Tenex drums up $1.3 million

March 16, 2010 by MedCity News

Tenex Health Inc., led by former Boston Scientific executive Jagi Gill, raises $1.3 million in an equity sale.

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By Thomas Lee

Tenex Health Inc. raised $1.3 million from the sale of equity, according to a filing with the Securities & Exchange Commission.

The Rochester, Minn.-based biotech start-up, which is seeking a total of $2 million, is developing treatments for sports-related injuries such as tendinitis.

Founder and CEO Jagi Gill did not return a phone call seeking comment.

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