PRODUCTS MEDICAL BERGEN, INC , a manufacturer of medical devices developing novel and innovative medical device products, has completed $1. 825 million Preferred Series A funding It will use the funds raised from this round to bring one or more of its products onto the market The round was led by Golden Seeds, one of the nation’s largest angel investment groups, and was syndicated with Jumpstart New Jersey Angel Network.
‘We are very pleased to welcome Bergen Medical to the investment portfolio of the Golden Seeds and Golden Seeds Fund 2 network. Bergen Medical’s disruptive technology and business strategy are well aligned with our mission to support women-led businesses in the early stages of their development,” said Kathryn Swintek, Member of the Board & General Partner, Golden Seeds Fund 2.
‘This funding increases our investor base and further expands our manufacturing and research capabilities to bring innovative wound closure products to the market that help improve clinical outcomes while still significantly lowering hospital costs,’ said Robert Laudadio, President and CEO of Bergen Medical. ‘We are excited to partner with our leading investor, Golden Seeds, and members of the Jumpstart New Jersey Angel Network to support our vision to improve the lives of patients while helping hospitals control costs. ”
‘Medical devices Bergen Medical Products, Inc. The development of new approaches has the potential to have a major impact on the ability to help reduce infections and improve surgical wound closure outcomes,” said Melissa Vinci-Rainis, Vice-President & COO. ‘There are nearly 80 million procedures carried out annually that can be used by Bergen Medical’s products. ”
The funds raised in this round will support the manufacturing capabilities and pre-clinical work required for FDA filings and enable Bergen Medical to expand further into other therapeutic areas.
Medical Products of Bergen, Inc Develops new medical devices for OR surgery and trauma in emergency departments Bergen Medical has leveraged its extensive industry experience and scientific expertise to design, develop and manufacture innovative medical devices. http://www: Emergency medicinal products Come on,
Golden Seeds is one of the largest angel investment groups in the country. New York, Boston, and San Francisco locations The 275 members of Golden Seeds assist in all phases of the investment process, providing resources and expertise. http://www: Golden Seed Come on,
Jumpstart New Jersey Angel Network is a member-led, angel group of successful serial entrepreneurs, business executives and venture capitalists who are actively investing in early-stage technology ventures in the Mid-Atlantic region and beyond. Jumpstart Member led a total investment of over $35 million in more than 45 companies. http://www: Knap startnj Come on,
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