NeuroVasc Technologies, Inc. closes Series B financing of $6.3MM

Thursday, May 17, 2018 General News
Email Print This Page Comment bookmark
Font : A-A+

LAGUNA HILLS, Calif., May 16, 2018 /PRNewswire/ -- NeuroVasc Technologies, Inc., a medical device company active in the endovascular

field, announced today that it has closed a $6.3MM Series B Preferred Stock financing.  The funding includes multiple investors and was led by ShangBay Capital.

NeuroVasc Technologies, Inc. is dedicated to improving

treatment of neurovascular conditions, with a focus on ischemic stroke. The company currently has CE mark on the Versi Mechanical Thrombectomy System, which is used for clot removal from the blood vessels of the brain during an acute ischemic stroke. The device is not yet cleared by the FDA for use in the USA.

"Helping patients is our passion," commented Jim Ma, CEO and co-founder.  "We have been seeing good early clinical results, and we plan to expand on this clinical work with the current financing."

"NeuroVasc's technologies may significantly improve treatment outcome of stroke patients and the quality of patients' lives. We are very excited to be part of this effort," commented William Dai, founding partner at ShangBay Capital.

About NeuroVasc Technologies, Inc.NeuroVasc, Inc. is a privately-held medical device company founded in 2015 focused on developing innovative, state-of-the-art devices for the treatment of neurovascular conditions, such as strokes. For more information visit www.neurovasctechnologies.com

 

Cision View original content:http://www.prnewswire.com/news-releases/neurovasc-technologies-inc-closes-series-b-financing-of-6-3mm-300649918.html

SOURCE Neurovasc Technologies Inc.

Advertisement


Post your Comments

Comments should be on the topic and should not be abusive. The editorial team reserves the right to review and moderate the comments posted on the site.
* Your comment can be maximum of 2500 characters
I agree to the terms and conditions

News A - Z

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

News Search

Medindia Newsletters

Subscribe to our Free Newsletters!

Terms & Conditions and Privacy Policy.

Find a Doctor

Press Release Category

Press Release Archive

Stay Connected

  • Available on the Android Market
  • Available on the App Store