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Insulin device firm CeQur and liquid biopsy firm Exosome Diagnostics closed financing rounds; Abbott completes its transcatheter mitral valve replacement deal; Unilife considers its options; and Quest Diagnostics subsidiary advances infectious disease offerings.

Insulin infusion manufacturer CeQur SA raised $100 million in a series C financing to help ramp up clinical, regulatory and commercial activities in advance of its anticipated 2016 U.S. launch of PaQ, a three-day insulin infusion device. The financing was led by Woodford Investment Management LLP and Arthurian Life Sciences Ltd., and other existing investors participated.

PaQ, which is CE marked in Europe, is a patch providing three days of consistent, basal insulin along with an extra, on-demand bolus insulin supply, CeQur explains. It is intended...

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