Hansen Medical secures $30M debt facility

Hansen Medical Inc. said Friday it secured a $30 million debt facility through Oxford Finance LLC and Silicon Valley Bank.
Mountain View-based Hansen (NASDAQ:HNSN) specializes in flexible catheter robotics and developing robotic technology for accurate 3D control of catheter movement. It plans to use the funds for general corporate financing.

Hansen Medical robot used to treat peripheral vascular disease

Hansen Medical Inc. said Friday it has clinically used its branded Magellan Robotic System for the first time to treat peripheral vascular disease, or a when blood vessels narrow and harden, often in the legs.
The condition affects more than 27 million people worldwide, with diabetes, hypertension, atherosclerosis and obesity being contributing factors.

Hansen Medical executives charged with fraud

Government regulators on Thursday filed fraud charges against two former sales executives at Mountain View medical equipment company Hansen Medical Inc.
Christopher Sells, former vice president of commercial operations at Hansen, and Timothy Murawski, a former vice president of sales, allegedly participated in “multiple improper sales transactions” to inflate the company’s reported revenues, said the U.S. Securities and Exchange Commission.

Hansen Medical names Peter Mariani CEO

Hansen Medical Inc. on Friday named Peter J. Mariani chief financial officer.
Mountain View-based Hansen (NASDAQ:HNSN) said Mariani replaces Peter Osborne, who has been interim CFO since February 2010.

Hansen Medical could get $107 million in Philips deal