The University of Massachusetts-Lowell is opening its Massachusetts Medical Device Development Center, after completing a $4 million renovation of former factory space, according to a Mass Device report.
Five startups are leasing space at the center and two more have agreed to do so in the future.
Four companies — MoMelan, TheraTorr, MedicaMetrix and Aura Medsystems — raised more than $5 million for the center from investors.
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