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Funding round pulls in nearly $40M for Saluda Medical

A round of financing involving Medtronic, GlaxoSmithKline's Action Potential Venture Capital and other investors has brought in almost $40 million for Saluda Medical. The proceeds will be used for a US pivotal trial of the company's Evoke closed-loop spinal cord stimulation device, as well as for commercialization in the EU and Australia.

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