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Internet billionaire Sean Parker is investing $250 million to create an institute to speed up the development and testing of immunotherapies, a hot area of cancer research. — MIT Technology Review, Reuters LIFE SCIENCES

Atrial fibrillation treatment specialist AtriCure got a greenlight from the FDA for its cryoFORM Cryoablation Probe. — AtriCure

Merck KGaA loses FDA approval for fertility drug after abandoning postmarketing studies. — FiercePharmaMarketing

Image: http://medcitynews.com