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MedStar, Cleveland Clinic alliance reach licensing deal on medical device – Washington Business Journal

By December 2, 2013No Comments
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MedStar Health and the Cleveland Clinic said Monday they’d signed a deal with a Maryland company to license patent rights for a medical device that would help patients with severe lung and neuromuscular diseases to breathe.

The deal comes two years after Columbia, Md.-based MedStar and the prestigious Cleveland Clinic’s technology transfer arm unveiled its alliance aimed at commercializing medical innovation.

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