dimarts, 2 d’octubre del 2018

CyMedica raises $3m

CyMedica Orthopedics

CyMedica Orthopedics has raised $3 million in a new round of debt and options financing, according to a recently posted SEC filing.

Money in the round comes from 2 unnamed investors, with the first sale noted on September 26, according to the filing.

The Scottsdale, Ariz.-based company is looking for an additional $2 million before closing the round, which would bring the total raised up to $5 million, according to the filing.

CyMedica has not yet officially said how it plans to use funds raised.

In April, CyMedica said that it enrolled the 1st patient in a clinical trial of its E-Vive neuro-muscular device, looking to explore its effectiveness in post-operative primary total knee arthroplasty rehabilitation.

The post CyMedica raises $3m appeared first on MassDevice.



from MassDevice https://ift.tt/2QoteHn

Cap comentari:

Publica un comentari a l'entrada