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Sapheon Books Series B Venture Capital

Tuesday, September 10, 2013 5:54:00 AM PDT | VentureDeal
Morrisville, North Carolina  --  Medical device company Sapheon has received $19.8 million in its second institutional venture capital financing round.

Sapheon is developing medical devices for the treatment of vascular disease.

Investors in the financing were not disclosed.

The company said it would use the funding to support its pivotal study through final submission for FDA approval of its VenaSeal Sapheon Closure System device.

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