01 March 2011

Sequana Medical raises CHF 23.7 million (USD 25 million) in a Series B financing round

VISCHER advises the investors in Sequana Medical (previously NovaShunt AG) in Zurich in a Series B financing round of CHF 23.7 million (about USD 25 million) led by BioMedInvest AG I, Entrepreneurs Fund and Capricorn Health-tech Fund. The Company?s ALFApump System is a proprietary, implantable pump system that continually removes excess abdominal fluid, known as ascites, in patients suffering from liver cirrhosis, certain cancers and congestive heart failure. VISCHER lead by Matthias Staehelin with Tanja Gustinetti advises the investors.

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Matthias Staehelin

matthias.staehelin@vischer.com

+41 58 211 33 53

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