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Advanced Catheter Therapies

Advanced Cardiac Therapies lands $45m round led by new PE shop Ajax Health

May 2, 2017 By Brad Perriello

Ajax Health, the medical device portfolio management company newly formed by KKR and Aisling Capital, led a $45 million round for Advanced Cardiac Therapeutics and the next-generation ablation catheter it’s developing. Earlier today the private equity giants launched tapped Spirox chairman & CEO Duke Rohlen to lead Ajax Health. Rohlen, the former president of FoxHollow Technologies and the founder & former chief executive of […]

Filed Under: Cardiovascular, Catheters, Funding Roundup, Wall Street Beat Tagged With: Advanced Catheter Therapies, ajaxhealth, New Enterprise Associates, questa

Advanced Catheter Therapies inks deal with Toray Industries for peripheral catheter

April 19, 2016 By Brad Perriello

Advanced Catheter Therapies said today that it inked a worldwide license deal with Toray Industries for the manufacture and sale of ACT’s Occlusion Perfusion Catheter for peripheral vascular stenosis and restenosis. Chattanooga, Tenn.-based ACT said it’s been manufacturing the OPC device for about a year for clinical trials and a test release. “Our 1st-in-human clinical trials have been very […]

Filed Under: Vascular Tagged With: Advanced Catheter Therapies, Peripheral, Toray Industries

Advanced Cath. pulls down 2nd 510(k) for Occlusion Perfusion catheter

September 23, 2015 By Fink Densford

Advanced Catheter Therapies said today it won a 2nd FDA 510(k) for its Occlusion Perfusion catheter, covering a new range of sizes for the device. The OPC is a multi-lumen balloon catheter designed to occlude vessels for the local delivery of therapeutic agents, the Chattanooga, Tenn.-based company said. “ACT is very excited about this second […]

Filed Under: 510(k), Catheters, Food & Drug Administration (FDA), Regulatory/Compliance Tagged With: Advanced Catheter Therapies

Wearable Intelligence pursues $8.4 million in support of its hospital Google Glass platform | Medtech funding for the week of August 25, 2014

August 29, 2014 By MassDevice Leave a Comment

Wearable Intelligence raises $8M for healthcare Google Glass

August 22, 2014 by Arezu Sarvestani

Wearable Intelligence raises $8M for healthcare Google Glass

Filed Under: Funding Roundup, News Well Tagged With: Advanced Catheter Therapies, Advanced Cooling Therapy, Healthsense Inc., Mansa Capital, PricewaterhouseCoopers (PwC), Wearable Intelligence

Advanced Catheter Therapies boosts funding to $4.5M amid high interest

August 26, 2014 By Arezu Sarvestani Leave a Comment

Advanced Catheter Therapies boosts funding to $4.5M amid high interest

Tennessee-based medical device maker Advanced Catheter Therapies pushed the cap on its Series B funding round after generating more interest that it expected.

The company is now looking to raise $4.5 million where it had previously sought $3 million in support of its catheter-based endovascular drug delivery technology.

Filed Under: Catheters, Funding Roundup, News Well Tagged With: Advanced Catheter Therapies

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