Aspect Medical Systems
This article was originally published in The Gray Sheet
Executive Summary
Aspect Medical Systems: Private round of financing led by The Hillman Company and T.Rowe Price Associates raises $11.7 mil.. Funds will be used to "accelerate market adoption" of the Natic, Massachusetts firm's Bispectral Index (BIS) anesthesia monitoring technology "and to establish the BIS as a standard for anesthetic monitoring," the firm states. Aspect received 510(k) clearance from FDA in October 1996 to promote BIS technology as a means to improve clinical outcomes and lower the cost of anesthesia care ("The Gray Sheet" Dec. 16, 1996, I&W-7)...