Pa. maker of respiratory-assist device raises about $14.7M

07/23/2013 | MassDevice.com (Boston)

ALung Technologies has obtained about $14.7 million from 48 undisclosed backers, part of a funding round aiming for $17 million. The Pennsylvania-based company is expected to use the money to finance a U.S. study of its Hemolung respiratory-assist device, which already is being marketed in Canada and Europe, according to this article.

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MassDevice.com (Boston)

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