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July 03, 2015 6:29 PM ET

Healthcare Equipment and Supplies

Company Overview of 480 Biomedical, Inc.

Company Overview

480 Biomedical, Inc. focuses on the development of a bioresorbable scaffold for treating occlusive disease in the superficial femoral artery (SFA). Its lead product, SFA scaffold, is a proprietary scaffold and delivery system for use in treating peripheral arterial disease in the SFA. The company was founded in 2011 and is based in Watertown, Massachusetts.

480 Arsenal Street

Watertown, MA 02172

United States

Founded in 2011

Phone:

617-393-4600

Key Executives for 480 Biomedical, Inc.

Chief Executive Officer and Member of The Board of Directors
Age: 68
Co-Founder and Chairman of The Board
Co-Founder and Member of The Board of Directors
Age: 76
Co-Founder and Member of The Board of Directors
Age: 67
Vice President of Operations
Compensation as of Fiscal Year 2015.

480 Biomedical, Inc. Key Developments

480 Biomedical Wins $1 Million Phase II Nhlbi Contract to Advance Bioresorbable Scaffold for Pediatric Pulmonary Artery Stenosis

480 Biomedical, Inc. announced that it has been awarded Phase II funding from the National Heart, Lung, and Blood Institute to continue the development of a bioresorbable, self-expanding scaffold to treat pediatric pulmonary artery stenosis. The product aims to address the serious challenges in treating cardiovascular stenosis in children with growing blood vessels. The scaffold's unique design has the strength of a balloon-expandable metal stent to keep vessels open for an extended period before safely resorbing. The scaffold can also be delivered through a small catheter, which is essential for treating a pediatric population. This latest $1 million round of funding will be used to further refine the design of the product and conduct preclinical testing.

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Recent Private Companies Transactions

Type
Date
Target
Private Placement
June 1, 2015
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