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Concord Health Partners (“Concord”), a healthcare focused investment firm, has completed an investment in MIVI Neuroscience, Inc. (“MIVI”), a medical device company that provides innovative products for neuro-interventional procedures.

The investment reflects Concord’s approach of investing in healthcare companies that offer innovative and proprietary technologies with the potential to lower costs, improve outcomes and enhance the value of care.

There has been significant global growth in the utilization of endovascular stroke therapy procedures since the publication of compelling data from several independent clinical trials in 2015 and 2016 that highlight the value of such techniques in clearing occlusive blood clots from large cerebral vessels. MIVI’s product portfolio provides physicians with innovative tools designed to help improve outcomes, shorten procedure times and make treatment available to potentially more patients by providing easier access to difficult to treat smaller vessels in the brain.

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