Navigation Links
VisEn Medical Raises $5.0 Million in Expanded Series B Financing
Date:4/18/2008

WOBURN, Mass., April 18 /PRNewswire/ -- VisEn Medical, Inc., a leader in fluorescence in vivo imaging, today announced the expansion of its Series B financing. Merck Capital Ventures and Flagship Ventures co-led this $5.0 million expansion of the Series B round, which initially raised $7 million in November 2007, bringing the total Series B financing amount to $12.0 million. VisEn will use the additional financing to further advance its proprietary fluorescence in vivo imaging product pipelines, and to expand its commercial applications and customer support of its marketed products worldwide.

"We are pleased to have Merck Capital and Flagship Ventures deepen and extend their support of our company and our programs," said Kirtland Poss, President and Chief Executive Officer of VisEn Medical. "Based on our progress since the first Series B closing, the results that customers are achieving with our systems and agents, some key new product launches, and the strong commercial traction we are already seeing in 2008, our Board and our investors have decided to increase their support to accelerate our growth."

"We invest in emerging companies with proven technologies that support the pharmaceutical industry," said Per Lofberg, President and Chief Executive Officer of Merck Capital Ventures and a member of the Board of VisEn. "VisEn is a market leader in fluorescence in vivo imaging pre-clinically, and well positioned to advance into human clinical trials with its technology platforms. These translational linkages are of growing importance in the pharmaceutical and healthcare industries, and we are pleased to participate in this opportunity."

Ed Kania, Chairman of VisEn Medical and Managing Partner of Flagship Ventures noted, "We see tremendous value and promise in VisEn's technologies and products, its deep customer relationships with a growing number of leading pharmaceutical companies, and its early progress driving the translation of its precl
'/>"/>

SOURCE VisEn Medical, Inc.
Copyright©2008 PR Newswire.
All rights reserved

0

GOOD

Page: 1 2 3

Related medicine news :

1. VisEn Medical Launches FMT(TM) 2500 - Next-Generation Fluorescence Imaging System
2. Aurora St. Lukes Medical Center Installs the Countrys Second-Largest Hyperbaric Chamber
3. Inverness Medical Innovations Schedules Conference Call for 10:00 a.m. ET April 24, 2008 to Discuss First Quarter 2008 Results
4. Correction: Law Offices of Howard G. Smith Announces Investigation on Behalf of Shareholders of Inverness Medical Innovations, Inc.
5. IC Sciences Investigates Application of Narrative Sciences for Medical Informatics Instruments
6. Heritage Victor Valley Medical Group Celebrates Earth Day
7. Medical Tourism Association Announces Worlds Largest Medical Tourism Convention in San Francisco, CA USA - September 9-12, 2008
8. Cedars-Sinai Medical Center opens patient trial of virus that attacks brain cancer cells
9. China Sky One Medical, Inc. Announces Its Successful Participation in the 20th International Medical Instruments and Equipment Exhibition
10. Law Offices of Howard G. Smith Announces Investigation on Behalf of Current and Former Employees of Inverness Medical Innovations, Inc. Who Invested in the Inverness Medical Innovations, Inc. Employee Savings Plan
11. Roseland Medical Center Hosts Recognition Ceremony and Open House

