H.I.G. backs smartphone-enabled medical device company

H.I.G. Capital’s dedicated healthcare investment affiliate, H.I.G. BioHealth Partners, co-led a $18 million financing round for Clarify Medical – a company developing products and services to treat chronic skin conditions.

Clarify said it will use the proceeds to commercialize and further develop its Clarify Home Light Therapy System for the treatment and monitoring of patients and chronic skin conditions. It is the first and only phototherapy system that uses an app on the patient’s own smartphone to manage the dose, frequency and duration.

“The significant technological advances of the . . .

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