Hancock Jaffe Sells $41.4M In Stock To Fund Venous Therapies

The new public offering will fund the US pivotal trial of the company’s VenoValve device to treat chronic deep venous insufficiency in the legs.

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Hancock Jaffe Laboratories will fund a pivotal trial of its VenoValve device to treat lower limb chronic deep venous insufficiency with $41.4m raised in a new public stock offering completed on 11 February.

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