{"id":928,"date":"2016-05-13T08:06:27","date_gmt":"2016-05-13T08:06:27","guid":{"rendered":"http:\/\/impulse-dynamics-multisite.flywheelsites.com\/ous\/?p=928"},"modified":"2024-01-17T04:29:17","modified_gmt":"2024-01-17T09:29:17","slug":"impulse-dynamics-completes-30-million-financing-round","status":"publish","type":"post","link":"https:\/\/impulse-dynamics.com\/global\/impulse-dynamics-completes-30-million-financing-round\/","title":{"rendered":"Impulse Dynamics Completes $30 Million Financing Round"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;4.0.6&#8243; custom_padding=&#8221;||2px|||&#8221;][et_pb_row column_structure=&#8221;1_3,1_3,1_3&#8243; use_custom_gutter=&#8221;on&#8221; gutter_width=&#8221;1&#8243; _builder_version=&#8221;4.0.4&#8243; background_color=&#8221;#00a1e4&#8243; width=&#8221;100%&#8221; max_width=&#8221;1920px&#8221; min_height=&#8221;462px&#8221; custom_margin=&#8221;-56px|auto||auto|false|false&#8221; custom_padding=&#8221;||0px|||&#8221;][et_pb_column type=&#8221;1_3&#8243; _builder_version=&#8221;4.0.4&#8243;][\/et_pb_column][et_pb_column type=&#8221;1_3&#8243; _builder_version=&#8221;4.0.6&#8243;][et_pb_text _builder_version=&#8221;4.0.6&#8243; header_2_font=&#8221;|300|||||||&#8221; header_2_text_color=&#8221;#ffffff&#8221; header_2_font_size=&#8221;80px&#8221; header_2_letter_spacing=&#8221;5px&#8221; custom_margin=&#8221;78px||||false|false&#8221;]<\/p>\n<h2 style=\"text-align: center;\">NEWS<\/h2>\n<p>[\/et_pb_text][et_pb_divider color=&#8221;#005496&#8243; _builder_version=&#8221;4.0.4&#8243; width=&#8221;53%&#8221; module_alignment=&#8221;center&#8221; custom_margin=&#8221;36px||||false|false&#8221;][\/et_pb_divider][et_pb_text _builder_version=&#8221;4.0.6&#8243; header_font=&#8221;|||on|||||&#8221; header_4_font=&#8221;|||on|||||&#8221; header_4_text_color=&#8221;#FFFFFF&#8221; header_4_font_size=&#8221;30px&#8221; hover_enabled=&#8221;0&#8243;]<\/p>\n<h4 style=\"text-align: center;\">Impulse Dynamics Completes $30 Million Financing Round<\/h4>\n<p>[\/et_pb_text][et_pb_divider color=&#8221;#005496&#8243; _builder_version=&#8221;4.0.4&#8243; width=&#8221;53%&#8221; module_alignment=&#8221;center&#8221; custom_margin=&#8221;16px||||false|false&#8221;][\/et_pb_divider][\/et_pb_column][et_pb_column type=&#8221;1_3&#8243; _builder_version=&#8221;4.0.4&#8243;][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;4.0.6&#8243; custom_padding=&#8221;0px|||||&#8221;][et_pb_row _builder_version=&#8221;4.0.6&#8243; custom_padding=&#8221;||0px|||&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.0.6&#8243;][et_pb_text _builder_version=&#8221;4.0.6&#8243; header_2_text_color=&#8221;#005496&#8243; custom_margin=&#8221;||7px|||&#8221; custom_padding=&#8221;||0px|||&#8221; hover_enabled=&#8221;0&#8243;]<\/p>\n<p>Mt. Laurel, New Jersey, May 13 2016 \u2013\u00a0Impulse Dynamics, developer of the Optimizer\u2122 IVs implantable device for treatment of chronic heart failure (CHF), announced today that the company has closed a $30 million financing round.<\/p>\n<p>The equity financing round was led by the investment fund of Dr. Peter Lee Ka Kit, Vice Chairman of Henderson Land Development Company Limited, a leading Hong Kong-based property developer.\u00a0 \u201cThere is a significant need for a device-based technology that can offer symptom relief to heart failure patients who no longer respond to optimal medical therapy,\u201d said Dr. Peter Lee Ka Kit, who has also made numerous charitable donations supporting initiatives to help heart disease patients in China.\u00a0 \u201cThe Optimizer device is a unique technology that addresses this unmet need.\u00a0 We look forward to supporting Impulse in its commercial and clinical efforts globally and specifically in the Chinese market.\u201d<\/p>\n<p>The Optimizer device is based on Impulse Dynamics\u2019 novel Cardiac Contractility Modulation (CCM) technology and delivers non-excitatory electric pulses to the heart muscle, initiating multiple biochemical and neurohormonal changes to the myocardium.