Generic Medical Devices Lands $4,981,000 New Financing

  • Feed Type
  • Date
    6/30/2009
  • Company Name
    Generic Medical Devices
  • Mailing Address
    5727 Baker Way NW Gig Harbor, WA 98332
  • Company Description
    Generic Medical Device’s (GMD’S) mission is to improve the lives of patients, families and health care providers by offering high quality, cost effective medical devices for standard of care procedures. GMD is initially focused on soft tissue repair products and products used in soft tissue repair procedures. GMD’s first two products will be a universal sling kit for female stress urinary incontinence and a complete line of ventral and inguinal hernia repair mesh.
  • Website
    http://www.genericmedicaldevices.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $4,981,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Proceeds purposes were not disclosed.
  • M&A Terms
  • Venture Investor
    Kaiser Permanente Ventures
  • Venture Investor
    Latterell Venture Partners