Flexicath Raises $380,000 in First Round

Flexicath has raised $380,000 in its first financing round from Trendlines International, a private investor, and Misgav Technology Center. Flexicath general manager Ronen Radomski, R&D director Shai Amishar and medical advisor Paul Froom founded the company in 2004. Flexicath's product is an intravenous catheter that can remain inserted in a vein for up to 20 days.

Globes Online (http://www.globes.co.il/serveen/globes/docview.asp?did=905921&fid=942)