Smart Medical Systems raises $8M for G-Eye system — 4 insights

Smart Medical Systems closed an $8 million series B financing round, which will primarily be used to commercialize its G-Eye system.

Here's what you should know:

1. Signet Healthcare Partners led the funding round.

2. The G-Eye system enhances polyp detection through the use of an add-on balloon device that attaches to endoscopes to improve colon visualization.

3. Smart Medical plans on using the funding to expand commercial activity.

4. Smart Medical will attempt to obtain FDA clearance for the device.

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

 

Featured Webinars

Featured Whitepapers

Featured Podcast