Palmaz Scientific Garners $3,000,000 New Funding Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2eb89507-5124-49e9-8c65-89582c973b28&Preview=1
Date
5/13/2010
Company Name
Palmaz Scientific
Mailing Address
2828 N. Harwood Dallas, TX 75201
Company Description
The Palmaz technology uses physical vapor deposition processes to deposit layers of atoms on a substrate to produce very strong, high purity metals which are then fabricated into low profile implantable medical devices for many applications including all metal micromesh thin film coverings for stents, micro-neuro and vascular stents, angioplasty balloons, drug delivery devices, as well as cosmetic and orthopedic implants.
Website
http://www.Palmazscientific.com
Transaction Type
Venture Equity
Transaction Amount
$3,000,000
Transaction Round
Undisclosed
Proceeds Purposes
Proceeds from this investment will enable us to develop a more effective treatment of this disease.
M&A Terms
Venture Investor
Texas Emerging Technology Fund