Horizon Technology Accounts Corp has provided a $15 actor adventure accommodation ability to CSA Medical Inc. Based in Lexington, Massachusetts, CSA Medical is a ambassador of cryotherapy medical devices.
FARMINGTON, Conn. and LEXINGTON, Mass., Oct. 4, 2018 /PRNewswire/ — Horizon Technology Accounts Corporation (NASDAQ: HRZN) (“Horizon”), a arch specialty accounts aggregation that provides basic in the anatomy of anchored loans to adventure basic backed companies in the technology, action science, healthcare advice and services, and cleantech industries, appear today it bankrupt a $15 actor adventure accommodation ability to CSA Medical, Inc. (“CSA Medical”). Horizon adjourned an antecedent $6 actor of its charge beneath the facility.
CSA Medical is a developer of novel, apparent adequate cryotherapy medical accessories that use acutely algid aqueous nitrogen (-196° C) to ablate amiable and annihilative tissues central the aero-digestive tract. The company’s truFreeze Arrangement is currently actuality activated in over 100 arch hospitals and universities advancing analysis for patients afflicted by altitude such as Barrett’s esophagus, esophageal cancer, and airway obstructions. CSA Medical is backed by investors including SV Bloom Investors, Ascension Ventures, and Intersouth Partners.
“As a all-around provider of avant-garde aerosol cryotherapy medical accessory solutions, CSA Medical is a acceptable accession to our action science portfolio,” said Gerald A. Michaud, President of Horizon. “We are captivated to abutment CSA Medical and its charge to convalescent accommodating bloom and affection of life.”
“We acknowledge Horizon’s costs ability and are admiring to accomplice with their accomplished aggregation as we assignment against convalescent and extending the lives of patients with esophageal ache and COPD,” said Vincent P. Owens, Executive Chairman of CSA Medical. “This important advance basic will abutment the bartering barrage of Reo, our aing bearing aerosol cryotherapy catheter for Barrett’s esophagus, and acquiesce us to capitalize on the bazaar abeyant of our Rejuvenair system, a new appliance of CSA Medical’s aqueous nitrogen aerosol cryotherapy technology aimed at alleviative COPD.”
About Horizon Technology FinanceHorizon Technology Accounts Corporation is a arch specialty accounts aggregation that provides basic in the anatomy of anchored loans to adventure basic backed companies in the technology, action science, healthcare advice and services, and cleantech industries. The advance cold of Horizon is to aerate its advance portfolio’s acknowledgment by breeding accepted assets from the debt investments it makes and basic acknowledgment from the warrants it receives back authoritative such debt investments. Headquartered in Farmington, Connecticut, Horizon has bounded offices in Pleasanton, California, Reston, Virginia and Boston, Massachusetts. Horizon’s accepted banal trades on the NASDAQ All-around Select Bazaar beneath the ticker attribute “HRZN”. To apprentice more, amuse appointment www.horizontechfinance.com.
About CSA MedicalCSA Medical, Inc. develops and articles proprietary interventional aerosol cryotherapy technology platforms utilizing different backdrop of aqueous nitrogen aerosol delivered by a software apprenticed accessory with specialty catheters that accredit commitment of aerosol cryogen central the anatomy to beam benumb and abort exceptionable tissue acceptance for a aesthetic arrangement of healing. CSA articles and distributes this technology in the USA as the truFreeze® Arrangement which is currently acclimated to ablate amiable (e.g. Barrett’s Esophagus with aerial brand dysplasia) and cancerous lesions. CSA’s RejuvenAir® Arrangement is currently beneath analytic analysis and is not commercially available. To apprentice more, amuse appointment www.csamedical.com.
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