Baxano Announces Definitive Settlement With Office of Inspector General

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RALEIGH, N.C., July 3, 2013 (GLOBE NEWSWIRE) -- Baxano Surgical, Inc. (Nasdaq:BAXS), a medical device company focused on designing, developing and marketing minimally invasive products to treat degenerative conditions of the spine affecting the lumbar region, today announced that it has reached a definitive agreement with the U.S. Department of Justice related to the subpoena issued in October 2011.

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