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Imricor Medical Systems in $35m raise

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Listed medtech Imricor Medical Systems was seeking to raise up to $35 million on Wednesday to see it through to US Food and Drug Administration approvals for its flagship product catered at the market for treatment of irregular heart rhythms.

The IP was licensed from Johns Hopkins University, according to fund-raising documents.  Nic Walker

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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com

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Original URL: https://www.afr.com/street-talk/imricor-medical-systems-in-35m-raise-20240717-p5juht