Transoma Medical Shuts Down
12/9/2009 9:15:51 AM
Medcitynews.com -- ARDEN HILLS, Minnesota–Transoma Medical Inc. has become the latest medical device start-up to shut its doors. The Arden Hills-based company, which was developing a device to remotely monitor the electrical activity of a patient’s heart, could not raise additional money from investors, sources said. As a result, Transoma closed its human applications operations and will return to its original animal business.