BioStable Science & Engineering Announces Initial Closing of Series C Equity Round
BioStable Science & Engineering, a medical technology company focused on products for aortic valve repair for the treatment of aortic insufficiency, announced today the initial closing of its Series C equity financing.
- BioStable Science & Engineering, a medical technology company focused on products for aortic valve repair for the treatment of aortic insufficiency, announced today the initial closing of its Series C equity financing.
- Lead investors Rex Health Ventures and Orlando Health Ventures were joined by Longmeadow Health Care Partners, Sant Health Ventures, Solas BioVentures, and other prior investors in the round.
- John Wheeler, President and CEO of BioStable Science & Engineering, concluded by saying, Proceeds from the transactions will allow BioStable to expand sales, marketing, and surgeon training efforts and to initiate its post-market registry study of the HAART Aortic Annuloplasty Devices.
- BioStable Science & Engineering is a cardiovascular device company focused on developing and commercializing proprietary valve repair technologies that provide an alternative to valve replacement for patients with aortic valve disease.