Warning: Declaration of subscribe2_widget::addPluginSubMenu() should be compatible with mijnpress_plugin_framework::addPluginSubMenu($title, $function, $file, $capability = 10, $where = 'plugins.ph...') in /data/32/2/10/97/2499423/user/2737425/htdocs/wordpress1/wp-content/plugins/subscribe2-widget/subscribe2-widget.php on line 18

Warning: Declaration of subscribe2_widget::addPluginContent($links, $file) should be compatible with mijnpress_plugin_framework::addPluginContent($filename, $links, $file, $config_url = NULL) in /data/32/2/10/97/2499423/user/2737425/htdocs/wordpress1/wp-content/plugins/subscribe2-widget/subscribe2-widget.php on line 18
Medical device firm Contego Medical lands $22.3M from investors | SEBIO

Medical device firm Contego Medical lands $22.3M from investors

Posted by on Jan 14, 2020

RALEIGH, N.C. – Contego Medical, a Raleigh-based medical device firm that received FDA approval for two systems targeting neurovascular, coronary and peripheral vascular disease, has landed $22 million from 10 investors.

Contego disclosed the funding in an SEC filing.

In 2018, Conteo Medical received FDA approval for:

  • The Vanguard IEP Peripheral Balloon Angioplasty System with Integrated Embolic Protection.
  • The “first” filter-based Integrated Embolic Protection (IEP) device, the Paladin Carotid PTA Balloon System.

Contego CEO Ravish Sachar signed the filing.

The company actually sought to raise $22.565 million but so far is some $215,000 short of that target.

In 2015 Contego raised more than $5 million.

https://bit.ly/2TmPQgf

Leave a Reply