DFine secures $35M to treat spinal fractures

Medical device maker DFine brought in $35 million in fourth round funding to develop and market its StabiliT Vertebral Augmentation System, a device that injects bone cement to heal fissures in patients’ spinal columns.

The original target amount for the round, $30 million, was reached in… Continue Reading

Life sciences briefing: Thursday, Feb. 21, 2008

Life sciences briefing: Thursday, Feb. 21, 2008

TODAY’S HEADLINES:

Compact ultrasound maker Zonare Medical raises $30M (VentureWire)
TherOx raises $30M for hypersaturated-oxygen devices (peHUB)
Accumetrics, antiplatelet-drug diagnostic maker, raises $29M (release)
Population Genetics takes in £3.8M for massively parallel genome studies (GenomeWeb)
“Brain fitness” trainer Dakim raises $11M (release)
BioIQ, home-diagnostics maker, takes in $2.5M (release)
Hospital med-tracker Sabal… Continue Reading

Evalve pulls in $60M, heating up heart-valve implant race

Evalve pulls in $60M, heating up heart-valve implant race

Evalve, a Menlo Park, Calif., developer of minimally invasive heart-valve repair implants, raised $60 million in a fourth funding round.

Evalve’s device is designed to replace risky open-heart surgery for patients whose mitral valve, which regulates blood flow between the left two chambers of the… Continue Reading