INeedMD Holdings, Inc. announced a financing transaction

iNeedMD Holdings, Inc. is a medical device company that has developed a disposable device used in the diagnosis, prevention, and monitoring of cardiovascular disease. The Company develops and markets medical device solutions that enable individuals and their healthcare partners to acquire, store and export health- and wellness-related data in portable platforms. Its product development programs focus on systems for collecting a plurality of diagnostic information and transmitting that data to local and/or remote locations. Its products include The EKG Glove and Portable ECG devices. The EKG Glove is a medical device that facilitates a 12-lead electrocardiogram (ECG) at rest using embedded, printed circuitry connected to pre-positioned electrodes. The Portable ECG devices communicate with Windows-based tablets, laptops, or personal computers via Bluetooth or Universal Serial Bus (USB). It performs, stores and shares ECG reports locally or provides remote access.