July big month for financings in medtech

With medical technology financing driven way over the top by the $151.5 million financing by Devicor Medical Products (acquirer of J&J's Ethicon Endo-Surgery breast-care business), the July 2010 total hit a year high-to-date $518.3 million.

See individual financings below.

  • Replication Medical, Inc., has raised $1.1 million in funding according to a regulatory filing (implantable hydrogel devices used in spine surgery)
  • Sensus Healthcare, LLC, has raised $1.5 million of a planned $7 million round of funding according to a regulatory filing (medical technology development)
  • Figure 8 Surgical, Inc., has raised $1.36 million of a planned $1.5 million round of funding according to a regulatory filing
  • Seguro Surgical, Inc., has raised $125K of a planned $1.25 milllion funding round (surgical instrumentation)
  • Tissue Genesis, Inc., has raised $1.33 million of a planned $15.3 million round of funding according to a regulatory filing (tissue engineering and cell therapy)
  • BIO2 Technologies has raised $1.1 million of a planned $2 million round of funding (tissue engineering scaffolds)
  • Smart Pill Corp. has raised $7.95 million of a planned $9.5 million round of funding according to a regulatory filing (pill camera GI diagnostic)
  • Cambus Medical has raised $1.89 million (€1.5 million) in a new round of funding (advanced catheter component solutions)
  • Cappella Inc. has raised $3.69 million of a planned $9.9 million round of funding according to a regulatory filing (treatment of bifurcation in coronary artery disease)
  • Uptake Medical, Inc., has raised $17.5 million in a Series B funding round (device for treatment of emphysema)
  • Neoprobe Corp. has raised $14 million in funding (gamma detection technology in sentinal node biopsy)
  • DFine, Inc., has raised $36.2 million in financing (minimally invasive treatments of vertebral compression fractures)
  • EyeTechCare has raised $9.5 million (€7.5 million) in a new round of funding (high intensity focused ultrasound (HIFU) for treatment of glaucoma)
  • Theranos, Inc., has raised $45 million of a planned $100 million round of funding (medical devices that monitor drug reactions)
  • TriVascular, Inc., has raised $60 million in a new round of funding (technology for repair of abdominal aortic aneurysms)
  • Ventus Medical Inc. has raised $40 million in a Series D round of funding (medical device technology for treatment of sleep disordered breathing)
  • InVasc Therapeutics, Inc., has raised $3.2 million of a planned $12 million round of funding according to a regulatory filing (drugs for kidney disease and atherosclerosis)
  • Innocoll Holdings, Inc., has raised $5 million in funding according to a regulatory filing (collagen-based drugs and devices)
  • Vertiflex, Inc., has raised $2 million in funding according to a regulatory filing (non-fusion spine surgery technologies)
  • Providien, Inc., has raised $10.5 million in seed funding (undisclosed medical device technology, principal investor Endeavor Capital)
  • BBARRX Medical, Inc., has raised $15 million in a Series D round of funding (endoscopic treatments for GI diseases)
  • Invuity, Inc., has raised $13.2 million of a planned $16 million round of funding (lighting and visualization in minimally invasive surgical instrumentation)
  • EndoStim, Inc., has raised $6 million in a Series B financing (device treatment sphincter-related disorders such as GERD and urge uinary incontinence)
  • Gentis, Inc., has raised $548K of a planned $2.25 million round of funding (orthobiologics products)
  • AxioMed Spine Corp. has raised $14.5 million in a round of funding (spinal disc implants)
  • Nfocus Neuromedical, Inc., has raised $3.31 million of a planned $7.15 million funding round (device treatment of brain aneurysms)
  • Maya Medical, Inc., has raised $700K in an apparent seed financing (company founded by Motasim Sirhan, founder of Avantec Vascular)
  • inCyte Innovations, LLC, has raised $3 million in funding according to a regulatory filing
  • SuperDimension Ltd. has raised $9.8 million in a funding round (technology to detect and map lung cancer)
  • USHIFU, Inc., has raised $1.02 of a planned $10 million funding round according to a regulatory filing (therapeutic use of high intensity focused ultrasound)
  • Devicor Medical Products Group, LLC, has raised $151.5 million from seven investors to fund development of breast-care business (now named Mammotome) from J&J's Ethicon Endo-Surgery.
  • IDEV Technologies, Inc., has raised $27.7 million of a planned $44.8 million round of financing according to a regulatory filing (biliary stent technologies)
  • Sound Surgical Technologies, LLC, has raised $2.1 million of a planned $5 million funding round (ultrasound based liposuction for cosmetic surgery)
  • Avedro, Inc., has raised $4.58 million in funding according to a regulatory filing (non-invasive procedure for treatment of keratoconus in vision correction)
  • InfraReDx, Inc., has raised $1.53 million in a round of funding according to a regulatory filing (infrared imaging of blood vessels for catheterization)
  • Aethlon Medical, Inc., has raised $890K in a round of funding according to a regulatory filing (blood purifier to treat infectious diseases)

 

Recent Reports from MedMarket Diligence:

New! Diabetes Management Worldwide 2009-2018

New! Ablation Technologies Worldwide Market, 2009-2018

Tissue Engineering, Cell Therapy and Transplantation, 2009-2018 

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