Foley Hoag Advises Abiomed as Lead Investor in $15M Series B Financing of Magenta Medical
October 12, 2017
Foley Hoag LLP recently represented Abiomed, Inc. (Nasdaq: ABMD) in its investment in medical device company Magenta Medical. Based in Danvers, MA, Abiomed is a leading provider of medical devices that provide circulatory support. Abiomed led the $15 million Series B financing round, with participation from Pitango Venture Capital, JAFCO Co., Ltd., and a group of industry and cardiovascular experts.
With headquarters in Tel-Aviv, Israel, Magenta develops devices for the treatment of acute heart failure. Magenta will use the funds to position itself as a groundbreaker in the management and treatment of acute heart failure, and to expand and accelerate clinical trials in Europe and the United States.
Foley Hoag partner Mark Haddad represented Abiomed in the transaction.
We use cookies to enhance user experience, improve functionality and performance, and for analysis of website traffic. By clicking “accept”, you agree to the use of cookies. For more information about our cookie policy and the information we collect, please review our Privacy Statement.
Foley Hoag
Email Disclaimer
Transmitting information to us by e-mail unilaterally does not establish an attorney-client relationship or impose an obligation on either the law firm or even the receiving lawyer to keep the transmitted information confidential. By clicking "OK," you acknowledge that we have no obligation to maintain the confidentiality of any information you submit to us unless we already represent you or unless we have agreed to receive limited confidential material/information from you as a prospective client. Thus, if you are not a client or someone we have agreed to consider as a prospective client, information you submit to us by e-mail may be disclosed to others or used against you.
If you would like to discuss becoming a client, please contact one of our attorneys to arrange for a meeting or telephone conference. If you wish to disclose confidential information to a lawyer in the firm before an attorney-client relationship is established, the protections that the law firm will provide to such information from a prospective client should be discussed before such information is submitted. Thank you for your interest in Foley Hoag.
