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Sofinnova Partners Announces the Sale of ReCor Medical to Otsuka Holdings

Jul 10, 2018 - Business Wire

Sofinnova Partners, a leading venture capital firm specialized in Life Sciences, today announced that Otsuka Holdings is acquiring its portfolio company ReCor Medical, a medical device company specialized in the treatment of hypertension. The terms of the acquisition are being withheld due to non-disclosure obligations.

ReCor Medical was created in 2009 by Sofinnova Partners, Mano Iyer - who was then entrepreneur-in-residence at Sofinnova Partners and now Chief Operating Officer of ReCor -...