Six Massachusetts community hospitals are planning to sue the state for what they say are illegal cuts to Medicaid payments.

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Ohio is getting a $5 million piece of a nearly $100 million settlement reached earlier this year with an arm of European pharmaceutical giant Sanofi-Aventis that was accused of sidestepping Medicaid rebate guidelines.

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Micromet Inc. has inked a process development and manufacturing deal with Swiss supplier Lonza AG for its cancer-fighting protein. (MITI)

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Covidien Plc, a provider of health-related technologies, has sold its Oxygen Therapy product line to Ohio-based Chart Industries Inc. The deal’s financial terms were not disclosed.

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Nashville’s Medical Trade Center, unveiled Monday morning, would be the world’s first clearinghouse for medical technologies, providing permanent showrooms for manufacturers, temporary exhibition space and conference facilities within the 2 million-square-foot complex at the current site of the Nashville Convention Center. To see where the various components would be housed inside the 12-story building, click here.

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Covidien has completed the sale of its oxygen therapy assets to Chart Industries Inc. in Garfield Heights, Ohio, for an undisclosed sum. (COV)

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The University of Texas M.D. Anderson Cancer Center is participating in a clinical trial with Stemline Therapeutics Inc. to test a leukemia drug.

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More companies are offering ways for employees to cope with stress, and more employees are taking advantage of it, according to a Watson Wyatt survey. (WW)

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Inovio Biomedical Corp. said Monday its drug-development partner Tripep completed a phase-I clinical study of its hepatitis C DNA vaccine.

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Biopharmaceutical company Terapio Corp. has closed on a $5 million Series A round of financing.

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