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Tangent secures $8.6M to bring IV catheter to market
Tangent Medical Technologies, a spinoff of the University of Michigan's Medical Innovation Center, obtained $8.6 million from nine backers in a round of equity financing. The money is expected to be used to market the company's NovaCath system, an FDA-cleared intravenous catheter designed to promote patient comfort, avoid blood spatters and protect patients from pathogen exposure.
MedCity News (11/29)

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