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Plymouth maker of brain tumor lasers Monteris raises $30 million

Nov 13, 2014 - Minneapolis / St. Paul Business Journal

Monteris Medical Corp. has raised $30 million in equity financing, the Plymouth-based medical technology developer said Thursday.

Monteris makes laser systems that destroy brain tumors, and will use the financing to expand its commercial and clinical programs for its NeuroBlate robotic neurosurgical system.

The NeuroBlate System uses laser technology to burn and coagulate hard-to-reach brain tumors that are considered inoperable. (Watch the video below to see how it works.)

The...