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Panakès Partners is a Venture Capital company, based in Milan, which invests in the most enthusiastic companies and groups, establishing cutting edge technologies and items, in the field of life scientific researches, Bookmarks aiming to enhance the lives of people all over the world.

Neuromod, which announced that FDA authorization at a joint support and veteran audiology meeting in the United States has currently gotten its very first US order and the very first delivery from its Letterkenny-based production companion, Philips-Medisize, was en course this week.

Because the previous round of moneying raised in October 2020, the company has actually made development commercialising Lenire, increasing the device's schedule throughout Europe, establishing a completely possessed United States subsidiary, Neuromod United States Inc, and safeguarding US market approval from the FDA.

The latest financing - which greater than doubles the cash the NUI Maynooth spin-out has elevated considering that it was founded in 2010 - is split equally between venture debt financing from the European Investment Financial institution and new equity financial investment.