NeoChord Bags $12.6 Million for Mitral Valve Repair Tool That Works Without Stopping the Heart

heart artTraditionally, the way to fix leaky mitral valves is to open the chest, and stop the heart from beating – a wildly invasive procedure, to be sure.

Minnesota device maker NeoChord just raised a nice chunk of equity for a surgical device that can be used to repair mitral valve regurgitation – while the heart is still beating.

It just raised $12.6 million in debt, with aims to raise $20 million, according to a regulatory filing.

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