Deal summary reprinted from Strategic Transactions - July 2009
Paradigm Spine (developing non-fusion spinal implants) raised $21.5mm through the sale of $6.5mm in equity to new backer Praefinium Group and returning shareholder Trevi Health Ventures and $15mm in debt to Fifth Third Bank. Read more...
Paradigm Spine gets $21.5mm via sale of equity and debt
Deal summary reprinted from Strategic Transactions - July 2009
The company plans to use the funds for US sales activities--it anticipates approval for more devices next year--and to continue clinical trials of its coflex implant.
Other device deals this week
Financing
Antares Pharma nets $7.9mm privately · July 2009
BeneChill raises $13.5mm through Series C round · July 2009
Dormir gets $8mm through its Series A round · July 2009
Impliant closes $7.3mm financing · July 2009
Paradigm Spine gets $21.5mm via sale of equity and debt · July 2009
TransMedics sells $2.5mm in debt · July 2009
VytronUS brings in $17mm through its Series A round · June 2009
45 investors contribute to NICO's $10mm Series C round · July 2009
Series B brings in €6mm for BiancaMed · July 2009
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