Apollo Endosurgery Raises $47.6M in New Financing

Apollo Endosurgery, a developer of advanced therapeutic endoscopy devices, raised $47.6 million in a round of financing, according to a news release.

Advertisement

The financing will support the commercial launch of the second generation OverStitch/Endoscopic Suturing System and other Apollo Endosurgery surgical tools. New investors are Novo A/S, Remeditex Ventures and CPMG. Jack Nielsen of Novo A/S, John Creecy of Remeditex and Kent McGaughy of CPMG will join the Apollo Endosurgery board of directors.  

Related Articles on Gastroenterology:
Congressman Jim Gerlach to Visit PA’s Berks Center for Digestive Health
AGA Adds New Vice President, Board Members
Gastroenterologist on the Move: Dr. Obi Chukwuocha Joins Bariatric Solutions in Texas

Advertisement

Next Up in GI & Endoscopy

  • While gastroenterology has historically been a male-dominated specialty, a growing number of women are driving innovation across clinical care, research…

  • Gastroenterologists face rising clinical and operational obstacles as the GI diseases become more prevalent in the U.S. population and reimbursement…

Advertisement

Comments are closed.