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Medtronic And Boston Scientific Finance Saluda's Neuromodulation System

 
• By Catherine Longworth

Saluda Medical has secured funds from Medtronic and Boston Scientific to support the development of its spinal cord stimulation system for pain management.

Double exposure of graph and rows of coins for finance and business concept - Image

Medtronic PLC and Boston Scientific Corp. are backing Saluda Medical's spinal cord technology with a fresh round of financing. 

The Australian company has secured a four-year term loan agreement with Medtronic, plus $75m from Boston Scientific and San-Francisco investment fund Redmile Group to fund continued development of its Evoke...

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