ImThera Medical, a San Diego-based developer of a neuro-stimulation device for treating sleep apnea, has raised $1 million of a planned $2.2 million round of equity financing, according to an SEC filing. Marcelo Lima, the firm’s president and CEO, told Xconomy for this March 5 article that he had previously raised $5.1 million for the company. Lima was not immediately available at his company’s office this morning to comment on the financing.
Author: Ryan McBride
Ryan is an award-winning business journalist who contributes to our life sciences and technology coverage. He was previously a staff writer for Mass High Tech, a Boston business and technology newspaper, where he and his colleagues won a national business journalism award from the Society of American Business Editors and Writers in 2008. In recent years, he has made regular TV appearances on New England Cable News.
Prior to MHT, Ryan covered the life sciences, technology, and energy sectors for Providence Business News. He graduated with honors from the University of Rhode Island in 2001 with a bachelor’s degree in communications. When he’s not chasing down news, Ryan enjoys mountain biking and skiing in his home state of Vermont.
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