CardioMEMS raises $22.

CardioMEMS raises $22 .1M to fund medical trial of its heart failure pressure measurement system CardioMEMS, Inc., a medical technology company which has developed and is usually commercializing proprietary wireless sensing and conversation technology for the body, today announced the completion of a $22.1M financing. The financing supplies the company with additional capital to fund the company’s CHAMPION clinical trial. In September 2007 Initiated, the CHAMPION trial is evaluating the safety and effectiveness of CardioMEMS’ heart failure pressure measurement program in patients with center failure. The CardioMEMS wireless HF sensor can be an innovative miniature device which is implanted into the patient’s pulmonary artery using a simple, catheter-based treatment.

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