Baltimore medical device firm looks to raise $3M, plans for clinical studies

Federal Hill medical device firm CoolTech LLC is raising capital as it works to push its body temperature-cooling technology toward federal approval. CoolTech is seeking up to $3 million in equity financing, according to documents filed with the U.S. Securities and Exchange Commission, The company is previously backed by more than $6 million in funding from private investors and the National Institutes of Health. CoolTech has developed a devic e that pumps warm, dry air in through a patient's nose…
Source: bizjournals.com Health Care:Pharmaceuticals headlines - Category: Pharmaceuticals Authors: Source Type: news