QT Vascular secures US$12m convertible bond funding
Group signs agreement with private equity fund, three individual investors
Singapore
QT Vascular, a developer of minimally invasive products for the treatment of vascular diseases, has entered into an agreement with private equity fund ICH Gemini Asia Growth Fund and three individual investors for a US$12 million convertible bond investment.
This funding will allow QT Vascular to focus more resources on further developing its drug-coated Chocolate angloplasty balloon platform, which lowers acute trauma and is used to treat patients' coronary arterie…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
TikTok suspends new app’s reward programme amid EU concerns
Hong Kong spot crypto ETFs to start trading next week
Cordlife substantial shareholder Nanjing Xinjiekou still mulling over offer to buy over remaining shares
Nvidia agrees to acquire Israeli AI software provider Run:ai
HSBC says growing Chinese wealth fuels client investments in US
Unilever's India quarterly profit disappoints