410 Medical Secures $12 Million in Growth Financing to Accelerate Commercial Expansion
Hospital investors lead oversubscribed financing
The new funding will be used to scale 410 Medical's commercial operations and support the launch of LifeFlow's next-generation infuser.
"The heightened interest in this round reflects the confidence investors and customers have in 410 Medical's mission and products," said
Backing Continued Commercial Growth
410 Medical's LifeFlow products are used by more than 500 hospitals and EMS agencies across the country to help clinicians deliver fluid and blood quickly and effectively for patients experiencing sepsis, hemorrhagic shock, and other life-threatening conditions. Nearly 80,000 patients have been treated using LifeFlow. This financing enables the company to accelerate LifeFlow adoption and reach into new hospital systems and EMS agencies nationwide.
"Orlando Health Ventures is proud to lead this round and deepen our partnership with 410 Medical," said
Investing in the Next Generation of LifeFlow
Alongside its commercial expansion, 410 Medical is investing in the future expansion of LifeFlow technologies. The next-generation device, planned for launch in 2027, builds on feedback from nearly ten years of experience partnering with front-line medical providers working tirelessly to provide effective resuscitation for critically ill patients. Speed, portability and ease of use are essential in these moments. The new LifeFlow technology will address these and other unmet needs.
About 410 Medical, Inc.
Founded in 2013, 410 Medical is a North Carolina-based medical device company focused on advanced resuscitation technologies to improve the care of critically ill patients. Our lead product LifeFlow® received FDA clearance in 2016 and is used to enhance the administration of fluid and blood products for patients with sepsis, hemorrhagic shock, and other life-threatening conditions. 410 Medical is committed to providing innovative technologies, education, and support for emergency and critical care providers to deliver effective resuscitation when minutes matter.
For more information visit www.410medical.com
Media Contact:
Carla Hoffman
[email protected]
View original content:https://www.prnewswire.com/news-releases/410-medical-secures-12-million-in-growth-financing-to-accelerate-commercial-expansion-302825040.html
SOURCE 410 Medical, Inc.
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