Shockwave Medical Obtains $40,000,000 New Financing Round
Feed Type
Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=298cc759-c567-45cb-b3a0-65df9a6e01ed
Date 5/19/2015
Company Name Shockwave Medical
Mailing Address 48501 Warm Springs Blvd. Fremont, CA 94539 USA
Company Description The Lithoplasty family of balloon dilatation catheters incorporate tiny lithotripsy electrodes designed to increase the compliance of rigid vascular and valvular lesions prior to low-pressure dilation, thereby limiting injury to healthy tissue and overcoming significant limitations of current revascularization technologies.
Proceeds Purposes Proceeds from the financing will be used for development of the company’s Lithoplasty balloon catheters in peripheral, coronary and aortic valve applications.