December 2009 medtech financings bring year-to-date total to $3.3 billion

Below are the medical technology industry financings through December 2009 (we'll update them through 12/31). There were a significant number of financings this month, but many small ones, the exceptions being Ophthotech ($30 million) and Asmathix ($27 million), for a December total of $153 million.

  • Hepa Wash GmbH has raised $5.74 million (€ 3.8 million in a Series A financing round (liver assist device)
  • Neostim, Inc., has raised $1 million according to a regulatory filing (neuromodulation of nervous system-mediated disorders)
  • Advanced Cell Technology, has raised $2.77 million in financing from debt and options, according to a regulatory (human embryonic stem cell technology)
  • Echo Therapeutics, Inc., has raised $563K in a funding round according to a regulatory filing (ultrasound-based transdermal drug delivery)
  • Apnex Medical, Inc., has raised $14 million in its second round of funding (implantable device for treatment of obstructive sleep apnea)
  • Nautilus Neurosciences, Inc., has raised $13.08 million according to a regulatory filing.
  • TransMedics, Inc., has raised $3.57 million according to a regulatory filing (preservation system for organ transplant)
  • Medisse BV has received an undisclosed sum in a financing round from BioGeneration Ventures (biomaterials for resorbable implants in a range of clinical applications)
  • TiGenix NV has raised $11.33 million (€ 7.7 million) in a private placement (products for tissue repair and regeneration)
  • Monterey Devices, Inc., has raised $2.55 million according to a regulatory filing (drug delivery systems)
  • Ophthotech Corp. raises $30 million in Series B financing (biopharmaceutical treatments for wet and dry age-related macular degeneration)
  • AxioMed Spine Corp. has raised $6.4 million toward a projected total $18.5 million Series C round (spinal disc replacements)
  • Hoana Medical, Inc., has raised $10.2 million in an oversubscribed Series C financing (system for non-contact measurement of vital signs)
  • ImplicitCare LLC, has raised $1.48 million according to a regulatory filing (surgical suture system)
  • Asthmatix Inc. has raised $27 million in a Series C financing (medical device for outpatient treatment of asthma)
  • Taris Biomedical, Inc., has raised $5 million according to a regulatory filing (device for localized drug delivery)
  • Cardo Medical, Inc., has raised $6.2 million according to a regulatory filing (reconstructive products for orthopedic surgery)
  • California Stem Cell, Inc., has raised an undisclosed sum in a second round of financing (stem cell treatments for spinal cord injuries)
  • EnzySurge Ltd. has raised $2.5 million in a round of financing (products for wound management)
  • Cambridge Heart has raised $1.85 million in a financing round according to a regulatory filing (noninvasive cardiac diagnostics)
  • Syncro Medical Innovations, Inc., has raised $500K in a financing round according to a regulatory financing (enteral feeding tube)
  • CleveX, Inc., has raised $696K in a financing round according to a regulatory filing (skin biopsy, closure and repair)
  • Bioject Medical Technologies, Inc., has raised $1.2 million in a financing round according to a regulatory filing (needlefree injection of liquid medications)
  • HistoSonics, Inc., has raised $5 million in financing according to a regulatory filing (ultrasound based tissue ablation for BPH, others)

Total medtech financings for 2009 (incorporating companies in medical device, hybrid drug/device, biomaterials and technologies directly competing with these) totaled $3.287 billion (see link).

  • January/February, $370 million, see link
  • March, $359 million, see link
  • April, $305 million, see link
  • May, $171 million, see link
  • June, $298 million, see link
  • July, $440 million, see link
  • August, $408 million, see link
  • September, $328 million, see link
  • October, $202 million, see link
  • November, $253 million, see link
  • December, $153 million, see above

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