Varian Medical Systems (Palo Alto, California) said it has agreed to make a $15 million minority equity investment in Augmenix (Waltham, Massachusetts), with the exclusive option to acquire the rest of Augmenix provided certain agreed-upon milestones have been met. (Medical Device Daily)
Medical errors resulting in death or prolonged hospital stays may happen about 10 times more often than previously thought, according to a report from the Sunlight Foundation Reporting Group (Washington) based on newly released Medicare data about medical error rates. That's fairly alarming considering that older data already had suggested that as many as 98,000 Americans were already thought to die each year from medical errors. (Medical Device Daily)