Medtech financings so far in March 2009

Preliminary  list of financings for the month of March 2009:

  • Cardima, Inc. (CRDM) Completes $20 Million Private Placement (device company focused on the treatment of atrial fibrillation)
  • Medical device co EarlySense raises $2M in private placement (patient monitoring technology)
  • NuOrtho Surgical raises $1M in private financing (devices for minimally invasive orthopedic surgery)
  • Ikano Therapeutics, Inc. (fka Intranasal Therapeutics) closes $18M series B round (intranasal epilepsy drug)
  • Scoliosis device maker SpineForm raises $1.25 million (developing "spine staple" to correct scoliosis without surgery)
  • Obesity-fighting startup EndoMetabolic Solutions lands $3.8M
  • Minnow Medical Inc., stealth company developing a radiofrequency-based medical device treatment for peripheral-artery disease, is raising an undisclosed amount of Series C financing.
  • SEMPRUS BioSciences Corp. (formerly Stericoat) has raised $8 million in Series A financing (anti-microbial and anti-thrombogenic coating for medical devices)
  • CircuLite Completes Initial Close on $33 Million Series C Financing Plan (micro-pump for partial circulatory support in patients with heart failure)
  • SynCardia Systems Inc. said it is set to close on a $6 million Series D round that soon could be expanded to $9 million (temporary artificial heart)
  • NeoMatrix, Inc. adds $1.2 million to $30 million previously raised in Series C round (non-invasive breast screening device)
  • Salutaris Medical Devices, Inc., receives $2 million in funding (undisclosed ophthalmic devices)
  • CorAssist Cardiovascular Ltd., has raised $5.25 million in a private financing led by Aurum Ventures MKI (novel therapeutic devices for diastolic heart failure)

One thought on “Medtech financings so far in March 2009”

  1. Lamictal (lamotrigine) for Bipolar Disorder: I began taking Lamictal for lower body spasticity due to an injury to my CNS. My neurologist decided to try Lamictal in order to prevent these seizure-like episodes from occurring daily, and it worked; however, it made an even bigger impact on my mental and emotional state. At 19, I’ve dealt with depression, severe anxiety, and irritability for approximately 5 years now, and the stability I gained from taking this medication (for convulsions!) has absolutely changed my life.

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