Vascular Magnetics logo — Pioneering targeted drug delivery for innovative peripheral...

Vascular Magnetics

Pioneering targeted drug delivery for innovative peripheral artery disease therapy.

Founded 2010 Series A Total: $7.00M Biotechnology, Health Care

General Information

Company Name Vascular Magnetics
Founded Year 2010
Industries Biotechnology, Health Care
Funding Stage Series A
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About Vascular Magnetics

Vascular Magnetics is a biotechnology startup that is pioneering targeted drug delivery for innovative peripheral artery disease therapy. The company, founded in 2010, is focused on magnetically targeting drug-loaded biodegradable particles to develop Vascular Magnetic Intervention (VMI), an innovative therapy for peripheral artery disease (PAD). PAD is a prevalent chronic condition marked by the obstruction (stenosis) of the arteries in the legs. Their Series A investment of $7.00M was received on 22 February 2012 from Devon Park BioVentures. This investment signifies the confidence of the venture capital firm in the potential of Vascular Magnetics' technology and the value it could bring to the biotechnology and healthcare industries. The company has the opportunity to address a significant unmet need in the treatment of PAD, offering promising prospects for future growth and market impact. The approach of utilizing magnetically targeted drug delivery for PAD holds the potential to revolutionize the therapeutic landscape in vascular health and presents an intriguing investment opportunity for venture capitalists seeking to support groundbreaking medical advancements.

Taxonomy: Targeted drug delivery, Peripheral artery disease, Vascular Magnetics Inc., Vascular Magnetic Intervention, Therapy development, Innovative medical technology

Funding Rounds & Investors (1)

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Funding Stage Amount Investors Lead Investors Date
Series A •••••• 1
Investor
22 Feb 2012

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FAQ About Vascular Magnetics

Pioneering targeted drug delivery for innovative peripheral artery disease therapy.
Vascular Magnetics was founded in 2010.
Vascular Magnetics operates in the following industries: Biotechnology, Health Care.
Vascular Magnetics has completed 1 funding round, raising a total of $7.00M. The latest funding stage is Series A.
Top alternatives and competitors to Vascular Magnetics include Pacific Vascular, Inc., Proteon Therapeutics, R3 Vascular Inc., Modern Vascular, Cagent Vascular. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Vascular Magnetics and Pacific Vascular, Inc. 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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