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HEALTHCARE | Medical Devices & Equipment / Surgical Devices
kerberos-md.com

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Founded Year

2001

Stage

Acquired | Acquired

Valuation

$0000 

About Kerberos Proximal Solutions

Kerberos Proximal Solutions Inc., in Cupertino, Calif., developed proximal embolic-protection technology to recover debris dislodged during angioplasty and stent placement. The Kerberos device could lower significantly the embolic risk of these measures and make them more accessible to a broader patient population. The RCT BioVentures investment helped Kerberos perfect a mechanical model and demonstrate its use in animals. Kerberos received clearance from the U.S. Food and Drug Administration in September 2004 for coronary and peripheral use of the Rinspiration System. Rinspiration is focal simultaneous rinsing and aspiration administered by a single catheter. Later in the same month, Kerberos performed its 200th case of Rinspiration at New York Presbyterian/Columbia University Medical Center. The continued success of the Kerberos system in multi-device treatment interventions was one of the showcases highlighted at the IX Live Symposium of Complex Coronary and Cardiovascular Cases in New York in June 2006. In August 2006, FoxHollow Technologies ((Nasdaq: FOXH) announced a merger agreement to acquire Kerberos. Under the agreement, FoxHollow committed to pay about $32 million at closing, of which about $13 million it paid in stock.

Kerberos Proximal Solutions Headquarter Location

10600 North Tantau Avenue

Cupertino, California, 95014,

United States

408-253-3319

Latest Kerberos Proximal Solutions News

St. Jude Medical's largest backer boosts stake by 30% | Wall Street Beat

May 8, 2012

MFS Investment Management, which invented the mutual fund, adds 7 million shares to its stake in St. Jude Medical, taking its share to 10% of the medical device maker; also, Smith & Nephew's Bioventus ortho-biologics JV fledges, Kalypto deal closes; Kerberos Proximal Solutions puts Rinspiration on the auction block; NeuroLogica helps develop 1st mobile stroke ambulance; Xtend Medical gets into the entertainment game; plus, a Funding Roundup and analysts' ups and downs.

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