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Esophageal ablation startup C2 Therapeutics raises $11.6M

Bay Area cryballoon ablation startup C2 Therapeutics just raised $11.6 million, according to a regulatory filing. The company’s Coldplay Focal Cryoballoon Ablation System is meant to treat Barrett’s Esophagus – a fairly asymptomatic condition in which the tissue lining the esophagus gets replaced by a different kind of tissue – the sort that is found in […]

Aldea raises $24M for drug that targets severe drunkenness

This one’s a hair better than, ah, the hair of the dog: Aldea Pharmaceuticals’ drug for acute alcohol intoxication is advancing into clinical trials, thanks to a sizable new round of funding. The new drug’s meant to be intravenously administered to emergency room patients with alcohol poisoning. The company just closed out a $24 million Series […]

Proteus Digital Health raises $120M to advance digital medicine, adds HP CFO

Proteus Digital Health, with an FDA-approved technology embedded in medication that can confirm whether people have taken their meds, has raised $120 million from new investors. The Internet of Things company offers a compelling approach to whittling down costs related to poor compliance estimated at nearly $300 billion. Proteus Digital Health will use the fresh […]