Elixir Medical Corporation
Latest round
- Series A
Last raised
- Mar 2005
Total raised
- $5.3M
Investors
- 1
About Elixir Medical Corporation
Elixir Medical Corporation develops advanced medical devices aimed at improving vascular interventions. The founder, Mahmoud Hanbazazah, has experience in medical technologies, enhancing the company’s strategic direction.Elixir Medical specializes in developing disruptive medical technologies focused on vascular interventions. Key products include the DynamX Sirolimus Eluting Coronary Bioadaptor System and the DESyne X2 Novolimus Coronary Stent System, designed to enhance treatment of coronary artery disease. The DynamX system's unique bioadaptive design promotes optimal arterial healing and minimizes adverse events.Elixir Medical generates revenue through direct sales of its medical devices to healthcare providers and hospitals, utilizing partnerships with distributors and medical device wholesalers. The business model operates on a B2B basis, where products like the DynamX Coronary Bioadaptor System are purchased for interventional cardiology use. Revenue is derived from product sales and agreements that often include training provisions for medical staff, thus fostering integration of Elixir’s technologies in clinical practices. The company aims to expand its market reach into additional regions, specifically targeting healthcare providers in Asia by 2025.
Who invested in Elixir Medical Corporation
1 investor across 1 round
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Funding rounds
Series A
Mar 18, 2005
Amount
$5.3M
Investors
Questions about Elixir Medical Corporation
Who invested in Elixir Medical Corporation?
Elixir Medical Corporation has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Elixir Medical Corporation raised?
Elixir Medical Corporation has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Elixir Medical Corporation last raise money?
Elixir Medical Corporation's most recent round on record is a Series A, in Mar 2005.
What does Elixir Medical Corporation do?
Elixir Medical Corporation develops advanced medical devices aimed at improving vascular interventions.
Where is Elixir Medical Corporation headquartered?
Elixir Medical Corporation is headquartered in Milpitas, US.
Which VCs invest in companies like Elixir Medical Corporation?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Kleiner Perkins and Lightspeed Venture Partners back healthcare companies at Elixir Medical Corporation's stage. Their profiles are linked below.
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