Article: Artes Medical Completes $50 Million Private Equity Financing; Funding to Support Commercial Launch of Lead Product ArteFill(R).

SAN DIEGO -- Artes Medical, Inc., a fully-integrated medical technology company focused on the development, manufacture and commercialization of a new category of permanent aesthetic injectable products, today announced that it has raised approximately $50.7 million in a series of private equity financings involving the sale of its Series E Preferred Stock. Since its inception in 1999, the Company has raised approximately $80 million in private equity financings.

The Series E financings include $7.2 million raised through a subscription rights offering primarily from existing stockholders of the Company, $38.5 million syndicated and raised by National Securities ...

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