Monteris Medical

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Monteris Medical raises $3.4M for brain surgery device

Monteris Medical Inc. has raised $3.4 million in equity for a device that enables minimally invasive laser surgery for brain tumors, according to a filing with the Securities and Exchange Commission. Monteris hopes to stretch the funding round to about $4.5 million, CEO Jim Duncan said. The 25-employee company has garnered $21 million in investment […]

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Monteris Medical wins early FDA approval AutoLITT System

The AutoLITT System from Monteris Medical uses an MRI to guide the laser, allowing doctors to watch and adjust as they heat glioblastoma multiforme (GBM) tumors, reduce them to a pasty state and then remove the tumor. Company officials say the device is ideal to manage these difficult-to-reach tumors and researchers think the approach could treat half of the 8,000 annual recurrent GBM tumors.