Navigation Links
Concentric Medical Closes on $15 Million Financing
Date:1/8/2009

MOUNTAIN VIEW, Calif., Jan. 8 /PRNewswire/ -- Concentric Medical, Inc., the global leader in devices for clot removal in ischemic stroke patients, today announced that it has completed a $15 million round of financing. The round was led by leading venture capital firm New Enterprise Associates, Inc. (NEA) and includes other existing investors and new investors.

"The positive developments at Concentric over the last several months made the opportunity to participate in this round of financing very attractive to investors," said Robert Thomas, Chairman of Concentric's Board of Directors. "Concentric ended 2008 very successfully, launching multiple new products and expanding its distribution footprint both in the United States and in Europe. Concentric plans to accelerate market development through diversified technology and additional clinical trials, positioning the company well for 2009 and beyond."

Commenting on this announcement, Maria Sainz, President and Chief Executive Officer of Concentric said, "This show of support, particularly in the current financial environment, is very gratifying and represents a strong vote of confidence for the company's strategic plans going forward."

Business Developments

Significant activities during recent months include:

In July 2008, Concentric launched its third generation of Merci Retrievers(R), the V-Series, which incorporates elements of the Merci(R) X6 Retriever and the Merci(R) L-Series Retrievers into an innovative variable pitch design. The V-Series is available in multiple configurations and sizes to match patient anatomy, and further extends the company's lead in the acute ischemic stroke market.

In September 2008, Concentric expanded its global distribution network by opening Concentric Medical SPRL, a Belgian subsidiary dedicated to providing sales and marketi
'/>"/>

SOURCE Concentric Medical
Copyright©2009 PR Newswire.
All rights reserved

Page: 1 2

Related biology technology :

