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Stentys Closes $22+ Million Series 'B' Total Financing Led By Sofinnova Partners and Scottish Equity Partners (SEP) with $4.2 Million from New Investor Credit Agricole Private Equity.

Publication: Business Wire
Publication Date: 29-JUN-09
Format: Online
Delivery: Immediate Online Access
Full Article Title: Stentys Closes $22+ Million Series 'B' Total Financing Led By Sofinnova Partners and Scottish Equity Partners (SEP) with $4.2 Million from New Investor Credit Agricole Private Equity.(Company overview)

Article Excerpt
"I am more than ever convinced that the Company is uniquely positioned to develop its breakthrough approach for treating acute myocardial infarction and bifurcation lesions." - Jacques Seguin, M.D., Ph.D., co-founder of Stentys and founder of CoreValve

PRINCETON, N.J. and PARIS -- Medical device pioneer Stentys announced today that it has secured the second tranche of its Series B financing from Sofinnova Partners and SEP--closing an additional $4.2 million investment from new investor Credit Agricole Private Equity--bringing the total B round financing to more than $22m.

Stentys was founded in 2006 to develop a new-generation stent designed for treatment of acute myocardial infarction and coronary artery bifurcations.

Treatment of...

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