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Israeli angiography co CathWorks raises $30m
The company s FFRangio system, which is a non-invasive diagnostic technology that is used during routine angiography.
Israeli non-invasive diagnostics company CathWorks has announced the completion of a $30 million Series D financing round from new and existing investors.
The Kfar Saba company said that the funds will be used to expand commercialization of the company s FFRangio system, which is a non-invasive diagnostic technology that is used during routine angiography.
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CathWorks was founded in 2013 by Guy Lavi, who served as its CEO until 2018 and is now president of the company, together with Dr. Ifat Lavi, who is CTO, and Prof. Ran Kornowski, head of cardiology at Rabin Medical Center. The company s CEO is Jim Corbett, who previously served in senior positions at Boston Scientific, ev3, Baxter, and Alphatec Spine. The company also raised $30 million in its previous financing round in February 2019.