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Catheter, breast cancer imaging companies receive fresh capital

5:04 pm by | 0 Comments

A pair of Pennsylvania medical companies – one focused on cardiac catheterization and the other improving breast cancer imaging – have received fresh funding from the state’s economic development and investment arm.

Essential Medical received $250,000 from Ben Franklin Technology Partners of Southeastern Pennsylvania and Real Time Tomography secured a $150,000. Each company has previous investments from the “Bens.”

Essential Medical is developing products that help seal the openings made by cardiac catheterizations in leg arteries. The company had received $250,000 in funding from Ben Franklin Technology Partners.

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Real Time Tomography specializes in image processing and image reconstruction for 2-D and 3-D medical imaging systems for more accurate breast cancer detection. The company has raised additional capital this year to continue developing its Adara Net Appliance, which hopes to improve the way of mammography images that are processed and transmitted.

Real Time has received another $400,000 from Ben Franklin Technology Partners since 2008.

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Stephanie Baum

By Stephanie Baum

Stephanie Baum is the East Coast Innovation Reporter for MedCityNews.com. She enjoys covering healthcare startups across health IT, drug development and medical devices and innovations deployed to improve medical care. She graduated from Franklin & Marshall College in Pennsylvania and has worked across radio, print and video. She's written for The Christian Science Monitor, Dow Jones & Co. and United Business Media.
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