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Coherex Medical Raises Series B Venture Capital

Monday, August 24, 2009 5:38:00 AM PDT | VentureDeal Staff

Salt Lake City, Utah  --  Medical device company Coherex Medical has secured $16.5 million in second round of institutional venture capital financing.

Coherex Medical is developing a PFO closure device that the company says is safe, effective and easy to use.

vSpring Capital and Oxford Bioscience Partners led the round, which also included Tullis Health Investors.  The company did not disclose how the funding proceeds would be used.

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