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Pleural Dynamics announced it raised $5.46 Million in an amended filing from an offering of $8.36 Million

Dec 10, 2024about 1 year ago

Amount Raised

$5.46 Million

WayzataManufacturingBiotechnology

Company Information

Company

Pleural Dynamics

Location

952 Medina Road

Wayzata, Minnesota, United States

About

Pleural Dynamics is a Minneapolis based medical device start-up focused on developing best in class solutions for chronic, recurrent fluid collections within the body. Our flagship product, ACES (the Automatic Continuous Effusion Shunt), is designed for the treatment of chronic recurrent pleural effusions. Chronic recurrent pleural effusions are a build-up of excess fluid between the lung and chest wall that compresses the lung and weighs on the diaphragm causing debilitating shortness of breath, irritating cough, poor quality of life, and short life expectancy. Recurrent pleural effusions affect approximately 660,000 new people in US and Europe each year and represents a $1.5B annual market opportunity for Pleural Dynamics. The current treatment options are cumbersome, costly, and based on decades old technology.

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