Venture capital firms invested more than $738 million during the second quarter of 2018, $1 million less than the first quarter of this year, according to the MoneyTree Report from PricewaterhouseCoopers (PwC) and CB Insights. There was a total of 61 deals during Q2, an increase from the 48 that the industry saw during Q1. […]
Cardiofocus
CardioFocus launches HeartLight in Japan
CardioFocus said today it launched its HeartLight endoscopic ablation system in Japan in conjunction with its distribution partner JapanLifeline. The launch follows reimbursement approval the Marlborough, Mass.-based company won under Japan’s National Health Insurance this month, after having won regulatory approval with the Japanese Ministry of Health, Labour and Welfare last July. The HeartLight system […]
GPB Capital puts $21m into CardioFocus for HeartLight catheter launch
CardioFocus landed a $21 million debt investment from GPB Capital and plans to use the proceeds to back the commercial launch of its HeartLight catheter for treating atrial fibrillation. The funding consists of a $21 million senior secured convertible note due to mature in April 2021. CardioFocus, which won FDA approval for its HeartLight Excalibur balloon last month, […]
CardioFocus wins FDA nod for HeartLight AF balloon
CardioFocus said today it won FDA approval for its HeartLight Excalibur balloon designed to treat paroxysmal atrial fibrillation. The Marlborough, Mass.-based company said that the newly cleared balloon uses technology from its HeartLight endoscopic ablation system alongside a new feature set intended to improve speed and magnitude of tissue contact during pulmonary vein isolation procedures. “We […]
CardioFocus raises $13m
CardioFocus has raised $13 million in a new round of mixed financing, according to an SEC filing posted this week. Money in the round comes from a single unknown investor, according to the filing, with the first sale noted as having occurred on April 4. The Marlborough, Mass.-based company said that $2.6 million from the […]
CardioFocus launches trial for next-gen HeartLight device
CardioFocus said today that it’s launching a clinical trial for the latest iteration of its HeartLight direct-visualization ablation device for treating atrial fibrillation. A company representative told MassDevice.com that the 60-patient study of the HeartLight X3, the next generation of the HeartLight Excalibur balloon that won CE Mark approval in the European Union last September. The first […]
CardioFocus expands HeartLight partnership deal with Japan Lifeline
CardioFocus said today it is expanding its partnership deal with Japan Lifeline to increase the scope of its Japanese commercialization efforts and to explore commercialization of its HeartLight System in other Asia Pacific markets. The Marlborough, Mass.-based company’s HeartLight system is designed to allow electrophysiologists to control the delivery of laser energy through direct visual guidance […]
CardioFocus lands CE Mark for next-gen atrial fibrillation balloon
CardioFocus said today that it won CE Mark approval for its HeartLight Excalibur balloon, designed for the treatment of atrial fibrillation. The Marlborough, Mass.-based company’s device combines the HeartLight endoscopic ablation system with features that optimize the speed and magnitude of target tissue contact during pulmonary vein isolation procedures, according to CardioFocus. The Excalibur balloon […]
Japan clears CardioFocus’ HeartLight
CardioFocus said today it won approval from the Japanese Ministry of Health, Labour and Welfare for its HeartLight endoscopic ablation system with an indication for treating paroxysmal atrial fibrillation. The Marlborough, Mass.-based company’s HeartLight system is designed to allow electrophysiologists to control the delivery of laser energy through direct visual guidance to isolate pulmonary veins with […]
CardioFocus launches 3 studies of HeartLight ablation system
CardioFocus today announced the launch of 3 studies of its HeartLight endoscopic ablation system, touting that over 1,000 patients with atrial fibrillation will be enrolled across the studies. The Marlborough, Mass.-based company’s HeartLight system is designed to allow electrophysiologists to control the delivery of laser energy through direct visual guidance to isolate pulmonary veins with a […]
CardioFocus raises $20m, looking for $12m more
UPDATED March 29, 2017, with comment from CardioFocus. CardioFocus raised $20.2 million in a new round of equity and options financing, according to an SEC filing posted this week. Money in the round came from 26 unnamed investors, with the first sale logged Feb. 15. Marlborough, Mass.-based CardioFocus said it plans to use the proceeds to […]