Mich. clinical-stage device company gets $34 million boost

01/9/2012 | Crain's Detroit Business (free registration)

Ann Arbor, Mich.-based CytoPherx has secured $34 million in a financing round, which is said to be the biggest amount of venture capital funding for an in-state firm since April 2009. The company, which develops patent-protected and customized designs of existing hollow fiber dialysis filters for inflammation treatment, will use the money to advance clinical studies.

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