San Francisco California based Applaud Medical is raising $16,000,000.00 in New Equity Investment.
San Francisco, CA – According to filings with the U.S. Securities and Exchange Commission, Applaud Medical is raising $16,000,000.00 in new funding. Sources indicate as part of senior management Chief Financial Officer, Ben Zadik 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 Applaud Medical
Applaud Medical is enhancing the standard of care of patients with urinary stone disease. The goal is to improve treatment methods, patient experiences and medical costs for all patients experiencing the effects of kidney stones in the US and around the world. Our Acoustic Enhancer is designed to accelerate and amplify the fragmentation process, providing faster procedures and better patient outcomes. Sound waves created by laser pulses cause the Acoustic Enhancer microbubbles to collapse, which helps break the kidney stones into tiny fragments.
To learn more about Applaud Medical, visit http://applaudmedical.com/
Contact:
Ben Zadik, Chief Financial Officer
415-859-1959
ben.zadik@applaudmedical.com
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