INVESTMENT IN CORINDUS, INC.
March 19, 2008 — 20/20 HealthCare Partners LLC (Auburndale, MA) is pleased to announce that its portfolio company, Corindus, Inc., closed a B Round investment taken solely by a New York based hedge fund / private equity fund specializing in the health care industry. Corindus will use the financing to enhance its management structure, complete product development and obtain regulatory approvals in the US and Europe.
The initial funding round led by 20/20 HealthCare Partners in September 2005 enabled Corindus to progress from an early stage company through development of a sophisticated, fully functional robotic catheterization system for the CathLab.