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 […]
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.
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Cleveland Clinic spinoff Clear Catheter Systems Inc. has raised $1.2 million in equity to help support the launch of its lead product, PleuraFlow.
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 […]
Clear Catheter Systems has received regulatory clearance to sell its active catheter-clearance system PleuraFlow in Europe and has launched the product in markets there. So far, the spin-off from the Cleveland Clinic has the CE marking from the European Union and market approval from Health Canada, but the company is still awaiting a nod from […]
Updated 7:35 p.m. A pre-clinical evaluation of a self-clearing chest tube developed by Clear Catheter Systems Inc. has demonstrated the tube that clears itself works better to drain the chest after surgery than a passive tube of the same size. The Cleveland Clinic spin-off based in Cleveland and Bend, Ore., is applying for U.S. and […]
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Clear Catheter Systems Inc. has won the 2009 EACTS TechnoCollege Innovation Award for its investigational catheter tube-clearing system, PleuraFlow.