HistoSonics Inc.
HistoSonics nears close of $14.2M funding for non-invasive ablation
Michigan medical device maker HistoSonics is creeping toward the close of a $14.22 million funding round in support of its non-invasive tissue ablation technology.
The company has raised about $14.17 million so far from 13 unnamed investors, through sales of equity, options, warrants and other rights to acquire securities, according to an SEC filing dated May 16.
Ex-FDA commissioner joins board of Michigan cancer treatment firm
HistoSonics Inc. brought former Food & Drug Administration commissioner Dr. Andrew von Eschenbach onto its board yesterday.
The ex-commissioner’s experience as a surgeon, urological oncologist and healthcare administrator made him a good fit, said the Ann Arbor, Mich.-based company, which is developing a treatment for urological cancer.
CEO Tom Davison said "[Dr. von Eschenbach’s] commitment to safe and effective healthcare and especially cancer therapy aligns precisely with HistoSonics’ vision and long term strategy," in a prepared statement.