Medtech Startups: Stealth, Location, and Platform Tech

Medical Technology Startups Identified in the December 2006 MedMarkets (subscribers only).

In the December 2006 issue of MedMarkets, I note in my MedMarket Outlook column the common tendencies in the formation of medical technology startups in 2006. It should come as no surprise that central to many (though certainly not all) were the premises of stealth (staying under the radar), location (where are startups concentrated, as if it should be any surprise), and platform technologies, among others.

Here, for reference (or late Christmas present), are the companies identified in the December issue.

CompanyPrincipal(s)LocationProduct/TechnologyFounded
Carticept Medical, Inc.(Domain Associates, New Enterprise Associates)Alpharetta, GADevelopment and sales of therapeutically related medical devices2005
Forcept, Inc.John MaroneyMenlo Park, CAAssisted cautery/cutting systems for performing transvaginal hysterectomy2005
Internal Fixation Systems, Inc.Steve HernandezMedley, FLOrthopedic implants (e.g., bone screws)2006
I-Therapeutix, Inc.William H. Ransone IIWaltham, MAHydrogel sealant for use in ophthalmic surgery2006
iCardiac Technologies, Inc.Mikael Totterman, CEORochester, NYECG-based cardiac diagnostics and medical devices2006
NBI Development, Inc.UndisclosedChicago, ILSpinal neuromodulation devices2006
Optmed, LLCAlain KlapholzNew York, NYDeveloping “innovative medical technologies”2006
Safe Surgery Technologies LLCDavid MichelsonCheyenne, WYCapsulotomy cutting device2006
TriReme Medical, Inc.Eitan ConstantinoPleasanton, CAApparatus and methods for delivering prostheses to luminal bifurcations2005
Vertebral Technologies, Inc.Jeffrey Felt, CEOMinnetonka, MNBiocompatible polymers for joint restoration in the spine2005

Carticept Medical, Inc. (Alpharetta, GA; http://carticept.com [under construction])
Forcept, Inc. (Menlo Park, CA; no URL)
Internal Fixation Systems, Inc. (Medley, FL; no URL)
I-Therapeutix, Inc. (Waltham, MA;
http://itherapeutix.com)
iCardiac Technoloigies, Inc. (Rochester, NY;
http://icardiac.com)
NBI Development, Inc. (Chicago, IL;
http://nbidevelopment.com [under construction])
Optmed, LLC (New York, NY;
http://optmed.net)
Safe Surgery Technologies LLC (Cheyenne, WY; no URL)
TriReme Medical, Inc. (Pleasanton, CA; no URL)
Vertebral Technologies, Inc. (Minnetonka, MA; no URL)

Tags: medtech, startups

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