Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=242e7f0c-5494-4953-80f4-3bc4ae22f589&Preview=1
Date 10/5/2011
Company Name NxThera
Mailing Address 4186 Lexington Ave. St. Paul, MN 55126
Company Description NxThera develops medical technologies to treat a variety of endourology conditions, including BPH. The company’s technology platform utilizes a simple, minimally invasive, vapor therapy designed to measurably improve urinary flow and patient quality of life.
Proceeds Purposes Funds raised will be used to obtain European CE Mark approval and U.S. Food and Drug Administration clearance for a clinical study for the Rezum vapor ablation device in Europe, Canada and the United States, and to develop additional endourology devices.