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Novian Health logo — A LEADING COMPANY IN IMAGE-GUIDED LASER TUMOR THERAPY

Novian Health

A LEADING COMPANY IN IMAGE-GUIDED LASER TUMOR THERAPY

Founded 1991 United States Chicago, United States 9 employees Convertible Note Total: $29.70M Health Care, Health and Wellness +1

General Information

Company Name Novian Health
Founded Year 1991
Location United States Chicago, United States +2
Founders / Decision Makers
Team member
Employees 9
Industries Health Care, Health and Wellness, Medical Devices
Funding Stage Convertible Note
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About Novian Health

Novian Health, a leading company in image-guided laser tumor therapy, is a late-stage development medical device company based in Chicago, with a subsidiary, Novian Health SAS, in France. The company has pioneered Novilase, a minimally invasive alternative to lumpectomy for the treatment of breast tumors using Interstitial Laser Therapy (ILT). Novilase has received a CE Mark for focal destruction of malignant and benign breast tumors, making it the first thermal ablation device to be approved for breast cancer. Novian Health's innovative technology enables breast surgeons and radiologists to ablate tumors with image-guided laser therapy, offering significant advantages over surgery, including fewer retreatments, quicker recovery, less pain and fatigue, minimal scarring, and only requiring local anesthesia. The company is set to conduct a multicenter pivotal trial to evaluate Novilase® laser therapy as a treatment for early-stage breast cancer and will seek U.S. market clearance for the focal destruction of malignant tumors. Novian is also planning to begin commercialization in Europe. With U.S. FDA 510(k) clearance for the treatment of fibroadenomas and ablation of soft tissue, Novian Health has initiated a registry to collect additional information on benign breast tumors treated at centers around the U.S. The company recently secured a $5.00M convertible note investment on July 28, 2021, indicating continued financial backing for its innovative medical solutions. Novian Health's commitment to revolutionizing breast tumor treatment makes it a promising investment prospect in the Health Care industry. For more information, visit: www.novianhealth.com and www.novilase.com. Overall, Novian Health's cutting-edge technology and growing recognition from regulatory bodies position it as an attractive investment opportunity in the evolving landscape of medical innovation.

Taxonomy: Cancer Treatment, Minimally Invasive Surgery, Interstitial Laser Therapy, Breast Tumor Therapy, FDA Clearance, Clinical Trials, CE Mark, Percutaneous Procedure, Tumor Ablation, Image-Guided Therapy, Health Technology, Multicenter Trial, Regulatory Approval, Medical Innovation

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Convertible Note •••••• - 28 Jul 2021
Venture Round •••••• - 16 Jan 2015
Series A •••••• 1 •••• •••• 26 Jan 2014
Series A •••••• 1 •••• •••• 03 Feb 2013

Novian Health Alternatives & Competitors

Novian Health vs
Sanarus Technologies
Sanarus Technologies United States

Sanarus has developed, patented, and tested a proprietary minimally invasive breast therapy system....

Series E
9 employees
Health Care, Women's Health
Compare Novian Health vs Sanarus Technologies
Novian Health vs
RITA Medical Systems, Inc
RITA Medical Systems, Inc

Leading the fight against tumors with pioneering radiofrequency ablation technology

Private Equity
Health Care, Information Technology
Novian Health vs
Clinical Laserthermia Systems AB (CLSB)
Clinical Laserthermia Systems AB (CLSB)

When precision matters

Grant
20 employees
Biotechnology, Health and Wellness
Also compare with: Novian Health vs IceCure Medical IceCure Medical

FAQ About Novian Health

A LEADING COMPANY IN IMAGE-GUIDED LASER TUMOR THERAPY
Novian Health was founded in 1991.
Novian Health is headquartered in Chicago, United States.
Novian Health operates in the following industries: Health Care, Health and Wellness, Medical Devices.
Novian Health has approximately 9 employees.
Novian Health has completed 4 funding rounds, raising a total of $29.70M. The latest funding stage is Convertible Note.
Top alternatives and competitors to Novian Health include Sanarus Technologies, RITA Medical Systems, Inc, Clinical Laserthermia Systems AB (CLSB), IceCure Medical, GeneMedicine. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Novian Health and Sanarus Technologies are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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