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Vidacare Corporation Completes $7.6 Million Private Equity Financing.

Publication: Business Wire
Publication Date: 14-JUL-09
Format: Online
Delivery: Immediate Online Access
Full Article Title: Vidacare Corporation Completes $7.6 Million Private Equity Financing.(Company overview)

Article Excerpt
SAN ANTONIO -- Vidacare Corporation, a leading provider of intraosseous access technology to the medical community, announced today that the company has closed a $7.6 million private equity Series D1 financing. The financing will provide capital to launch Vidacare's hematology/oncology product, the OnControl[TM] Bone Marrow System, and its OnControl Bone Access System for spinal surgical procedures as well as provide support for ongoing global expansion efforts for its EZ-IO[R] Vascular Access System.

The financing was led by Piper Jaffray, along with Tullis Health Investors and Incyte Venture's Targeted Technology Fund I, and from the existing investor base.

Established in 2001, Vidacare Corporation's award-winning technology platform incorporates patented power-driver and needle technology to provide a safe and effective method to access the...

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