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Medisys Technologies

This article was originally published in The Gray Sheet

Executive Summary

Marketing effort for CoverTip hypodermic safety syringe gets shot in the arm from $3.5 mil. funding commitment from BizCapital. Cleared via 510(k) in May 1998, the device deploys a sheath over the needle following injection. "The downward turn in the capital markets over the last year has severely hampered our financial ability to conclude needed product changes and to deliver product into the 'new frontier' of sharps safety," Medisys says
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