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September 01, 2015 6:31 PM ET

Healthcare Equipment and Supplies

Company Overview of Sequent Medical, Inc.

Company Overview

Sequent Medical, Inc., a medical device company, develops catheter-based devices for neurovascular specialists and their patients. The company develops WEB Aneurysm Embolization System, a platform that advances therapeutic options for ruptured and un-ruptured cerebral aneurysms. It serves customers in Europe and other countries. Sequent Medical, Inc. was incorporated in 2006 and is based in Aliso Viejo, California with operations in Bonn, Germany.

11A Columbia

Aliso Viejo, CA 92656

United States

Founded in 2006

Phone:

949-830-9600

Fax:

949-830-9658

Key Executives for Sequent Medical, Inc.

Chief Executive Officer, President and Director
Age: 51
Founder and Chairman
Founder, Chief Technology Officer, Vice President and Director
Chief Financial Officer and Vice President
Age: 60
Vice President of Quality Assurance & Regulatory Compliance
Compensation as of Fiscal Year 2015.

Sequent Medical, Inc. Key Developments

Sequent Medical Appoints R. Michael Kleine to its Board of Directors

Sequent Medical announced that R. Michael Kleine has joined its board of directors. Mr. Kleine is currently President and Chief Executive Officer of Miramar Labs, Inc.

Sequent Medical Announces Approval to Utilize Latest Generation WEB Devices in U.S. IDE Study

Sequent Medical announced that the U.S. Food and Drug Administration has approved the inclusion of the SL ("Single Layer") family of WEBTM Aneurysm Embolization Device devices for use in its U.S. Investigational Device Exemption ("IDE") clinical study called WEB-IT. Patient enrollments in WEB-IT have already been completed utilizing the SL family. Compared to previous versions of the WEB device family, the SL family offers a lower delivery profile, improved navigability, and enhanced visualization. The SL configurations are made possible by further advancement of Sequent Medical's proprietary MicroBraid TM technology. The SL family consists of two separate product configurations, the WEB SL and WEB SLS, each with a distinct shape designed to accommodate varying aneurysm morphologies.

Sequent Medical, Inc. Announces Prospective Clinical Data on Web Aneurysm Embolization System

Sequent Medical, Inc. announced the presentation of results from WEBCAST, a prospective study of the WEB Aneurysm Embolization System at the European Society of Minimally Invasive Neurological Therapy (ESMINT) Congress. The study examined safety and aneurysm occlusion rates in 51 patients with complex wide neck bifurcation aneurysms treated with the WEB across ten European centers. The study met the primary efficacy endpoint demonstrating 85.4% adequate and stable occlusion without retreatment at six months follow-up. The study also demonstrated good safety at thirty days and six months, with 0% procedure-related morbidity and mortality. These encouraging results add to a growing body of clinical evidence for the WEB including the recently initiated WEB-IT Investigational Device Exemption study in the United States, two ongoing European prospective, multicenter studies fifteen peer-reviewed clinical publications, and nearly 1,000 patients treated with the WEB.

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