1. Concentric Named Professional Agency of Record for Discovery Labs SURFAXIN(R)
2. Concentric Medical(R) Announces Co-Marketing Agreement With InTouch Health(R) to Advance Acute Ischemic Stroke Care
3. Concentric Wins Full-Service Professional Assignment From Biopharm Innovator Neuromed
4. China Sky One Medical, Inc. Qualifies for Preferential Income Tax Rate
5. Kiadis Pharma Appoints Dr. Maarten Egeler, MD PhD as Chief Medical Officer
6. Newly Available To Medical Device Manufacturers - Bluetooth Testing Equipment
7. Medical Machines Online Announces Release of a Brand New Philips HeartStart AED Defibrillator
8. BioLife Solutions Joins Prestigious Biomedical Excellence for Safer Transfusion Collaborative
9. China Sky One Medical, Inc. Receives Scientific Achievement Award
10. St. Josephs Hospital and Medical Center to Utilize Clinical InfoNET System for Physicians
11. ICU Medical Inc. and Health Robotics Announce Compatibility of CytoCare(TM) Robot and CLAVE(R) Needle-Free Connector to Enable Safer Hazardous Drug Handling
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/20/2015)... -- Health eCareers, the healthcare industry,s online career hub, ... looking for the flexibility of short-term assignments through ... tool dedicated exclusively to temporary and shift work ... employers to quickly find and hire experienced professionals ... other temporary positions, eliminating the time and resources ...
(Date:5/20/2015)... Mass. , May 20, 2015  Haemonetics Corporation ... Concannon , President & CEO, will present at The ... York on June 1 st , 2015 ... may access Mr. Concannon,s presentation live via webcast at: ... Haemonetics (NYSE: HAE ) is a global ...
(Date:5/20/2015)... Research and Markets ( http://www.researchandmarkets.com/research/hdsx2f/bone ... "Bone Morphogenetic Proteins Market (Types : rhBMP-2 and ... - Maxillofacial) - Global Industry Analysis, Size, Share, ... report to their offering. The global ... the types of recombinant BMPs, applications, and geography. ...
(Date:5/20/2015)... 2015 The Greater Gift Initiative, ... is pleased to announce they are donating 10,010 vaccines ... donations represent the effort and commitment of clinical trial ... partner sites in 2014. , With a mission ... of clinical trial participation, GGI supports International Clinical Trials ...
Breaking Biology Technology:Health eCareers Launches SHIFT Mobile and Online Tool to Match Healthcare Employers with Temporary Job Seekers 2Health eCareers Launches SHIFT Mobile and Online Tool to Match Healthcare Employers with Temporary Job Seekers 3Global Bone Morphogenetic Proteins Market Industry Analysis 2014 - 2022 2The Greater Gift Initiative Donates over 10,000 Vaccines in Honor of International Clinical Trials Day 2
... New research at Rice University shows that tiny worlds may ... Pulickel Ajayan has packed an entire lithium ion energy storage ... the American Chemical Society journal Nano Letters . The ... can possibly get, and could be valuable as a rechargeable ...
... July 28, 2011 BioMed Realty Trust, Inc. ... signing of a new lease with BIND Biosciences, ... Cambridge, Massachusetts.  BIND Biosciences, a biopharmaceutical company developing ... approximately 32,800 square feet of laboratory and office ...
... 2011 TriLink BioTechnologies, Inc. (TriLink) and Lucigen Corporation ... a licensing agreement for the use of TriLink,s CleanAmp™ ... TriLink,s CleanAmp™ dNTPs are an innovative approach ... dNTPs in a PCR assay with CleanAmp™ dNTPs, a ...
Cached Biology Technology:Rice scientists build battery in a nanowire 2Rice scientists build battery in a nanowire 3BioMed Realty Trust and BIND Biosciences Sign New Lease at Vassar Street Property 2BioMed Realty Trust and BIND Biosciences Sign New Lease at Vassar Street Property 3BioMed Realty Trust and BIND Biosciences Sign New Lease at Vassar Street Property 4TriLink BioTechnologies, Inc. Announces License Agreement with Lucigen Corporation 2
(Date:4/27/2015)... , Apr. 27, 2015 Profile Solutions, ... control and security systems is pleased to announce that ... as a consultant and member of its scientific advisory ... widely known as a thought leader in technology-enhanced learning ... Technology Group, and has published studies and books focused ...
(Date:4/20/2015)... , April 20, 2015 ...   Glenbeigh Records Management (GRM), Ireland,s ... with Dubai Islamic Bank. Having built up an impressive track ... now a leading player within the records management sector in ... expects to double is GCC staffbase and employ a further ...
(Date:4/14/2015)... , April 14, 2015 NXT-ID, Inc. ... biometric authentication company focused on the growing mobile commerce ... nominated for the 2015 New York Design Awards under ... Design100, New York City Design Awards are part of ... on over 2,500 ratings from the marketplace, industry and ...
Breaking Biology News(10 mins):Profile Solutions Names Medicinal Cannabis, Agriculture and Technology Expert Dr. Gerry Bedore to its Scientific Advisory Board 2Profile Solutions Names Medicinal Cannabis, Agriculture and Technology Expert Dr. Gerry Bedore to its Scientific Advisory Board 3Profile Solutions Names Medicinal Cannabis, Agriculture and Technology Expert Dr. Gerry Bedore to its Scientific Advisory Board 4Glenbeigh Records Management Wins Contract With Dubai Islamic Bank 2Glenbeigh Records Management Wins Contract With Dubai Islamic Bank 3NXT-ID's Wocket Smart Wallet Nominated for 2015 New York Design Awards in 'Product Design- Technology' 2NXT-ID's Wocket Smart Wallet Nominated for 2015 New York Design Awards in 'Product Design- Technology' 3
... Va., Nov. 18 Stanley, Inc.,(NYSE: SXE ... to the U.S. federal government, today announced that it ... Corporation (NYSE: SAI ) awarded,a four-year, cost-plus-fixed-fee ... three option years are exercised. With this award, the ...
... NY, November 18, 2008 -- Researchers at the University of ... have been used to block and reverse type 1 diabetes ... of the National Academy of Sciences , was led by ... and an expert in the field of autoimmunity. "The ...
... Materials engineers have created a new type of membrane ... be used for environmental cleanup, water purification and industrial ... conventional filters for separating oil from water and works ... usually mutually exclusive. Researchers attached the material to a ...
Cached Biology News:Stanley to Continue Biometrics In-Service Engineering Support for U.S. Army 2Stanley to Continue Biometrics In-Service Engineering Support for U.S. Army 3New filtering technology has environmental, industrial applications 2New filtering technology has environmental, industrial applications 3
... it uses a deep-UV deuterium bulb, which provides ... a shutter (controlled via a TTL signal or ... DH-2000 Deuterium Tungsten Halogen Light Source combines the ... sources in a single optical path. The combined-spectrum ...
... are specifically depleted of a single complement ... protein, the alternative and classical pathways are ... for the detection and quantitation of hemolytically ... used to assess complement activation in non-human ...
... the D-2000, except that it uses a deep-UV ... range and comes with a shutter (controlled via ... D-2000 Deuterium Light Source produces a powerful, stable ... of the light source are available, providing a ...
... The FLUOstar OPTIMA is a fully ... for life science labs in academia ... different measurement principles: Fluorescence Intensity ... Time-Resolved Fluorescence including DELFIATM ...
Biology Products: