Life sciences briefing: Tuesday, Aug. 14, 2007
Featured companies: Tenaxis Medical, Aspen MedTech, Biolex Therapeutics
Tenaxis closes up $5M for surgical sealants — Mountain View, Calif.-based Tenaxis Medical, a developer of glues and sealants for closing surgical incisions, raised $5 million in a second funding round, VentureWire reports (subscription required). Individual investors, including several limited partners in Magic Venture Capital, provided the funding.
Tenaxis began clinical trials of its first experimental product, a sealant for blood vessels, last month. The company plans to use the… Continue Reading