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Thursday, Mar 28, 2024
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Device Maker Gets $38M in New Round

San Clemente-based ReShape Medical Inc. received a $38 million round of financing.

The company, which makes a medical device used by people who don’t want or do not qualify for traditional weight-loss surgery, plans to use the funds to support the commercialization of its newly approved ReShape Integrated Dual Balloon.

New York-based HealthCor Partners Management LP led the round. Other investors include Geneva-based Endeavour Vision SA and existing investors, such as Boston-based SV Life Sciences.

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