Wednesday, November 01, 2006 6:00:00 AM PDT | VentureDeal Staff
Endovascular treatment designer Pathway
Medical Technologies has announced the closing of a $25 million Series B
round of financing.
Two new investors joined the round as did existing investors. The company
is developing what it calls a Pathway Atherectomy System that treats patients
diagnosed with Peripheral Arterial Disease (PAD).
The company is still in early clinical stage and will likely use the funds to
advance its product through additional clinical trials.
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