PEAK Surgical’s plasma electrosurgical tools net $21M

PEAK Surgical’s plasma electrosurgical tools net $21M

Palo Alto, Calif.-based PEAK Surgical, a device company developing new surgical tools that aim to control bleeding via electric energy, raised $21 million in a third funding round. Investors included Signet Healthcare Partners, Lehman Brothers and Venrock Associates.

The company is working on new electrosurgical tools… Continue Reading

Power Medical, surgical-instrument maker, looks to raise $100M from IPO

Power Medical Interventions, a Langhorne, Penn., maker of computer-assisted surgical instruments, filed to raise up to $100 million in an IPO. The company develops precisely controlled “endomechanical” cutters and staplers designed to apply consistent and powerful force in both open and minimally invasive surgeries.

Power Medical… Continue Reading