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Medical Ingenuities

medicalingenuities.com

Founded Year

2016

Stage

Seed VC - II | Alive

Total Raised

$990K

Last Raised

$990K | 2 yrs ago

About Medical Ingenuities

Medical Ingenuities has developed a radial artery occlusion device, PH BandTM, that achieves and confirms patent hemostasis. PH Band's design sets it apart from competitors in its ability to provide real-time feedback to medical personnel monitoring radial artery patency to prevent radial artery occlusion. The device aids in reducing nurse workload and occlusion-related complications.

Headquarters Location

Chicago, Illinois,

United States

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Expert Collections containing Medical Ingenuities

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Medical Ingenuities is included in 3 Expert Collections, including Medical Devices.

M

Medical Devices

11,721 items

Companies developing medical devices (per the IMDRF's definition of "medical device"). Includes software, lab-developed tests (LDTs), and combination products. *Columns updated as regularly as possible.

H

Health Monitoring & Diagnostics

2,623 items

Companies developing or offering products that aid in the assessment, screening, diagnosis, or monitoring of a person's state of health/wellness. Excludes companies focused solely on fitness/sports performance

H

Health IT

7,901 items

Medical Ingenuities Patents

Medical Ingenuities has filed 1 patent.

patents chart

Application Date

Grant Date

Title

Related Topics

Status

11/11/2016

10/29/2019

Implants (medicine), Cardiac anatomy, Embryology of cardiovascular system, Vascular diseases, Interventional radiology

Grant

Application Date

11/11/2016

Grant Date

10/29/2019

Title

Related Topics

Implants (medicine), Cardiac anatomy, Embryology of cardiovascular system, Vascular diseases, Interventional radiology

Status

Grant

Latest Medical Ingenuities News

08:13 ET Medical Ingenuities Conducts First Commercial Cases with Transformational Radial Hemostasis Band System to Achieve Pate...

Mar 9, 2022

Key Radial Surgeon conducts 4 successful percutaneous coronary interventional (PCI) cases at Lakewood Ranch Medical Center with Medical Ingenuities PH Band System. The PH Band System meets SCAI's Guidelines by achieving patent hemostasis. News provided by Share this article Share this article WHEATON, Ill. , March 9, 2022 /PRNewswire/ -- On February 21st, board-certified cardiologist, Dr. Vivek V. Kumar, completed 4 radial cases at Lakewood Ranch Medical Center in Florida using the Medical Ingenuities PH Band System. The PH Band is a novel medical device that is used to close the arteriotomy of a radial artery following a Percutaneous Coronary Intervention (PCI) procedure and is designed to establish and maintain patent hemostasis prior to discharging the patient from the Hospital. It meets Society for Cardiovascular Angiography and Interventions' (SCAI) Guidelines of achieving patent hemostasis which initiates immediate healing, reduces compression times and complications. According to Dr. Jimmy Kerrigan, an interventional cardiologist at Ascension Saint Thomas Heart in Nashville, "The biggest problem with radial closure today is that we are just guessing that we are achieving patent hemostasis." Easy alignment of the Doppler unit with the radial artery to detect antegrade flow All cases were successful and demonstrated the unique benefits of the PH Band compared to other radial bands. Dr. Kumar was very impressed with the case results. "We are excited for the introduction of the PH Band System into our lab. Our initial experiences confirmed patent hemostasis with a simple application, a reduction in compression time, and a predictable time for healing of the access site." Numerous recovery room nurses commented on the simplicity of the PH Band System and the elimination of deflation adjustments. The PH Band System provides an audible signal confirming the moment that patent hemostasis is achieved. This signal provides a customized compression at the arteriotomy, the lowest amount of pressure to ensure hemostasis, while maintaining proper blood flow through the radial artery. Achieving patent hemostasis post-radial closure allows the coagulation process to begin immediately, leading to a faster healing process and eliminating multiple adjustments. In contrast, other radial compression devices provide hemostasis but cannot confirm the patency of the radial artery. Patent hemostasis has been shown in numerous studies to reduce complications by over 90%. According to Chip Corrigan, Founder and CEO of Medical Ingenuities, "These seminal cases demonstrated the efficacy and efficiency of the PH Band in real clinical cases. We believe that the simplicity and unique doppler technology of the PH Band System will transform how radial procedures are completed." About Medical Ingenuities Medical Ingenuities' mission is to develop and commercialize novel medical technology to transform patient outcomes in various clinical specialties. The Medical Ingenuities management team has almost 100 years of combined experience in the medical device industry. The PH Band, cleared for clinical use by the FDA, is the first in a series of products to be launched in the coming years. For Media Contacts:

Medical Ingenuities Frequently Asked Questions (FAQ)

  • When was Medical Ingenuities founded?

    Medical Ingenuities was founded in 2016.

  • Where is Medical Ingenuities's headquarters?

    Medical Ingenuities's headquarters is located at Chicago.

  • What is Medical Ingenuities's latest funding round?

    Medical Ingenuities's latest funding round is Seed VC - II.

  • How much did Medical Ingenuities raise?

    Medical Ingenuities raised a total of $990K.

  • Who are the investors of Medical Ingenuities?

    Investors of Medical Ingenuities include Genesis Innovation Group and cultivateMD.

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