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Sensors for Medicine and Science, Inc. Completes $10 Million Financing

GERMANTOWN, Md., May 21 /PRNewswire/ -- Sensors for Medicine and Science, Inc., a clinical-stage, medical device company pioneering breakthrough technology that could dramatically improve continuous glucose monitoring for people with diabetes, today announced the completion of a $10 million financing with a strategic investor. This new investor purchased shares of the Company's existing Series C preferred stock. No product development or intellectual property rights were transferred as a result of this investment. Previous venture investors in Sensors for Medicine and Science, Inc., include New Enterprise Associates, HealthCare Ventures, Rho Management, Anthem Capital and Abingworth Bioventures.

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