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In an effort to deepen Ohio’s biotech footprint, a state economic development initiative is pouring more $12.8 million into cutting-edge biomedical companies, startups and entrepreneurs to support innovation in the state. Read More
AtriCure is paying $34 million in stock for California surgical ablation devicemaker Estech, giving the Ohio-based company added clout in the atrial fibrillation market. Read More
Medtronic is expanding its presence in Puerto Rico, with plans to invest $6 million and create 150 new jobs over the next three years, an island business group says. Read More
Morristown, N.J.-based Temptime said Wednesday it has completed its acquisition of William Laboratories, deepening the company’s footprint in the blood temperature monitoring market. Read More
Medical students and faculty at the University of Florida, along with one high school student, have released an app that can measure the battery life in deep brain stimulation devices. Read More
In an acquisition worth up to $860 million, Covidien is integrating Israeli gastrointestinal devicemaker Given Imaging into its medical device business. Read More