SPR Therapeutics® Secures $25 Million in Series C FinancingFunding will support commercialization of SPRINT® PNS System, a non-opioid neurostimulation pain-relief therapy for chronic and acute pain
Story excerpt provided by Markets Insider.
CLEVELAND, Sept. 12, 2017 (GLOBE NEWSWIRE) — SPR Therapeutics, Inc., (SPR) a private medical device company that has developed a novel neurostimulation technology for chronic and acute pain, announced today the completion of $25 million in Series C Financing. The investment will be used to commercialize its FDA-cleared SPRINT® Peripheral Nerve Stimulation (PNS) System and to fund additional research across multiple indications including post-surgical acute pain and chronic low back pain. A prominent family office and Frontcourt Ventures led the round.
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Originally published September 12, 2017.
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