Patient Square Capital (“Patient Square”), a leading health care investment firm, has announced the formation of Elevage Medical Technologies (“Elevage”), a new portfolio company to support the growth of promising medical device companies by providing capital and deep strategic expertise. Elevage will be led by newly appointed CEO Evan Melrose, M.D., who brings more than 25 years of experience in health care across clinical, investment, and operational roles. Patient Square has made a capital commitment of $300 million to Elevage Medical Technologies. The newly-formed company will deliver financial and strategic growth support to a broad set of medical device technology companies that are at the forefront of transforming health care through cutting-edge devices that enhance health outcomes and quality of life for patients.
Read the full article: Patient Square Capital Announces Formation of Elevage Medical Technologies to Partner with Growth-Stage Medical Device Companies //
Source: https://www.prnewswire.com/news-releases/patient-square-capital-announces-formation-of-elevage-medical-technologies-to-partner-with-growth-stage-medical-device-companies-301811784.html