Clear Catheter Systems

Devices & Diagnostics

Cleveland Clinic spinoff Clear Catheter raises first institutional funding

A Cleveland Clinic spinoff that’s developed a self-clearing catheter system has raised its first institutional round of investment funding. Clear Catheter Systems has landed a $4 million round, led by Aphelion Capital and California Technology Ventures, with participation from Research Corporation Technologies, according to a statement from Bend, Oregon-based Clear Catheter. Clear Catheter plans to […]

News

PleuraFlow active chest tube-clearing device wins FDA approval

Cleveland Clinic spinoff Clear Catheter Systems, which recently closed a $1.2 million angel investment round, has received FDA approval to sell its PleuraFlow Active Tube-Clearance System in the United States. PleuraFlow keeps catheters clear while draining blood and other fluids from the chest after heart or lung surgery.

Hospitals

Cleveland Clinic Innovations starts next decade with 33 companies

Updated 4:36 p.m. Cleveland Clinic Innovations — the corporate venturing arm of the nation’s top heart  hospital — is entering its second decade with a first-of-its-kind venture ranking, a brand-new incubator building and a growing portfolio of spin-out companies. Perhaps most impressive, those companies — 33 in all — have attracted more than $340 million […]

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