www.fdanews.com/articles/85235-innercool-sold-to-cardium-for-just-6-million
INNERCOOL SOLD TO CARDIUM FOR JUST $6 MILLION
March 13, 2006
Some venture capital investors
in InnerCool Therapies may be feeling a chill. The San Diego medical device firm,
which had raised about $50 million from investors since it was formed in 1998
to develop a system to induce hypothermia, was acquired this week for a sparse
$6 million.
Sign
on San Diego