About half of all strokes could be caused by a narrowing of the carotid artery – the pipeline that ushers blood flow through the neck and to the brain. The Bay Area’s Silk Road Medical may have found a less-invasive way to increase the blood flow to the brain, using traditional stenting concepts but kicking ‘em up a notch.
To do so, Silk Road has just raised $15 million from four investors as part of a $22.5 million round, according to regulatory filings. This brings total investment in the company, founded in 2007, to more than $50 million. The company has listed Warburg Pincus and The Vertical Group as its main investors, though more are clearly involved.
The company has got a “transcarotid stent” that’s equipped with what’s called dynamic flow reversal, a mechanism that protects the brain by temporarily redirecting blood flow away from the brain while the stent is being inserted. It also carries away debris that’s inadvertently created during the procedure, Silk Road said, trapping it in a filter outside the body.
Read more: http://medcitynews.com/2014/08/silk-road-medical-raising-22-5-million-less-invasive-stroke-preventing-stent/#ixzz3B4aylzLz
Stent-maker Silk Road Medical in the stroke prevention biz; raising $22.5 million
Via: Med City News
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