I did some digging, it seems copper based medications, salt, and de-worming medications are all able to be used on these guys. Even just the amount of salt your told to dose on the aquarium salt package is enough to wipe these guys out as they are extremely salt intolerant.
You can let them grow, the body of the creature gets to about 1" long, in which case they are able to catch fish about their length, possibly larger. If something happens and the creature is damaged, or split, both pieces will grow back into a full hydra. I believe ANY pieces that fragment will grow which is how they spread so easily.