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Medipacs secures $1.65 million in financing

Medipacs, an Arizona-based medical device company, has secured an initial financial investment of $1.65 million.

The financing has been provided by Mesa Verde Venture Partners and other investors in Tucson, San Diego, Phoenix and Washington DC.

Mark McWilliams, CEO of Medipacs, said: “We are very pleased with the tremendous response by interested investors in our novel disposable infusion technology and the unique business model we have developed for its commercialization.”