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BioWorld - Sunday, May 17, 2026
Home » Topics » Financings, Medical technology

Financings, Medical technology
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Financings for June 12, 2020

June 12, 2020
Med-tech firms raising money in public or private financings, including: Burning Rock Biotech, Neovasc.
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Financings for June 11, 2020

June 11, 2020
Med-tech firms raising money in public or private financings, including: Biolase, Catalent, Conversa Health, Livanova, Titan Medical.
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Hand holding dollar sign

C2i Genomics raises $12M series A to bring whole genome pattern recognition to liquid biopsy

June 10, 2020
By Stacy Lawrence
Whole genome sequencing is not part of treating patients in practice – or even involved in most clinical trials of drug candidates. But C2i Genomics Inc. is working to make that a reality. It applies pattern recognition to whole genome sequencing to create an individualized fingerprint for a given patient’s tumor. The New York-based startup has raised a $12 million series A round to back the development of its technology, which came out of Cornell and the New York Genome Center.
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Cue Health Monitoring System components

California startup secures $100M for rapid diagnostic platform

June 10, 2020
By Meg Bryant
Cue Health Inc. scooped up $100 million in a series C round to support the launch of its rapid molecular testing platform. The funds will be used to finalize the development and validation of the Cue Health Monitoring System and Cue Test Cartridges, as well as to scale up manufacturing operations.
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Financings for June 10, 2020

June 10, 2020
Med-tech firms raising money in public or private financings, including: Cardiovascular Systems, Mesa Laboratories, Pulse Biosciences, Varex Imaging.
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Ultrasound device in use on patient

Investment announcement brings funding for liver diagnostics tool to CA$8M

June 9, 2020
By David Godkin
TORONTO – Vancouver, B.C.-based Sonic Incytes Medical Corp. is giving MRI a run for its money assessing chronic liver disease following a successful, CA$3.5 (US$2.6 million) seed round. That brings total funding to CA$8 million (US$5.92 million) for a hand-held ultrasound device that quantifies liver disease using 3D tissue sampling and analysis in approximately five minutes in a doctor’s office.
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Illustration of Eshunt in the skull

Cerevasc raises $43.9M to advance hydrocephalus treatment

June 9, 2020
By Meg Bryant
Boston-based startup Cerevasc Inc. scooped up $43.9 million in a series A round that was led by Perceptive Xontogeny Venture (PXV) Fund and Aton Partners LLC. The funds are earmarked to support a first-in-human trial of the company’s Eshunt system for the treatment of hydrocephalus, as well as subsequent clinical studies to support regulatory approvals.
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Financings for June 9, 2020

June 9, 2020
Med-tech firms raising money in public or private financings, including: C2i Genomics, Caredx, DNAnexus, Patientping.
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Surgeon operating the R-One

Robocath raises $43M series C funding to accelerate distribution of its robotic PCI platform throughout Asia

June 8, 2020
By Bernard Banga
PARIS – Robocath SAS, of Rouen, France, has secured a new $43 million funding round to boost roll-out of its R-One robotic system for treating vascular disease. This series C funding was led by Hong Kong-based Microport Scientific Corp.
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Digital cancer cells illustration

Lunit preps for FDA approval, series D funding after getting EC nod

June 8, 2020
By Gina Lee
Hong Kong – South Korea’s Lunit Inc. is currently in the process of applying for U.S. FDA approval for Lunit Insight Mmg, its AI software that analyzes mammography images to detect breast cancer. Other markets that the company targets entering include South America, the Middle East, and Asia Pacific, Jussarang Lee, communications manager at Lunit, told BioWorld. Founded in 2013, the Seoul-based company uses artificial intelligence to develop cancer diagnostics and therapeutics.
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