MassDevice.com +5 | The top 5 medtech stories for May 26, 2017

Say hello to MassDevice +5, a bite-sized view of the top five medtech stories of the day. This feature of MassDevice.com’s coverage highlights our 5 biggest and most influential stories from the day’s news to make sure you’re up to date on the headlines that continue to shape the medical device industry. Get this in your inbox everyday by subscribing to our newsletters.   5. MRI Interventions raises $13.3m in private placement MRI Interventions inked a definitive securities purchase agreement today with a group of investors that is slated to bring the company $13.3 million in gross proceeds. The agreement includes 6.6 million aggregate units of common stock and warrants. For each unit purchased, investors will get 1 share of common stock and a warrant to purchase 1 share of stock, according to the agreement. Read more 4. SteadyMed raises another $5m from key shareholder SteadyMed said today that 1 of its largest institutional shareholders exercised warrants to purchase additional shares of the company that the investor got in conjunction with the 1st tranche of a previous private placement. Thanks to the exercise, San Ramon, Calif.-based SteadyMed received an additional $5 million in proceeds. Read more 3. Senseonics prices $41m underwritten offering for Eversense CGM Senseonics said today that it priced an underwritten offering of 29 million shares of common stock at $1.41 apiece to a group of institutional investors. Roche Finance ag...
Source: Mass Device - Category: Medical Devices Authors: Tags: News Well Plus 5 Source Type: news