News

Deal Announcements

Medingo Readies For US Launch With $27 Million

Monday, November 26, 2007 6:00:00 AM PDT | VentureDeal Staff
YOQNEAM ILLIT, ISRAEL -- Medical device company Medingo Ltd. has completed a round of new venture capital investment, receiving $27 million from existing investors.

Medingo is developing a miniature dispensing patch for insulin-dependent diabetic patients.  The device promises to be more cost effective than standard insulin pumps and may increase compliance by diabetic patients.

Elron Electronic Industries and Radius Ventures invested in the round.  The company is preparing for FDA approval and plans to launch in the U.S. upon approval.

Email Page  Email Page | Print Page Print Page

Free Trial

Want unlimited access to the complete database with thousands of technology companies, VCs and transactions for only $25 per month?

Start your Free 14 Day Trial now – no obligation or credit card required.

Free 14 day trial. No Obligation. Click to Register.
Venturedeal Twitter Venturedeal Facebook Venturedeal Linkedin


PCI - Level1