Direct Flow Medical Obtains $50,000,000 New Funding

  • Feed Type
  • Date
    2/19/2014
  • Company Name
    Direct Flow Medical
  • Mailing Address
    451 Aviation Blvd. Santa Rosa, CA 95403
  • Company Description
    Direct Flow Medical is a medical device company located in Santa Rosa, CA. Direct Flow Medical is developing a percutaneous aortic tissue valve prosthesis to provide patients requiring treatment of cardiac valve insufficiency with a safe and effective percutaneous option.
  • Website
    http://www.directflowmedical.com
  • Transaction Type
    Debt
  • Transaction Amount
    $50,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The company will use the new funds to support commercialization of a new transcatheter aortic valve implantation system.
  • M&A Terms
  • Venture Investor
    PDL BioPharma

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