Osprey Med Nabs $26M, Plans to Bolster U.S. Sales Force

Published: Aug 10, 2017

Minnetonka-based Osprey Medical has raised about $26 million to bolster its U.S. sales force and ramp up efforts to sell medical devices that reduce the amount of chemical agents used during millions of live-motion X-rays to treat vascular problems.

Earlier this year, the U.S. Food and Drug Administration cleared a new product from Osprey called the DyeTect automated contrast monitoring system, which increased Osprey's potential global market to $1.8 billion, according to a recent presentation from the company.

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