advanced medical technologies

Below is a list of medtech financings in March 2009, totalling at least $191 million (several financing have undisclosed amounts):

• Cardima, Inc. (CRDM) Completes $20 Million Private Placement (device company focused on the treatment of atrial fibrillation (AF))
• Medical device co EarlySense raises $2M in private placement (patient monitoring technology)
• NuOrtho Surgical raises $1M in private financing (devices for minimally invasive orthopedic surgery)
• Ikano Therapeutics, Inc. (fka Intranasal Therapeutics) closes $18M series B round (intranasal epilepsy drug)
• Scoliosis device maker SpineForm raises $1.25 million (developing "spine staple" to correct scoliosis without surgery)
• Obesity-fighting startup EndoMetabolic Solutions lands $3.8M 
• Minnow Medical Inc., stealth company developing a radiofrequency-based medical device treatment for peripheral-artery disease, is raising an undisclosed amount of Series C financing.
• SEMPRUS BioSciences Corp. (formerly Stericoat) has raised $8 million in Series A financing (anti-microbial and anti-thrombogenic coating for medical devices)
• CircuLite Completes Initial Close on $33 Million Series C Financing Plan (micro-pump for partial circulatory support in patients with heart failure)
• SynCardia Systems Inc. said it is set to close on a $6 million Series D round that soon could be expanded to $9 million (temporary artificial heart)
• NeoMatrix, Inc. adds $1.2 million to $30 million previously raised in Series C round (non-invasive breast screening device)
• Salutaris Medical Devices, Inc., receives $2 million in funding (undisclosed ophthalmic devices)
• CorAssist Cardiovascular Ltd., has raised $5.25 million in a private financing led by Aurum Ventures MKI (novel therapeutic devices for diastolic heart failure)
• DGIMed Ortho, Inc., has received $3.2 million in a Series A financing (system to assist orthopedic surgeons in the delivery of long bone intramedullary nail implants)
• Rhythmia Medical, Inc. has received a $200,000 Phase ! SBIR Grant from NIH (system for 3D mapping of heart during procedure for catheter ablation of arrhythmia)
• Link Medicine lands $40M in Series C round (treatments addressing misfolded neurotoxic proteins causing neurodegenerative diseases like Alzheimer’s and Parkinson’s)
• Ardian, Inc., has received $47 million in new financing from Medtronic, Advanced Technology Ventures, Split Rock Partners, and Emergent Medical Partners (a developer of catheter-based treatment for hypertension)

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