
Radiaction Medical
Develops an innovative radiation shielding technology.
Date | Investors | Amount | Round |
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- | investor investor investor | €0.0 | round |
investor investor investor | €0.0 | round | |
investor | €0.0 | round | |
investor | €0.0 | round | |
* | $12.6m Valuation: $90.0m | Series C | |
Total Funding | 000k |
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Radiaction Medical is a pioneering medical device company specializing in radiation shielding solutions for interventional suites. The company operates in the healthcare sector, primarily serving hospitals and medical centers that perform fluoroscopy-guided interventional procedures. These procedures are a significant source of occupational ionizing radiation exposure for medical personnel. Radiaction Medical addresses this critical issue by developing advanced radiation shielding devices that protect entire medical teams from scattered radiation, thereby enhancing safety and reducing health risks associated with cumulative X-ray exposure.
The company's business model revolves around the design, manufacture, and sale of its innovative radiation shielding systems. Revenue is generated through direct sales to healthcare institutions and partnerships with medical equipment distributors. Radiaction Medical's products are designed to integrate seamlessly with existing fluoroscopic systems, providing a comprehensive solution that does not require significant changes to current medical practices.
Radiaction Medical operates in a highly specialized market with a growing demand for improved radiation protection measures. The company's technology not only mitigates the risk of malignancies and early cataract development but also addresses orthopedic issues caused by the heavy lead aprons traditionally used for radiation protection. By offering a more effective and user-friendly alternative, Radiaction Medical is well-positioned to capture a significant share of this niche market.
Keywords: radiation shielding, interventional suites, fluoroscopy, medical device, healthcare, occupational safety, ionizing radiation, X-ray exposure, medical personnel, innovative technology.