AV Medical
Dialysis Access Management Balloon Catheter
Company Overview
Snapshot
Founded in July 2012 by Michael Tal, AV Medical operates with 11–50 employees. The company was acquired by Medtronic in October 2019, marking a significant exit in the medical device sector.
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 its proprietary Supervision technology. This product is specifically designed for dialysis patients undergoing routine angioplasty procedures, aiming to facilitate efficient procedures and enhance patient and operator safety. AV Medical primarily serves the healthcare industry, focusing on medical devices within the Health Tech & Life Sciences sector.
Strategic signal
In October 2019, AV Medical was acquired by Medtronic for $30 million. This acquisition highlights the strategic value of AV Medical's Chameleon angioplasty balloon catheter technology within the medical device market, signaling Medtronic's interest in expanding its portfolio of catheter-based interventions for dialysis access management.
Company Intelligence Q&A
- What is AV Medical's primary product?
- AV Medical's primary product is the Chameleon PTA balloon catheter, which features Supervision technology and is designed for dialysis patients undergoing angioplasty procedures.
- When did AV Medical receive FDA clearance for its Chameleon Angioplasty Balloon Catheter?
- AV Medical Technologies Ltd. received FDA clearance for its Chameleon Angioplasty Balloon Catheter in October 2015.
- When did AV Medical announce its initial experience in the U.S. with the Chameleon PTA Balloon Catheter?
- AV Medical announced its initial experience in the U.S. with its Chameleon PTA Balloon Catheter in July 2016.
- When did AV Medical win expanded FDA 510(k) clearance for the Chameleon PTA balloon catheter?
- AV Medical won expanded FDA 510(k) clearance for its Chameleon PTA balloon catheter in February 2017.
- When was AV Medical acquired and by whom?
- AV Medical was acquired by Medtronic in October 2019 for $30 million.