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Article: Medusa Medical Technologies Secures $4M Financing from InNOVAcorp, Canadian International Capital and a Syndicate of International and Regional Investors.
- Article from:
- PR Newswire
- Article date:
- August 28, 2006
CopyrightCOPYRIGHT 2006 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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HALIFAX, NS, Aug. 28 /PRNewswire/ -- A Halifax-based medical technology company has closed a $4 million round of financing with a syndicate of international and regional investors. InNOVAcorp and Canadian International Capital Inc. participated in the current offering as follow-on investors.
"This capital injection will support corporate growth by enabling us to accelerate our product rollout in the European marketplace," said Scott Campbell, CEO of Medusa Medical Technologies Inc. "The local investment funds were essential to helping us leverage investment from outside Atlantic Canada."
Medusa develops and markets software for Emergency Medical Service ...