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Financings in Brief: Imagyn Medical

This article was originally published in The Gray Sheet

Executive Summary

Imagyn Medical: Completes $10 mil. private placement led by new investors Domain Associates of Princeton, New Jersey and BankAmerica Ventures of San Francisco. The privately held firm, based in Laguna Niguel, California, says proceeds will: support marketing efforts for its MicroLap 2mm high resolution, minimally invasive endoscope; "step up the launch of Imagyn's linear everting catheter product line in Japan"; and "provide resources to accelerate the development of additional women's health care products." Imagyn notes that it recently inked an agreement under which U.S. Surgical will manufacture the MicroLap and coordinate the device's distribution in Europe, Japan and the U.S...
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