MiniMed has set the price for its planned initial public offering (IPO) ahead of an imminent separation from Medtronic (NYSE:MDT). The Medtronic Diabetes unit’s IPO includes 28 million shares of common stock priced at $20 apiece, amounting to $560 million. Underwriters also have an option to purchase up to 4.2 million additional shares at the […]
Funding Roundup
Modular Medical prices $12M public offering to support insulin pump
Modular Medical (Nasdaq:MODD) announced the pricing of a public offering worth proceeds of approximately $12 million. San Diego-based Modular Medical’s offering includes nearly 68.1 million shares of the company’s common stock and warrants to purchase up to an aggregate of 68.1 million shares. The company priced the offering at $0.1762 per share and accompanying warrant. […]
Trinity Biotech raises $25M as it looks to advance CGM+ system
Trinity Biotech (Nasdaq:TRIB) announced today that it entered into a $25 million Standby Equity Purchase Agreement (SEPA). The agreement with an affiliate of financing partner Yorkville Advisors Global provides the Dublin, Ireland-based company with additional funding to augment its commercialization initiatives and support its R&D programs. Under the SEPA, Trinity has the right, but not […]
Tandem Diabetes Care prices upsized $265M offering
Tandem Diabetes Care (Nasdaq:TNDM) today announced the pricing of a $265 million offering of convertible senior notes. San Diego-based Tandem earlier this week announced its intent to offer $200 million in notes, due 2032, in a private placement. It now says it upsized that offering by $65 million. The company also granted initial purchasers an […]
Tandem Diabetes Care announces $200M notes offering
This article ran on Monday, Feb. 23, 2026. On Wednesday, Feb. 25, 2026, Tandem announced the upsized pricing of the offering. Read the updated article here. Tandem Diabetes Care (Nasdaq:TNDM) announced today that it intends to offer $200 million in convertible senior notes, due in 2032. San Diego-based Tandem said it plans to offer […]
CraniUS closes $20M financing to support blood-brain barrier tech for drug delivery
CraniUS Therapeutics announced today that it raised $20 million in a Series B financing round to accelerate its development of NeuroPass. NeuroPass is a fully implantable, skull-embedded platform. The Baltimore-based company designed it to bypass the blood-brain barrier (BBB). It could enable targeted drug delivery and monitoring in the brain. CraniUS has NeuroPass under development […]
ViCentra closes $13M extension, brings Series D to $98M
Insulin patch pump maker ViCentra announced today that it closed a $13 million extension to its Series D financing round. Utrecht, The Netherlands-based ViCentra initially closed its Series D in September, bringing in $85 million. The now-closed extension to the financing brings the total raised to $98 million. CEO Tom Arnold explained the company’s plans […]
Enable Injections picks up $30M investment from Sanofi
Enable Injections announced today that it received a commitment from Sanofi for a $30 million investment to drive growth. The investment from the pharmaceutical giant aims to accelerate Enable’s manufacturing build-out. It follows the company’s 2024 announcement of plans to expand its Ohio manufacturing plant. Other uses for funds include strengthening supply chain capabilities and […]
Modular Medical prices $4.7M public offering
Modular Medical (Nasdaq:MODD) announced that it priced an underwritten public offering of common stock worth approximately $4.68 million. The San Diego-based insulin pump maker intends to offer nearly 12.2 million shares of common stock and accompanying warrants to purchase nearly 6.1 million shares. Each two-share package is being offered and sold together with one accompanying […]
1nhaler raises $2M for cardboard inhaler device
1nhaler announced today that it secured approximately $2 million (£1.5 million) in seed funding to support its inhaler technology. The Scotland-based company develops a novel pop-up cardboard dry powder inhaler (DPI). Rather than use expensive, bulky plastic, 1nhaler uses cardboard to create an inhaler with the same dimensions as a credit card. The discreet platform […]
