Heart Test Laboratories raises $12m to support heart disease detection device

Heart disease detection device developer Heart Test Labs raised $12 million in a private placement of common stock to support the international launch of its MyoVista product in the 1st quarter. The round was significantly over-subscribed, Heart Test Labs said, and “provides HTL with a strong financial base entering into 2017.” The company said it is in the process of hiring sales staff as it prepares to launch its MyoVista system. The Westlake, Texas-based company’s MyoVista is an electrocardiography device which operates on proprietary technology to aid in the early detection of heart disease. The device operates on a standard 12-lead resting ECG and provides both a traditional ECG and proprietary informatics for early identification of ischemic and other myocardial disfunctions, according to a press release. The post Heart Test Laboratories raises $12m to support heart disease detection device appeared first on MassDevice.
Source: Mass Device - Category: Medical Equipment Authors: Tags: Business/Financial News Cardiovascular Heart Test Laboratories Source Type: news