February 26, 2015 8:34 PM ET

Healthcare Equipment and Supplies

Company Overview of NeoChord, Inc.

Company Overview

NeoChord, Inc., a medical device company, focuses on minimally invasive mitral valve repair solutions. It develops a proprietary device that allows mitral valve repair to be performed on a beating heart through a two to three inch incision between the ribs in patients with severe, degenerative mitral valve regurgitation. The company offers NeoChord DS1000, a disposable device that is intended to replace damaged chordae by delivering artifical chordae tendinae or "neochords" in a beating heart. It primarily serves customers in Europe. The company was founded in 2007 and is based in Eden Prairie, Minnesota.

7700 Equitable Drive

Suite 206

Eden Prairie, MN 55344

United States

Founded in 2007

Phone:

952-698-7800

Fax:

952-467-6077

Key Executives for NeoChord, Inc.

Chief Executive Officer and President
Age: 47
Contract Chief Financial Officer
Vice President of Research and Development
Director of Quality
Professional Advisor
Compensation as of Fiscal Year 2014.

NeoChord, Inc. Key Developments

Neochord, Inc. Announces Management Changes

NeoChord, Inc. announced appointment of David H. Chung as President and CEO, effective immediately, replacing John Seaberg, who resigned. NeoChord also announced that Michael Fulton has been elected as Chairman of the Board. Most recently, David Chung served as Chief Commercial Officer at AcelRx Pharmaceuticals, Inc. Michael Fulton is a Managing Director at Hopen Life Science Ventures, has over twenty years of experience in the life sciences.

NeoChord Inc. Closes $3 Million Credit Facility with Square 1 Bank

NeoChord Inc. announced that on September 9, 2013, the company closed on a $3 million credit facility with Square 1 Bank.

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Recent Private Companies Transactions

Type
Date
Target
Private Placement
February 2, 2015
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