Protaryx Medical

Protaryx Medical

Innovative transseptal access device for efficient, minimally invasive left heart therapies. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
$33—50m (Dealroom.co estimates Jun 2020.)
Baltimore Maryland (HQ)
  • Edit
DateInvestorsAmountRound
N/A

$3.2m

Seed

$8.3m

Series A
Total Funding$11.5m

Recent News about Protaryx Medical

Edit
More about Protaryx Medicalinfo icon
Edit

Protaryx Medical is a startup operating in the healthcare sector, specifically in the development of medical devices. The company is focused on creating a unique transseptal access device, a tool used to cross the atrial septum of the heart. In simpler terms, this device allows doctors to access the left side of the heart in a less invasive way, using a catheter. This is particularly useful in performing left heart interventional therapies, a type of treatment for heart diseases.

The company's primary clients are likely to be healthcare providers, including hospitals and clinics that perform heart procedures. By streamlining the workflow and making the procedure less invasive, Protaryx's device could potentially reduce operation times and improve patient outcomes, making it an attractive proposition for these institutions.

Protaryx operates in the medical device market, a highly competitive and regulated industry. The company's business model is likely based on the development, production, and sale of its transseptal access device. However, it's important to note that the device is currently not for sale or use anywhere in the world, suggesting that it is still in the development or regulatory approval stage.

In terms of revenue, once the device is approved for use, Protaryx would generate income from the sale of these devices to healthcare providers. The company's financial success would then depend on the device's market acceptance, its effectiveness compared to other similar devices, and the company's ability to scale production to meet demand.

Keywords: Medical Device, Transseptal Access Device, Heart Interventional Therapies, Healthcare Providers, Workflow Efficiency, Minimally Invasive, Left Atrium Access, Innovation, Development Stage, Regulatory Approval.

Tech stack

Group
Tech stackLearn more about the technologies and tools that this company uses.