October 22, 2017 12:08 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. As of April 10, 2017, Neuravi Limited operates as a subsidiary of DePuy Ireland Unlimited Company.

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: 58
Compensation as of Fiscal Year 2017.

Neuravi Limited Key Developments

Neuravi Limited Presents at BioCapital Europe 2017, Mar-15-2017 03:20 PM

Neuravi Limited Presents at BioCapital Europe 2017, Mar-15-2017 03:20 PM. Venue: Sofitel Legend Amsterdam The Grand, Oudezijds Voorburgwal 197, 1012 EX Amsterdam, Netherlands.

Neuravi Announces Completion of Patient Enrollment in Clinical Trial of a Novel Stent Retriever for Acute Ischemic Stroke

Neuravi announcedcompletion of enrollment in the company’s international clinical trial assessing the safety and effectiveness of the EmboTrap®II Revascularization Device, an advanced stent retriever platform for the treatment of acute ischemic stroke. Data from the pivotal study, called ARISE II (Analysis of Revascularization in Ischemic Stroke with EmboTrap), will be submitted as part of an application to U.S. Food and Drug Administration (FDA) for market clearance of the device in the United States. The ARISE II study enrolled 228 patients in 19 enrolling sites across the United States and Europe. Sam Zaidat, M.D., Stroke and Neuroscience Medical Director of St. Vincent Mercy Hospital in Toledo, Ohio, is the study’s principal investigator. The study enrolled ahead of schedule, with enrollment led by Dr. Hormozd Bozorgchami’s team at Oregon Health Sciences University in Portland and Dr. Marc Ribo’s team at Vall d’Hebron in Barcelona. The EmboTrap platform is designed to restore blood flow to the brain by retrieving and retaining clot with a proprietary dual-layer stent-like structure.

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.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
April 10, 2017
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Private Placement
November 2, 2016
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