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Astute Medical Raises Series B Venture Capital

Wednesday, May 12, 2010 5:33:00 AM PDT | VentureDeal Staff
San Diego, California  --  Medical device company Astute Medical has secured $26.5 million in its second round of institutional venture capital investment.

Astute says that it's "mission is to identify and validate protein biomarkers of severe acute disease."

Domain Associates and Delphi Ventures led the round, which also included Johnson & Johnson Development Corporation and De Novo Ventures.  The company said it would use the financing to continue its research and development activities.

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