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AtheroMed Garners New Venture Capital Funding

Monday, May 09, 2011 5:33:00 AM PDT | VentureDeal Staff

Menlo Park, California  --  Medical device company AtheroMed has secured $7.5 million in new venture capital investment, according to an SEC regulatory filing.

AtheroMed is developing treatments for Peripheral Arterial Disease (PAD).

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

According to the filing, the company is still seeking an additional $500,000 in financing.

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