Bloomberg the Company & Products

Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

May 05, 2015 8:29 AM ET

Healthcare Equipment and Supplies

Company Overview of Svelte Medical Systems, Inc.

Company Overview

Svelte Medical Systems, Inc. designs and develops balloon expandable stents for the treatment of atherosclerosis. It develops an integrated delivery system that navigates coronary arteries like a guide wire, as well as simplifies the stenting procedure. The company also develops drug-eluting stents. Its markets its products in the European Union; and selected South American countries, such as Brazil. Svelte Medical Systems, Inc. was founded in 2007 and is based in New Providence, New Jersey.

675 Central Avenue

Suite 2

New Providence, NJ 07974

United States

Founded in 2007





Key Executives for Svelte Medical Systems, Inc.

Chief Executive Officer, President and Director
Chief Operating Officer
Vice President of Quality Assurance
European Business Director
Vice President of Operations
Compensation as of Fiscal Year 2014.

Svelte Medical Systems, Inc. Key Developments

Svelte Medical Systems, Inc. Welcomes Richard Dakers to Board of Directors

Svelte Medical Systems, Inc. welcomed Richard Dakers of the Gary and Mary West Health Investment Fund to its board of directors.

Svelte Medical Systems and Asahi Intecc USA Sign Manufacturing and Co-Branding Deal

Svelte Medical Systems and Asahi Intecc reported that Svelte and Asahi Intecc USA., a subsidiary company of Asahi Intecc, executed formal agreements relating to the manufacture and co-branding of the Svelte drug-eluting coronary stent fixed wire Integrated Delivery System (IDS). The collaboration will feature ASAHI's ACTONE wire technology in the design, development and supply of core wire and coil assemblies for the Svelte IDS.

Svelte Medical Systems Announces Completion of Six-Month Follow-Up in the Direct II Drug-Eluting Stent Study

Svelte Medical Systems announced completion of primary endpoint 6-month follow-up in DIRECT II (Direct Implantation of Rapamycin-Eluting stents with bioresorbable drug Carrier Technology), a prospective, randomized, multi-center clinical study comparing the safety and efficacy of the Svelte drug-eluting coronary stent Integrated Delivery System (IDS) to Medtronic's Resolute Integrity(TM) drug-eluting stent. DIRECT II builds upon the positive results of the DIRECT I first-in-man study where the Svelte drug-eluting coronary stent IDS continues to demonstrate durable outcomes with 0% clinically-driven MACE reported through 2-years. Providing the lowest crimped stent profile on the market, the Svelte IDS facilitates use of the trans-radial approach and 'slender' stenting while minimizing procedure time and cost. The IDS combines a thin-strut cobalt chromium stent with a fully bioresorbable drug carrier made of amino acids found naturally in the human body and the well-studied compound sirolimus (rapamycin) mounted on an integrated-wire delivery system. The system also incorporates proprietary Balloon Control Band (BCB) technology providing uniform and controlled balloon growth, even at high pressures, to safely perform direct stenting as well as high-pressure post-dilatation. The DIRECT II study enrolled 159 patients at 18 clinical sites in Europe to assess the primary endpoints of Target Vessel Failure (TVF) and in-stent Late Loss (LL). All patients were scheduled to receive 6-month clinical and angiographic follow-up, with clinical follow-up continuing through 5-years, with a subset of patients receiving optical coherence tomography (OCT) imaging at 6-months.

Similar Private Companies By Industry

Company Name Region
Icon Wheelchairs Inc. United States
Fabrication Enterprises, Inc. United States
Cardiac Surgical Devices, Inc. United States
Flamingo Anesthesia Associates, Inc. United States
Solesis Medical Technologies United States

Recent Private Companies Transactions

No transactions available in the past 12 months.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
Greater Houston Partnership United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Svelte Medical Systems, Inc., please visit Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at