MolecuLight garners $7.5M to expand fluorescence imaging device commercialization

Aug. 20, 2019
The financing will further support MolecuLight's commercial expansion for the growing global demand for its fluorescence imaging device.

MolecuLight (Toronto, ON, Canada), which has developed a handheld fluorescence imaging device for real-time visualization of bacteria for chronic wounds, has secured a $7.5 million term loan from Oxford Finance (Alexandria, VA). The financing will further support MolecuLight's commercial expansion for the growing global demand for its MolecuLight i:X device.

Related: Handheld fluorescence imager receives U.S. FDA De Novo clearance

The MolecuLight i:X fluorescence imaging device assists clinicians in visualizing clinically significant bacteria in chronic wounds in real time, digitally measuring the wounds and assisting in optimizing the treatment pathway at the point-of-care. In the U.S., the device is indicated as a handheld imaging tool that can view and digitally record images of a wound, and then view and digitally record images of fluorescence emitted from a wound when exposed to an excitation light.

For more information, please visit moleculight.com.

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