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Scientia Vascular Announces $14 Million Growth Financing Led by Piper Sandler Merchant Banking
PIPRPiper Sandler(PIPR) Prnewswire·2024-09-09 13:00

Company Overview - Scientia Vascular is a leader in neurovascular innovation, focusing on enhancing patient care through advanced medical devices [4] - The company is renowned for its microfabrication technology, offering a comprehensive portfolio of neurovascular guidewires and differentiated micro catheters and aspiration catheters [2] Recent Developments - Scientia Vascular has successfully closed a $14 million growth financing led by Piper Sandler Merchant Banking, aimed at commercializing the next generation of neurovascular tools [1] - The financing will support the launch of new products, including the Plato 17 and Socrates 38 neurovascular catheters [3] Market Position and Strategy - Scientia is positioned in a large and growing market opportunity, with a strong team and a track record of innovation and success [3] - The company aims to address a wide array of neurovascular disease states more effectively through continued innovation in microfabrication technology [2]