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Sequana Medical secures up to EUR 64 million, funding its FDA-approved alfapump® launch in the US.
Sequana Medical, a company developing treatments for fluid overload in various diseases, has secured EUR 4.0 million in financing from its major shareholders and a potential EUR 60 million from GEM Global Yield LLC SCS.
This funding will extend the company's financial runway to the end of 2025, aligning with the planned US launch of its alfapump® device, which received FDA approval in December 2024.
The alfapump® aims to improve patient quality of life by nearly eliminating the need for therapeutic paracentesis.
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Sequana Medical asegura hasta 64 millones de euros, financiando su lanzamiento alfapump® aprobado por la FDA en los Estados Unidos.