{"id":2654,"date":"2023-03-27T16:06:07","date_gmt":"2023-03-27T16:06:07","guid":{"rendered":"https:\/\/founderlodge.com\/latest-news\/?p=2654"},"modified":"2023-03-27T16:06:08","modified_gmt":"2023-03-27T16:06:08","slug":"gt-medical-technologies-inc-closes-series-c-funding-round-of-45-million-to-revolutionize-treatment-for-brain-tumor-patients","status":"publish","type":"post","link":"https:\/\/founderlodge.com\/latest-news\/gt-medical-technologies-inc-closes-series-c-funding-round-of-45-million-to-revolutionize-treatment-for-brain-tumor-patients\/","title":{"rendered":"GT Medical Technologies, Inc. Closes Series C Funding Round of $45 Million to Revolutionize Treatment for Brain Tumor Patients."},"content":{"rendered":"\n<figure class=\"wp-block-image size-full is-resized\"><img decoding=\"async\" src=\"https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/03\/image-271.png\" alt=\"\" class=\"wp-image-2656\" width=\"232\" height=\"69\" srcset=\"https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/03\/image-271.png 900w, https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/03\/image-271-300x89.png 300w, https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/03\/image-271-768x229.png 768w\" sizes=\"(max-width: 232px) 100vw, 232px\" \/><\/figure>\n\n\n\n<p><a href=\"https:\/\/gtmedtech.com\/\">GT Medical Technologies, Inc. (GT),<\/a> an Arizona-based medical device company, announced today the successful closure of its Series C funding round at $45 million. The financing was led by a group of prominent investors who believe in the company&#8217;s mission and vision to improve the lives of patients with brain tumors.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"896\" height=\"398\" src=\"https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/03\/image-272.png\" alt=\"\" class=\"wp-image-2657\" srcset=\"https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/03\/image-272.png 896w, https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/03\/image-272-300x133.png 300w, https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/03\/image-272-768x341.png 768w\" sizes=\"(max-width: 896px) 100vw, 896px\" \/><\/figure>\n\n\n\n<p>Founded by Matthew Likens, GT has developed an innovative approach to treatment by combining a conformable collagen matrix with brachytherapy (radiation) seeds. The company&#8217;s first product, GammaTile\u2122 is protected by 10 US and 2 Canadian-issued patents, and 1 EPO patent. The product has the promise to revolutionize treatment for 176,000 patients per year in the US alone. To date, we have treated 120 patients with recurrent brain tumors in a clinical trial at Barrow Neurological Institute (BNI) and observed significant clinical improvement.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"641\" src=\"https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/03\/image-274-1024x641.png\" alt=\"\" class=\"wp-image-2658\" srcset=\"https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/03\/image-274-1024x641.png 1024w, https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/03\/image-274-300x188.png 300w, https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/03\/image-274-768x480.png 768w, https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/03\/image-274.png 1215w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>\u201cThis new capital will be used to further advance our research and development efforts as well as fund additional clinical trials necessary for FDA approval of GammaTile\u2122. Our team is committed to making this revolutionary therapy available globally and providing better outcomes for all brain tumor patients\u201d, said\u00a0 <a href=\"https:\/\/www.linkedin.com\/in\/matthew-likens-3a97834\/\">Matthew Likens<\/a>, Founder of GT Medical Technologies, Inc.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>GT Medical Technologies, Inc. (GT), an Arizona-based medical device company, announced today the successful closure of its Series C funding round at $45 million. The financing was led by a group of prominent investors who believe in the company&#8217;s mission and vision to improve the lives of patients with brain tumors. Founded by Matthew Likens, [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":2659,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":""},"categories":[2],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.2.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>GT Medical Technologies, Inc. Closes Series C Funding Round of $45 Million to Revolutionize Treatment for Brain Tumor Patients. - Founder Lodge Latest News GT Medical Technologies, Inc. Closes Series C Funding Round of $45 Million to Revolutionize Treatment for Brain Tumor Patients.<\/title>\n<meta name=\"description\" content=\"GT Medical Technologies, Inc. (GT), an Arizona-based medical device company, announced today the successful closure of its Series C funding round at $45 GT Medical Technologies, Inc. (GT), an Arizona-based medical device company, announced today the successful closure of its Series C funding round at $45 million. The financing was led by a group of prominent investors who believe in the company&#039;s mission and vision to improve the lives of patients with brain tumors.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/founderlodge.com\/latest-news\/gt-medical-technologies-inc-closes-series-c-funding-round-of-45-million-to-revolutionize-treatment-for-brain-tumor-patients\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GT Medical Technologies, Inc. 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