CorAct Advanced Technologies
Cardiac Assist Device
Company Overview
Snapshot
Founded in January 2009, CorAct Advanced Technologies operates with 1–10 employees. The company is currently non-active, having ceased operations in June 2022.
Business overview
CorAct Advanced Technologies is a Health Tech & Life Sciences company focused on developing a fully implantable, self-sustaining, blood-contact-free cardiac assist device (CAD). This medical device is designed to provide life-supporting therapy for patients suffering from end-stage congestive heart failure by assisting the heart in completing its contraction cycle in synchronization with the patient's heart rate, enhancing physiological contractility. The company operates within the medical devices sector, specifically targeting medical treatment and therapeutics, and serves the healthcare industry globally.
Company Intelligence Q&A
- What is CorAct Advanced Technologies' primary focus?
- CorAct Advanced Technologies is focused on developing a fully implantable, self-sustaining, blood-contact-free cardiac assist device (CAD) for patients with end-stage congestive heart failure.
- When was CorAct Advanced Technologies founded?
- CorAct Advanced Technologies was founded in January 2009.
- What is the operational status of CorAct Advanced Technologies?
- CorAct Advanced Technologies is currently non-active, having ceased operations in June 2022.
- What technology does CorAct Advanced Technologies utilize in its cardiac assist device?
- The company's cardiac assist device utilizes a hydromechanical system designed to assist the heart by compressing its outer layer to enhance physiological contractility.
- In which sector does CorAct Advanced Technologies primarily operate?
- CorAct Advanced Technologies primarily operates in the Health Tech & Life Sciences sector, specifically within Medical Devices and Medical Treatment & Therapeutics.