Showing posts with label Oxford Finance. Show all posts
Showing posts with label Oxford Finance. Show all posts

Friday, December 9, 2011

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.

Tuesday, August 30, 2011

Air Xpanders to start breast reconstruction device trial, raise $5M-$7M

AirXpanders Inc. will start a clinical study of its breast tissue expansion device in mastectomy patients — and seek additional financing — after the Food and Drug Administration on Monday granted a key exemption.
The Palo Alto company said it will seek $7 million-$10 million to help pay for clinical and commercial work for AeroForm, its device for women undergoing breast reconstruction. That work includes regulatory clearance in the United States and Europe, increased manufacturing and limited commercialization in Europe and Australia.