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Stage

Acquired | Acquired

Total Raised

$17.25M

Valuation

$0000 

About Securus Medical Group

Securus Medical Group is developing easy to use, real-time, noncontact, thermal mapping systems to determine intrabody tissue temperatures. The Company maintains administrative headquarters at Cleveland Clinic's Global Cardiovascular Innovation Center and has R&D operations in Massachusetts.

Securus Medical Group Headquarter Location

15 Shoreby Drive

Cleveland, Ohio, 44108,

United States

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Expert Collections containing Securus Medical Group

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

Securus Medical Group is included in 2 Expert Collections, including Medical Devices.

M

Medical Devices

11,378 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 IT

7,900 items

Securus Medical Group Patents

Securus Medical Group has filed 5 patents.

The 3 most popular patent topics include:

  • Cardiac arrhythmia
  • Cardiac electrophysiology
  • Cardiac procedures
patents chart

Application Date

Grant Date

Title

Related Topics

Status

11/22/2011

9/11/2018

Cardiac arrhythmia, Sensors, Cardiac anatomy, Cardiac electrophysiology, Cardiology

Grant

Application Date

11/22/2011

Grant Date

9/11/2018

Title

Related Topics

Cardiac arrhythmia, Sensors, Cardiac anatomy, Cardiac electrophysiology, Cardiology

Status

Grant

Latest Securus Medical Group News

Boston Scientific Corporation’s Acquisition of Securus Medical Group, Inc.

Apr 17, 2018

Taft acted as legal counsel to Securus Medical Group on the deal Boston Scientific Corporation finalized the acquisition of Securus Medical Group, Inc., a privately-held company that has developed a thermal monitoring system for the continuous measurement of esophageal temperature. Boston Scientific has been an investor in Securus since 2016, and the transaction price for the remaining stake not already owned consists of $40 million in cash up-front, as well as up to $10 million in contingent payments based on regulatory achievements and commercial milestones. Arrhythmias are commonly treated with cardiac ablation – the process of delivering radiofrequency (heating) or cryothermal (cooling) energy to destroy a small area of heart muscle responsible for the abnormal heart rhythm. Physicians monitor the temperature of the esophagus, which is located behind the area of the heart where the hot or cool energy is applied, during an ablation procedure to avoid thermal injury. The thermal monitoring system developed by Securus Medical Group is an integrated catheter-based probe and imaging system that generates real-time images of the temperature of the esophagus. Boston Scientific Corporation develops, manufactures, and markets minimally invasive medical devices. The company, led by Michael F Mahoney, Daniel J Brennan and Ian Meredith, in 2017 recorded $9.048 Billion revenues. Taft advised Securus Medical Group, Inc. with Howard Bobrow (Picture), Brandi Weekley and Katelyn Evans.

  • Where is Securus Medical Group's headquarters?

    Securus Medical Group's headquarters is located at 15 Shoreby Drive, Cleveland.

  • What is Securus Medical Group's latest funding round?

    Securus Medical Group's latest funding round is Acquired.

  • How much did Securus Medical Group raise?

    Securus Medical Group raised a total of $17.25M.

  • Who are the investors of Securus Medical Group?

    Investors of Securus Medical Group include Boston Scientific, RiverVest Venture Partners, University of Michigan, 3x5 Special Opportunity Partners and JumpStart.

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