AV Medical
Dialysis Access Management Balloon Catheter
Company Overview
Snapshot
Founded in July 2012 by Michael Tal, AV Medical operated with 11–50 employees. The company was acquired by Medtronic in October 2019 for $30 million.
Business overview
AV Medical Technologies is a medical device company specializing in catheter-based interventions. The company develops and commercializes the Chameleon PTA balloon catheter, which incorporates Supervision technology to facilitate efficient angioplasty procedures for dialysis patients. This technology aims to enhance both patient and operator safety, serving the healthcare providers and hospitals within the medical devices sector.
Strategic signal
In October 2019, Medtronic PLC acquired AV Medical for $30 million. This acquisition highlights the strategic value of AV Medical's catheter technology for dialysis patients and signals Medtronic's intent to expand its offerings in the medical device market, leveraging AV Medical's products to reach a broader patient base globally.
Log in to access full profile ›Company Intelligence Q&A
- What was a significant corporate milestone for AV Medical?
- AV Medical was acquired by Medtronic in October 2019 for $30 million. The company continues to operate in Israel, with its employees integrating into Medtronic's local team.
- What is AV Medical's core product?
- AV Medical's flagship product is the Chameleon PTA balloon catheter, which utilizes Supervision technology. This catheter is designed for dialysis patients undergoing routine angioplasty procedures.
- When did AV Medical receive expanded FDA clearance for its Chameleon catheter?
- In August 2017, AV Medical's Chameleon PTA balloon catheter received FDA clearance for an expanded indication to include the infusion of diagnostic or therapeutic fluids. This followed an initial expanded FDA 510(k) clearance in February 2017.
- What is the primary application of the Chameleon catheter?
- The Chameleon catheter is primarily targeted for dialysis patients undergoing routine angioplasty procedures, facilitating efficient interventions and potentially enhancing patient and operator safety.
- Who founded AV Medical?
- AV Medical was founded by Michael Tal in July 2012.