
Nectero Medical
Nectero Medical is working on an innovative treatment to stabilize growth and prevent rupture of mid-sized abdominal aortic aneurysms.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor | €0.0 | round |
investor investor | €0.0 | round | |
* | $96.0m | Series D | |
Total Funding | 000k |
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Nectero Medical is a pioneering company in the medical technology sector, focusing on the development of innovative treatments for abdominal aortic aneurysms (AAA). The company targets patients with mid-sized AAAs, providing a novel solution that stabilizes aneurysm growth and prevents rupture. Operating within the healthcare market, Nectero Medical's core product, the EAST Stabilizer, offers a safer and quicker alternative to traditional treatments such as Endovascular Aneurysm Repair (EVAR) and open surgical repair. The EAST Stabilizer is a localized drug delivery system that strengthens the vessel wall by cross-linking within the tissue, thereby reducing the risk of rupture. This single treatment procedure can be performed in under one hour, significantly shorter than the 3 to 4 hours required for EVAR and even longer for open surgical repair. Nectero Medical's business model revolves around providing this advanced medical solution to healthcare providers and patients, generating revenue through the sale and distribution of the EAST Stabilizer system. The company serves a niche market of patients who are under annual or semi-annual imaging protocols to monitor aneurysm growth until it reaches a critical size for treatment. By offering a less invasive and safer alternative, Nectero Medical aims to improve patient outcomes and reduce the need for more complex surgical interventions.
Keywords: abdominal aortic aneurysm, medical technology, EAST Stabilizer, localized drug delivery, vessel wall strengthening, healthcare, safer treatment, quicker procedure, aneurysm stabilization, innovative solution.