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Aethon, Inc.



Aethon, Inc. Raises Additional $14 Million to Fund Rapid Growth and Expand its National Customer Base



October 3rd, 2008

Aethon, Inc., the leading developer of mobile robotics for hospital supply chain logistics, is pleased to announce the close of a successful $14 million financing round led by two new investors, Nexus Medical Partners and Radius Ventures. Aethon has grown significantly since its launch into the commercial market in 2005 with TUG robotic systems now providing supply and equipment delivery solutions for more than 100 hospitals nationwide.

Hospitals across the country have shown continued strong interest in Aethon's innovative technology, further evidenced by a recent Forbes.com article (http://www.forbes.com/fdc/welcome_mjx.shtml ) citing Aethon...


Source: Health Business Week (2008-10-03)

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