Veran Medical

Veran Medical

Veran Medical Technologies Inc. is a medical device company and leader in image-guided endobronchial and percutaneous technology for diagnosis of lung cancer and therapy delivery.

News

Veran Medical Launches New Lung Navigation Software to Enable Faster Diagnosis and Earlier Treatment of Lung Cancer

New navigation software debut at ATS 2017 in Washington, D.C. May 21-23, 2017 (Booth #657).

Veran Medical secures $31 million to accelerate commercialization and innovation of SPiN Thoracic Navigation System™ Technology Platform

Veran Medical Technologies today announced the closing of a $31 million debt and equity financing. The debt financing is provided by Oxford Finance LLC (“Oxford”), a specialty finance firm that provides senior debt to life sciences and healthcare services companies, and the equity financing was completed by existing investors Versant Ventures and River Cities Capital Funds.

Published study from Johns Hopkins finds that same day procedural CT scans for Lung Cancer may reduce unnecessary procedures and patient risk

Retrospective analysis of 116 patients scheduled for navigated bronchoscopy utilizing Veran Medical’s SPiN System™ finds 15 screens needed to prevent one unnecessary procedure.

Hurley Lung Center offers multi-level care in one facility

The Hurley Lung Center is now open. Located inside the hospital, the center offers a unique perk for patients: a lung navigator.

Veran Medical Launches New Lung Navigation Software, Hardware and Lung Access Tools Designed to Enable Faster Diagnosis and Earlier Treatment of Lung Cancer

Products debut at CHEST 2016 in Los Angeles, October 24th, 2016.

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Status

Active

Fund

River Cities Fund V

Year Invested

2015

City and State

St. Louis, MO

Portfolio Manager

David Kereiakes