Home > News > Home Dialysis Plus raises $50 million
June 16th, 2010
Home Dialysis Plus raises $50 million
Abstract:
Private equity giant Warburg Pincus has agreed to invest up to $50 million in Home Dialysis Plus Ltd.
Sen. Ron Wyden, D-Ore., who's steered $45 million in federal money to the Oregon Nanoscience and Microtechnologies Institute, called the investment a "major victory for the future of nanotechnology and for the Oregon economy."
"This commitment by Warburg Pincus in the technology developed by HD+ is a tremendous advance for kidney dialysis patients and for the cause of lowering the costs of health care," Wyden said in a news release. "It is also a victory for nanotech jobs, since HD+ plans to develop its their new portable dialysis system right here in Oregon."
Source:
bizjournals.com
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