SafeShot Technologies Completes $6M Financing

SafeShot Technologies, Inc., a Menlo Park, California-based medical technology company, completed a $6m financing.

Founded by Dan Thayer and led by Dr. Robert W. Beart, MD, Director, SafeShot focuses on supplying sterile, single-dose, injectable medications in prefilled syringes.

The company, which had closed a $3m round in the fall of 2012, intends to use these funds to execute its business strategy and build a fully compliant, syringe filling capability, leveraging its technology and focusing on underserved points of care.

In addition, SafeShot has converted from a Limited Liability Corporation to a Delaware C-Corporation, has expanded its management team with Jeff Tillack (previously Vice President Operations at Calibra Medical) as Chief Operating Officer and John A. Merhige (with previous Vice President roles at Pluromed and Sanofi) as Chief Commercial Officer, and has joined the Reprise Technologies medical device incubator in Menlo Park, California.

FinSMEs

23/09/2013

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