Medtronic, Inc. announced that DFine Europe GmbH has accepted the terms of a preliminary injunction granted to Medtronic GmbH by a German Competition Court. The preliminary injunction stops DFine Europe GmbH from using certain misleading marketing claims related to Medtronic’s Kyphon® Balloon Kyphoplasty products in Germany.
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The California HealthCare Foundation said Tuesday it’s contributing $10 million to the state’s Emergency Working Capital Loan Fund, a low-interest loan pool to help safety-net health clinics stay open if Medi-Cal funding dries up due to the state budget impasse.

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Pittsburgh City Council on Tuesday voted 6-3 to adopt a new five-year Act 47 fiscal recovery plan for the city.

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Calling it a key milestone for Buffalo’s East Side, local leaders gathered to watch the early phases of the Kensington Towers project demolished, all to make way for a $100 million development that will focus on senior and elderly living.

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An Arlington man has been arrested by federal authorities who accuse him of using his contract security guard post at The Carrell Clinic in Dallas to hack into the clinic’s computers, compromising various hospital systems while planning a larger attack on the system’s computers.

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Novavax Inc. stock has soared on news that it’s negotiating a multimillion-dollar deal to license out its flu-vaccine-making technology to a Spanish pharmaceutical partner that plans to further test and produce seasonal and pandemic flu vaccines for several European countries. (NVAX)

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GE Healthcare and biotechnology firm Geron Corp. will work together to develop tests based on human embryonic stem cell lines that Geron licenses from the Wisconsin Alumni Research Foundation. (GE) (GERN)

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ProCertus BioPharm Inc., a Madison drug company, said it has closed on a $2.1 million financing round with current investors that will help fund clinical trials for its product.

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AirStrip Technologies LP, which delivers critical patient information via smartphones, is now partnering with Princeton, N.J.-based PeriGen Inc. to give obstetricians remote access to the firm’s risk reduction and quality improvement software.

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GE Healthcare and biotechnology firm Geron Corp. said Tuesday that the two companies have formed an alliance to develop testing and analysis products based on human embryonic stem cell lines that Geron licenses from the Wisconsin Alumni Research Foundation. (GE) (GERN)

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