$27.5 million for CryoCor to fund cardiac cryoablation drive
This article was originally published in Clinica
Executive Summary
San Diego, California-based CryoCor is to receive $27.5m in private equity financing. It plans to use the fresh funds to speed up US development of its catheter-based cryoablation system to treat atrial fibrillation and atrial flutter, and to roll the product out in Europe, where it is already CE marked for sale.