Harmonic Medical, a Burlington-based medical company, which has developed focused ultrasound technology for non-invasive surgery received a contribution of more than $2.1 million.
The funding came from Southern Ontario’s RDA, FedDev Ontario, which also handed out $53.3 million in funding to six Toronto-based innovation organizations on Tuesday.
Using focused ultrasound technology, Harmonic Medical has developed a system to treat uterine fibroids without surgery. The federal government stated that “the company’s treatment option for women with uterine fibroids has the potential to yield significant health benefits by minimizing side effects, complications, costs and recovery time for patients.”
The FedDev funding will support the final-stage product development and the commercial launch of Harmonic Medical’s technology in North American and European markets.
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