VORTEX MEDICAL INC.

NORWELL, MA · Founded 2008 · CIK 0001430607 · Medtech · Acquired

Vesicoamniotic shunt (VAS) device with enhanced anchors and ultrasound visibility for fetal lower urinary tract obstruction

Grants
$1.1M
2 awards
Sector median: 1
Raised
$500K
1 Form D · Apr 2010
198 months since last filing
Contracts
—
No federal contracts on record
Patents
4
0 granted · 4 pending
Sector median: 2

Capital Timeline

Federal above the line · equity below · node area scaled to amount
Capital and federal award history
DateEventSourceAmount
Private capital raisedForm D · SEC$500,000
Federal grantDepartment of Health and Human Services · Phase II · Developing a novel vesico-amniotic shunt to treat fetal lower urinary tract obstruction$301,151
Federal grantDepartment of Health and Human Services · Phase II · Developing a novel vesico-amniotic shunt to treat fetal lower urinary tract obstruction$804,215
Federal grant · SBIR/STTRForm D · SEC

Peer position

Medtech · 4531 companies · ranked on federal contract value
Medtech companies ranked by federal contract value
#CompanyContractsDisclosed equity
846Centrus Diagnostics, Inc.—$1.7M
847SPIRATION INC—$14M
848Silk Road Medical Inc—$142M
849VORTEX MEDICAL INC.—$500K
850Bongiovi Medical & Health Technologies, LLC—$225K
851Spartan Micro, Inc.—$1.4M
852ROM Technologies, Inc.—$7.4M

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

From Form D filings · 5 related persons
  • Lishan AklogDirector
  • Albert ChinDirector
  • Michael GlennonDirector · Executive Officer
  • Christopher NelsonExecutive Officer
  • Joshua PhillipsDirector

Patents

USPTO · 0 granted of 4
  • Systems And Methods For Removing And Fragmenting Undesirable Material Within A Circulatory Systemapplication
  • Systems And Methods For Removing Undesirable Material Within A Circulatory Systemapplication
  • Systems And Methods For Removing Undesirable Material Within A Circulatory System During A Surgical Procedureapplication
  • Devices And Methods For Removing Clotsapplication

Regulatory activity · Medtech

Sector-level, not company-level

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.