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Architects: Small & Medium Size Business (SMBs), Product Development, De-Risking, Validation, Building Niche & Emerging Markets
*Architects: Surgical Technology _ Cardiovascular, Cardiac & Cardiology Companies
VasoStar
Parents
*Architects: Surgical Technology _ Cardiovascular, Cardiac & Cardiology Companies
*Industry: Ohio
Eight Ohio biomedical companies get $8M in Third Frontier grants (2011)
Frantz Medical Ventures
Third Frontier Project (TFP)
Venture Capital: Angel, Seed & Incubator Series
Children
Founded 2008
Guide wire system designed to help cardiologists penetrate blood-vessel blockage to place stents in the heart
In addition to the Third Frontier grant, the company has received grant support from Cleveland Clinic’s Global Cardiovascular Innovation Center and the National Institutes of Health.
Mentor, Ohio
The company thinks its device could provide a less-invasive and safer option to coronary artery bypass grafting (CABG), a procedure that can become necessary when plaque builds up in a patient’s blood vessels and reduces blood flow to the heart.
VasoStar was to license its core technology from an Israeli company
VasoStar’s technology adds a high-frequency vibration at the end of the guidewire near the CTO, which allows the clinician to turn on the device for more force and tapping frequency.
VasoStar’s technology is designed to break through plaque formations called chronic total occlusions (CTOs) to place stents.
VasoStar’s vibrating guidewire takes aim at coronary artery blockages (2011)
When the guidewire has penetrated through the CTO, the physician can turn off the electromagnetic power source and continue the procedure using the same guidewire to position balloons and stents.
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Cleveland Clinic: 22 hospitals -#4-US News, 5,106 Beds