
Rhythmia Medical
Founded Year
2004Stage
Acquired | AcquiredTotal Raised
$14.67MValuation
$0000About Rhythmia Medical
Rhythmia Medical is developing a next generation mapping, visualization and navigation system for the treatment of cardiac arrhythmias. The company is conducting human clinical testing outside the United States and is working with several clinicians in this field around the world. In October 2012, Rhythmia Medical was acquired by Boston Scientific. The valuation of Rhythmia Medical was $90 million. Other terms of the deal were not released.
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Expert Collections containing Rhythmia Medical
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Rhythmia Medical is included in 1 Expert Collection, including Medical Devices.
Medical Devices
3,088 items
Companies that have been granted at least 1 510(k) by the FDA since 2014. Companies tagged as #FDA510(K)
Rhythmia Medical Patents
Rhythmia Medical has filed 50 patents.

Application Date | Grant Date | Title | Related Topics | Status |
---|---|---|---|---|
12/4/2016 | 9/10/2019 | Cardiac arrhythmia, Cardiac anatomy, Cardiac electrophysiology, Cardiac procedures, Cardiology | Grant |
Application Date | 12/4/2016 |
---|---|
Grant Date | 9/10/2019 |
Title | |
Related Topics | Cardiac arrhythmia, Cardiac anatomy, Cardiac electrophysiology, Cardiac procedures, Cardiology |
Status | Grant |
Latest Rhythmia Medical News
Oct 26, 2012
Technology Rhythmia Medical Maps A Better 3-D Picture Of A Beating Heart—From The Inside Boston Scientific's new heart mapping and navigation tools are the first signs of its larger interest in electrical mapping systems for the human body. Nidhi Subbaraman 10.26.129:00 AM Heart conditions show up as irregularities in the organ's electrical routine. Heart surgeons and physicians sometimes check in on that routine by using catheters with electrodes at their tips. They wind up a vein or artery in the patient's legs or arms and into their heart chambers where they record electrical signals thundering through the muscle. But as insightful as the procedure can be, it results in a picture that's flat—a sketch of what's going on at best. Now a company called Rhythmia Medical is developing a system for translating mere pings into pixels to give doctors a clearer picture of the heart's architecture and electrical activity—in 3-D—as it pumps. Rhythmia’s researchers have been able to cut the time taken to map the heart's electrical activity by at least half in preclinical and clinical tests, Peter Sommerness, general manager of Boston Scientific's electrophysiology division, tells Fast Company. The first part of Rhythmia's new two-part system involves a new kind of catheter with 64 electrodes. It’s designed to track electrical signals coursing through the heart as it beats, as well as sketch its geometry and internal shape. Part two involves making sense of all the data that the souped-up catheter is collecting. The company has designed software that translates the electrical signals into 3-D visualizations. For patients with irregular heartbeats, or arrhythmias, the sensors and the mapping software are designed to give physicians an unprecedented view of a patient’s heart chambers, helping them not only identify that there's a problem but spot which sections of muscle could be the source of irregular beats. Electrophysiology and 3-D visualization is an area Boston Scientific is getting serious about, and Rhythmia is part of a larger plan. "We want to increase the size of this venture and this partnership. And that means growing our footprint in the Boston area with these critical skill sets," Sommerness says. Though non-cardiac applications for Rhythmia’s tech have yet to be developed, it’s entirely possible that it could be adapted for use outside the heart. "Electrophysiology is a $2.5 billion space, and it’s growing rapidly. This tool is an essential strategic piece," he explains, adding that Rhythmia's high-data density electrodes and visualization tech, presented as a complete package, was what was appealing to the higher-ups at Boston Scientific. Rhythmia, based in Burlington, Massachusetts, was founded in 2004 by two business school graduates, Leon Amariglio and Doron Harlev. They were looking to start a successful business, but "one that had a greater good other than the commercial one," Harlev tells Fast Company. They were sure of one other thing: The way to go was to build something new. "We felt that innovating our own technology was something that would bring value," Harlev explains. With experience in finance behind them, Amariglio and Harlev were in the unique position of starting a high-tech venture without any personal experience in the medical device space. So they spent the first year together researching and brainstorming, sitting in at labs and hospitals in the Boston area. They developed a handful of ideas in that time, many of which needed to be abandoned, sometimes after months of effort. Until Rhythmia finally stuck. "No one makes perfect decisions and neither did we, but that was the process," Amariglio tells Fast Company. Where building a business is concerned, Amariglio says that entrepreneurship is less about taking risk and more about managing risk. For the two partners, their plans seem to have paid off. Rhythmia was scooped up by Boston Scientific earlier this month. Boston Scientific bought the company for $90 million and intends to pay another $175 million over the next five years if the company meets certain targets. It comes at a crucial time for Rhythmia, which is looking to get its diagnostics checked out and greenlit for use by the FDA. Clearance permitting, Boston Scientific expects to begin limited market launches of the system in 2013. Nidhi Subbaraman writes about technology and health. Follow on Twitter , Facebook , or Google+ . [Image: Flickr user CIHR_IRSC , and Rhythmia] An earlier version of this story incorrectly stated the size of the electrophysiology market as $2.5 million. Newsletter Get the latest Fast Company stories delivered to your inbox daily. Send I'd also like to receive special Fast Company offers Must Reads
Rhythmia Medical Frequently Asked Questions (FAQ)
When was Rhythmia Medical founded?
Rhythmia Medical was founded in 2004.
Where is Rhythmia Medical's headquarters?
Rhythmia Medical's headquarters is located at 111 South Bedford Street, Burlington.
What is Rhythmia Medical's latest funding round?
Rhythmia Medical's latest funding round is Acquired.
How much did Rhythmia Medical raise?
Rhythmia Medical raised a total of $14.67M.
Who are the investors of Rhythmia Medical?
Investors of Rhythmia Medical include Boston Scientific and Norwich Ventures.
Who are Rhythmia Medical's competitors?
Competitors of Rhythmia Medical include NxStage Medical, Cianna Medical, Valor Medical, Portaero, MetaCure and 12 more.
Compare Rhythmia Medical to Competitors
Valor Medical is a San Diego-based medical device company that has developed liquid embrolic technology for the treatment of cerebral aneurysms.
Neuromonics is an Australian company that has developed an FDA approved device for treatment of tinnitus over a six month process with 2 hours of use per day.
CoRepair, Inc. is developing a radiofrequency (RF) device system for the treatment of congestive heart failure.
CathRx is a specialist Australian medical device company focusing on the development and commercialisation of a range of cardiac catheters for use in the diagnosis and treatment of heart arrhythmias.
Apneon is an early stage medical device company developing devices for the treatment of sleep apnea.
Cardiogenesis is a medical device company committed to innovating tools for the treatment of cardiovascular disease. The company, located in Orange County, California, is a provider in laser revascularization and angiogenic therapies for the treatment of severe angina.
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