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Marlborough insulin delivery company CeQur announced Tuesday it had raised $115 million in equity financing.
The company said it will use the funds to advance commercial plans towards a limited market release this year of its CeQur Simplicity wearable insulin device. The three-day device delivers daily injections and can help patients follow their insulin regimens, according to the company. It is both cleared by the U.S. Food and Drug Adminstration and CE-marked by European regulators.
Swiss bank division Credit Suisse Entrepreneur Capital Ltd. and Swiss private equity firm Endeavour Vision led the financing.
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Worcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
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