Company Overview
Snapshot
Founded in May 2020 by Samantha Rush Soclof and Yevgeni Plotkin, SwiftDuct operates with 1–10 employees. The company has raised $800K across one funding round from MEDX Xelerator. In May 2024, SwiftDuct presented positive clinical study results for its SwiftGlide product at ESGE Days 2024.
Business overview
SwiftDuct is a Health Tech & Life Sciences company focused on developing novel medical devices for gastroenterology. The company's core technology includes the Swiftome and SwiftGlide, an endoscope system designed to provide fast and accurate access to the bile duct. This technology aims to improve the safety and efficiency of ERCP procedures, reduce post-procedural complications, and minimize radiation exposure for both patients and medical teams. SwiftDuct serves the healthcare industry, specifically targeting providers with its B2B business model.
Strategic signal
In May 2024, SwiftDuct announced positive clinical study results for its SwiftGlide product at ESGE Days 2024. This development is a significant validation of the company's technology, signaling to investors and innovation teams that SwiftDuct's solution for ERCP procedures is progressing through clinical development and demonstrating efficacy. Such positive outcomes are crucial for gaining market acceptance and driving future commercialization efforts in the medical device sector.
Company Intelligence Q&A
- What is SwiftDuct's primary focus?
- SwiftDuct focuses on developing a novel endoscope system to improve the safety and accuracy of ERCP (Endoscopic Retrograde Cholangiopancreatography) procedures, aiming to reduce post-procedural complications.
- When was SwiftDuct founded and by whom?
- SwiftDuct was founded in May 2020 by Samantha Rush Soclof and Yevgeni Plotkin.
- What significant clinical milestone did SwiftDuct achieve recently?
- In May 2024, SwiftDuct presented positive clinical study results for its SwiftGlide product, designed for ERCP procedures, at ESGE Days 2024.
- How much capital has SwiftDuct raised?
- SwiftDuct has raised a total of $800K in funding.
- Which investor participated in SwiftDuct's seed round?
- In October 2020, MEDX Xelerator invested in SwiftDuct as part of its seed funding round.