ADVISORY/ONUX Medical Announces Second Round of Financing.Business Editors, Health/Medical Editors ADVISORY...for Monday NOTE TO EDITORS: MULTIMEDIA ASSETS AVAILABLE WITH THIS STORY INCLUDE Video of ONUX's Touche Needle-less Suturing su·ture n. 1. a. The process of joining two surfaces or edges together along a line by or as if by sewing. b. The material, such as thread, gut, or wire, that is used in this procedure. c. System, Corporate Logo --(BUSINESS WIRE) ONUX Medical, Inc., an innovative developer of medical and surgical device technology, recently closed a Series B round of financing. This additional $5 million in private equity financing Equity Financing The act of raising money for company activities by selling common or preferred stock to individual or institutional investors. In return for the money paid, shareholders receive ownership interests in the corporation. was raised from the company's initial investors, Domain Associates of Princeton, NJ and Delphi Ventures of Menlo Park Menlo Park. 1 Residential city (1990 pop. 28,040), San Mateo co., W Calif.; inc. 1874. Electronic equipment and aerospace products are manufactured in the city. Menlo College and a Stanford Univ. research institute are there. 2 Uninc. , CA. The company also announced creation of a new cardiovascular cardiovascular /car·dio·vas·cu·lar/ (-vas´ku-ler) pertaining to the heart and blood vessels. car·di·o·vas·cu·lar adj. Abbr. division. You can reach the story directly by going to http://www.newstream.com/cgi-bin/display_story.cgi?1119. This multimedia news story is for free and unrestricted use on your news or information site (and for print or broadcast too). Visit http://www.newstream.com to download To receive a file transmitted over a network. In any communications session, "download" means receive, and "upload" means send. The download/upload often implies a big/little scenario, in which data is being downloaded from the "big" server into the "little" user's computer. video, audio, text, graphics, and photos. If you have any questions about the story, or about Newstream.com, please write to us at info@newstream.com. |
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