Raising funds to obtain regulatory approval (i.e. CE mark) for a better and safer inferior vena cava (IVC) filter as required by several potential acquirers.
Saturn Medical has developed a new inferior vena cava (IVC) filter that solves the problems associated with current filters. Several large medical device companies have shown interest in becoming partners or acquiring the technology provided that Saturn obtains first regulatory approval (e.g. CE mark). The company seeks funding to achieve this objective.