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ALung Tech Reports Venture Capital Financing

Tuesday, December 20, 2011 5:57:00 AM PDT | VentureDeal Staff
Pittsburgh, Pennsylvania  --  Medical device company ALung Technologies has raised $2.2 million in new financing, according to an SEC regulatory filing.

ALung is developing gas exchange devices for the treatment of acute and chronic respiratory disorders.

Investors in the financing were not disclosed, nor was how the company intends to use the funding proceeds.

ALung is still seeking an additional $1.2 million in financing, according to the filing.

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