Harvard Vanguard names Geihsler chief executive

Harvard Vanguard Medical Associates, one of the state's largest physician groups, appointed Debra Ann Geihsler chief executive. Geihsler will head both Harvard Vanguard and HealthOne Care System, a network of several physician groups. Most recently, Geihsler was president of Advocate Medical Group of Chicago. HealthOne, based in Newton, has about 650 doctors, including 400 within the Harvard Vanguard practice. Former chief executive Ken Paulus left Harvard Vanguard and HealthOne in August 2005. (Jeffrey Krasner)

Boston Scientific Corp. and Angiotech Pharmaceuticals Inc. said they won a ruling from a Netherlands court that stents manufactured by India's Sahajanand Medical Technologies Inc. infringe on an Angiotech patent. The court blocked the sale of Sahajanand's Infinnium paclitaxel stent in the Netherlands and ordered the company to pay Angiotech undisclosed damages, Boston Scientific and Angiotech said. Angiotech licenses the cancer compound paclitaxel to Natick-based Boston Scientific for its cardiac stent. (Bloomberg)

Talbots Inc. completed its acquisition of J. Jill Group Inc. for $24.05 a share, or a total of $517 million, in cash. The Hingham clothing retailer expects the acquisition to add to earnings in the fiscal year ending in January 2008, including synergies. Talbots' executive vice president and chief administrative officer, Phil Kowalczyk, was named president of the J. Jill brand. J. Jill chairman, president, and chief executive Gordon Cooke retires May 12. (Dow Jones)

Edgar Bronfman Jr.'s Warner Music Group rejected a $4.23 billion offer from EMI Group PLC, the third time the British record company has been thwarted. EMI offered $28.50 in cash and stock, 4.4 percent more than the closing price Tuesday. The bid isn't ''in the best interests of our shareholders," Warner said. The rejection leaves EMI chairman Eric Nicoli struggling to expand as piracy and downloading hurt record companies' sales. Nicoli has tried for six years to buy Warner, a purchase that would vault his company from a distant third to second among the world's record distributors. An enlarged EMI would have a quarter of the market, ranking behind Universal Music Group. (Bloomberg)

The proportion of physicians who don't participate in managed-care plans is rising in a development that may signal a trend toward higher patient costs and less access to doctors, according to a study by the Center for Studying Health System Change, a nonpartisan research group. The proportion of US doctors without managed-care contracts rose to 11.5 percent in 2004-05, up from 9.2 percent in 2000-01 and 8.6 percent in 1998-99, the study found. People who choose doctors outside managed-care networks are liable for any difference between the ''usual and customary" fee paid by their insurer and the doctor's actual fee. (AP)

Research in Motion Ltd., maker of the BlackBerry mobile device, has countersued Visto Corp., a software company that sued RIM last week over patents on wireless e-mail. In a filing Monday, RIM asked a federal court in Dallas for the issue be decided in Dallas rather than Marshall, Texas, where Visto sued RIM on Friday. The suit threatens to draw RIM into another drawn-out legal proceeding. In March, RIM agreed to pay NTP Inc. $612.5 million to settle a four-year patent dispute. (AP)

''The Elder Scrolls IV: Oblivion," a video game copublished by Take-Two Interactive Software, has been rerated to ''mature" from ''teen" due to an unlockable file that creates topless characters and excessive violence, the industry's rating agency said. The move from the Entertainment Software Rating Board marks the second time a popular game developed or published by Take-Two has been rerated for content accessed through a downloadable software modification -- or ''mod" -- usually created by a third party. (Reuters)

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