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| [January 22, 2013] |
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"CardioLogical Solutions is 'accessorizing' a potential $3 billion market by making transcatheter aortic valve replacement (TAVR) 'truly nonsurgical and safer'"
LOS ALTOS, Calif. --(Business Wire)--
CardioLogical Solutions, an emerging cardiovascular device
company formed by the merger of Emboline and VasoStitch, and its
breakthrough platform of accessory devices for TAVR procedures, are
featured in the most recent issue of The Sentinel, a publication
of OneMedPlace.
Click
here to view feature story in The Sentinel
The large-hole access and closure technologies of VasoStitch and the
aortic embolic protection technologies of Emboline form the initial core
of a family of accessory devices offered by CardioLogical Solutions to
address the clinical needs of emerging interventional cardiology
procedures. Added to these is a novel approach to preventing contrast
nephropathy during cardiovascular procedures. The technologies of
CardioLogical Solutions are derived from intellectual property invented
by serial entrepreneur Amir Belson, M.D., founder of NeoGuide
Systems, Vascular Pathways, Zipline Medical, Thermocure
nd Radguard Medical.
"Recent developments in interventional cardiology have created
compelling opportunities for new types of procedural accessory devices,"
said Dr. Belson. "Specifically, the recent emergence of transcatheter
aortic valve replacement (TAVR) therapies has created a critical need
for non-surgical, large-hole (>12 Fr) access and closure technologies,
aortic embolic protection devices for prevention of stroke and other
ischemic complications, and prevention of contrast nephropathy. The
combined potential of these markets where there exists now a
strong clinical need is estimated at $2 to 3 billion annually, and this
is the immediate focus of CardioLogical Solutions."
"Merging these companies will both create cost-efficiencies and enhance
the value of the combined enterprise," added David W. J. Smith,
CardioLogical Solutions' CEO. "The broad portfolio of CardioLogical
Solutions represents the most comprehensive range of accessory products
for the TAVR community. Our technologies address the three biggest
clinical needs in TAVR, with superior technologies and a broad
intellectual property portfolio."
CardioLogical Solutions is currently in the advanced stages of raising a
Series B preferred round to achieve CE mark for the initial Emboline and
VasoStitch products, and proof-of-concept for its contrast nephropathy
technology. First commercial sales are estimated in the ninth calendar
quarter following close of funding, beginning with the European launch
of the first VasoStitch product, followed by the European launch of the
first Emboline device approximately six months later.
About CardioLogical Solutions Privately held CardioLogical
Solutions is an emerging medical technology company focused on
developing novel accessory devices for interventional cardiology
procedures. For example, the recent emergence of transcatheter aortic
valve replacement (TAVR) therapies has created a critical need for
non-surgical, large-hole (>12 Fr) access and closure technologies,
aortic embolic protection devices for prevention of stroke and other
ischemic complications, and prevention of contrast nephropathy. The
combined potential for these three markets where there exists now
a strong clinical need is estimated at $2 to 3 billion. CardioLogical
Solutions was founded by serial entrepreneur Amir Belson, M.D.
NOTICE: CardioLogical Solutions' products are not available for sale in
the United States.

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