Medtech developer Concept Medical said yesterday it received $60 million from cardiologist and serial entrepreneur Dr. Kiran Patel to support pursuit of an FDA investigational device exemption trial for its sirolimus-coated balloon device.
The Florida-based company touted the device as the world’s first sirolimus-coated balloon, and said that funds will also be used to support clinical data collection and clinical registries in pursuit of European market reimbursement.
Read the whole story on our sister site, Drug Delivery Business News
The post Concept Medical raises $60m for sirolimus-coated balloon IDE trial appeared first on MassDevice.
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