Prana Thoracic Announces Series A Financing

Prana Thoracic has announced the closing of a $3 million founding Series A financing led by New World Angels. New World Angels was joined by Johnson & Johnson Innovation – JJDC, Inc., Texas Medical Center Venture Fund, and the University City Science Center’s Phase 1 Ventures. The Series A funds and a previously announced $3M award from the Cancer Prevention & Research Institute of Texas will be used for product development and to support the Company’s first-in-human clinical studies.

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Read the full press release here.