
Vimecon
Vimecon develops and produces laser catheters for the treatment of heart diseases with a focus on atrial fibrillation.
Date | Investors | Amount | Round |
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- | investor | €0.0 | round |
investor | €0.0 | round | |
investor investor investor | €0.0 | round | |
N/A | - | ||
Total Funding | 000k |
EUR | 2015 | 2016 | 2017 |
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Revenues | 0000 | 0000 | 0000 |
EBITDA | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 |
EV | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 |
Source: Company filings or news article
Vimecon GmbH, established in Herzogenrath, Germany in May 2005, operated in the medical device sector with a specific focus on treating cardiovascular diseases. The company concentrated on the development, manufacturing, and marketing of laser-based catheters and related components for cardiac applications, primarily for the treatment of atrial fibrillation. Its research and development efforts centered on laser-tissue interactions and the application of laser technology in producing medical devices. Vimecon's business model revolved around providing these specialized components and materials to healthcare institutions, aiming to enhance patient outcomes through advanced therapeutic products.
The company's journey included several funding rounds from various venture capital firms and institutional investors, including SHS Capital, S-UBG, Berlin Venture Partners, and a grant from the European Union in 2011. In the same year, Vimecon was recognized as one of the World's 50 Top Innovators in medical device development. The company was managed by individuals including Kai Ulf Markus, Stephan W. M. Mohren, and Carla Kikken-Jussen at different points in its history. Despite its efforts in developing proprietary technology, as evidenced by numerous patent applications for devices like laser applicators and ablation catheters, the company's operations ceased, leading to a bankruptcy and liquidation filing on February 5, 2019.
Keywords: medical devices, laser catheters, atrial fibrillation treatment, cardiovascular diseases, cardiac arrhythmia, laser-based medical products, therapeutic devices, healthtech, life sciences, medical components, laser-tissue interaction, catheter development, cardiac therapy, medtech, minimally invasive treatment, venture capital backed, German startup, Herzogenrath, Aachen, medical innovation