Apnex Medical Receives $10,000,000 New Financing Round
Feed Type
Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7ba892db-9800-4baa-a5f6-ba7dd6013851&Preview=1
Date 9/24/2012
Company Name Apnex Medical
Mailing Address 2890 Centre Pointe Drive St. Paul, MN 55113
Company Description APNEX Medical is the second spin-out company of Prospex Medical, Inc.,
a medical device incubator founded in 2005 by Michael Berman, Robert
Atkinson, and Chad Kugler. The company is developing a medical device using active implantable technology to treat obstructive sleep apnea.
Proceeds Purposes The company is testing the device on patients in Australia, Europe and the United States. The study will prepare the company to pursue regulatory approval to sell the device.