December 06, 2016 5:42 AM ET

Healthcare Equipment and Supplies

Company Overview of Neuravi Limited

Company Overview

Neuravi Limited designs and develops clot retrieval devices for restoring blood flow in patients who have suffered ischemic strokes due to blockage of an artery to the brain. It offers EmboTrap revascularization devices for the treatment of acute ischemic strokes to patients in Belgium, Denmark, Finland, France, Germany, Ireland, Italy, the Netherlands, Norway, Spain, Sweden, and Switzerland. The company was incorporated in 2009 and is based in Galway, Ireland.

Parkmore Business Park West

Galway,  

Ireland

Founded in 2009

Phone:

353 9 139 4114

Fax:

353 9 139 4025

Key Executives for Neuravi Limited

Chief Executive Officer
Chief Technology Officer
Vice President of U.S. Sales and Marketing
Age: 57
Compensation as of Fiscal Year 2016.

Neuravi Limited Key Developments

Neuravi Reports EUR 15 Million in Venture Debt Financing from IPF Partners

Neuravi reported EUR 15 million in venture debt financing from IPF Partners. This financing allows Neuravi to invest in U.S. commercialization and stroke treatment portfolio expansion, building upon successful commercialization of the company's EmboTrap Revascularization Device in Europe and rapid progress enrolling the ARISE II U.S. pivotal study. The company said that landmark acute stroke clinical trials published in 2014 and 2015 demonstrating the superiority of stent retriever technology in treating large vessel strokes have driven a surge in the number of stent retriever procedures.

Neuravi Limited Presents at 2016 Canaccord Genuity Medical Technology & Diagnostics Forum, Nov-17-2016 04:40 PM

Neuravi Limited Presents at 2016 Canaccord Genuity Medical Technology & Diagnostics Forum, Nov-17-2016 04:40 PM. Venue: Westin Grand Central, 212 East 42nd Street, New York, New York, United States.

Neuravi Announces European Launch of EmboTrap II Stent Retriever for the Treatment of Acute Stroke

Neuravi announced Conformité Européenne (CE) Mark approval and launch of the company’s newly available enhancements to the EmboTrap stent retriever platform, the EmboTrap® II Revascularization Device. Adoption of endovascular stroke therapy procedures for the treatment of acute ischemic stroke continues to grow significantly following compelling data from multiple large-scale randomized trials last year. These trials confirmed the value of using stent retriever thrombectomy to rapidly clear occlusive clots from large cerebral vessels. The novel EmboTrap was fully commercialized in Europe last year, and with the introduction of the EmboTrap II, Neuravi is bringing further innovation to the market. The new device leverages the EmboTrap platform design, engineered to trap and remove a variety of clot types and rapidly re-establish flow, with an integrated fragment protection zone. The EmboTrapII device is designed to address a broader range of clot lengths, with sizes that are deliverable through an 0.021” microcatheter. Neuravi will be introducing the system at the 8th annual Congress of the European Society of Minimally Invasive Neurological Therapy in Nice, France, from September 8 to 10, 2016. The EmboTrap and EmboTrap II revascularization devices are available in Europe to treat patients with acute ischemic stroke. The EmboTrap is currently available for investigational use only in the U.S. under the ARISE II clinical trial, an international clinical trial assessing safety and effectiveness in the United States and Europe. Data from the trial will support a U.S. Food and Drug Administration (FDA) submission for approval to market the device in the United States.

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Recent Private Companies Transactions

Type
Date
Target
Private Placement
November 2, 2016
--
Private Placement
September 30, 2016
--
 

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