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Compare IDev Technologies vs Svelte Medical Systems

Customers evaluate the quality of IDev Technologies's products using the following success metrics.

Overview

IDev Technologies is 18 yrs old and is based in United States.

IDev Technologies is a medical device company engaged in the development and commercialization of a woven nitinol wire, self expanding stent for treatment of peripheral arterial stenosis. IDEV Technologies' products include SUPERA Veritas, a self-expanding nitinol stent system with CE Mark in Europe for treating blockages in blood vessels due to peripheral artery disease (PAD). Stents are used to prop open a blocked vessel and prevent re-blockage. With its proprietary interwoven wire technology, SUPERA Veritas is designed based on biomimetic principles – attempting to mimic the body's natural movement – to promote blood flow in the treated area while offering strength and flexibility. These properties are particularly important when considering treatment for blockages in the blood vessels in the thigh and knee where rapid and frequent movement occurs with daily activities such as walking, sitting and standing. In August 2013, IDev Technologies was acquired by Abbott Laboratories. The valuation of IDev Technologies was $310 million. Other terms of the deal were not released.

Svelte Medical Systems is 17 yrs old and is based in United States.

Svelte Medical Systems is engaged in the development of highly deliverable balloon expandable stents. The Svelte IDS is designed to realize the clinical, time and cost-savings benefits of direct stenting in a single platform. Svelte is developing a Sirolimus eluting stent that has non-inflammatory properties, potentially making it less irritating to the vessel lining than stents with typical polymeric coatings. The Svelte DES is being developed to have the same drug release kinetics as the market leaders while potentially minimizing inflammation in the vessel to reduce the need for long term dual anti-platelet therapy.

Country

United States

Demo Video

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Leadership

Dennis Donohoe (Chief Medical Officer)

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Jack A Darby (Chief Executive Officer, President)

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Funding

Svelte Medical Systems last raised $5.45M on 5/6/2021.

Stage

Unattributed VC

Total Raised

Investors

Abbott, RiverVest Venture Partners

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CNF Investments, New Science Ventures

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Product

Benefits

Products

Customers

Known Partners

Why They Buy

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