Graftworx gets $500K from Maryland Venture Fund

Bel Air-based medical device company Graftworx received $500,000 from the Maryland Venture Fund, the state announced.

With the new funding, the company announced the hiring of Lilip Lau, who invented a coronary stent while at Guidant. Graftworx is developing a stent to treat peripheral artery disease (PAD).

The money will also be used to complete pre-clinical trials, officials said.

Read the story at Technical.ly Baltimore