Vasolux Microsystems

Vasolux Microsystems develops optically based medical devices.

Business Model:

Revenue: $9.3M

Employees: 11-50

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Detailed Vasolux Microsystems Information

Geographic Data

Vasolux Microsystems headquarters map

Address: 151 Innovation Dr

City: Elyria

State: OH

Zip: 44035

Country: US

Financial Info

Stage:

seed

Raised Last:

$380k

Raised Total:

$380k

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Description

VasoLux MicroSystems, LLC (www.vasolux.com) has developed a novel diagnostic imaging system to help surgeons identify later-stage osteoarthritis patients who are best suited for cartilage repair procedures or joint replacement surgery. Osteoarthritis – a condition caused by the degradation of cartilage – is considered one of the leading causes of chronic disability worldwide and affects more than 20 million people in the U.S. alone. VasoLux’s technology quantitatively assesses the quality of cartilage, in vivo, in a non-destructive, minimally invasive procedure. Competing procedures and technologies, such as arthroscopy, MRI, CT, Ultrasound, OCT, and X-ray cannot provide physicians with an objective measurement capable of identifying the early progression of osteoarthritis, determining the true extent of a cartilage defect, or evaluating the quality of regenerated cartilage. Consequently, physicians lack the information needed to select the appropriate therapeutic intervention or revise their treatment plan if prior efforts have not reinvigorated the cartilage or prevented its degeneration. VasoLux’s diagnostic imaging system eliminates the subjective diagnoses of osteoarthritis, which in turn reduces inefficiencies in the health care system.

Contact Phone:
+14403664334

Contact Email:

Announced Date Company Transaction Money Raised
Announced Date Transaction Number of Investors Money Raised Lead Investors
7/2009 Seed Round 1 $380k JumpStart
JumpStart
Announced Date Name Price

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