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Founded Year

1998

Stage

Acquired | Acquired

Total Raised

$123.5M

About Pathway Medical Technologies

Pathway Medical Technologies is developing an atherectomy device for treating peripheral artery disease.

Headquarters Location

10801 120th Ave. NE

Kirkland, Washington, 98033,

United States

425.6364000

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Pathway Medical Technologies Patents

Pathway Medical Technologies has filed 9 patents.

patents chart

Application Date

Grant Date

Title

Related Topics

Status

6/21/2011

3/20/2012

Drug delivery devices, Fertility medicine, Dosage forms, Semen, Animal breeding

Grant

Application Date

6/21/2011

Grant Date

3/20/2012

Title

Related Topics

Drug delivery devices, Fertility medicine, Dosage forms, Semen, Animal breeding

Status

Grant

Latest Pathway Medical Technologies News

UW Spinoff Cardiac Insight Looks to Spot Common Cause of Stroke with Stick-On Device

Nov 2, 2011

XconomySeattle —  Tom Clement spent more than a year poking around the University of Washington , looking for the next hot medical device idea to develop after his long run at Kirkland, WA-based Pathway Medical Technologies. And now he’s latched onto a new technology he says could become a low-cost, disposable, and accurate way to diagnose a leading cause of stroke. The technology is now taking shape at Bellevue, WA-based Cardiac Insight, which is putting the finishing touches this week on a $700,000 financing in Series A preferred stock, Clement says. The company has its license from the UW lab of cardiologist David Linker , and has attracted some well-known directors to its board, including former SonoSite chairman Kirby Cramer and former Physio-Control president Richard Martin. Clement is the CEO, and is now splitting time between Cardiac Insight and another UW spinoff, Aqueduct Neurosciences. The idea at Cardiac Insight is to develop a new tool for diagnosing atrial fibrillation , or “afib,” which is an irregular heartbeat that affects 2.2 million people in the U.S. each year. This is a hard-to-diagnose condition, since many people with it just feel fatigue. Yet it ends up causing an estimated 90,000 strokes a year in the U.S. among people who weren’t aware of their higher risk from afib, Clement says. There are various devices known as Holter monitors on the market today from big companies like GE, Philips Healthcare, and from startups like San Francisco-based iRhythm. Cardiac Insight is seeking its advantage with a low-cost, convenient device, that’s accurate enough to avoid setting off lots of false alarms. “Basically this is a super-elegant, 7-day continuous Holter monitor that’s the size of a Band-Aid,” Clement says. There are a number of problems with the existing technologies for monitoring afib today, Clement says. They depend on electrodes that attach to the chest to pick up the heart rhythm, and sometimes the electrodes are attached to a device that clips onto a belt, making it a bit bulky. Some of the devices record and store heart rhythm data for several days to a week, but then the data needs to be sent to a reading center where expert technicians try to suss out whether the device is picking up a genuine case of afib, or a false alarm, Clement says. Some don’t have much data storage capacity, and are essentially “event monitors” that allow people to push a button when they think something is going on, but which don’t capture the heart rhythm context around that event. Tom Clement, CEO of Cardiac Insight Linker, a cardiologist and bioengineer, has sought to come up with a simple way to diagnose afib with a combination of hardware and software. The device gets stuck onto the patient’s chest with an adhesive, like a bandage that’s four inches long and one inch wide, Clement says. Inside that light bandage there is an electrode to pick up the heart rhythm, a flexible circuit board with memory to store data, and software with an algorithm that processes the data. The patient will wear the device for seven days to collect continuous data on the heart rhythm, or maybe a couple of seven-day periods that aren’t back-to-back, to get enough of a sample size to reach a conclusion. When the patient comes back to the doctor, they rip off the device, plug its USB cord into a computer, and upload the data. Part of Cardiac Insight’s special sauce is in its software algorithm, which is supposed to … Next Page »

Pathway Medical Technologies Frequently Asked Questions (FAQ)

  • When was Pathway Medical Technologies founded?

    Pathway Medical Technologies was founded in 1998.

