"We worked closely with GE Healthcare Financial Services to set up a financing solution that meets our corporate needs for these next stages of our global commercial expansion,” said John Ziolkowski, chief financial officer of VisEn Medical. “GE has been excellent to work with in this process, and this transaction is truly a win-win.”
“GE is very pleased to have VisEn as a customer and a partner,” said Anthony Storino, senior managing director for GE Healthcare Financial Services' life science finance group. “This growth capital financing is a good example of how we are helping top emerging companies deliver the next generation of medical technologies to the global market.”
For almost two decades, the life science finance team of GE Healthcare Financial Services has worked with more than 500 companies throughout the United States, Canada and Europe. With a dedicated focus on assisting life science companies large and small, from the first venture round to post-IPO, the team has provided more than $2.5 billion in financing to the market.
About VisEn Medical
VisEn Medical Inc. develops and commercializes the industry’s highest performing fluorescence in vivo imaging technology platforms, from research through medicine. Founded in 2000 and based on fluorescence in vivo imaging technologies developed by industry-leading researchers and clinicians at the Massachusetts General Hospital and Harvard Medical School, VisEn’s FMT Fluorescence Tomography imaging system and suite of reagents are used to quantify biological mechanisms of disease and therapeutic response in vivo. These systems are used by leading research institutions and pharmaceutical companies in applications including oncology, inflammatory, cardiovascular, skeletal and pulmonary disease. The company also works with large pharmaceutical partners to design ranges of tailored molecular imaging agents and applications that are targeted to their specific pre-clinical and clinical research areas. For further information please visit www.visenmedical.com.
About GE Healthcare Financial Services
GE Healthcare Financial Services is a provider of capital, financial solutions and related services for the global healthcare market. With over $22 billion of capital committed to the healthcare industry, GE Healthcare Financial Services offers a full range of capabilities from equipment financing and real estate financing to working capital lending, vendor programs, and practice acquisition financing. With its knowledge of all aspects of healthcare from hospitals and long-term care facilities to physicians’ practices and life sciences, GE Healthcare Financial Services works with customers to create tailored financial solutions that help them improve their productivity and profitability. For more information, visit www.gehealthcarefinance.com.
Contact:
Deia Campanelli Communications Director GE Healthcare Financial Services T: 312.441.6169 F: 866.642.4033 C: 773.297.0482 E: deia.campanelli@ge.com
Source: GE Healthcare Financial Services