ASLAN has closed a Series C round involving some new investors that puts the Singapore venture in a more comfortable financial position and may allow it to complete pivotal trials for its lead oncology project. But its CEO says the main focus will continue to be on maximizing asset values.

Argomed Inc. is developing a minimally-invasive device for the treatment of BPH. Argomed's system uses a balloon catheter filled with hot water to apply heat to the prostate in a single 45-minute procedure.