Lutonix

Lutonix DCB is a new drug-coated balloon catheter that delivers paclitaxel to the arterial wall in a single, short inflation.

Business Model:

Revenue: $11.8M

Employees: 11-50

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Detailed Lutonix Information

Lutonix was acquired by C. R. Bard.
The acquisition happend on 2011-12-20.
Details of the transaction were not public

Acquirer

Geographic Data

Lutonix headquarters map

Address: 7351 Kirkwood Ln N

City: Maple Grove

State: MN

Zip: 55369

Country: US

Financial Info

Stage:

series c

Raised Last:

$10M

Raised Total:

$35M

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Description

Lutonix DCB is a new drug-coated balloon catheter that delivers paclitaxel to the arterial wall in a single, short inflation. Paclitaxel is an anti-proliferative drug commonly used to prevent arterial restenosis. Lutonix DCB is very similar to a standard angioplasty balloon, but contains a special coating consisting of paclitaxel and a proprietary carrier that facilitates the drug’s transfer to the arterial wall upon inflation. This highly efficient formulation allows Lutonix DCB to deliver a therapeutic dose to the artery wall, while keeping the dose of paclitaxel on the balloon as low as possible. A lower balloon drug load minimizes systemic drug exposure and is designed to maximize safety.

Contact Phone:
+17634452352

Contact Email:

Announced Date Company Transaction Money Raised
Announced Date Transaction Number of Investors Money Raised Lead Investors
10/2008 Series B 4 $20M Delphi Ventures
U.S. Venture Partners
RiverVest
Versant Ventures
Versant Ventures
Delphi Ventures
U.S. Venture Partners
RiverVest
Versant Ventures
Versant Ventures
12/2010 Series C $10M
4/2007 Series A $5M
Announced Date Name Price

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