Content area
Full text
Headnote
Verrix Plans to File For FDA OK by Year-End
While the medical equipment sterilization market is less hyped than the healthcare startups industry, it's growing. The global market is projected to hit $8 billion this year and surpass $11 billion by 2023, according to a report by market intelligence provider Research and Markets Ltd.
San Clemente-based Verrix LLC is raising capital to support late-stage clinical efforts on its device, which validates processes used to sterilize surgical supplies and equipment.
The company seeks a $6 million to $10 million series B, said Chief Executive Cameron Rouns.
Good for Space
The foundation of Verrix'...