VC-Backed Aspen Medtech Shuts Down  
5/8/2009 9:13:37 AM

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Private Equity Hub -- Aspen Medtech Inc., a Bellevue, Wash.-based medical device incubator, has ceased operations, according to VentureWire. The company had raised around $1 million in 2007 from Prospect Venture Partners and Three Arch Partners. Its website is still active.