Finance
Obesity surgery company secures $18.5 million in capital to develop ambulatory surgery centers
Published in Obesity and Diabetes Week, December 4th, 2006
Funding has come from three institutional investors: Austin Ventures, Versant Ventures, and Square 1 Bank.
Founded in 2005 by David Crane and Dennis Kelly, former senior executives at MedCath Corporation (NASDAQ: MDTH), NewHope Bariatrics will own and operate these centers in partnership with leading bariatric surgeons in markets across the United States. In anticipation of this new financing, the company has been working diligently with several physician groups and...
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