Business

Seventh Sense Biosystems appoints new CEO, closes $10m Series A financing

Seventh Sense Biosystems, a privately held medical device company based in Cambridge, said Wednesday that Howard Weisman has been appointed president and chief executive and added that it has closed the final tranche of a $10 million Series A financing.

The financing was with existing investors Flagship Ventures and Polaris Venture Partners, the company said in a press release.

Founded in 2008, Seventh Sense is developing an array of products based on its proprietary painless blood collection platform.

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The company said it will use the financing to complete clinical testing and to commercialize its first blood collection device for point of care diagnostics.

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Weisman was most recently the founder, chairman, and chief executive of EKR Therapeutics Inc., which announced its sale to Cornerstone Therapeutics in May.

According to its website, New Jersey-based EKR Therapeutics is a specialty pharmaceutical company that makes products that hospitals use for acute-care patients.

Chris Reidy can be reached at reidy@globe.com.