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   Highlights of the Israeli High-Tech, Private Equity & Venture Capital Industry           10/09/2010  


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D Medical raises NIS 4m
Published by: Globes
www.globes.co.il
Gali Weinreb
04/05/2008

The funds were apparently raised from institutional investors.

D Medical Industries Ltd. (TASE:DMDC) has raised NIS 4 million at NIS 0.98 per share. The money was apparently raised from institutional investors. After the announcement of the investment, the share fell from NIS 1.02 to NIS 0.88, giving a market cap of NIS 109 million.

D Medical is a medical devices holding company with two main subsidiaries. NiliMedix Ltd. Is developing an insulin pump, and Sindolor Ltd. Is developing a next-generation drug delivery system for regular subcutaneous injection using safety needles based on its proprietary Ezject technology.





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Articles & information compiled and edited by Marianna Shapira
The most complete volume of Israel’s high-tech & venture capital industry. The yearbook includes data on Israeli technology companies, VC investors and more.

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