Inari Medical today announced a definitive agreement to purchase LimFlow Medical for up to $415 million. The deal comes just weeks after Paris-based LimFlow won FDA premarket approval (PMA) for its breakthrough system to treat chronic limb-threatening ischemia (CLTI). San Jose, California–based Inari said it expects to complete the acquisition by the end of 2023. […]
Bpifrance
Gecko Biomedical wins $7m French grant for tissue reconstruction tech
Gecko Biomedical said today that it won a French grant worth roughly $7 million has (€6 million) for the tissue reconstruction technology it’s developing. Paris-based Gecko said it plans to use the grant to commercialize its portfolio of synthetic light-activated polymers, which are designed to be biocompatible and bioresorbable and act as an adhesive, barrier or filler […]
Medtronic, LivaNova get in on $12m round for European medtech incubator MD Start
A European medical device incubator said yesterday that it raised nearly $12 million from backers including Medtronic (NYSE:MDT) and LivaNova (NSDQ:LIVN). Paris-based MD Start invested in 3 companies using its 1st fund and has already invested in a 4th from the just-announced $11.5 million fund, which was led by French public investment bank Bpifrance and included Sofinnova Partners. “MD Start II […]
Gecko Biomedical lands $25m for next-gen medical polymer
Gecko Biomedical said today that it raised a $25 million Series A2 round for the next-generation medical polymer it’s developing. Paris-based Gecko said the €22.5 million round was led by Sofinnova Partners (now its largest stakeholder) and new investor Bpifrance. Prior backers Omnes Capital, CM-CIC Innovation and CapDecisif Management also participated. Founded in 2013, Gecko said it’s […]
Edap, GE Healthcare join French-backed $45m liver cancer consortium
