Motus GI completes $30M private placement: 3 key notes

New Hope, Pa.-based Motus GI Holdings closed a $30 million private placement.

Here's what you should know.

1. New York City-based Perceptive Advisors were the lead investors in the deal.

2. Motus said the funding will support the U.S. launch of Motus Pure-Vu system. The Pure-Vu system cleans poorly-prepared colons during colonoscopy.

3. Motus received FDA 510(k) clearance for the Pure-Vu in September 2016.

More articles on gastroenterology/endoscopy:
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Study: Physicians & NPs, PAs provide equal quality of care
Gainesville Endoscopy Center's new location to open its doors: 4 notes

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