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Fridley-based med-tech firm Medafor Inc. expects to soon close on $3.75 million in financing to help it build a market for its core product - a material that can quickly control bleeding.
The company, founded in 1999, developed Hermadex. a biopolymer made of microscopic, porous particles that speed clotting when mixed with blood.
Robert Cerza, executive vice president for business...