Bay Area’s Tusker Medical Banks $10 Million for Pediatric Tympanostomy Device

Tusker Medical said yesterday that it raised more than $10 million for the pediatric ear surgery device it’s developing.

The Menlo Park, Calif.-based company raised $10.2 million in an equity sale from a single unnamed investor, according to a regulatory filing.

Tusker, formerly known as Advanced ENT Solutions, is developing a new technique for tympanostomies, in which a tube is implanted across the tympanum to drain fluid from the middle ear.

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