Advanced Bifurcation Systems Holds First Closing of $11M Series A Financing
Advanced Bifurcation Systems Holds First Closing of $11M Series A Financing Advanced Bifurcation Systems, Inc. (ABS), a Livermore, CA-based maker of the ABS System, a proprietary stent delivery system that is specifically designed to efficiently treat coronary bifurcation lesions, held the first closing of an $11m Series A equity financing. The round was led by Cedars-Sinai, an internationally renowned academic medical center, and by a leading medical device manufacturer. Proceeds from the financing will be used to conduct in-human testing in accordance with the FDA PMA process, and ena...