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NeoChord Inc.

NeoChord adds $7m to $25m Series D round

April 25, 2019 By Fink Densford

NeoChord said this week that it added $7 million to its Series D round of financing, adding onto a previous $25 million raised for a total of $32 million in the round. The extra funds in the round came from Strategic Healthcare Investment Partners, the St. Louis Park, Minn.-based company said. “Brad Vale and I established […]

Filed Under: Business/Financial News, Wall Street Beat Tagged With: NeoChord Inc.

NeoChord raises $21m

November 14, 2018 By Fink Densford

NeoChord has raised $20.6 million in a new round of equity financing, according to a recently posted SEC filing. The St. Louis Park, Minn.-based company offered Series D preferred stock in the round, with the first sale noted on October 31, according to the filing. A total of 27 anonymous investors have joined in the […]

Filed Under: Business/Financial News, Featured, Wall Street Beat Tagged With: NeoChord Inc.

NeoChord raises $25m in Series D

November 6, 2018 By Fink Densford

NeoChord said yesterday it closed a $25 million Series D equity financing round to help support its mitral valve repair system intended to treat mitral valve regurgitation. The round was led by U.S. Venture Partners, co-led by Deerfield Management and joined by Baird Capital, St. Louis Park, Minn.-based NeoChord said. “NeoChord has established strong, clinical […]

Filed Under: Business/Financial News, Cardiovascular, Featured Tagged With: NeoChord Inc.

NeoChord wins FDA nod for mitral valve repair trial

May 13, 2016 By Brad Perriello

NeoChord said it won an investigational device exemption from the FDA for a clinical trial of its mitral valve repair technology. St. Louis Park, Minn.-based NeoChord said the 20-site study is a prospective, multicenter, randomized clinical trial of its DS1000 artificial chordae delivery system. “IDE approval is a major milestone for NeoChord and its investors,” president & CEO David […]

Filed Under: Food & Drug Administration (FDA), Funding Roundup, Regulatory/Compliance, Replacement Heart Valves Tagged With: NeoChord Inc.

Wright Medical COO, ex-Tornier CEO Mowry, steps down | Personnel Moves May 5, 2016

May 5, 2016 By Fink Densford

Wright Medical COO, ex-Tornier CEO Mowry, steps down Wright Medical (NSDQ:WMGI) said yesterday its exec veep and chief operating officer, and former Tornier (NSDQ:TRNX) CEO, David Mowry will be stepping down from the company on May 6 to pursue other opportunities. The company did not indicate who would take Mowry’s position. Read more

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Filed Under: Business/Financial News Tagged With: Alfred Mann Foundation, Asante Solutions, BaroNova, Baxter, Biolase, Capsule Tech Inc., Gynesonics, Medtronic, NeoChord Inc., Neurotech Pharmaceuticals, NinePoint Medical Inc., Notal Vision, Olympus, Patient Safety Technologies Inc., Repro Med Systems, SafeOp Surgical, Tornier Inc., wrightmedical

AngioDynamics CEO DeVivo out, ex-Covidien exec Clemmer in | Personnel Moves for April 4, 2016

April 4, 2016 By Brad Perriello

1. AngioDynamics CEO DeVivo is out, ex-Covidien exec Clemmer is in AngioDynamics (NSDQ:ANGO) said today that president & CEO Joseph DeVivo stepped down to “pursue other interests” and was replaced by ex-Covidien bigwig James Clemmer, effective today. DeVivo joined Latham, N.Y.-based AngioDynamics in September 2011. “We thank Joe for his contributions and commitment to AngioDynamics over […]

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Filed Under: Business/Financial News Tagged With: AngioDynamics, Baxter, NeoChord Inc., Neural Analytics, Omron, Personnel Moves

AdvaMed taps LifeScience Alley’s Mandle to lead state medtech alliance | Personnel Moves

October 28, 2015 By Brad Perriello

AdvaMed said it named Shaye Mandle, CEO of Minnesota’s LifeScience Alley trade association, as chairman of its State Medical Technology Alliance. “The medical technology industry is a hallmark of U.S. innovation represented by a community of people dedicated to improving and saving lives. Now more than ever, medical technology has the opportunity to help deliver […]

Filed Under: Business/Financial News Tagged With: AdvaMed, Direct Flow Medical Inc., Edwards Lifesciences, Innfocus, NeoChord Inc., Personnel Moves, Prism Medical, RTI Surgical, SeaSpine, Shape Memory Therapeutics, VentriPoint Diagnostics

Neochord raises $12.6m for mitral repair device

June 1, 2015 By Brad Perriello

Neochord said it raised $12.6 million in debt of a hoped-for $20 million funding round to support its DS1000 minimally invasive mitral valve repair system. The Neochord device is designed to allow the implantation of artificial chordae tendinae, thread-like connectors that anchor leaflets of the mitral valve to heart muscle, the Minnesota-based medical device company […]

Filed Under: Business/Financial News, Funding Roundup Tagged With: funding, Heart valves, NeoChord Inc.

Medtronic taps strategy exec to lead Covidien integration | Personnel Moves

June 25, 2014 By Brad Perriello Leave a Comment

Medtronic taps strategy exec to lead Covidien integration | Personnel Moves

Filed Under: News Well Tagged With: Covidien, EyeTechCare, Medtronic buys Covidien, Monarch Medical, NeoChord Inc., Personnel Moves, Zynex

NeoChord lands CE Mark for its mitral valve repair system

January 4, 2013 By MassDevice staff Leave a Comment

NeoChord logo

Minnesota device maker NeoChord won CE Mark approval in the European Union for its DS1000 Mitral Valve Repair system, the company announced this week.

The device allows the implantation of artificial chordae tendinae, thread-like tissues that anchor the leaflets of the mitral valve to heart muscle. Surgeons can use the device to repair mitral valve prolapse via a transapical, off-pump procedure, according to the company.

Filed Under: News Well, Replacement Heart Valves Tagged With: NeoChord Inc.

Edwards lands four-year $500 million revolving credit facility | Funding Roundup

August 9, 2011 By MassDevice staff Leave a Comment

Edwards Lifesciences

Edwards Lifesciences Corp. (NYSE:EW) landed a new four-year $500 million credit facility after canceling a prior one a couple months early.

The old facility was a five-year deal, also for $500 million, that was scheduled to mature September 29, 2011.

Filed Under: Funding Roundup, News Well, Wall Street Beat Tagged With: Abaxis Inc., Acutus Medical, Cardia Inc., Edwards Lifesciences, Knome Inc., NeoChord Inc., Restoration Robotics Inc., Vessix Vascular Inc.

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