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Endotronix Inc.

Endotronix expands Series D to $70m

October 1, 2019 By Brad Perriello

Endotronix said today that it added $35 million to the Series D round it first closed a year ago for the Cordella cardiovascular monitoring technology it’s developing. The Lisle, Ill.-based company initially closed the Series D at $45 million on Sept. 14, 2018, earmarking the proceeds for CE Mark approval in the European Union and […]

Filed Under: Cardiovascular, Featured, Funding Roundup, Patient Monitoring, Wall Street Beat Tagged With: Endotronix Inc.

FDA approves Endotronix trial for Cordella PA pressure sensor

August 6, 2019 By Danielle Kirsh

Endotronix last week announced that it received FDA approval to begin its multi-center Proactive-HF trial of the Cordella Pulmonary Artery Pressure Sensor System. The trial is designed to help the Cordella Sensor reach pre-market approval faster and will begin enrollment in the third quarter of 2019. “We are excited to begin enrollment in this groundbreaking […]

Filed Under: Cardiac Implants, Cardiovascular, Clinical Trials, Food & Drug Administration (FDA) Tagged With: Endotronix Inc.

Former Rotation Medical CEO Shadan joins Miach Ortho | Personnel Moves – January 3, 2019

January 3, 2019 By Fink Densford

Early stage medtech firm Miach Orthopaedics said today that it named former Rotation Medical CEO and medtech vet Martha Shadan as its new prez and chief executive officer. Shadan has held numerous leadership positions at medtech firms, including Zimmer Biomet (NYSE:ZBH), Covidien, Bristol Myers Squibb and Merck, Westborough, Mass.-based Miach said. Prior to joining Miach, Shadan […]

Filed Under: Business/Financial News, Featured Tagged With: cathworks, Endotronix Inc., iCad Inc., lightmed, Miach Orthopaedics, Nephros, Nobilis Health, Nuvasive, Obalon Therapeutics, Personnel Moves, Repro Med Systems, rotationmedical, Tela Bio

Endotronix closes $45m Series D

September 14, 2018 By Brad Perriello

Endotronix said today that it closed on a $45 million Series D round for the Cordella cardiovascular monitoring technology it’s developing. The Lisle, Ill.-based company said its latest raise was led by LSP and included Aperture Venture Partners, BioVentures Investors, Lumira Ventures, OSF Ventures, Seroba Life Sciences, SV Health Investors, Wanxiang Healthcare Investments and an unnamed […]

Filed Under: Cardiovascular, Funding Roundup, Patient Monitoring, Wall Street Beat Tagged With: Endotronix Inc.

Biolase CEO Flynn steps down | Personnel Moves – April 13, 2018

April 13, 2018 By Fink Densford

Biolase (NSDQ:BIOL) said this week its CEO Harold Flynn has resigned from the company to pursue other interests, and that current CFO John Beaver will step in to act as interim CEO. The transition will be made immediately, the Irvine, Calif.-based company said. “I would like to thank Harold for the leadership and commitment he has […]

Filed Under: Business/Financial News Tagged With: Biolase, Conventus Orthopaedics, Endotronix Inc., Frequency Therapeutics, General Electric, Henry Schein Inc., mckeonproducts, nsfhealthsciencescertification, Omnicell Inc., PerkinElmer Inc., Personnel Moves

Endotronix raises another $37m for Cordella monitor

February 26, 2018 By Brad Perriello

Endotronix said today that it raised more than $37 million for the Cordella pulmonary artery pressure sensor it’s developing. Cordella consists of a wireless cardiac monitor and a miniature pressure sensor that’s designed to be implanted in a patient’s pulmonary artery to wirelessly return PA pressure to portable reader device. Data from the device can be transmitted to healthcare […]

Filed Under: Cardiovascular, Funding Roundup, Patient Monitoring Tagged With: Endotronix Inc.

Millar licenses Endotronix’s wireless MEMS sensor tech for neurosurgery

March 17, 2017 By Fink Densford

Medical device and OEM company Millar said today it inked an agreement with digital medtech company Endotronix granting it exclusive rights to its wireless MEMES sensor technology for use in neurosurgical devices. Houston-based Millar said the sensor technology will be used to develop an at-home monitor for intracranial pressure for patients suffering from hydrocephalus, looking […]

Filed Under: Business/Financial News, Neurological, Patient Monitoring Tagged With: Endotronix Inc., Millar

Endotronix raises $12m to support Cordella HF system

January 9, 2017 By Fink Densford

Endotronix said today it inked a $12 million term loan agreement with Silicon Valley Bank, with funds slated to support a clinical program for its Cordella heart failure system. The Woodridge, Ill.-based company’s Cordella system is composed of a wireless cardiac monitor and a miniature pressure sensor that’s designed to be implanted in a patient’s pulmonary artery to […]

Filed Under: Business/Financial News Tagged With: Endotronix Inc.

Endotronix raises $32m Series C for wireless heart monitor

July 14, 2016 By Brad Perriello

Endotronix said today that it raised a $32 million Series C round for the wireless heart monitor it’s looking to commercialize. Participants in the round included existing backers and an unnamed strategic investor, plus BioVentures Investors, SV Life Sciences, Lumira Capital, Aperture Venture Partners and OSF Ventures, Woodridge, Ill.-based Endotronix said. “We are pleased to welcome these high-caliber medtech […]

Filed Under: Cardiovascular, Funding Roundup, Wall Street Beat Tagged With: Endotronix Inc.

Endotronix pulls in $3.5m for wireless heart monitor

January 4, 2016 By Fink Densford

Endotronix raised $3 million and is looking to bring in another $540,000 in a new round of debt financing, according to an SEC filing posted last week. Woodridge, Ill.-based Endotronix develops wireless cardiac monitors, including a ‘tiny pressure sensor’ designed to be implanted in a patient’s pulmonary artery during a catheterization procedure, to wirelessly return PA […]

Filed Under: Business/Financial News, Cardiac Implants, Cardiovascular Tagged With: Endotronix Inc.

Endotronix co-founder Rowland mum on fundraising amount

October 13, 2010 By MedCity News Leave a Comment

MedCity News logo

With publicly disclosed investments of $250,000 from a Cleveland economic development group and $400,000 from an Illinois angel group, rudimentary mathematics tell us heart monitoring startup Endotronix Inc. has raised at least $650,000.

Filed Under: Business/Financial News, News Well, Patient Monitoring Tagged With: Endotronix Inc.

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