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Supira Medical, Inc., A Shifamed Portfolio Company, Receives Fda Breakthrough Device Designation As The Company Closed $40M In Series D Financing

Nov 21, 2023about 2 years ago
CampbellHealth Care

Investors

Unorthodox VenturesPa Med Tech Vc FundAmed Ventures415 CapitalThe Capital PartnershipCormorant Asset ManagementSupira Medical, Inc.

Description

Supira Medical, Inc., a Shifamed portfolio company, announced today that it has received U.S. Food and Drug Administration (FDA) breakthrough device designation for its Supira System, a next-generation percutaneous ventricular assist device (pVAD). This approval comes as the company closed $40M in Series D financing and prepares to initiate its U.S. clinical program

Company Information

Company

Supira Medical

Location

590 Division Street

Campbell, California, United States

About

Supira Medical, a privately held portfolio company of Shifamed, is focused on development of a next generation percutaneous ventricular assist device (pVAD) for use in high-risk patients undergoing interventional procedures. To learn more about Supira Medical, please visit www.supiramedical.com.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers