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CathWorks closes $30mm Series C

Executive Summary

Cardiovascular device maker CathWorks Ltd. raised $30mm in its Series C financing round led by Deerfield Management. In late 2018, CathWorks received 510(k) clearance for its FFRangio system, which can potentially become standard of care in percutaneous coronary intervention. Funds from the financing will support US clinical and commercial activities for the system.
Deal Industry
  • Medical Devices
    • Diagnostic Imaging Equipment & Supplies
      • Digital Imaging
Deal Status
  • Final
Deal Type
  • Financing
    • Private Placement

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