By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Health Works CollectiveHealth Works CollectiveHealth Works Collective
  • Health
    • Mental Health
  • Policy and Law
    • Global Healthcare
    • Medical Ethics
  • Medical Innovations
  • News
  • Wellness
  • Tech
Search
© 2023 HealthWorks Collective. All Rights Reserved.
Reading: Nearly $300 million in medtech financings for March 2011
Share
Notification Show More
Font ResizerAa
Health Works CollectiveHealth Works Collective
Font ResizerAa
Search
Follow US
  • About
  • Contact
  • Privacy
© 2023 HealthWorks Collective. All Rights Reserved.
Health Works Collective > Business > Nearly $300 million in medtech financings for March 2011
BusinessTechnology

Nearly $300 million in medtech financings for March 2011

PatrickDriscoll
PatrickDriscoll
Share
1 Min Read
SHARE

Financings in medical technology for the month of March 2011 reached almost $300 million, well off the blistering pace of $656 million financings in February, but a solid influx of money to medtech nonetheless. The top financing for the month are shown below, headed by CardioDx’s $57 million funding.

  • CardioDx Inc. has raised $57.49 of a planned $78.33 million round of funding (Gene expression test to predict coronary artery disease)
  • Tengion, Inc., has raised $31.35 million from Medtronic and other investors (Tissue-engineered organs)
  • NovaShunt AG has raised CHF 23.7 million ($25 million) in a Series B financing (Implantable abdominal pump for removal of ascites in liver cirrhosis, certain cancers and congestive heart failure)
  • Amedica Corp. has raised $22.125 million of a planned $30 million round of financing (Spine surgery and orthopedic technologies)
  • Retinal Implant AG has raised $18 million in a new round of funding (Electronic retinal implant to restore vision)
  • Veran Medical Technologies, Inc., has raised $15 million in funding (Minimally invasive technologies for interventional oncology treatment)
TAGGED:health care businessmed-tech start-upsmedical technology
Share This Article
Facebook Copy Link Print
Share
By PatrickDriscoll
Follow:
I serve the interests of medical technology company decision-makers, venture-capitalists, and others with interests in medtech producing worldwide analyses of medical technology markets for my audience of mostly medical technology companies (but also rapidly growing audience of biotech, VC, and other healthcare decision-makers). I have a small staff and go to my industry insiders (or find new ones as needed) to produce detailed, reality-grounded analyses of current and potential markets and opportunities. I am principally interested in those core clinical applications served by medical devices, which are expanding to include biomaterials, drug-device hybrids and other non-device technologies either competing head-on with devices or being integrated with devices in product development. The effort and pain of making every analysis global in scope is rewarded by my audience's loyalty, since in the vast majority of cases they too have global scope in their businesses.Specialties: Business analysis through syndicated reports, and select custom engagements, on medical technology applications and markets in general/abdominal/thoracic surgery, interventional cardiology, cardiothoracic surgery, patient monitoring/management, wound management, cell therapy, tissue engineering, gene therapy, nanotechnology, and others.

Stay Connected

1.5kFollowersLike
4.5kFollowersFollow
2.8kFollowersPin
136kSubscribersSubscribe

Latest News

a woman walking on the hallway
6 Easy Healthcare Ways to Sit Less and Move More Every Day
Health
September 9, 2025
Clinical Expertise
Healthcare at a Crossroads: Why Leadership Matters More Than Ever
Global Healthcare
September 9, 2025
travel nurse in north carolina
Balancing Speed and Scope: Choosing the Nursing Degree That Fits Your Goals
Nursing
September 1, 2025
intimacy
How to Keep Intimacy Comfortable as You Age
Relationship and Lifestyle Senior Care
September 1, 2025

You Might also Like

mhealth
eHealthMobile HealthTechnology

mHealth Device Data to Eliminate Annual Checkup, Improve Disease Research

January 29, 2015
patient care
BusinessFinanceHealth Reform

Will It Be About Patients This Time?

January 22, 2015

Mobile Medical Diabetes Pump Devices–Hacking Possible

August 8, 2011
3d printing
Technology

5 Tech Trends in Healthcare in 2015

March 9, 2015
Subscribe
Subscribe to our newsletter to get our newest articles instantly!
Follow US
© 2008-2025 HealthWorks Collective. All Rights Reserved.
  • About
  • Contact
  • Privacy
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?