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MiCardia Corporation announced
today the completion of a $9 million Series B Preferred financing.
This financing was led by HBM Biocapital,
with additional shares sold to Japan Asia Investment Company, Ltd., the
MedFocus Family of Funds, the BioStar Private Equity Fund, LLC and a
number of private individuals. The proceeds from this financing will be
used to further develop the Company’s Dynamic Adjustable Cardiovascular
Implant Technologies and initial human clinical trials for its’ initial
products ...read more |