
CardioKinetix raises $50m, inks buyout deal with Edwards Lifesciences
December 8, 2014 by Val Kennedy
CardioKinetix said it signed an exclusive option-to-buy agreement with Edwards Lifesciences in connection with a $50 million financing round.
The cardiac device company said that Edwards will have the right to purchase CardioKinetix if it reaches certain regulatory milestones. CardioKinetix is currently pursuing U.S. regulatory approval for its Parachute ventricular partitioning device, a treatment for heart failure. Read more
Angel Medical raises $10m for ischemia devices
December 9, 2014 by Mark Hollmer
Angel Medical Systems said it raised about half of a planned $20.5 million debt offering.
The New Jersey-based developer of implantable ischemia monitoring devices said in a regulatory filing that it has pulled in more than $10.2 million so far, with close to $10.29 million yet to be raised. Read more
Zyga Technology raises $2m
December 10, 2014 by Val Kennedy
Zyga Technology said it raised $2 million in an equity-and-options round it hopes will eventually bring in $5 million.
Four unnamed investors participated in the round, according to a regulatory filing. Read more
Image Stream Medical looks at $8m
December 11, 2014 by Mark Hollmer
Image Stream Medical said it raised $8 million in a new equity offering.
The Littleton, Mass., maker of image management technology for various surgeries disclosed the funding in a Dec. 9 regulatory filing, without offering further details. Read more