Agilent Technologies (NYSE:A) today priced a $300 million public offering of senior notes, with proceeds slated to repay its revolving credit facility. The Santa Clara, Calif.-based company will run the offering under an automatic shelf registration statement, with notes set to mature in September 2026 at an annual interest rate of 3.05%. Proceeds from the round are […]
Funding Roundup
Sofregen lands $6.2m Series A
Sofregen Medical said yesterday that it landed a $6.2 million Series A round from Polaris Partners and other founding investors, bringing their total funding raised to more than $11 million. The Medford, Mass.-based company was founded in 2014 to advance silk-based medical technology developed at Tufts University and the University of Pittsburgh for soft tissue […]
3D printer Carbon raises $81m
Silicon Valley-based 3D printing company Carbon said today that it raised $81 million in a new funding round it plans to use for its medical device and auto part printing business. Get the full story at our sister site, Medical Design & Outsourcing.
Intarcia raises another $215m to support its ITCA 650 drug pump
Intarcia Therapeutics said today that it raised $215 million in a new round of financing to back its ITCA 650 implantable drug pump, designed for treating Type II diabetes, which is slated to launch in late 2017. The Cambridge, Mass.-based company said it expects a “larger 2nd close with additional top-tier investors” in the 4th quarter. Intarcia is looking to raise up […]
French private equity players Ardian, Azulis Capital take majority stake in ortho maker Lagarrigue
French private equity groups Ardian and Azulis Capital said today that they inked an exclusive deal to buy a majority stake in French orthopedic device maker Lagarrigue Group. Lagarrigue makes prostheses and orthotics for patients suffering from permanent or temporary disability, Ardian said. Lagarrigue was founded in 1976, has 33 agencies in France and more than 400 […]
Eyevensys takes Series A round to $10m
Eyevensys said today that it took a Series A round to $10 million (€9 million) after an extension led by Pontifax Venture Capital. The Paris-based biotech said it plans to use the funds to secure clinical development of EYS606, its lead candidate for the treatment of non-infectious uveitis. Its EyeCET technology is the 1st non-viral product that […]
Lantheus Medical Imaging prices $40m offering
Lantheus Medical Imaging (NSDQ:LNTH) last week priced a new $40 million offering, with funds slated to pay down approximately $55 million of the outstanding principal balance under its senior secured credit facilities. In the round, North Billerica, Mass.-based Lantheus will look to float 5.2 million shares of common stock at $7.76 per share, according to an SEC […]
Insulet closes $345 private placement
Insulet (NSDQ:PODD) said yesterday that it closed a $345 million private placement, raking in $45 million more than it expected when it priced the round last week. Billerica, Mass.-based Insulet, which makes the Omnipod insulin management system for treating diabetes, said it closed a private placement of $345 million principal amount in convertible senior notes, due […]
Potrero Medical raises $5m
Potrero Medical raised $4.8 million in a new round of equity financing, according to an SEC filing posted this week. San Francisco-based Potrero developed the Accuryn monitoring system designed to use urinary catheters as diagnostic tools. The system uses a urinary catheter to deliver real-time, actionable data on urine output, core temperature and intra-abdominal pressure, […]
Trumpf launches venture investment arm
Trumpf said yesterday it launched a venture capital investment arm looking to fund tech startups, with official operations having opened July 1. Get the full story at our sister site, Medical Design & Outsourcing.
Neural Analytics lands $3M NIH grant
Neural Analytics landed a $3 million grant from the National Institutes of Health for the diagnostic and monitoring technology it’s developing for traumatic brain injury and stroke, the company reported. The NIH’s Small Business Innovation Research program funded the grant. Los Angeles-based Neural Analytics, founded in 2013, develops technology to measure and track brain health, […]