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Innovative IV Catheter Receives FDA Clearance and Secures Funding from Washington Area Venture Capital Firm
Corporate News Releases - The Healthcare Sales & Marketing Network, 12/03/08

The Zitelman Group announced it has led a $600,000 Series B Preferred equity round for Israel-based medical device firm, Flexicath, Ltd. Flexicath received a 510(k) clearance from FDA in October, allowing it to place its FirmGrip sterile catheter intravenous (IV) system in the U.S market. The funding will be used to ramp-up U.S. and international sales and marketing for the FirmGrip catheter.

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