Sadra Medical Obtains $30,000,000 New Financing Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d2968372-82e8-4577-80b2-2635fb0aec44&Preview=1 -
Date
5/7/2009 -
Company Name
Sadra Medical -
Mailing Address
160 Knowles Drive Los Gatos, CA 95032 -
Company Description
Sadra Medical is dedicated to developing innovative new therapies for the treatment of aortic valve disease. By developing minimally invasive alternatives to traditional surgical valve replacement, the company seeks to help improve patient care and make valve replacement possible for broader range of patients. Treatment of aortic valve disease remains a significant and growing unmet clinical need. As many as 3 million people in U.S. have aortic valve stenosis; however, only a small percentage of those are treated with the current standard of care, valve replacement during open-heart surgery using cardiopulmonary bypass. By developing a highly effective aortic valve replacement that is designed to reduce the risks and morbidity associated with open surgical valve replacement, Sadra Medical seeks to provide a therapeutic option for patients who are not being treated today. -
Website
http://www.sadramedical.com./ -
Transaction Type
Venture Equity -
Transaction Amount
$30,000,000 -
Transaction Round
Undisclosed -
Proceeds Purposes
Proceeds purposes were not disclosed. -
M&A Terms
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Venture Investor
Accuitive Medical Ventures (AMV) -
Venture Investor
Boston Scientific Corporation -
Venture Investor
Finistere Partners LLC -
Venture Investor
FirstMark Capital -
Venture Investor
Oakwood Medical Investors -
Venture Investor
ONSET Ventures -
Venture Investor
SV Life Sciences
