MR-guided focused ultrasound (MRgFUS) developer InSightec said it is raising $50 million in capital funding.
The company plans to use the funds for market development and implementation of InSightec's strategy for a next-generation noninvasive operating room.
The investment was made by York Capital Management, a new investor in the company. There is a limited time for other investors to invest in the current round of funding either by taking part of the $50 million or expanding the investment to $62.5 million, InSightec said.
