Flexion Therapeutics has closed a first round of venture capital financing worth $42 million. The company also announced that it has acquired four potential drugs from large pharmaceutical companies.

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U.S. Department of Justice officials filed late Thursday for immediate relief to install a monitor to help protect patients in seven state-run mental hospitals, officials said Friday.

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St. David’s South Austin Medical Center picked Rogers-O’Brien Construction to build-out its $72 million expansion and renovation project, officials said today.

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If the early numbers are right, 2009 was a good year for Nashville-based hospital giant HCA Inc. So good, in fact, that HCA today announced a $1.75 billion distribution to stockholders.

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Denver-area union workers for the Albertsons grocery chain have voted unanimously to ratify a new 52-month contract, their union said.

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The Bill & Melinda Gates Foundation on Friday pledged another $10 billion over the next decade to develop and deliver vaccines for the world’s poorest countries.

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A Michigan-based medical device company will open an Austin facility in April, officials said this morning.

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Claudia Sokolowski was named chairwoman and Jack Kirkland Jr. was named vice chair of the All Children’s Health System board of directors.

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Investments in midwest health care startups last year totaled $780 million, down 26 percent from 2008, according to a report released Friday by BioEnterprise, a Cleveland-based biomedical venture developer. The report covers 14 metro regions, including Pittsburgh.

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DenverBusinessJournal.com readers who responded to our latest Business Pulse question were divided on the issue of what to do about Colorado’s increasing number of medical marijuana dispensaries.

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