  • Where is Pathway Medical Technologies's headquarters?

    Pathway Medical Technologies's headquarters is located at 10801 120th Ave. NE, Kirkland.

  • What is Pathway Medical Technologies's latest funding round?

    Pathway Medical Technologies's latest funding round is Acquired.

  • How much did Pathway Medical Technologies raise?

    Pathway Medical Technologies raised a total of $123.5M.

  • Who are the investors of Pathway Medical Technologies?

    Investors of Pathway Medical Technologies include MEDRAD, Oxford Bioscience Partners, Giza Venture Capital, Latterell Venture Partners, Forbion and 6 more.

  • Who are Pathway Medical Technologies's competitors?

    Competitors of Pathway Medical Technologies include Cardiovascular Systems, Endologix, AtheroMed, TriReme Medical, Synthes and 12 more.

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Compare Pathway Medical Technologies to Competitors

Endologix Logo
Endologix

Endologix is a developer and manufacturer of minimally invasive treatments for vascular diseases. Endologix is focusing on the development and marketing of its patented technology for the treatment of Abdominal Aortic Aneurysms (AAA). An aneurysm is a weakening of the wall of the aorta, the largest artery of the body. Aortic aneurysm disease is a cause of death in the United States and it is estimated that 1.7 million persons over 55 years of age have an AAA. Each year, physicians diagnose approximately 200,000 people in the United States with AAA. Endologix is currently marketing its Powerlink Delivery System a, one-piece endoluminal stent graft (ELG) used in treating AAA that has significant advantages when compared with marketed stent alternatives. Powerlink has been commercially available in Europe since 1999. FDA approval for the Powerlink AAA stent graft was received on October 29, 2004. The Powerlink superior design is covered by 17 U.S. patents with 361 allowed claims; the technology is designed to overcome shortcomings of first-generation ELGs. The device is for sale in the United States and selected international markets. Endologix is a publicly-held company trading on NASDAQ: ELGX. The company's corporate office is located in Irvine, California.

Veryan Medical Logo
Veryan Medical

Veryan is developing innovative solutions to improve the performance of vascular stents using the principles of biomimicry. Veryan's BioMimics 3D stent technology involves adapting traditional straight stent designs to a patented three-dimensional helical shape, which more closely mimics the natural geometry of the human vascular system. BioMimics 3D technology has been proven to enhance clinical performance by improving flow conditions in, and the biomechanical performance of, stented vessels. The advanced, biomimetic design of the BioMimics 3D stent is intended to provide improved flow conditions and more flexibility, kink and fracture resistance than other nitinol stents. Veryan's Research & Development facility is located in Galway, Ireland.

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Reva Medical

REVA Medical develops interventional medical devices that leverage the company's stent designs and biomaterials to improve the treatment of vascular disease. Its flagship product is called MOTIV, a bioresorbable coronary stent that is designed to fulfill the temporary need for a stent and then fade away, leaving only the healed vessel behind. This product is utilized for the treatment of coronary artery disease. REVA Medical has a broad strategic relationship with Boston Scientific Corporation, a worldwide developer and marketer of interventional medical devices. The company was founded in 1998 and is based in San Diego, California.

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GRAFTcath

GRAFTcath is a medical device company developing vascular access products for hemodialysis.

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PeriTec Biosciences

PeriTec is a Cleveland, Ohio based company that aims to develop vascular and cardiovascular surgical products. The company's technology involves the incorporation of a biological tissue, peritoneum, into implantable peripheral vascular stents and vascular patches.

Tryton Medical Logo
Tryton Medical

Tryton Medical is a developer of stent systems for the treatment of bifurcation lesions. The Tryton Side Branch Stent System is built for bifurcation using Tri-ZONE technology to offer a dedicated strategy for treating bifurcation lesions. Tryton's cobalt chromium stent is deployed in the side branch artery using a standard single-wire balloon-expandable stent delivery system. A conventional drug-eluting stent is then placed in the main vessel. The stent system has received CE Mark and is commercially available throughout Europe, Russia and the Middle East. It is approved in the United States for investigational use only.

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