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silkroadmed.com

Founded Year

2007

Stage

IPO | IPO

Total Raised

$160.6M

Date of IPO

4/4/2019

Market Cap

1.06B

Stock Price

28.03

About Silk Road Medical

Silk Road Medical develops and manufactures less-invasive medical devices intended to improve the treatment of carotid artery disease through proprietary transcarotid therapies. By focusing on proven surgical principles and developing technology for vascular specialists, the company can improve the lives of people with carotid artery disease.

Silk Road Medical Headquarter Location

735 Pastoria Ave

Sunnyvale, California, 94085,

United States

650-566-9060

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Expert Collections containing Silk Road Medical

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

Silk Road Medical is included in 2 Expert Collections, including Medical Devices.

M

Medical Devices

7,910 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

Silk Road Medical Patents

Silk Road Medical has filed 104 patents.

The 3 most popular patent topics include:

  • Vascular diseases
  • Arteries of the head and neck
  • Stroke
patents chart

Application Date

Grant Date

Title

Related Topics

Status

8/19/2019

4/5/2022

Arteries of the head and neck, Vascular diseases, Transcription factors, Interventional radiology, Medical equipment

Grant

Application Date

8/19/2019

Grant Date

4/5/2022

Title

Related Topics

Arteries of the head and neck, Vascular diseases, Transcription factors, Interventional radiology, Medical equipment

Status

Grant

Latest Silk Road Medical News

Silk Road Medical (SILK) Stock: Why The Price Grew 14.07% Today

May 3, 2022

The stock price of Silk Road Medical, Inc. (Nasdaq: SILK) increased by 14.07% today. This is why. The stock price of Silk Road Medical, Inc. (Nasdaq: SILK) – a company focused on reducing the risk of stroke and its devastating impact – increased by 14.07% today. Investors are responding positively to the company announcing that the U.S. Food and Drug Administration (FDA) approved expanded indications for the ENROUTE stent to include patients at standard risk for adverse events from carotid endarterectomy (CEA). Previously, the stent was approved for use only in patients with anatomic or physiological criteria that put them at high risk of complications from more invasive surgical procedures. Silk Road Medical had previously submitted a PMA supplement, which included data extracted from the Vascular Quality Initiative. And the surveillance data included in the submission represented real-world outcomes in 20,264 patients considered at standard surgical risk. Those data demonstrated that use of Silk Road Medical’s TCAR system is statistically non-inferior in stroke and death outcomes to CEA, while showing a ninefold reduction in cranial nerve injury (CNI) (2.7% vs 0.3%, p=<0.001). KEY QUOTES: “This is the first time in history that a stent-based approach has demonstrated non-inferiority in stroke and death rates relative to CEA, with our TCAR system offering the added benefit of significantly reduced cranial nerve injury risk. This label expansion levels a playing field once dominated by open surgical techniques, allowing an expanded number of patients and physicians access to the benefits of a less invasive treatment option.” – Erica Rogers, President and Chief Executive Officer of Silk Road Medical “Pairing the right patient with the right treatment results in significantly improved physician and patient experiences and outcomes. I speak for the vascular community in welcoming this label expansion for TCAR and recognizing this as a vital advancement in the treatment paradigm for patients at risk of stroke. The decision regarding which patients to treat with TCAR is no longer restricted to patients at high surgical risk, providing a greater opportunity for the care-team to pursue the less invasive approach for a broader set of their patients. At Beth Israel Deaconess, going forward, we expect that the right treatment for the majority of our atherosclerotic carotid disease patients will be TCAR.” – Dr. Marc L. Schermerhorn, Chief, Division of Vascular and Endovascular Surgery at Beth Israel Deaconess Medical Center Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.

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