How Harpoon Medical Secured an Exit Strategy 2 Years Before Its $100M Acquisition

An excerpt for an article written by Morgan Eichensehr, originally published in the Baltimore Business Journal

March 16, 2018 – Harpoon Medical Inc.’s $100 million sale to a Southern California medical device company was a deal two years in the making.

Bill Niland, the former CEO of Harpoon, described the University of Maryland, Baltimore-born firm’s path to an acquisition, in front of an audience of investors and entrepreneurs Thursday evening.

Backed by more than $4 million, Harpoon set out in 2015 to find a “strategic partner” to help lead its next round of funding and support a patient trial that would help its device obtain regulatory approval in Europe…

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