News: Portfolio 2005

PRESS RELEASE

March 8, 2005

 

Contact:

Sue Bentley

Marketing Director Renal Solutions, Inc.

(724) 772-6900 ext. 109

 

Renal Solutions™, Inc. Completes $16.5 Million Series B Financing and Will Present at the SG Cowen Health Care Conference

WARRENDALE, PA - March 8, 2005; – – Renal Solutions, Inc., the exclusive provider of advanced sorbent hemodialysis products and services, announced today that it closed a $16.5 million Series B financing round. The round was led by new investors Triathlon Medical Ventures and PA Early Stage Partners, who were joined by several current investors including Birchmere Ventures, Blue Chip Venture Company, and Draper Triangle Ventures.