FOR IMMEDIATE RELEASE
Thornhill Medical Completes ‘Series A’ Financing Round Led by Shanghai based Yonghua Investment Management Co., Ltd.
Toronto, Canada – July 18, 2018
Thornhill Medical (Thornhill), a Canadian based medical device developer announced that it has completed its ‘Series A’ offering being fully subscribed by Yonghua Investment Management Co., Ltd. (“Yonghua Capital”) of Shanghai, PRC. Thornhill Medical will use the funding to support working capital for its market released line of emergency mobile products, expand its global sales and marketing presence and continue clinical research in the fields of non-invasive cardiac and brain stress testing.
“The financial investment focus of the Yonghua Capital compliments Thornhill’s approach to clinical research, product development and...Read More