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Varian Invests $15M in Augmenix

14:47 EDT 12 May 2011 |

Palo Alto, CA-based Varian Medical Systems (NYSE: VAR), the supplier of radiation technology for treating cancer patients, said today it has agreed to make a $15 million equity investment in Waltham, MA-based Augmenix to obtain a minority ownership stake in the startup. Varian is also getting an exclusive option to acquire Augmenix if certain milestones [...]

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