Stuttgart, May 11, 2017 – Impulse Dynamics, developer of the revolutionary Cardiac Contractility Modulation (CCM) technology for treatment of Chronic Heart Failure (CHF), announced today that the company has closed a $45 million financing round.

The equity financing round was led by Goldstone Investment, a global investment company belonging to the Chinese conglomerate CITIC Securities, and included several other international investment firms. “We believe that CCM addresses a significant unmet need in the Chronic Heart Failure treatment paradigm,” said Mr. Ray Yang, Investment Vice President at Goldstone Investment. “We look forward to seeing Impulse realize its potential of helping millions of patients globally who currently cannot get symptom relief with existing device therapies.”

CCM is delivered by the implantable Optimizer device that administers non-excitatory electric pulses to the heart muscle, initiating multiple biochemical and neurohormonal changes to the myocardium. As a result, the contractility of the myocardium increases with no concomitant increase in oxygen consumption, enabling the heart to work more efficiently. It has already been successfully launched in Europe and is available in cardiology centers in a number of countries. CCM therapy has been implanted in over 3,500 patients to date and is available for patients with narrow QRS complex.

“We are delighted to welcome Goldstone Investment as investors in the Company,” said Dr. Simos Kedikoglou, Chief Executive Officer of Impulse Dynamics. “This investment is a significant milestone for Impulse Dynamics, and will support our continued product development efforts and market expansion globally.”