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Financings in Brief: CryoCath Technologies

This article was originally published in The Gray Sheet

Executive Summary

CryoCath Technologies: Private placement led by newly signed investors Sofinov, IAI Ventures, Robertson Stephens, and CDC Innovations raises $14.6 mil. Combined with earlier private and venture financing, equity investment now totals $17.3 mil. The funds will allow the Montreal-based developer of medical cryoablation catheter technology for treatment of arrhythmias to pursue further R&D activities, manufacturing and clinical trials, the firm states...
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