Financings in medical technology pushing well over $400 million in May 2011

Financings in medical technology for May 2011 reached a noteworthy $573 million, supported large measure by the $107 million raised by the implantable defibrillator company Cameron Health.  Other big financings for the month include $60 million to genome diagnostics company CardioDx, $34 million to cartilage regeneration company Histogenics, $30 million to neurology therapeutics company Neuronetics, $22 million to fibrin sealant company ProFibrix NV and $20 million to surgical sealant company Lifebond.

The year-to-date total for medtech financings in 2011 stands at $2.1 billion, which is 43% over the financings received in the first five months of 2010.

The complete list of May 2011 financings in medical technologies is detailed at link.

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