Motus GI completes $30M private placement: 3 key notes

New Hope, Pa.-based Motus GI Holdings closed a $30 million private placement.

Here's what you should know.

1. New York City-based Perceptive Advisors were the lead investors in the deal.

2. Motus said the funding will support the U.S. launch of Motus Pure-Vu system. The Pure-Vu system cleans poorly-prepared colons during colonoscopy.

3. Motus received FDA 510(k) clearance for the Pure-Vu in September 2016.

More articles on gastroenterology/endoscopy:
Comparing primary care to concierge core: Which is more costly?
Study: Physicians & NPs, PAs provide equal quality of care
Gainesville Endoscopy Center's new location to open its doors: 4 notes

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Articles We Think You'll Like

 

Featured Whitepapers

Featured Webinars