US-based Concept Medical raises $60m to boost India, global operations

US-based Concept Medical raises $60m to boost India, global operations

Dmitry Stolyarov, a heart surgeon, holds a stent, which is inserted into constricted coronary arteries to help keep them open and normalise blood flow, as he performs a surgery on a patient with a blood clot in the carotid artery at the Federal Center of Cardiovascular Surgery in the Siberian city of Krasnoyarsk, Russia, September 28, 2016. REUTERS/Ilya Naymushin

Florida-based medical device company Concept Medical Inc. (CMI), which also has operations in India, has raised $60 million from the family office of Indian-American cardiologist and entrepreneur Dr. Kiran Patel and Pallavi Patel.

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