USGI MEDICAL INC
SAN CLEMENTE, CA · CIK 0001141772 · Medtech · Private
Endoluminal surgical devices for minimally invasive procedures
usgimedical.com →- Grants
- —
- No SBIR or STTR on record
- Sector median: 1
- Raised
- $33M
- 3 Form D · Mar 2019
- 91 months since last filing
- Contracts
- —
- No federal contracts on record
- Patents
- 40
- 10 granted · 30 pending
- Sector median: 2
Capital Timeline
Federal ↑Equity ↓201120122013201420152016201720182019
| Date | Event | Source | Amount |
|---|---|---|---|
| Private capital raised | Form D · SEC | $16,548,170 | |
| Private capital raised | Form D · SEC | $15,000,003 | |
| Private capital raised | Form D · SEC | $1,500,000 |
Form D · SEC
Peer position
| # | Company | Contracts | Disclosed equity |
|---|---|---|---|
| 870 | AI Planning Logic Inc | — | $513K |
| 871 | Shaw Mountain Technology LLC | — | — |
| 872 | CARDIALEN, INC. | — | $26M |
| 873 | USGI MEDICAL INC | — | $33M |
| 874 | CLEARFLOW, Inc | — | $46M |
| 875 | NuAx, Inc. | — | $260K |
| 876 | DELVE NETWORKS, INC. | — | $1.6M |
Ranked on federal contract value rather than capital raised. The equity column is the comparison worth making — companies at the same procurement position often sit at very different points in their funding history.
Founders & Team
- George Abi-ChahineDirector
- Carlos BabiniDirector · Executive Officer
- Mike ChuisanoDirector
- John CoxExecutive Officer
- Tracy MaahsExecutive Officer
- William MavityDirector
- Scott MoonlyDirector · Executive Officer
- Guy NohraDirector
Patents
- Apparatus For Manipulating And Securing Tissuegranted
- Methods And Apparatus For Anchoring A Gastrointestinal Implantapplication
- Apparatus And Methods For Rapid Deployment Of Tissue Anchorsgranted
- Endoscopic Ligationgranted
- Apparatus And Methods For Positioning And Securing Anchorsapplication
- Apparatus And Methods For Positioning And Securing Anchorsgranted
- Apparatus For Manipulating And Securing Tissuegranted
- Devices And Methods For Endolumenal Treatment Of Obesityapplication
- Low Profile Tissue Anchors, Tissue Anchor Systems, And Methods For Their Delivery And Usegranted
- Tissue Manipulation And Securement Systemgranted
- Methods And Apparatus For Revision Of Obesity Proceduresgranted
- Endoscopic System With Torque Transmitting Sheathgranted
Regulatory activity · Medtech
- New Animal Drugs; Approval of New Animal Drug Applications; Withdrawal of Approval of New Animal Drug Application; Change of SponsorFood and Drug Administration
- Medical Devices; General and Plastic Surgery Devices; Classification of the Skin Patch for Treatment of HyperhidrosisFood and Drug Administration
- Medical Devices; Anesthesiology Devices; Classification of the Monitor for Opioid Induced Impairment of OxygenationFood and Drug Administration
- Medical Devices; Orthopedic Devices; Classification of the Medial Knee Implanted Shock AbsorberFood and Drug Administration
- Medical Devices; Neurological Devices; Classification of the External Lower Extremity Nerve Stimulator for Restless Legs SyndromeFood and Drug Administration
- Medical Devices; General Hospital and Personal Use Devices; Classification of the Infant Supine Sleep SystemFood and Drug Administration
Rules are matched to sector, not to company. Recent activity in a sector is context rather than a signal about this business — until rules are matched to what a company actually builds, the section is shown as context and nothing more.