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iThera Medical Closes $15.6M Funding Round: Week in Brief: 12/23/22

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MUNICH, Dec. 23, 2022 — Medical technology company iThera Medical closed a £13 million ($15.6 million) funding round led by TRUMPF Venture. The funding will drive the company’s commercialization and development of its multispectral optoacoustic tomography (MSOT) imaging technology, with a goal to translate the technology into a routine clinical environment and offer clinicians a diagnostic tool. Proceeds from the funding will also be used to secure regulatory approval for deployment in Europe and the U.S. and expand clinical evidence in priority clinical indications, the company said. TROY, Mich....Read full article

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