May 16, 2006

Mercator MedSystems Raises $2.25 Million in Venture Capital

In a May 15, 2006, press release, San Leandro-based Mercator MedSystems announced that it had raised $2.25 million from Palo Alto Investors and Crocker Capital.

Mercator MedSystems is named after Gerardus Mercator, a 16th-century cartographer and mathematician. Accoridng to its website, "Mercator MedSystems has developed a medical technology that enables the safe and accurate delivery of therapies anywhere in the body, ranging from drugs for diseased blood vessels, to stem cells that regenerate ailing tissues and organs."

Mercator MedSystems is located at 3077 Teagarden Street in San Leandro, California.

Posted by Mike Katz-Lacabe at May 16, 2006 4:46 PM | TrackBack
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