Sequal lines up product financing

Friday, March 31, 2006

SAN DIEGO - SeQual Technologies has raised $4.35 million from new and existing investors. It will use the money to manufacture, market and sell its new 17-pound concentrator, the Eclipse, according to a February release. The unit offers both pulse and continuous flow up to 3 liters per minute to serve the stationary and ambulatory needs of patients. SeQual introduced a prototype of the product at Medtrade last fall, and it expects to launch a commercial version this spring.