Post Your Comments:
*Name:
*Comment:
*Email:
(Date:11/8/2009)... , "One victory does not mean the battle is ... Nov. 7 In a vote of 24...r-Lipinski-Smith Amendment to prohibit abortion ma...floor. ,, Americans United for Life Action Pres...ge of this amendment is a victory for the pro-life...
(Date:11/8/2009)... , WASHINGTON, Nov. 7 /PRNewswire-USNewswire/...fordable Health Care for America Act, which will m...d insurance companies accountable and increase acc...gh a public option. ,, "Teddy Roosevelt, FDR an...ram Director Alan Charney. "Today,s vote ranks amo...
(Date:11/8/2009)... , Calls for Swift Passage of H.R. 3961 to S...v. 7 Statement Attribut...n Medical Association. ,, (Logo: http://www.n... "The AMA hails the passage of the House health re...em for patients and physicians and calls for swift...
(Date:11/8/2009)... , AARP Praises House Passage of Health Care...rengthen Medicare, improve coverage for all Americ... -- Today, the United States House of Representati...are reform legislation that would strengthen Medic...e companies that prices millions of Americans out ...
(Date:11/8/2009)... , AARP Praises House Passage of Health Care...rengthen Medicare, improve coverage for all Americ...e/ -- SUMMARY: Tonight the United States House o...rm legislation that would strengthen Medicare for ...ies that prices millions of Americans out of affor...
Breaking Medicine News(10 mins):Health News:Americans United for Life Action Comments on Passage of Pro-Life Amendment: Bipartisan Pro-life Majority Reflects the Will of the American People 2Health News:AMA Hails House Passage of Health Reform Bill (H.R. 3962) 2Health News:AARP Illinois Key Vote News Alert 2Health News:AARP Illinois Key Vote News Alert 3Health News:AARP Maryland Key Vote News Alert 2Health News:AARP Maryland Key Vote News Alert 3
...ano’s bestseller ‘French Women Don’t Get Fat’ may ...es, 5.9 million of France's 63.4 million// people ...igures have got the French government scratching t... down hard on junk food advertisements. Such adver...
...wance of ?9,000 per year will be given to dentists...Scotland//. This was announced by the Scottish Exe...re will enjoy this special allowance. This scheme ...area. Craigmiller is the poorest area when income ...
... of bread available in the supermarket were found ...s the Consensus Action// on Salt and Health (Cash)...f them contained more salt than the Food Standards...as found that some brands were so salty that nine ...
...s of China and France signed a landmark cooperativ...aditional// Chinese medicine (TCM) expected by pra...ancer. The two countries will cooperate in a...the document signed by Chinese Health Minister Gao...
...a's Fujian province was on high alert after it con...Thursday//. Zhang Changpin, vice governor of F... to prevent an outbreak of the epidemic. He asked ... in Jian'ou city, developed symptoms of fever, cou...
...sts say a simple test can identify men at high ris... biopsy finds no signs of it//. The key, researche...of a man's prostate with his levels of a cancer-re...ancers than men with lower scores in an Oregon stu...
Other Medicine News:Health News:Too Much of Salt in Bread.. 2Health News:Scientists Tout New Prostate Cancer Test 2
(Date:11/6/2009)...- Trius Therapeutics, Inc. announced today that it...th the U.S. Securities and Exchange Commission (SE...of shares of its common stock. All shares of the c...ered by the Company. ,, Credit Suisse Securitie..., Piper Jaffray & Co. is acting as co-lead man...
(Date:11/6/2009)...re-FirstCall/ -- Roper Industries, Inc. (NYSE: R...ive agreement to acquire Verathon, Inc., a leading...athon Board of Directors has approved the transact...tory approvals and closing conditions, including s...ng to be completed in early December. ,, Headq...
(Date:11/6/2009)...ire-FirstCall/ -- Derma Sciences, Inc. (OTC Bu...care products, announced plans to release its thir...vember 16, 2009. The Company will hold a conferenc...00 am EST. Interested parties should call (866) 78...), with passcode 81416481 to access the call. You ...
Breaking Medicine Technology:Roper Industries Announces Two Acquisitions to Enhance Growth in Medical and Toll & Traffic Businesses 2Roper Industries Announces Two Acquisitions to Enhance Growth in Medical and Toll & Traffic Businesses 3Derma Sciences Announces Date of Its Third Quarter 2009 Earnings Release and Conference Call 2Genes may explain why children who live without dads have earlier sex 9923 1Genes may explain why children who live without dads have earlier sex 9923 2The Pancreatic Cancer Action Network Is Saddened by the Death of Actor Patrick Swayze 57133 1The Pancreatic Cancer Action Network Is Saddened by the Death of Actor Patrick Swayze 57133 2Molecules on a string and why size isnt the only thing that matters for data storage 14038 1Molecules on a string and why size isnt the only thing that matters for data storage 14038 2
...cs, Inc., a,privately-held biopharmaceutical compa...n of proprietary compounds to treat gastrointestin...completed the patient enrollment,of its Phase 3 st...ouble-blind, placebo controlled study, FHAST1 (Fis...etermine the efficacy and safety of oral,AST-120 i...
...l Meeting of the American Neurological ..., Oct. 8 UCB, Inc. presented results from two,Pha... trial of rotigotine,transdermal system for the tr...me (RLS). These rotigotine data showed significant... 8 points over placebo using the,International Res...
Other Medicine Technology:Ocera Therapeutics, Inc. Completes Enrollment in FHAST1, a Pivotal Phase 3 Clinical Trial in Fistulizing Crohn's Disease 2Ocera Therapeutics, Inc. Completes Enrollment in FHAST1, a Pivotal Phase 3 Clinical Trial in Fistulizing Crohn's Disease 3Rotigotine Transdermal System Shows Significant Symptom Reduction and Tolerability in Patients with Restless Legs Syndrome 2Rotigotine Transdermal System Shows Significant Symptom Reduction and Tolerability in Patients with Restless Legs Syndrome 3Rotigotine Transdermal System Shows Significant Symptom Reduction and Tolerability in Patients with Restless Legs Syndrome 4Rotigotine Transdermal System Shows Significant Symptom Reduction and Tolerability in Patients with Restless Legs Syndrome 5
...l reference laboratory and a worldwide leader in i...P offers an extensive test menu of highly complex ...pathology. Owned by the University of Utah, ARUP L... nation's university teaching hospitals and childr...
...l reference laboratory and a worldwide leader in i...P offers an extensive test menu of highly complex ...pathology. Owned by the University of Utah, ARUP L... nation's university teaching hospitals and childr...
...l reference laboratory and a worldwide leader in i...P offers an extensive test menu of highly complex ...pathology. Owned by the University of Utah, ARUP L... nation's university teaching hospitals and childr...
...l reference laboratory and a worldwide leader in i...P offers an extensive test menu of highly complex ...pathology. Owned by the University of Utah, ARUP L... nation's university teaching hospitals and childr...
Medicine Products: