first web-based Personal Health Record that is 100% patient-centric and designed to help health consumers manage personal health information from any provider they are seeing.

Innovations in Medical/Biotechnology:

Union City, CA's Abaxis, Inc., whose point-of-care blood chemistry analyzer is the only such product to achieve CLIA status for complex, comprehensive chemistry. Abaxis' tests enable clinicians to quickly and easily receive complete diagnostics for nearly any internal organ function.

San Diego, CA's Biomatrica Inc., whose products for the storage of biological samples at room temperature offer a more than 15-fold cost savings over conventional freezer storage, as well as over 100-fold higher sample recovery than a competitive paper-based storage solution.

Pasadena, CA's Osmetech Molecular Diagnostics, whose eSensor® XT-8 System is a test and instrument for detecting multiple genetic variations that identify patients at risk for warfarin sensitivity, the most widely-used anticoagulant to prevent blood clots, heart attacks, and stroke.

More details about ABL's Innovations in Healthcare Awards Event can be found at http://www.abl.org/iih2009.htm.

About the Adaptive Business Leaders Organization
ABL supports the needs of its Member CEOs by providing a place for top-level executives to draw on the experience, knowledge and skill sets of their peers in a vertical industry, personal advisory board - "multi-coach approach" - setting. Members meet once a month for a half-day Round Table meeting with a group of peer senior executives from non-competing companies. Members also gather several times a year at workshops and conferences to exchange ideas and connect with other chief executives. ABL's Chief Executive Leadership Development Round Table program is offered in California's Greater Los Angeles, Orange, San Francisco and Santa Clara Counties. More information can be found at http://www.abl.org.

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