\u00a0 As a result, the contractility of the myocardium increases with no concomitant increase in oxygen consumption, enabling the heart to work more efficiently.\u00a0 It has already been successfully launched in Europe and is available in cardiology centers in a number of countries.\u00a0 CCM therapy has been implanted in over 3,000 patients to date and is the only device therapy available for patients with narrow QRS complex.<\/p>\n<p>\u201cWe are excited to welcome Dr. Peter Lee Ka Kit as an investor in Impulse Dynamics.\u00a0 It is a reaffirmation of the value of CCM therapy for patients and healthcare systems globally,\u201d said Dr. Simos Kedikoglou, Chief Executive Officer of Impulse Dynamics.\u00a0 \u201cCCM is a well-established technology that meets a major need.\u00a0 Our lead investor in this round will play a crucial role in making CCM technology more widely available to heart failure patients especially in China.\u201d<\/p>\n<p>Proceeds from the financing will support Impulse Dynamics\u2019 continued global commercial expansion, as well as clinical and product development.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=&#8221;1_3,1_3,1_3&#8243; _builder_version=&#8221;4.0.6&#8243; background_color=&#8221;#005496&#8243; custom_padding=&#8221;37px|36px|37px|36px|true|true&#8221;][et_pb_column type=&#8221;1_3&#8243; _builder_version=&#8221;4.0.6&#8243;][et_pb_text _builder_version=&#8221;4.0.6&#8243; background_layout=&#8221;dark&#8221;]<\/p>\n<p><strong>About the Optimizer and CCM Therapy<br \/> <\/strong>CCM is the brand name for Cardiac Contractility Modulation, the non-excitatory electrical pulses delivered by the implantable Optimizer device during the absolute refractory period of the heart\u2019s cardiac cycle to improve systolic contraction of the heart. The Optimizer System has been implanted in over 4,000 patients and is currently available in the US, Europe, China, Brazil, India, and more than 40 other countries around the world. Impulse Dynamics has completed numerous clinical studies, including several randomized controlled trials, and the results have been published in over 80 articles appearing in leading medical journals.<\/p>\n<p>&nbsp;<\/p>\n<p>[\/et_pb_text][\/et_pb_column][et_pb_column type=&#8221;1_3&#8243; _builder_version=&#8221;4.0.6&#8243;][et_pb_text _builder_version=&#8221;4.0.6&#8243; background_layout=&#8221;dark&#8221;]<\/p>\n<p><strong>About Impulse Dynamics<br \/> <\/strong>Impulse Dynamics is a medical device company dedicated to transforming the treatment of chronic heart failure. With global headquarters in Mount Laurel, N.J., the company has additional offices in; Stuttgart, Germany, Orangeburg, N.Y. and Curacao For more information please visit<span>\u00a0<\/span><a href=\"https:\/\/impulse-dynamics.com\/ous\/\">www.impulse-dynamics.com<\/a>.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][et_pb_column type=&#8221;1_3&#8243; _builder_version=&#8221;4.0.6&#8243;][et_pb_text _builder_version=&#8221;4.0.6&#8243; background_layout=&#8221;dark&#8221;]<\/p>\n<p><strong>Impulse Dynamics (USA), Inc.<\/strong><br \/> 523 Fellowship Road, Suite 203<br \/> Mt. 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Laurel, New Jersey, May 13 2016 \u2013\u00a0Impulse Dynamics, developer of the Optimizer\u2122 IVs implantable device for treatment of chronic heart failure (CHF), [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[9],"tags":[],"class_list":["post-928","post","type-post","status-publish","format-standard","hentry","category-press-releases"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Impulse Dynamics Completes $30 Million Financing Round - Global - Impulse Dynamics<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/impulse-dynamics.com\/global\/impulse-dynamics-completes-30-million-financing-round\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Impulse Dynamics Completes $30 Million Financing Round - Global - Impulse Dynamics\" \/>\n<meta property=\"og:description\" content=\"NEWSImpulse Dynamics Completes $30 Million Financing Round Mt. 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