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BioWorld - Sunday, May 11, 2025
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Home » Kardium ups its game with $115M investment in atrial fibrillation ablation device
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Kardium ups its game with $115M investment in atrial fibrillation ablation device

Feb. 1, 2021
By David Godkin
TORONTO – Kardium Inc. has secured US$115 million in private money to accelerate commercial growth in Europe of a mapping and ablation system for atrial fibrillation (AF), and conduct a clinical study for FDA approval of the system. Led by Fidelity Management & Research Co. LLC, this funding tranche follows a US$40 million investment in Kardium in 2018 driven by T. Rowe Price Associates Inc., which also invested this time around.
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