RHHBF - Week In Review: Ally Bridge Leads $140 Million Of Investments In 3 Medical Device Companies
Deals and Financings
Ally Bridge Group, a Hong Kong-New York life science investment firm, announced it has led $140 million of investments in three new medical device companies, bringing its 18-month total to more than $500 million in private life science companies. ABG's latest investments are: Imperative Care (Campbell, CA) - $85 million; Venclose Medical (Santa Clara, CA) - $27 million; and Mavrik Dental Systems (Tel Aviv, Israel) - $28 million. ABG believes that each of the companies has devised a new medical instrument that will improve care in its field.
KeChow Pharma, a novel