Deal Announcements

Pathway Medical Continues Focus with $25M Round

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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PCI - Level1