Medigus Ltd. announced the closing of a private equity placement of $8 million to OrbiMed Israel Partners Limited Partnership, an affiliate of OrbiMed Advisors LLC. Upon the closing of the investment, Dr. Nissim Darvish, Senior Managing Director at OrbiMed Israel, was appointed chairman of the board of directors of Medigus. In addition, Anat Naschitz and Erez Chimovits, both Managing Directors at OrbiMed Israel, and Chris Rowland joined the board.