CALCIVIS Raises £3.15 Million to Fund PMA Approval of the CALCIVIS® Imaging System Ahead of a Planned US Launch in 2019
CALCIVIS, a medical devices company focused on revolutionising the management of tooth decay and enabling preventive dentistry, announces it has closed a £3.15 million equity funding round from existing investors Archangel Investors, Julz and the Scottish Investment Bank.
The proceeds will be used to support the completion of the FDA’s Pre-Market Approval (PMA) review process for the CALCIVIS® Imaging System in the United States (US), the world’s largest dentistry market. The filing of the PMA application to the FDA was made in October 2017. The Company plans the launch of the CALCIVIS imaging system in the US in 2019, subject to the PMA being approved. (more…)