HomeUSAMeditrina Closes $10M Equity Financing

Meditrina Closes $10M Equity Financing

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Meditrina, Inc., a San Jose, Calif.-based premier women’s healthcare company, completed a $10m equity financing.

The round was a first tranche of a $20m commercialization round.

The round was led by Deerfield Management Company. In conjunction with the funding, Steven Hochberg, a Partner at Deerfield, will join the Meditrina Board of Directors.

Founded in 2016 by Csaba Truckai, President and CEO, Meditrina designs and develops the Avetaā„¢ System for the treatment of intrauterine pathologies such as polyps, fibroids, and/or RPOC.

The company intends to use the funds to expand U.S. commercialization of the Avetaā„¢ System and to further develop its product portfolio.

FinSMEs

02/06/2020

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