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CytoPherx Closes Venture Capital Round

Thursday, January 05, 2012 5:51:00 AM PDT | VentureDeal Staff

   Ann Arbor, Michigan  --  Medical device company CytoPherx has garnered $34 million in a new round of venture capital investment.

CytoPherx is developing a proprietary selective cytopheresis system to provide anti-inflammatory therapy for kidney injury.

A large syndicate of venture capital and strategic investors participated in the round.

The company said it would use the financing to complete US clinical trials of its anti-inflammatory therapy for acute kidney injury.

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