Financings In Brief

Guidant/Vesalius Ventures: Telemedicine and clinical informatics "seed-stage" venture capital funding opportunities will be the primary focus of Vesalius Ventures - formed by Guidant in partnership with Vanguard Ventures and Fremont Ventures, Guidant says. The convergence of medical and information technologies "offers opportunities to more effectively diagnose and treat patients with chronic diseases," Guidant Chief Information Officer William McConnell explains in a release. Separately, Guidant invests $10 mil. in privately held Cardica, Inc., developer of automated anastomosis technology for off-pump and on-pump coronary bypass surgery...