Category: Funding Roundup
Here's a look at some of the top legal news stories for medical device companies this week: InSightec raises $59m, taps ex-Mako CEO Ferré for board; Engineer looks to crowdfund heart valve; Aethlon sells $3.3m in securities to investment fund; Stealthy Cotera raises nearly $8m for knee implants
Sonoma Orthopedic Products raises $12 million from First Analysis for its 'flexible-to-rigid' ankle implants.
Sonoma Orthopedic Products added $12 million to its coffers, thanks to private equity shop First Analysis, saying it plans to use the proceeds to get its "flexible-to rigid" ankle implant on the U.S. market.
Stealthy knee implant startup Cotera reports raising more than $7.8 million in an equity offering.
Stealthy Cotera, a developer of implantable devices to treat knee osteoarthritis, lifted the veil enough to report raising more than $7.8 million in an ongoing equity offering.
Aethlon Medical deals $3.3 million in securities to an unnamed healthcare-focused investment fund, according to a recent regulatory filing and the company.
Aethlon Medical (OTC:AEMD) said it dealt $3.3 million worth of securities an investment fund, as it pursues various approvals for its Hemopurifier blood filtration device.
An automotive engineer is trying to raise money for a new replacement heart valve he designed by turning to crowd-funding site Indiegogo.
A Salt Lake City engineer is hoping to raise money on crowdfunding website Indiegogo to back preclinical testing of the new valve replacement technology he designed.
InSightec says it raised $59 million for its ExAblate fibroid device and named ex-Mako Surgical CEO Dr. Maurice Ferré as chairman of the board.
InSightec said today that it reeled in a $59 million Series D round from institutional investors in the U.S. and Asia and named Dr. Maurice Ferré as chairman of the board.
InSightec developed the ExAblate MR-guided ultrasound targeting technology.
Here's a look at some of the top legal news stories for medical device companies this week: CardioKinetix raises $50m, inks buyout deal with Edwards Lifesciences; Angel Medical raises $10m for ischemia devices; Zyga Technology raises $2m; Image Stream Medical looks at $8m