Relievant MedSystems has filed a notice of an exempt offering of securities to raise $49,999,997.00 in New Equity Investment.
According to filings with the U.S. Securities and Exchange Commission, Relievant MedSystems is raising $49,999,997.00 in new funding. Sources indicate that as part of senior management President and Chief Executive Officer, Tyler Binney played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Relievant MedSystems
Founded in 2006 with offices in Minneapolis, MN and Sunnyvale, CA, Relievant Medsystems is a privately held medical device company developing new solutions to improve the quality of life for millions of patients suffering from chronic vertebrogenic low back pain. Relievants Intracept System delivers targeted energy into the spine and blocks the transmission of pain signals from the basivertebral nerve. This minimally invasive procedure provides spine surgeons and interventional spine physicians with a new way to provide clinically proven, durable pain relief for chronic vertebrogenic low back pain.
To learn more about Relievant MedSystems, visit http://www.relievant.com/
Contact:
Tyler Binney, President and Chief Executive Officer
650-368-1000
SOURCE: http://www.intelligence360.io
Copyright (c) 2023 SI360 Inc. All rights reserved.