SWITZERLAND - EdRIP et al. invest CHF 38m into Endosense
Edmond de Rothschild Investment Partners (EdRIP) has led a series-B funding round worth over CHF 38m for medical technology company Endosense SA, alongside Gimv, Neomed, VI Partners, Sectoral Asset Management, Ysios Capital Partners and Initiative Capital Romandie.
The financing allows Endosense to commercialise its product, TactiCath, in the European market and start clinical studies in America.
Founded in 2003, Geneva-headquartered Endosense focuses on catheter ablation for treating cardiac arrhythmias. Catheter ablation is a treatment whereby a special catheter is advanced into the patient's left heart chamber via the femoral vein.
The company previously received a CHF 22.6m round in 2005.
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