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Vertos Medical obtains $28M in funding round

A round of financing led by MVM Life Science Partners has brought in $28 million for Aliso Viejo, Calif.-based Vertos Medical, a medtech company that makes minimally invasive treatments for lumbar spinal stenosis. The proceeds will be used to support the expansion of commercialization efforts for the company's proprietary mild procedure, as well as for increasing patient access to the treatment through physician training and education.

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