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Cardiovascular Business Week

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Pathway Medical Technologies, Inc.



Medical products company secures $10.1M financing



April 26th, 2005

Pathway Medical Technologies, Inc., announced that it has closed a $10.1 million round of financing.

The financing was led by Accelerated Technologies, Inc. (ATI), a cardiovascular device accelerator that utilizes a unique combination of physician luminaries and venture capital investors to accelerate early stage companies on their path to market. Oxford Biosciences of Boston, ABN Amro Capital of the Netherlands, and Israel's Giza Venture Capital invested $9.1 million. Existing Pathway shareholders contributed the other $1 million of the investment.

Pathway Medical is developing proprietary, catheter-based products for minimally invasive treatment of...


Source: Cardiovascular Business Week (2005-04-26)

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