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AirXpanders closes $10 M investment round and initiates U.S. Clinical study

Apr-19-2012

 

AirXpanders Inc., a company developing innovative products addressing the breast and burn reconstruction markets, secured $10 million in Series D financing. Investors include Vivo Ventures, GBS Venture Partners, Heron Capital and Prolog Ventures. 

  

This round will fund the ongoing U.S. Investigational Device Exemption (IDE) study for the AeroForm™ Patient Controlled Tissue Expander System. 

  

Scott Dodson, CEO, said the company has already seen "great success" in the IDE study, with no adverse events reported to date.

 

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