ISRAEL 
HIGH-TECH & INVESTMENT REPORT

from the February 2005 issue


Remon Medical Raises $26m.


Israeli company Remon Medical Technologies, Inc., a privately owned medical systems company, has announced that it has completed raising a total of $26 million. Remon Medical's technology is integrated into minute implants, requiring no antenna, wires, or connecting leads -- allowing a tiny device leads implanted deep inside the body to communicate by means of radio waves with other implanted devices and external systems. The company's intra-body communication, a novel proprietary technology enables communication between its implantable sensing or actuating platforms and other active implantable devices in a totally wireless fashion. Remon Medical continues its clinical trial of the Remon Impressure, a device that offers on-demand, non-invasive means to monitor intra-aneurysm pressures following endo-vascular graft procedures. The device was implanted and is being used successfully in 21 patients in the Mount Sinai Hospital (New York).

Remon Medical also develops the Remon HeartLook, a device for measurement of pulmonary artery pressure the most important hemodynamic indicator in heart failure. A one-time, minimally invasive catheter-based procedure will provide unlimited, non-invasive home-based monitoring of the CHF patient's hemodynamic status.


Reprinted from the Israel High-Tech & Investment Report February 2005

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