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BioM Biotech Cluster Development GmbH Am Klopferspitz 19a 82152 Martinsried, Germany http://www.bio-m.org

Hepa Wash GmbH (München) schließt A-Serien-Finanzierungsrunde mit €3,8 Mio. erfolgreich ab

Hepa wash closes €3.8m series-a financing round

(PresseBox) (Martinsried/Munich/Germany, )
Erfreuliche Nachrichten aus dem Münchner Biotechnologie/Medizintechnik Cluster: Hepa Wash schafft auch in schwierigen Zeiten eine Finanzierungsrunde über fast 4 Mio. €.

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Hepa Wash GmbH (Hepa Wash) announced the successful closing of its Series-A financing round, raising €3.8m from a syndicate of new and existing private investors as well as the KfW.

Hepa Wash, a medical device company developing an innovative liver assist device, announced today the closure of its € 3.8m Series-A financing round. This financing will allow Hepa Wash to develop the first generation machine to start clinical studies in spring 2010.

Bernhard Kreymann, CEO of Hepa Wash comments: “We are very happy and proud that we were able to successfully close our Series-A financing round. Despite the very difficult economical situation we were able to attract a highly distinguished group of long-term committed private investors experienced in the medical device sector, as well as the KfW to invest in the company and its technology. The Hepa Wash® therapy has been very successfully tested in two Preclinical Studies. These results gave us convincing evidence to continue the development of the Hepa Wash procedure for studies in patients starting in spring 2010. Hopefully, in 2011 we will have a new proven treatment to reduce the very high death rate of liver patients on the intensive care unit.”

About Hepa Wash

Hepa Wash GmbH, a Munich-based medical device company, is dedicated to the development and commercialization of its innovative liver assist device to meet the urgent need for an alternative therapy for liver failure. The company was founded in 2004 and received initial funding from private investors as well as grants from the Bavarian Endowment for Research (Bayerische Forschungsstiftung) and the Bavarian State Office for Economics (Bayerisches Staatsministeriums für Wirtschaft, Infrastruktur, Verkehr und Technologie).

For more information, please contact
Katja Rosenkranz
+49.89.4111 842 0
katja.rosenkranz@hepawash.com
www.hepawash.com

Dr. Katja Rosenkranz
Chief Business Officer / CBO

Hepa Wash GmbH

Agnes-Pockels-Bogen 1 • 80992 Munich • Germany
Phone: +49 (89) 4111842-0 • Mobile: +49 (178) 1466396 • Fax: +49 (89) 4111 842-09
Email: Katja.Rosenkranz@hepawash.com • Web: www.hepawash.com
CEO: PD Dr. Bernhard Kreymann • Chairman of the supervisory board: Harald Pinger
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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.