InSightec nets $50M investment

By staff writers

June 30, 2014 -- MR-guided focused ultrasound (MRgFUS) developer InSightec said it is raising $50 million in capital funding.

The company plans to use the funds for market development and implementation of InSightec's strategy for a next-generation noninvasive operating room.

The investment was made by York Capital Management, a new investor in the company. There is a limited time for other investors to invest in the current round of funding either by taking part of the $50 million or expanding the investment to $62.5 million, InSightec said.

Copyright © 2014

To read this and get access to all of the exclusive content on create a free account or sign-in now.

Member Sign In:
MemberID or Email Address:  
Do you have a password?
No, I want a free membership.
Yes, I have a password:  
Forgot your password?
Sign in using your social networking account:
Sign in using your social networking